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What Biden Can Learn from Roosevelt’s ‘New Deal’

What Biden Can Learn from Roosevelt’s ‘New Deal’

What President Biden can learn from Franklin Roosevelt’s “New Deal.” Financial reform, ie: stand up to the private-equity interests that do not serve the interests of the people: Roosevelt also picked supremely competent people — the wily speculator Joseph P. Kennedy, the brainy James Landis, the fiery young William O. Douglas — … Continue reading What Biden Can Learn from Roosevelt’s ‘New Deal’

MMT the Movie: Coming to a Festival Near You

MMT the Movie: Coming to a Festival Near You

Long before Covid-19 disrupted everything, a filmmaker named Maren Poitras started following [Stephanie Kelton] around the country. She filmed [her] speaking at conferences, teaching, giving interviews, and going about daily life. She attended the Third International MMT Conference at Stony Brook University in September 2019, where she interviewed many of the world’s … Continue reading MMT the Movie: Coming to a Festival Near You

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Some claim canceling US student debt will be expensive. They’re wrong

Some claim canceling US student debt will be expensive. They’re wrong

If Joe Biden signed an executive order tomorrow, the government won’t pay out a dime – federal student loan debt is already included in the national debt Bank loans create money, canceling banks loans simply deletes the money from existence. The only thing lost is the future interest payments the banks would … Continue reading Some claim canceling US student debt will be expensive. They’re wrong

China wants to censor all social media comments | MIT Technology Review

China wants to censor all social media comments | MIT Technology Review

A draft update of rules would dramatically increase the power of China’s censorship machine, but platforms will pay the price. China wants ALL online comments to be pre-approved before being allowed. Should be a fun Internet for the Chinese moving forward! Source: China wants to censor all social media comments | MIT … Continue reading China wants to censor all social media comments | MIT Technology Review

California blames ExxonMobil for plastic pollution crisis - Los Angeles Times

California blames ExxonMobil for plastic pollution crisis – Los Angeles Times

Atty. Gen. Rob Bonta claims Exxon Mobil and other corporations have perpetuated the ‘myth’ that recycling will solve the plastics crisis. Rather than limit plastic production, the oil industry lobbied for recycling of plastic which resulted in even more plastic production. Source: California blames ExxonMobil for plastic pollution crisis – Los Angeles … Continue reading California blames ExxonMobil for plastic pollution crisis – Los Angeles Times

Opinion | Will the Ukraine War Spell the End of Globalization?

Opinion | Will the Ukraine War Spell the End of Globalization?

The seams of the global economic order were deeply frayed by the pandemic. Could this conflict cause it to unravel? Perhaps it’s time to stop letting corporations get everything they want and start thinking about the people and the jobs within your own country. Globalization contributed massively to inequality within countries, by … Continue reading Opinion | Will the Ukraine War Spell the End of Globalization?