Jake Johnson ( Commondreams.org ) – A report published Wednesday estimates that privately run, government-funded Medicare Advantage plans are overcharging U.S. taxpayers by up to $140 billion per year, a sum that could be used to completely eliminate Medicare Part B premiums or fully fund Medicare’s prescription drug program. Physicians for a National Health […]
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Neoliberalism
Meeting Union Demands would be a Win-Win for Automakers
By Sonali Kolhatkar ( Otherwords.org) – The United Auto Workers (UAW), a union of nearly 150,000 workers at America’s “Big Three” automakers, are on strike. On the face of it, UAW’s demands sound audacious. They’re calling for a 46 percent pay raise and a four-day workweek, among other things. But in the broader context of […]
Are Green Sustainability and 20th Century-Style ‘Economic Growth’ Compatible? Scientists increasingly Fear Not
Ivan Savin, ESCP Business School and Lewis King, Universitat Autònoma de Barcelona | – (The Conversation) – When she took to the floor to give her State of the Union speech on 13 September, European Commission president Ursula von der Leyen largely stood by the script. Describing her vision of an economically buoyant and sustainable […]
On Labor Day: Low-Wage Employers say they Have no Money for Raises, but spent $341 Billion on Stock Buybacks
By Sarah Anderson ( Inequality.org ) – In response to strikes and union organizing drives, corporate leaders routinely insist that they simply lack the wherewithal to raise employee pay. And yet top executives seem to have little trouble finding resources for enriching themselves and wealthy shareholders. In 2021 and 2022, S&P 500 corporations spent record […]
The Profiteers of Armageddon: Oppenheimer and the Birth of the Nuclear-Industrial Complex
( Tomdispatch.com) – Unless you’ve been hiding under a rock for the past few months, you’re undoubtedly aware that award-winning director Christopher Nolan has released a new film about Robert Oppenheimer, known as the “father of the atomic bomb” for leading the group of scientists who created that deadly weapon as part of America’s World […]
Caution: Children at Work: The Return of Child Labor shows the Decline of the Right is Bottomless
By Steve Fraser ( Tomdispatch.com ) – An aged Native-American chieftain was visiting New York City for the first time in 1906. He was curious about the city and the city was curious about him. A magazine reporter asked the chief what most surprised him in his travels around town. “Little children working,” the visitor replied. Child labor […]
Can Lebanon Finally elect a President who will Lead it out of its Economic and Political Morass?
By Habib Badawi Beirut (Special to Informed Comment; Feature) – Lebanon may be a small country of some four million citizens with a land area a little less than that of Connecticut, but it plays an outsized role in the geopolitics of the Middle East. Its upcoming presidential election on June 14th therefore has wide […]
Turkey’s Opposition Chief is Leading in the Polls, but Sunday’s Election is a Cliffhanger
By Balki Begumhan Bayhan, Coventry University | – (The Conversation) – Turkey’s general election on Sunday, May 14 will see voters cast their ballots for 600 members of its parliament and the country’s powerful presidency. This election has become intensely competitive in a country which has undergone severe democratic erosion over the past decade, but […]
COVID Response opened a New Era of Social Generosity; Why Didn’t we Make it Permanent?
( Tomdispatch.com) – I doubt I ever feel older or more passé than when I’m out in my city — New York — and I still put on a mask before stepping onto a bus, going into the subway, or entering a store. Increasingly, I find myself alone in a world of the unmasked with […]