Economy

Are Green Sustainability and 20th Century-Style ‘Economic Growth’ Compatible? Scientists increasingly Fear Not

Ivan Savin, ESCP Business School and Lewis King, Universitat Autònoma de Barcelona | – (The Conversation) – When she took to the floor to give her State of the Union speech on 13 September, European Commission president Ursula von der Leyen largely stood by the script. Describing her vision of an economically buoyant and sustainable […]

Inequality

On Labor Day: Low-Wage Employers say they Have no Money for Raises, but spent $341 Billion on Stock Buybacks

Inequality.org

By Sarah Anderson ( Inequality.org ) – In response to strikes and union organizing drives, corporate leaders routinely insist that they simply lack the wherewithal to raise employee pay. And yet top executives seem to have little trouble finding resources for enriching themselves and wealthy shareholders. In 2021 and 2022, S&P 500 corporations spent record […]

Corruption

Clarence Thomas’ 38 Vacations: The Other Billionaires Who Have Treated the Supreme Court Justice to Luxury Travel

ProPublica

By Brett Murphy and Alex Mierjeski | – ( ProPublica) – During his three decades on the Supreme Court, Clarence Thomas has enjoyed steady access to a lifestyle most Americans can only imagine. A cadre of industry titans and ultrawealthy executives have treated him to far-flung vacations aboard their yachts, ushered him into the premium […]

Democratic Socialists of America

Progressives Unveil OLIGARCH Act to Combat ‘Existential Threat’ of Extreme Wealth Inequality

Common Dreams

By Jake Johnson | – ( Commondreams) – A group of progressive U.S. lawmakers on Wednesday proposed a wealth tax that would automatically rise during periods of surging inequality and fall once inequality moderates. The tax is at the heart of new legislation called the Oppose Limitless Inequality Growth and Reverse Community Harms (OLIGARCH) Act, […]

Corporations

The Profiteers of Armageddon: Oppenheimer and the Birth of the Nuclear-Industrial Complex

William D. Hartung

( Tomdispatch.com) – Unless you’ve been hiding under a rock for the past few months, you’re undoubtedly aware that award-winning director Christopher Nolan has released a new film about Robert Oppenheimer, known as the “father of the atomic bomb” for leading the group of scientists who created that deadly weapon as part of America’s World […]

Climate Crisis

The Big Money behind the Fight to Ban Environmentally and Socially Conscious Investing

Inequality.org

by Jessica Church ( Inequality.org ) – In a recent Gallup poll, the vast majority of Americans surveyed said they were not even “somewhat familiar” with the term “ESG.” But on Capitol Hill, Republicans have developed a fixation on the issue, holding not one but two intensely partisan hearings on the topic. “Republicans Are Losing […]

Education

For Racial Justice, End Legacy Admissions in Universities, a form of Affirmative Action for the Rich

OtherWords

By Sonali Kolhatkar | ( Otherwords ) – Who will benefit from the Supreme Court’s recent ruling striking down race as a factor in college admissions? Mostly, just wealthy white people. That’s because the ruling refused to touch so-called “legacy admissions.” Colleges are free to continue giving preferential treatment to the children of alumni, donors, […]

Climate Crisis

Game Over? Even BP and TotalEnergies are Shelling out $14.7 Bn. for Right to Build Baltic Sea Wind Farms

Clean Energy Wire

By Sören Amelang | – ( Clean Energy Wire ) – Oil majors BP and TotalEnergies pledged to pay a combined 12.6 billion euros [$14.7 bn.] for the right to build wind farms in the North and Baltic seas in the world’s largest ever offshore wind auction. Environmentalists hailed the result as a “quantum leap” […]