Many of thousands of charts floating around illuminate some aspect of the economy, but these four tell the primary story: The net result of these dynamics is the rich got much, much richer, and wage earners became debt-serfs paying interest to the wealthy owners of their debts. So the wealthy tapped the expanding pool of Read more

The American Federation of State, County and Municipal Employees (AFSCME) District Council 33 is the largest city union and is composed of the most exploited public workers. Sanitation, airport maintenance and other workers withholding their labor created a public health crisis in Philadelphia. Garbage remained piled up for more than a week while other tasks Read more

With the UK economy facing fresh trade threats and public spending under strain, households may feel the impact as market jitters persist, and interest payments rise. Chancellor Reeves has been criticised by her rival Sir Mel Stride MP, who accused her of “economic mismanagement” and warned that “families will pay the price”. The Shadow Chancellor Read more

Alison Bevege details how the housing crisis in Australia has been deliberately created using mass immigration. As housing becomes unaffordable for native Australians, large corporations swoop in to “save the day” by constructing build-to-rent tower blocks. In the vein of WEF’s “you will own nothing,” build-to-rent homes create permanent renters. “They want private property ownership Read more

The majority of sub-Saharan African countries, which for ten years until the beginning of the 2020s,were able to sell their securities in the financial securities markets sovereigns, they cannot do it now. And this has happened since the central banks of the Northern countries decided to sharply raise interest rates. Let us remember that without Read more

In 2014, political scientists Martin Gilens and Benjamin I. Page, emeritus professor of politics at UCLA and professor of decision-making at Northwestern University, respectively, analysed nearly 1,800 policy decisions made by the US government. They assessed the influence of various groups and individuals on policymakers in the US. Their objective was to understand: “Who governs? Read more

State power leverages private wealth, which is the systemic source of soaring inequality: $5 million spent on lobbying and campaign contributions can generate $100 million in private gains. Since few have $5 million to invest in influencing the state to serve private interests, the super-wealthy become wealthier. The state has no mechanism for recognizing that Read more

Richard C. Cook is a retired U.S. federal analyst with extensive experience across various government agencies, including the U.S. Civil Service Commission, FDA, the Carter White House, NASA, and the U.S. Treasury. He discovered the ideas of British engineer C.H. Douglas who explained the chronic gap in developed economies between GDP and national income, which Read more

It’s a highly profitable situation for investment firms like BlackRock, Vanguard, State Street, Fidelity and Capital Group and the food conglomerates they invest in. But BlackRock and others are not just heavily invested in the food industry. They also profit from illnesses and diseases resulting from the food system by having stakes in the pharmaceuticals Read more

My most acute observation living in Cambodia for almost three years was that health care costs keep the impoverished in a crippled state, and the wealthy class in power. It is common for families to sell all of their assets, remove children from school into the workforce prematurely, and take better paying work in remote Read more