By Matthew Carl Ives, University of Oxford; Belinda Wade, The University of Queensland; and Saphira Rekker, The University of Queensland | – Just 57 companies and nation states were responsible for generating 80% of the world’s CO₂ emissions from fossil fuels and cement over the last seven years, according to a new report released by […]
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Economy
Erdoğan’s streak came to a screeching Halt as Turkey’s economy pays the price for Years of Policy Mistakes
By Gulcin Ozkan, King’s College London | – (The Conversation) – For many years, it wasn’t the economy that determined voting behaviour in Turkey. The country’s president, Recep Tayyip Erdoğan, won almost every election he contested despite a deteriorating economic outlook. This is commonly explained by the importance of identity politics in a country that […]
Total U.S. Billionaire Wealth is Up 88 Percent over Four Years
By Chuck Collins and Omar Ocampo | – ( Inequality.org ) – Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion. Four […]
Jared Kushner’s Shameful Remarks on Gaza: “I would do my best to move the people out”
( Middle East Monitor ) – “It’s unfortunate that no one’s taking in the refugees,” lamented former White House advisor during the Trump administration Jared Kushner. He made his comment during an interview at Harvard University last month. The reason? Gaza is being eyed as potential space for valuable waterfront property, so why shouldn’t Israel […]
Could Trump win again? Roots of MAGA Paranoia and the Politics of Fear
Brooklyn, NY (Special to Informed Comment; featured) – The cover of my The Politics of Fear: The Peculiar Persistence of American Paranoia features a photograph of a bearded, fur-clad man with a horned helmet, tattoos and face paint. On January 6, 2021, Jacob Anthony Chansley, aka the Q Shaman, stood at the House Speakers’ dais […]
The Failing Battle for Healthcare in the Dis-United States
( Tomdispatch.com ) – The slang definition of “unwinding” means “to chill.” Other definitions include: to relax, disentangle, undo — all words that, on the surface, appear both passive and peaceful. And yet in Google searches involving such seemingly harmless definitions of decompressing and resting, news articles abound about the end of pandemic-era Medicaid expansion […]
War is Bad for you — And the Economy: Biden touts the Alleged Benefits of the Arsenal of Democracy
( Tomdispatch.com ) – Joe Biden wants you to believe that spending money on weapons is good for the economy. That tired old myth — regularly repeated by the political leaders of both parties — could help create an even more militarized economy that could threaten our peace and prosperity for decades to come. Any […]
We Need to Phase out Fossil Fuels Immediately, but Equitably
By Tom Athanasiou | – This essay was originally published in Foreign Policy in Focus Just before the recent climate summit in Dubai, COP28 president Sultan Al-Jaber, with some exasperation, came out with the following rather amazing statement: “Please help me, show me the roadmap for a phase out of fossil fuel that will allow […]
‘Hell No!’: Trump Allies’ Plan to Privatize Medicare Draws Alarm and Outrage
Jake Johnson A right-wing coalition that’s been laying the policy groundwork for another Trump presidency has developed a plan to further privatize Medicare by making fraud-riddled Medicare Advantage “the default enrollment option” for newly eligible beneficiaries. The plan, highlighted Monday by Rolling Stone‘s Andrew Perez, is outlined about halfway through Project 2025’s 920-page playbook for […]