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Category Archives: CAPITALISM
The Oddness of the President’s Upcoming Deficit-Reduction Plan
By Robert Reich On Monday the President will offer ways to pay for his $467 billion American Jobs Act mostly by increasing taxes on the wealthy. I’m all in favor, but it’s an odd strategy. If any Republican was prepared … Continue reading
Posted in AUSTERITY, CAPITALISM, GOVERNMENT, POLICY, UNEMPLOYMENT
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Two Cheers and One Jeer for the American Jobs Act
by Robert Reich Two cheers for the President and his America’s Jobs Act. Cheer Number One: In presenting it to a joint session of Congress, he sounded as passionate and determined as he’s ever sounded. Second cheer: He laid out … Continue reading
Posted in CAPITALISM, GOVERNMENT, POLICY, UNEMPLOYMENT
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A Decade After 9/11: We Are What We Loathe
Our (the United State’s) brutality and triumphalism, the byproducts of nationalism and our infantile pride, revived the jihadist movement. We became the radical Islamist movement’s most effective recruiting tool. We descended to its barbarity. We became terrorists too. By Chris … Continue reading
Posted in CAPITALISM, EMPIRE, FASCISM, GOVERNMENT, GREED, HUMAN RIGHTS ABUSES, NATIONAL SECURITY, POLICY
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Investors Fear Collapse Of Major European Bank
By Landon Thomas Jr. and Nelson D. Schwartz The New York Times Remember the collapse of Lehman Brothers? Europeans certainly do. As Europe struggles to contain its government debt crisis, the greatest fear is that one of the Continent’s major … Continue reading
Posted in CAPITALISM, ECONOMY, EMPIRE, GLOBALIZATION, GREED, INTERNATIONAL
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U.S. Economy Tumbles Down Down Down … Global Ranking Of Competitive Economies
U.S. in Fifth Place: The World Economic Forum cited the U.S. for “a number of escalating weaknesses” including declining public faith in political leaders and corporate ethics. By John Heilprin HUFFINGTON POST GENEVA — The U.S. has tumbled further down … Continue reading
Posted in CAPITALISM, ECONOMY, EMPIRE, GLOBALIZATION, INTERNATIONAL
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Options: Slave Labor
Policy makers are scrambling to do anything to put people to work … including slave labor (under the guise of “job training”). However, rather than addressing the real issues and solutions – the need for rigorous regulation of corporations, closing … Continue reading
Posted in CAPITALISM, CORPORATE BRUTALITY, ECONOMY, EMPLOYMENT, EVIL CORPORATIONS, FASCISM, GOVERNMENT, GREED, POLICY
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Happy Labor Day! (If you’re a CEO): HOW LABOR IS GETTING SHAFTED BY CORPORATE AMERICA
By Josh Harkinson Mother Jones The red line is the share of the economy taken up by wages, salaries etc. The blue line is the share taken up by corporate profits. So the graph shows that corporations have bounced back … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, EVIL CORPORATIONS, GLOBALIZATION, GOVERNMENT, GREED, POLICY
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