capitalism

As Wealthiest Amass Another $1 Trillion in 2017, Calls for a Strike Back Against Oligarchy
realnews.today
As the gap between the world's richest and poorest people has widened to an extreme not seen since the Gilded Age, the 500 wealthiest people have gotten $1 trillion richer in 2017, according to Bloomberg's Billionaires Index. The richest people in the wor ...[Read more]
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I hope I can quit working in a few years: A preview of the U.S. without pensions
realnews.today
Tom Coomer has retired twice: once when he was 65, and then several years ago. Each time he realized that with just a Social Security check, “You can hardly make it these days.” So here he is at 79, working full-time at Walmart. During each eight-hour ...[Read more]
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Star Wars: The Last Jedi Takes a Side in the Class War
realnews.today
“Only one business in the galaxy can get you this rich,” Rose — a new character in “Star Wars: The Last Jedi,” a mechanic on the Rebel flagship — explains to returning hero Finn as they look around the beachfront resort planet, “selling weap ...[Read more]
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California’s middle class homeless living in parking lots
realnews.today
The rising cost of rent and housing in California is forcing residents into alternative accommodation with middle class workers taking up residence in their cars and RVs by the side of the road to make ends meet. Hundreds of people, including nurses and ...[Read more]
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The Pathology of the Rich
realnews.today
On RAI with Paul Jay, Chris Hedges discusses the psychology of the super rich; their sense of entitlement, the dehumanization of workers, and mistaken belief that their wealth will insulate them from the coming storms ...[Read more]
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The Year the Open Internet Came Under Siege: 2017 Year in Review
realnews.today
The fight between the Federal Communications Commission’s choice to abandon the principles of net neutrality and the majority of Americans started early in 2017 and continued into the very last month of the year. But even with the FCC’s bad vote ...[Read more]
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Five Corporations Hire Two Intelligence Firms to Spy on Activists
realnews.today
A new revelation by the Guardian, based on leaked documents, exposes a widespread project of large corporations to spy on human rights and environmental groups. Caterpillar used informant group to spy on Cindy and Craig Corrie, parents of Rachel Corrie, w ...[Read more]
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Hunger in Wirral: the truth behind the tale that made a Tory MP cry
realnews.today
It was the true story that moved a Tory to tears: Heidi Allen, Conservative MP for South Cambridgeshire, wept after Frank Field, the veteran Labour MP for Birkenhead in Wirral, told parliament of the hungry constituent who said he had had “a lucky week ...[Read more]
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A New Study Shows How Severe U.S. Inequality Is — and How Little We’re Doing About It
realnews.today
In 1980, the average worker on the bottom half of America’s income ladder earned about $16,000 a year (in today’s money). Over the ensuing three-and-a-half decades, the average national income in the United States grew by 61 percent. That rising tide ...[Read more]
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See here how screwed Millenials are in today’s USA
realnews.today
Why millennials are facing the scariest financial future of any generation since the Great Depression. ...[Read more]
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You are Working Harder and Getting Paid Less
realnews.today
A research paper titled “Decomposing the Productivity-Wage Nexus in Selected OECD Countries, 1986-2013,” studied 11 advanced-capitalist countries and found that in eight of them median wages have not kept pace with growth in labor productivity. To put ...[Read more]
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