Occupy was right: capitalism has failed the world

favicon the Guardian
11 mentions4 days ago
French economist Thomas Piketty, author of Capital in the Twenty-First Century. 'I am not political.' Photograph: Ed Alcock for the ObserverThe École d'économie de Paris (the Paris School of Economics) is actually situated in the most un-Parisian part of the city. It is on the boulevard Jourdan in ...

How the "Internet of Things" is Killing Capitalism

favicon YouTube
3 mentions3 days ago
The "Internet of things" has the potential to push large segments of economic life to near zero marginal cost in the years to come, and that will alter capitalism as we know it, says Jeremy Rifkin, author of "The Zero Marginal Cost Society". The trend toward free sharing ...

The short guide to Capital in the 21st Century

favicon Vox
7 mentions1 week ago
Thomas Piketty's Capital in the 21st Century is the most important economics book of the year, if not the decade. It's also 696 pages long, translated from French, filled with methodological asides and in-depth looks at unique data, packed with allusions to 19th century novels, and generally a ...

The Tipping Point: "How to Oust A Congressman" This Election Season

favicon Occupy.com
3 mentions1 week ago
If you can’t overthrow the government overnight — a tall order under any circumstances — you might try to unseat a Congressman burdened with an atrocious voting record on issues relating to women, veterans and children. In a new, easy-to-read e-book, Carl Gibson — an Occupy organizer, journalist ...

Are Corporations Really Hogging Workers’ Wages?

favicon Truthdig
2 mentions1 week ago
Editor’s note: Three weeks ago, at the recommendation of leading neo-Keynesian thinker Michael Hudson, I contacted Pace University economist Andrew Kliman with a question. I was preparing to write an article based on a figure published in the July 2011 issue of Mother Jones and I wanted verification ...

More Americans Go Hungry Than All But 2 European Nations

favicon Zero Hedge
4 mentions1 week ago
At least in California, the only people going hungry are either those too lazy to drag their sorry carcasses to the nearest DHS office for food stamps, cash aid, child care, Medi-Cal, Medi-Care, Section-8 housing, WIC, Foster care payments, Welfare to Work Subsidies, travel vouchers,...... or small children ...

Exxon Mobil's response to climate change is consummate arrogance

favicon the Guardian
25 mentions2 weeks ago
Monday saw the release of the latest climate report from the planet’s scientists. Predictions of famine, flood, and so on – mostly what we already knew, in even more striking language.But Monday also saw the release of another document somewhat less expected, and probably at least as important ...

Is Capitalism Working for You?

favicon Creative Time Reports
2 mentions1 week ago
Steve Lambert’s Capitalism Works for Me! (True/False) in Times Square. Photo by Jake Schlichting for @TSqArts, 2013.Or so I’ve been told by countless people across the United States when showing Capitalism Works for Me! (True/False), a 20-foot-long sign with flashing lights and a scoreboard. People passing by can ...

Why does China not have famines anymore? Capitalist and socialist reforms.

favicon Slate Magazine
2 mentions2 weeks ago
Essayist Gerald Early said that the history of the United States will one day be reduced to the Constitution, jazz, and baseball. If someone had made the same summary of Chinese history 30 years ago, the trio would likely have been the Great Wall, Maoism, and famine. Over ...

Gay Marriage Is Now Legal in England & Wales

favicon Mother Jones
3 mentions3 weeks ago
Gay Marriage Is Now Legal in England & Wales Same-sex couples can now legally marry in England and Wales. Parliament had passed the Marriage (Same-Sex Couples) Act last July, but because of various implementation deadlines, it wasn't until today that couples could actually wed. Prime minister David Cameron ...

Capitalism is making way for the age of free

favicon the Guardian
1 mentions2 weeks ago
A 3-D printer producing a canal house in the Netherlands. A legion of prosumers is producing and sharing 3D printed products at near-zero marginal cost on the collaborative commons. Photograph: Peter Dejong/APKarl Marx spent a lifetime trying to uncover what he suspected were the deep contradictions that drove ...

