Economy

If even the Democratic Party can’t raise Taxes on the Super-Rich, is the US even a Democracy Any More?

Southwest Harbor, Maine (Special to Informed Comment) – The struggle over efforts to revise and reform the tax code offers left and labor activists as well as the “democratic wing” of the Democratic Party an opportunity to test its strength and to clear up some widely circulated but misleading facts about the distribution of wealth […]

Inequality

Fund the Jobs bill by taxing the Billionaires who have made the $1.8 trillion during the Pandemic

OtherWords

By Chuck Collins | – ( Otherwords.org) – As lawmakers scramble to finalize a historic jobs and infrastructure package, huge fights are underway to figure out how to fund it. The simplest, most effective, and most popular way is to tax the extremely wealthy, like the billionaires who’ve seen their collective wealth grow by $1.8 […]

Carbon Footprint

Transparency can Help Cut Carbon Emissions: Don’t let Polluting Corporations Hide

The Conversation

By Richard Holden | – World leaders and about 30,000 others from assorted interest groups will converge on Glasgow in November for the United Nations’ 26th annual climate summit, COP26 (“Conference of the Parties”). It will be five years (allowing for a one-year Tokyo 2020-style pandemic hiatus) since the Paris Agreement adopted at COP21 in […]

Climate Crisis

Green Energy initiatives in Dem Infrastructure Bill infinitely Cheaper than a gradualist phase-out of Fossil Fuels

Juan Cole

Ann Arbor (Informed Comment) – The green energy proposals in the $3.5 trillion Democratic Party infrastructure bill now being heatedly debated have been attacked from the Right and even the center as “costly.” That is wrong, wrong, wrong. The faster we put in solar panels and wind turbines, the more money we will save, to […]

Arms Sales

The Profits of War: How Corporate America Cashed in on the Post-9/11 Pentagon Spending Surge

William D. Hartung

( Tomdispatch.com) – The costs and consequences of America’s twenty-first-century wars have by now been well-documented — a staggering $8 trillion in expenditures and more than 380,000 civilian deaths, as calculated by Brown University’s Costs of War project. The question of who has benefited most from such an orgy of military spending has, unfortunately, received […]

China

China Emerging as Competitor to Tesla: Will it build the best Cars in the World?

The Conversation

By Tom Stacey ” Europeans and other western nations have dominated automotive excellence for over a century. Whether it is the satisfying thud of the door closing on a Volkswagen from Wolfsburg, or the beauty of a Ferrari from Modena, these brands are iconic – and very lucrative for their manufacturers. When we think of […]

Epidemics

Public Citizen: It Turns out Pfizer-BioNTech Vaccine depends Heavily on Publicly-Financed Research

John Buell

Southwest Harbor, Maine (Special to Informed Comment) – Public Citizen recently uncovered “an agreement that the European Commission reached with Pfizer and BioNTech last November to purchase 100 million doses of the companies’ mRNA vaccine, which was developed with the support of https://www.bloomberg.com/news/articles/2020-11-09/pfizer-vaccine-s-funding-came-from-berlin-not-washington”> government funding and U.S. taxpayer-financed technology. In the 104-page contract, Public Citizen […]

Employment

Unemployment Insurance Isn’t Holding Back the Economy. Inequality Is.

OtherWords

By Rebekah Entralgo | – An estimated 9 million Americans got the rug pulled out from under them over Labor Day weekend as enhanced pandemic federal unemployment benefits expired, leaving millions of families in the lurch during a record-breaking season for COVID-19 cases and hospitalizations. Some 35 million people — nearly 1 in 10 Americans […]

Homelessness

The Land of the Free, Where So Many of the Brave Are Homeless: Resisting Evictions Amid a Pandemic

Liz Theoharis

( Tomdispatch.com) – Over the past weeks, multiple crises have merged: a crisis of democracy with the most significant attack on voting rights since Reconstruction; a climate crisis with lives and livelihoods upended in the Gulf Coast and the Northeast by extreme weather events and in the West by a stunning fire season; and an […]