Economy - Part 4
A new report from Oxfam found that the world's billionaires didn't just recoup losses from the coronavirus: Their collective wealth increase could pay for the entire world's vaccinations and prevent anyone from falling into poverty.
"The increase in the w ...[Read more]
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The planet is burning and the arsonists are in charge, as one environmentalist once observed. So in late June and early July, with extreme heat afflicting a quarter of the globe, it became clear that the time had come for the Biden government, and indeed ...[Read more]
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Sanders, chair of the Senate Budget Committee, described the spending agreement as the "most significant piece of legislation... since the Great Depression." ...[Read more]
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“Fulfilling his desire to beat a fellow billionaire into the lowest verge of space, notorious tax cheat Richard Branson burned some of the money he owes his home country in order to fling himself past the troposphere so he could experience weightlessnes ...[Read more]
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"Well, I'm conservative, but I'm not one of those racist, homophobic, dripping-with-hate Tea Party bigots! I'm pro-choice! I'm pro-same-sex-marriage! I'm not a racist! I just want lower taxes, and smaller government, and less government regulation of busi ...[Read more]
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A mass experiment in Iceland found that workers with four-day weeks became happier and healthier and got just as much done. It’ll take worker organizing to win a demand like that. ...[Read more]
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Official UK figures in March showed the UK recorded a record fall in trade with the EU in January, as the economy struggled with post-Brexit rules and the pandemic.
Goods exports plunged by 41% and imports by 29% as the UK's departure from the EU's single ...[Read more]
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Reynolds is one of millions of Americans who are either senior, disabled or survivors of a deceased worker, and rely on social security benefits for the majority of their income, but the average benefit of just over $1,500 a month doesn’t provide enough ...[Read more]
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Senator Bernie Sanders (I-VT) described Amazon founder Jeff Bezos' wealth as "obscene" and called for taxes on billionaires as Bezos left his role as company CEO.
Sanders took to Twitter on Monday to highlight how much Bezos earns and contrasted it with t ...[Read more]
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But if Prime Day means deals for consumers, it has a different valence for the hundreds of thousands of people who work in Amazon’s warehouses. For those people, Prime Day means mandatory overtime, with shifts extended from ten to twelve hours, or extra ...[Read more]
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More than just the set of free-market policies, neoliberalism has always sought to alter the balance of power in society in favor of bosses by assaulting democracy and undermining unions — which has today played right into the hands of the far right. ...[Read more]
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