Discussions on the role of religion in the contemporary world generally fail to take into consideration an argument advanced by David Loy more than twenty years ago: namely, that the dominant faith system practiced across the globe today is in fact that of so-called “free-market” capitalism, a self-serving ideology forcibly imposed by a worldwide plutocracy […]
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Inequality
To Save America, Top 3 Planks Bernie Supporters Must try to Get into the Democratic Platform
Ann Arbor (Informed Comment) – Bernie Sanders bowed out of the race for president on Wednesday, but he made it clear that he still leads a national movement. Sanders has a substantial delegate count, of 914 as I write. Although he has concluded that he won’t reach the 1,991 needed to win the nomination, his […]
When Renters and Homeowners and Small Businesses need a Bailout, the Fed gives it to Big Corporations
By Nomi Prins | – ( Tomdispatch.com ) – To say that these are unprecedented times would be the understatement of the century. Even as the United States became the latest target of Hurricane COVID-19, in “hot spots” around the globe a continuing frenzy of health concerns represented yet another drop down the economic rabbit […]
The US Tax System is a vast Ponzi Scheme that only Benefits the Wealthy
( Gainesville Sun ) – There are no easy answers to financing U.S. health insurance, mental health care, social services, public health and other services for nearly 330 million individuals. The USA is a very large country and financing services must be tailored to this reality. Accordingly, funding government programs requires us to muster the […]
How we gave up our Health, Environment and Diplomacy for Wars, Walls and Plutocracy
Greenfield, MA (Special to Informed Comment) -Budgets are moral documents (or immoral, depending on priorities). So also is tax policy. Consider Trump’s proposed $1.3 trillion discretionary budget for 2021. In snapshot, the Pentagon gets 55% and every other need of 331 million people–from health, education, agriculture, transportation, environmental protection to housing–is left with 45%. As […]
Pandemic will cause another Housing Crisis, and Without Strong Long-Term Gov’t Policy it Will hit Workers Hardest
By Roshanak Mehdipanah and Gregory Sallabank | – Millions of Americans are suddenly out of work as the financial and economic crisis sparked by the coronavirus pandemic deepens. Without an income, most of these people will have a hard time covering their expenses, including keeping a roof over their heads. But even before the current […]
Coronavirus: Corporate Media ignores how Privatization of Hospitals explains Lack of Beds, Ventilators
Southwest Harbor, Maine (Special to Informed Comment) – The escalating total Covid 19 deaths in New York City and the frantic quest to obtain life saving medical gear has rightly captured media attention. New York governor Andrew Cuomo’s impassioned plea for more federal assistance and a need-based system for allocating aid among the states was […]
Italy Coronavirus Deaths Pass 10,000: How Austerity and Anti-Immigrant Politics Created Europe’s Worst Crisis
( Foreign Policy in Focus) As the viral blitzkrieg rolls across one European border after another, it seems to have a particular enmity for Italy. The country’s death toll has passed China’s, and scenes from its hospitals look like something out of Dante’s imagination. Why? Italy has the fourth largest economy in the European Union, […]
A Civil Rights Issue: Less than 1% of Americans Provide most Money for Political Campaigns
By By Chiraag Bains | – ( Otherwords.org) – Less than 1 percent of the population provides most of America’s campaign funds. It looks nothing like the rest of us. By Chiraag Bains | March 17, 2020 Ten years after Citizens United, our elections are awash with money from mega-donors and corporations. They drown out […]