capitalism
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 fight between the Federal Communications Commissionâs 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 FCCâs bad vote ...[Read more]
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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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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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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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Why millennials are facing the scariest financial future of any generation since the Great Depression. ...[Read more]
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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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The UNâs Philip Alston is an expert on deprivation and he wants to know why 41m Americans are living in poverty. The Guardian joined him on a special two-week mission into the dark heart of the worldâs richest nation ...[Read more]
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Homelessness is now a serious risk for working families with stable jobs who cannot find somewhere affordable to live after being evicted by private-sector landlords seeking higher rents, the local government ombudsman has warned.
Michael King said nurses ...[Read more]
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A new report released Thursday finds that economic inequality has soared in nearly every country around the world, with the United States' income and wealth gaps widening to a particularly extreme degree compared to European and other countries.
The World ...[Read more]
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Seen in the simplest terms, the story of political economy over the past four decades is a class war between capital and labour, which capital has won hands down. The battlefield is littered with evidence of labour’s defeat: nugatory pay awards, precari ...[Read more]
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