[Source: The Intercept, Naomi Klein, 16 Mar 2020] Governments around the world are busily exploiting the coronavirus crisis to push for no-strings-attached corporate bailouts and regulatory rollbacks. “I’ve spent two decades studying the transformations that take place under the cover of disaster,” writes Naomi Klein. “I’ve learned that one thing we can count on is… Continue reading Coronavirus Capitalism — and How to Beat It
Praise for Progress and Poverty Among many famous people who asserted that it was impossible to refute George on the land question were Winston Churchill, Leo Tolstoy, John Dewey, and Bertrand Russell. Tolstoy and Dewey, especially, dedicated much of their lives to spreading George’s ideas. Tolstoy was preaching about the ideas in Progress and Poverty… Continue reading Henry George – Progress and Poverty
As 2019′s happiest country in the world, Finland is undoubtedly a great place to have children. With lengthy parental leave, hundreds of dollars worth of free baby products in the signature baby box and low-to-no childbirth costs, here’s why it’s better to have a baby in Finland than in the U.S. (CNBC, 14 Feb 2020)… Continue reading Why It’s Cheaper To Have A Baby In Finland Than The U.S. (CNBC, 14 Feb 2020)
Where does wealth come from, who creates it and what destroys it? In this deep dive into global economics, Mariana Mazzucato explains how we lost sight of what value means and why we need to rethink our current financial systems — so capitalism can be steered toward a bold, innovative and sustainable future that works… Continue reading What is economic value, and who creates it?
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer.
When Walmart moves into rural towns, the impact on local small businesses can be devastating and often results in local stores closing down. Even more devastating is the wasteland left behind when a Walmart pulls out of a community after homogenizing the local economy. Educational preparedness and workforce readiness are hindered. In other words, the… Continue reading Returning to the Town that Walmart Left Behind
Housing costs in California are rising faster than other states. Between January 2012 and January 2019, list prices for homes rose 85.4%. Here are three of the key conditions that sent prices soaring. Video and photo composite: Carlos Waters for The Wall Street Journal. (8 Mar 2019)
Since 2010, homelessness had been declining, but in 2017 a rise in homelessness began. By our most recent accounts there are now 554,000 homeless people in the U.S. with many of the working poor being without a place to live. They could be paid more, but paying workers more would require CEOs and stockholders to get… Continue reading PBS NewsHour: After many years in decline, homelessness is on the rise. (28 Oct 2018)
By some measures, our economy has never been better. The stock market is at an all time high and jobless claims are at about a 49-year low. End of story, right? Well… not really. We still have millions of citizens living in poverty. More than 20 million children are unable to get adequate food. The… Continue reading Poverty in America – How one of the world’s wealthiest nations still struggles with economic justice.
This is a common story for young people in countries and cities around the world seeking employment and hoping to create a better life. Description: Many young Chinese are losing faith in China’s economic miracle. Even though the country is poised to overtake the US in the next decade as the world’s largest, fewer Chinese… Continue reading Aljazeera Report on Education, Culture, Lifestyle, Economy, Housing, and Employment in China
Consumer Defense | Finance “The economy is so bad, you need a good dose of Maxine!”~ Greg Johnson We had re-posted on our website an email that has circulated the globe many times over and found its way into the email inboxes of millions. The email contained a dozen Maxine cartoons and quotes about the economy.… Continue reading Maxine – The Economy is So Bad