Economy

Recognizing Working Class Pain ‘That Doesn’t Make CNN,’ Sanders and Rev. Barber Call for Building Truly Moral Economy
realnews.today
Coinciding with the launch of a new Poor People's Campaign that plans to bring mass action and a radical anti-poverty agenda to over 40 states in the coming weeks, Sen. Bernie Sanders (I-Vt.) joined Rev. William Barber at Duke University Thursday night to ...[Read more]
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How convict labour increased inequality
realnews.today
THE 13th Amendment to the constitution has prohibited slavery and indentured servitude in America since 1865. The one exception is as “punishment for crime”. As a result, prisons use their inmates as forced labour to balance the books, particularly si ...[Read more]
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Deaths of UK homeless people more than double in five years
realnews.today
The number of homeless people recorded dying on streets or in temporary accommodation has more than doubled over the last five years in the UK, the Guardian can reveal. With people found dead in supermarket car parks, church graveyards and crowded hostels ...[Read more]
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The Failure Of The Globalist Fantasy
realnews.today
In this super-global era, living standards for most working people in the West have stagnated and most gains have gone to the top. Establishment politicians have few answers except to blame the people themselves for having insufficient skills. People not ...[Read more]
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The Government Should Guarantee Everyone a Good Job
realnews.today
Done correctly, a good-jobs guarantee would largely eliminate poverty in the United States. It would directly and radically improve the lives of long-term unemployed and “unemployable” people—particularly the black, latinx, and Native workers who su ...[Read more]
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Drastic income inequality is putting a strain on America’s social safety net
realnews.today
Sharp US income inequalities are only partially offset by means-tested social programs and taxation-based transfers, according to a new report from the Congressional Budget Office. For the top 20% richest US households, average income was more than ten ti ...[Read more]
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City of London to set up finance centre to help China’s new megacity
realnews.today
The City of London has set up a “green finance centre” with a Chinese partner to fund sustainable development projects, and the first beneficiary may be Xiongan, a district earmarked by President Xi Jinping as the site for a massive new city in northe ...[Read more]
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More Americans now support a universal basic income
realnews.today
Political philosopher and economist Karl Widerquist remembers a poll from 10 years ago that showed just 12 percent of Americans approved of a universal basic income. That's changed — and quickly. Today, 48 percent of Americans support it, according t ...[Read more]
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Worker Cooperatives Are More Productive Than Normal Companies
realnews.today
Imagine an economy without bosses. It’s not a utopian vision but a growing daily reality for many enterprises. A close analysis of the performance of worker-owned cooperative firms—companies in which workers share in management and ownership—shows t ...[Read more]
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Trump’s Infrastructure Plan Is Great, Unless You Want Actually Functioning Infrastructure
realnews.today
The plan’s private partnership model will pour public funds into corporate coffers. President Trump’s new plan just orders everything on the menu, leaves after a few bites, and sticks taxpayers with the bill. Not only does his 50-page plan offer no ne ...[Read more]
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Tax haven firms own 23,000 UK properties
realnews.today
A quarter of property in England and Wales owned by overseas firms is held by entities registered in the British Virgin Islands, BBC analysis has found. The Caribbean archipelago is the official home of companies that own 23,000 properties - more than any ...[Read more]
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