neoliberalism

They Said Tax Cuts for the Rich Would Create Jobs. It Never Happened.
For forty years, governments around the world have been cutting taxes on the rich, claiming that the result would be more jobs and higher incomes. A new study shows how catastrophically wrong that policy has been. ...[Read more]
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Trump Launches New Assault on the Working Poor
The Office of Management and Budget's latest effort to redefine "poverty" threatens to deprive countless Americans of basic social services. ...[Read more]
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How convict labour increased inequality
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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Police cuts likely contributed to rise in violent crime in UK, leaked report reveals
Government cuts to the police “may have encouraged” violent offenders and have “likely contributed” to a rise in serious violent crime, leaked Home Office documents have revealed. The documents cast doubt on claims by the home secretary, Amber Rud ...[Read more]
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Thousands of Americans jailed for debts chased by private collectors
An estimated 77 million Americans have a debt that has been transferred to a private collection agency. Thousands end up in jails. African Americans and Hispanics are most affected, due to acknowledged gaps in poverty and wealth. ...[Read more]
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Trump’s Infrastructure Plan Is Great, Unless You Want Actually Functioning Infrastructure
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
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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So many Japanese people die alone, there’s an industry devoted to cleaning up after them
There is a putrid smell emanating from the flat. There is an obvious brown stain on the futon where the body has been. The futon, the clothes, the newspapers and horse-racing stubs are covered with maggots and flies. Still, if the man had died in the su ...[Read more]
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The tax cut is a $6 billion gift to Exxon
The tax windfall helped Exxon's (XOM) net profits surge fivefold, the world's largest publicly traded oil company said on Friday. Excluding the tax bonanza, Exxon's results left Wall Street wanting more. Adjusted earnings unexpectedly declined and revenue ...[Read more]
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Inequality is not inevitable, but the Davos elites will not solve it
The absurdity of eight billionaires owning as much wealth as the poorest 50 per cent of the world’s population has only been overtaken by the news that the top 1 per cent managed to take 82 per cent of all global wealth created, while the bottom half o ...[Read more]
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A woman in the U.S. was thrown out on the streets by hospital staff because she didn’t have insurance.
The woman was filmed by a local psychotherapist, who eventually got her help after coaxing her to sit down, and who said that she was clearly not capable of being discharged form the facility. In the video, which he posted online, the woman is seen shu ...[Read more]
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