By Jon Queally Both issues show clearly that ‘we have a rigged system, where a handful are able to reap benefits at the cost of everyone else.’ Sharing a stage with French economist Thomas Piketty on Monday night in Boston, Sen. Elizabeth Warren discussed a range issues related to economic inequality during a joint interview […]
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Plutocracy
9 Questions about the 1%, the Unemployed and why the one produces the Other
By Peter van Buren via Tomdispatch Last year eight Americans — the four Waltons of Walmart fame, the two Koch brothers, Bill Gates, and Warren Buffett — made more money than 3.6 million American minimum-wage workers combined. The median pay for CEOs at America’s large corporations rose to $10 million per year, while a typical chief executive now makes […]
Big Media is Boring us into accepting End of Net Neutrality: John Oliver
John Oliver: “Cable companies are trying to create an unequal playing field for internet speeds, but they’re doing it so boringly that most news outlets aren’t covering it. John Oliver explains the controversy and lets viewers know how they can voice their displeasure to the FCC. (www.fcc.gov/comments, for any interested parties)” Last Week Tonight with […]
Faced w/ Global Warming Threat, Obama fudges EPA Carbon Reduction
By Juan Cole President Obama’s decision to unleash the Environmental Protection Agency on US carbon dioxide emitters is a sea change in environmental policy and is extremely welcome to any who care about the planet. But its real significance does not lie in the targets for carbon dioxide reduction Obama has set. Those are way […]
Preying on the Weak: Like Big Tobacco, Big Oil Targets Developing Countries
By Michael T. Klare via Tomdispatch.com In the 1980s, encountering regulatory restrictions and public resistance to smoking in the United States, the giant tobacco companies came up with a particularly effective strategy for sustaining their profit levels: sell more cigarettes in the developing world, where demand was strong and anti-tobacco regulation weak or nonexistent. Now, […]
30 Murders by Firearm in England 2012 (equiv. 164), vs. 8,855 in US
By Juan Cole The mentally imbalanced individual who hunted down UC Santa Barbara students and knifed three and shot 6 of them to death, wounding with gunfire 7 more, on Saturday, used a semi-automatic handgun. The most popular such weapon is a Glock. It is not an automatic weapon, meaning you have to squeeze the […]
When the McCarthyites tried to Ban “Robin Hood” as a Communist; and the Green Feather Movement
(By Alison Kysia) On November 13, 1953, during the height of the McCarthy era, Robin Hood and his band of “merry outlaws” made headlines. Mrs. Thomas J. White of the Indiana Textbook Commission called for a ban of Robin Hood in all school books for promoting communism because he stole from the rich to give […]
After Occupy: Is Economic Democracy Possible?
(A conversation on economic democracy with Tom Malleson via OUP) How do we address the problem of inequality in capitalist societies? Tom Malleson, the author of After Occupy: Economic Democracy for the 21st Century, argues that by making sure that democracy exists in both our economy and in our government, we may be able to […]
Fracking Victims demand Environmental Protection Agency Intervention
(By Lauren McCauley) The 150 million Americans routinely exposed to toxic air as a result of oil and gas drilling need better protection from their government, demanded a coalition of 64 environmental and community groups, who on Tuesday filed a petition (pdf) asking the Environmental Protection Agency to set limits on the air pollutants emitted […]
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