Inequality

By Jack Metzgar | – ( Inequality.org) – Every time I hear that we as a nation cannot afford something — whether that might be assuring non-toxic water in Jackson and Flint or universal pre-K or an industrial policy with teeth — I have wondered how many dollars a national wealth tax might yield. So […]

Inequality

Inequality Kills. But We Can Stop the Killing

Sam Pizzigati

( Inequality.org ) – Over a half-century ago, back in the mid-1960s, books about poverty abounded. But publishers paid relatively little attention to wealth’s concentration. A generation earlier, Americans had obsessed about grand private fortunes. By late mid-century, that obsession no longer excited either the media or the public. That would all soon change, particularly […]

Banking

Tackling Inflation By Rewarding the Rich Is a Fool’s Errand

Sonali Kolhatkar

By Sonali Kolhatkar | – ( Otherwords.org ) – British Prime Minister Liz Truss recently resigned after just 45 days in office, disgraced by her own economic prescriptions. There’s a lesson here for the United States, a nation beset by similar economic troubles. The main takeaway? Tackling inflation by rewarding the rich is a fool’s […]

Inequality

Can a Right-Wing Indian-British Billionaire Save the Conservative Party from Instability and Growing Unpopularity?

Jonathan Fenton-Harvey

London (Special to Informed Comment) – In a further display of chaos within the UK Conservative Party and British government, Britain has appointed its third prime minister within less than two months. It followed Liz Truss’ forced resignation after 44 days of being Britain’s Prime Minister, which may have bemused many observers. While the Conservative […]

Electricity Cost

Germany to Give Electricity Rebates, financed with Windfall Profit Tax on Energy Corporations

Benjamin Wehrmann

( Clean Energy Wire ) – The German government plans to introduce a power price brake that will grant electricity consumers a lower price for a fixed share of their estimated use in 2021, a presentation prepared by the chancellery and seen by Clean Energy Wire showed. The measure will be financed with taxes retroactively […]

Inequality

The U.S. Never Banned Asbestos. These Workers Are Paying the Price

ProPublica

By Kathleen McGrory and Neil Bedi, photography by Rich-Joseph Facun, graphics by Haisam Hussein | – Co-published with NPR News ( ProPublica ) – Henry Saenz remembers when he first learned what even the tiniest bit of asbestos could do to his body. He was working at a chemical plant where employees used the mineral […]

Climate Crisis

Tax Cuts for the Rich, Fracking and Harsh Discipline undid UK’s Liz Truss, in Warning to Conservative Parties Everywhere

Farhang Jahanpour

Oxford (Special to Informed Comment) – The British Prime Minister Liz Truss was forced to step down on Thursday 20th October only after 44 days in office, making her tenure the shortest in British history. It is important to point out that she was elected by only 81,326 Tory members and not by nearly 50 […]

Corporations

Optimism of the Will: Noam Chomsky on Organizing, Labor and taking on the Corporations

Tomdispatch

By David Barsamian and Noam Chomsky | – ( Tomdispatch.com) – [The following is excerpted in shortened form from Chapter 9 of Notes on Resistance by Noam Chomsky and David Barsamian, published by Haymarket Books.] David Barsamian: What we are facing is often described as unprecedented — a pandemic, climate catastrophe and, always lurking off […]