Featured

Featured Posts

[tagcloud number="6" orderby="count" format="flat" order="DESC" smallest="11" largest="11"]

American democracy’s built-in bias towards rural Republicans – Voting reform

By Underground | August 28, 2018

Its elections no longer convert the popular will into control of government In no other two-party system does the party that receives the most votes routinely find itself out of power. Source: … Continue reading American democracy’s built-in bias towards rural Republicans – Voting reform

Verizon Throttled Firefighters’ Internet Speeds During California Wildfires

By Underground | August 22, 2018

Verizon throttled Santa Clara County firefighters’ internet speeds as they fought California wildifres. Now, the agency is blaming net neutrality. Hey, companies need to make a buck even if a few people … Continue reading Verizon Throttled Firefighters’ Internet Speeds During California Wildfires

Facebook Suspended a Latin American News Network and Gave Three Different Reasons Why

By Underground | August 20, 2018

Facebook offered a jumble of explanations for why Telesur’s English-language page was suddenly taken down and then reinstated two days later. FB first told TeleSUR that their English page (w/ 500k followers) … Continue reading Facebook Suspended a Latin American News Network and Gave Three Different Reasons Why

It’s time to put the shareholder value myth in the grave. America will be better off

By Underground | August 19, 2018

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 … 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

By Underground | August 19, 2018

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

By Underground | August 19, 2018

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

What are taxes actually for? – Claire Connelly

By Underground | August 18, 2018

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

By Underground | August 16, 2018

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

“Hothouse Earth” Co-Author: The Problem Is Neoliberal Economics

By Underground | August 15, 2018

“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

By Underground | August 14, 2018

  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

By Underground | August 12, 2018

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

By Underground | August 11, 2018

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