By Sophie Alkhaled | – Prominent Saudi women’s rights activist Loujain al-Hathloul was released from prison on February 10 2021 after 1,001 days in custody. Al-Hathloul, a leading campaigner for women’s rights in Saudi Arabia, had been sentenced to five years and eight months in prison in 2018 for pushing a foreign agenda and using […]
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Investment
On Tax Day, the Billionaires must Start Paying their Fair Share
Greenfield, Mass. (Special to Informed Comment) – On Tax Day, there’s more than one elephant in the room, and they’re all in mansions. Elephants occupy the bulging mansions of 657 American billionaires, 43 of them new this past pandemic year. Their combined wealth soared to $4.2 trillion – up $1.3 trillion – between March 21, […]
An Open Letter to Senator Joe Manchin: Stop worrying about Inflation and Focus on Keeping Hurting Workers Afloat
Southwest Harbor, Maine (Special to Informed Comment) – Dear Senator Manchin; Corporate media now portray you as on of the most powerful politicians in DC. Hard bargaining on the amount and length of unemployment insurance chopped 100 dollars a week off the compensation workers will receive. This compromise, which you defended on the grounds it […]
Making America more Equal . . . by Rebuilding the Country
(Tomdispatch.com ) – During the Trump years, the phrase “Infrastructure Week” rang out as a sort of Groundhog Day-style punchline. What began in June 2017 as a failed effort by The Donald’s White House and a Republican Senate to focus on the desperately needed rebuilding of American infrastructure morphed into a meme and a running […]
The Gamestop Affair shows that America is over-financialized and needs a tax on speculation
Southwest Harbor, Maine (Special to Informed Comment) – It would be unfair to suggest that the titans of Wall Street are oblivious to poverty. One of their central themes is the role that financial literacy can play in teaching citizens how wealth is acquired and maintained. In their worldview saving and investing in the stock […]
Letting the Markets go Wild while the People Go Down: A War of the Worlds
By Nomi Prins | – ( Tomdispatch.com ) – Sometimes things only make sense when seen through a magnifying lens. As it happens, I’m thinking about reality, the very American and global reality clearly repeating itself as 2021 begins. We all know, of course, that we’re living through a once-in-a-century-style pandemic; that millions of people […]
How incompetent Boob Trump took down America and launched the Chinese Century
Ann Arbor (Informed Comment) – The twentieth century was dubbed “the American Century” in 1941 by Time magazine publisher Henry Luce. Luce hoped that Americans would abandon their isolationism and seek international allies, joining against the Axis in WW II. It was then more wishful thinking on his part than reality, but his wish arguably […]
Top Ways British Trumpism, a.k.a “Brexit” Will make Britain Poorer and Weaker, but also more Muslim
Ann Arbor (Informed Comment) – Boris Johnson’s government has achieved a relatively “hard Brexit” at the last minute, reaching a deal on its departure from the European Union. This is a triumph for British Trumpism, and it is no wonder that Trump himself was a cheerleader for it. It is economically a bad deal for […]
How the concentration of property rights within corporations has led to a rejection of democracy and a rise in inequality
By Jean-Philippe Robé | – Jean-Philippe Robé discusses how multinational enterprises morphed into political organisations with global reach and power, but without the corresponding responsibilities. He argues that the concentration of property rights within corporations has led to the rejection of democracy as an ineffective system of government and to the rise in inequality. ( […]