Ann Arbor (Informed Comment) – A new ABC News/ Ipsos poll finds that 64% of Americans are optimistic about the next twelve months. It is the first time we have felt that way about ourselves since before George W. Bush crashed the economy by deregulating everything. “Morning in America” was the slogan of the minor […]
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Economy
Pfizer and Big Pharma need to waive Patents on Covid-19 Vaccine to Save the World
Southwest Harbor, Maine (Special to Informed Comment) – It is a familiar story. A Pharma giant sells life- saving vaccine , which costs no more than 7 dollars a dose, to most nations at almost 20 dollars per shot. Knowing that unseemly profits in the midst of a global pandemic may elicit outrage and perhaps […]
Just how Bold is Biden’s Plan to Pay for Infrastructure by Making Rich Pay their Fair Share?
( Inequality.org) – President Joe Biden has made no secret of his admiration for Franklin D. Roosevelt. He’s even given a painted portrait of FDR the most prominent place of honor in the White House Oval Office. A bit more significantly, Biden has just announced the most ambitious gameplan — since FDR’s New Deal — […]
Don’t Let Wall Street Get Rich Speculating on our Water
( Otherwords.org ) – Shameless speculators are trying to privatize and commoditize the water all humans need to live. By Jim Hightower | April 28, 2021 Oh great — here comes a new stealth attack on the fragile, life-sustaining natural resources of Planet Earth. This latest assault by Wall Street alchemists would redefine one of […]
Systemic Racism won’t End with One Trial, But Biden-Harris can enlist Government in addressing Economic Inequality at its Root
Ann Arbor (Informed Comment) – African-Americans face aggressive policing in part because, on average, they lack resources. Household wealth allows a family to donate to political campaigns, to ensure a good education for their children, and to join influential civic clubs and organizations. The Center for American Progress reports that in 2019, before the distortions […]
Blocked from Civil Dissent, Women in Saudi Arabia are turning to business as ‘quiet’ Feminist activism
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 […]
For Workers struggling to Unionize at Amazon, it is a Matter of Life and Death
Southwest Harbor, Maine (Special to Informed Comment) – That unions lost the battle to organize Amazon’s Bessemer, Alabama plant should and did come as no surprise. The workers were up against one of the world’s most affluent and powerful corporations. Yet despite the 2 to 1 loss, the organization effort did help to reveal Amazon’s […]
The Ever Given’s Blockage of the Suez Canal and World Trade showed the Downsides of Monopoly Capitalism
Southwest Harbor, Maine (Special to Informed Comment) – News media, maritime experts, and a curious public could hardly take their eyes off the Ever Given, the mega cargo ship as long as the Empire State Building is tall. Viewers were stunned to see the ship swung sideways to the canal and thus blocking transit in […]
How the Pandemic spelled the end of Trickle-Down Economics: We need Wealth to Percolate up
( Otherwords.org) – The past year proves that a lot of conventional economic wisdom is neither true nor wise. For example: 1) “We don’t have the money.” The power elites tell us it would be nice to do the big-ticket reforms America needs, but the money just isn’t there. Then a pandemic slammed into America, […]