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It’s time to put the shareholder value myth in the grave. America will be better off
The mantra of shareholder value has harmed the U.S. economy and the American middle class. Let’s kill it. Great article. Since Milton Friedman came up with this stupid idea in the 70s and corporations adopted it, it’s been a race to the bottom for society as a whole. Stagnant wages, low quality … Continue reading It’s time to put the shareholder value myth in the grave. America will be better off
Greece’s bailout is finally at an end – but has been a failure | The Guardian
The strategy of austerity will have long-term consequences throughout Europe And Greece will continue to suffer for decades to come. Source: Greece’s bailout is finally at an end – but has been a failure | Larry Elliott | World news | The Guardian Continue reading Greece’s bailout is finally at an end – but has been a failure | The Guardian
As the progressive push for big spending grows, so does the Democratic divide on the deficit
The growing split between progressives and party leaders on deficit spending could define the party’s future. Once people figure out exactly how money works – that when the government spends more than … Continue reading As the progressive push for big spending grows, so does the Democratic divide on the deficit
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What are taxes actually for? – Claire Connelly
We need to talk about taxation. I do not think it means what you think it means. In countries whose governments issue their own currencies, taxes do not pay for federal services. Governments like those of the US, UK, China, Australia, Canada, etc run spend & tax economies, not tax and spend. … Continue reading What are taxes actually for? – Claire Connelly
Emails show RBS bankers joked about crashing the US housing market before 2008
Email transcripts released by the US Department of Justice (DOJ) show RBS bankers joking about destroying the housing market before the 2008 crash. And they are not the only bank that knew … Continue reading Emails show RBS bankers joked about crashing the US housing market before 2008
Genoa bridge collapse: What might be responsible?
It is not yet clear what caused the collapse of the Morandi bridge in the Italian city of Genoa, but several explanations have been mooted. But the bridge may have also suffered … Continue reading Genoa bridge collapse: What might be responsible?
“Hothouse Earth” Co-Author: The Problem Is Neoliberal Economics
“Throw people in jail, fine them, do whatever you need to do. But make sure you get the biophysical outcome. From what I’ve seen, market mechanisms don’t always deliver that.” Hey governments … Continue reading “Hothouse Earth” Co-Author: The Problem Is Neoliberal Economics
Deputy Premier Matteo Salvini Points Finger at EU After Italian Bridge Disaster Kills 35
The failure of a roughly 50-year-old suspension bridge in Genoa shows how important it is to increase investment spending in Italy, Salvini told reporters Tuesday in Catania, Sicily, hinting that EU … Continue reading Deputy Premier Matteo Salvini Points Finger at EU After Italian Bridge Disaster Kills 35
Why this clothing company is making its factory wages public
Apparel company Able wants to hold the fashion industry accountable for working conditions–by publishing the salaries of everyone in its supply chain. This is great. Source: Why this clothing company is making … Continue reading Why this clothing company is making its factory wages public
If wages are to rise, workers need more bargaining power – Free exchange: Power is money
Stronger unions, better training and more housing in expensive cities might all help Unions really are the key. Source: If wages are to rise, workers need more bargaining power – Free exchange: … Continue reading If wages are to rise, workers need more bargaining power – Free exchange: Power is money
The Koch Brothers Commissioned a Survey of Americans and Found Most Like a $15 Minimum Wage, Free College, and Universal Health Care
Where the Koch brothers see government tyranny, most Americans see common-sense solutions to basic problems, it turns out. Funny how these Koch brother studies lately have been finding out that the people … Continue reading The Koch Brothers Commissioned a Survey of Americans and Found Most Like a $15 Minimum Wage, Free College, and Universal Health Care
Plant-based milk alternatives disrupt dairy – Got oats?
America and Europe’s dairy industries cry over spilt milk Plant based milks are doing so well, the dairy industry has responded by lobbying the EU to prevent plant based milks from using … Continue reading Plant-based milk alternatives disrupt dairy – Got oats?
