Tag: economy
300+ economists, millionaires, and elected officials to G20: ‘Tax extreme wealth’
While billionaire wealth surged to an all-time high, around 165 million people were thrown into poverty during the pandemic.
The moneyless economy is thriving in America
The free and shared goods economy is creating community resilience and alternatives to trash culture for millions of people.
Government watchdog cautions against further interest rate hikes for risk of...
Accountable.US warns further hikes "would needlessly and unnecessarily cause a recession and result in millions of Americans losing their jobs."
GOP’s ‘fiscal vandalism and political sabotage’ prompts second-ever US credit downgrade
"The debt ceiling was a bad idea when it was first put in place, and it has become the worst idea as the Republicans have figured out how to weaponize it."
Ignoring warnings of mass job loss, Fed hikes rates to highest...
"The Fed should end its rate hiking campaign for good."
Why capitalism is leaving the US, in search of profit
Ongoing controversies and alarms surround this capitalist exodus.
Learning from history, if we dare
To leverage and learn from humanity’s history regarding what fostered sustainability in the past, we need to know the outcomes.
How the labor movement is showing up for LGBTQ+ rights
The hope is that more labor activists will understand how common queer workers are and see how supporting them actually strengthens the labor movement.
The Titan and the Titanic: two tales of capitalist hubris
The doomed OceanGate submersible offers us many of the same lessons that the 1912 Titanic sinking did.
Replacing the capitalist dream of AI-driven profits
When asked to share alternatives to capitalism, ChatGPT offered many options, none of which rely on the fantasy that money hoarding at the top can eventually benefit the rest of us.
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The dark side of ecotourism: When green travel exploits people and the planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.
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US workers average 10 paid vacation days a year, and 33 million get none
Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...
The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.