Economy

( Tomdispatch.com) – Last week, I was in Washington, D.C.’s Union Station. The weather had turned cold and I couldn’t help noticing what an inhospitable place it had become for the city’s homeless and dispossessed. Once upon a time, anyone was allowed to be in the train station at any hour. Now, there were signs […]

Climate Crisis

G7 Industrialized Democracies Establish Climate Club with Focus on Industry Decarbonization

Julian Wettengel

By Julian Wettengel | – ( Clean Energy Wire ) – The G7 group of influential economies have set up an international climate club to support the implementation of the Paris Climate Agreement, with a focus on pushing the climate-friendly transition of the industry sector. The club is open to other countries and aims to […]

Arab World

Xi announces “New Era” in China-Saudi Relationship with $30 bn. in Deals, as Arabs Seek to Offset Dependence on Washington

Juan Cole

Ann Arbor (Informed Comment) – Al Jazeera reports that Saudi King Salman Bin Abdulaziz on Thursday signed an agreement with visiting Chinese Premier Xi Jinping at the Yamama Palace regarding a “comprehensive strategic partnership” between the two countries. Xi announced that his visit to the kingdom would inaugurate a “new era” in the relationship of […]

Corporations

Congress Has No Business Shoveling Another $847 Billion Into the Military Industrial Complex

OtherWords

By Lindsay Koshgarian | – ( Otherwords.org ) – Can you imagine the audacity to fail a multi-trillion dollar audit of public funds, and then ask for even more of those taxpayer dollars? Pentagon leaders just did exactly that. This month news broke that the agency once again failed to pass a basic audit showing […]

Carbon Footprint

G20 still paying Billions in Fossil Fuel Subsidies

China Dialogue

By Catherine Early | – ( China Dialogue) – The Group of 20 is an intergovernmental forum of 19 countries and the European Union. These include most of the world’s largest economies, including those of many developing nations, and together account for over 80% of world GDP. Subsidies to the sector had fallen to $147bn […]

Inequality

We Can’t Afford NOT to Have a Wealth Tax

Inequality.org

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 […]

Corporations

Parasitic Private Equity is Consuming U.S. Health Care from the Inside Out

F. Douglas Stephenson

Gainesville, Fl. (Special to Informed Comment) – Private equity has succeeded in depicting itself as part of the productive economy of health care services. even as it is increasingly being recognized as being parasitic. The essence of this toxic parasitism is not only to drain the host’s nourishment, but also to dull the host’s brain […]

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 […]

Monopolies

Taylor Swift’s Superfans Strike a Blow Against Monopolies

OtherWords

By Bella DeVaan | – ( Otherwords.org ) – After a nightmare ticket sale, monopolies made a powerful enemy. That’s good news for all of us. By Bella DeVaan | November 23, 2022 As the cost of food, travel, and gifts complicate holiday plans across the country, millions of Americans have been awakened to the […]