Has the Post-Capitalist Economy Finally Arrived?

favicon HBS Working Knowledge
2 mentions2 weeks ago
A new force is driving economies--companies such as Airbnb that have few marginal costs and even fewer employees, rendering traditional forms of capitalism unrecognizable. Is this the start of the post-capitalist economy? asks Jim Heskett. What do YOU think? When this column was inaugurated 14 years ago next ...

A Third Of Americans Have Almost Nothing Saved For Retirement

favicon thinkprogress.org
5 mentions4 weeks ago
featured | economics |
More than a third of the country’s workers have almost nothing saved for retirement, according to a new survey of workers and retirees, and most people aren’t even thinking about their nest eggs. Roughly 36 percent of working-age survey respondents said they have less than $1,000 in savings ...

What The Government Won't Tell You About The Foreclosure Fraud Settlement

favicon thinkprogress.org
3 mentions4 weeks ago
The megabanks have now completed their obligations under the 2012 National Mortgage Settlement (NMS), according to a report from the official monitor.The banks helped more than 600,000 separate homeowners — less than two-thirds of the original low-end estimate of how many people would keep their homes, but still ...

Edward Snowden: Here's how we take back the Internet

favicon TED.com
7 mentions4 weeks ago
Appearing by telepresence robot, Edward Snowden speaks at TED2014 about surveillance and Internet freedom. The right to data privacy, he suggests, is not a partisan issue, but requires a fundamental rethink of the role of the internet in our lives — and the laws that protect it. "Your ...

US tech giants knew of NSA data collection, agency's top lawyer insists

favicon the Guardian
12 mentions4 weeks ago
The senior lawyer for the National Security Agency stated on Wednesday that US technology companies were fully aware of the surveillance agency’s widespread collection of data.Rajesh De, the NSA general counsel, said all communications content and associated metadata harvested by the NSA under a 2008 surveillance law occurred ...

Occupy Tastes Rare Success in Rise of Seattle Socialist

favicon bloomberg.com
7 mentions4 weeks ago
New Seattle City Councilmember Kshama Sawant during an inauguration ceremony for city officials on Jan. 6, 2014. Close New Seattle City Councilmember Kshama Sawant during an inauguration ceremony for city officials on Jan. 6, 2014. The Tea Party feted its five-year anniversary last month with three U.S. senators ...

10 numbers that explain why income inequality is a hot topic

favicon Washington Post
8 mentions4 weeks ago
Although high-octane rhetoric on health care seems to overshadow all other political discussions in U.S. politics, income inequality and economic opportunity have crept up in speeches and policy proposals from the White House, Congress, state government, local government and academics. Here are a few reasons why.According to a ...

Lakota vow: 'dead or in prison before we allow the KXL pipeline'

favicon Waging Nonviolence
6 mentions4 weeks ago
Lakota members marched during the annual Liberation Day commemoration of the Wounded Knee massacre. (Deep Roots United Front/Victor Puertas)On February 27, Oglala Lakota and American Indian Movement activists joined in a four-directions walk to commemorate Liberation Day, an event to mark the 1890 massacre at Wounded Knee. As ...

The truth is out: money is just an IOU, and the banks are rolling in it

favicon the Guardian
3 mentions4 weeks ago
Back in the 1930s, Henry Ford is supposed to have remarked that it was a good thing that most Americans didn't know how banking really works, because if they did, "there'd be a revolution before tomorrow morning".Last week, something remarkable happened. The Bank of England let the cat ...

Animals losing migratory routes? Devasting consequences of scarcity of 'knowledgeable elders'

favicon ScienceDaily
1 mentions4 weeks ago
featured | environment |
Small changes in a population may lead to dramatic consequences, like the disappearance of the migratory route of a species. Scientists have created a model of the behavior of a group of individuals on the move (like a school of fish, a herd of sheep or a flock ...

The ‘Next Citizens United’ May Fuel a Popular Uprising

favicon The Nation
14 mentions1 month ago
inequality | politics | featured |
Demonstrators marking the second anniversary of the Supreme Court’sCitizens United v. Federal Election Commission decision, January 20, 2012. (Reuters/Shannon Stapleton)Editor’s Note: Each week we cross-post an excerpt from Katrina vanden Heuvel’s column at the WashingtonPost.com. Read the full text of Katrina’s column here.McCutcheon is the Alabama businessman suing ...

George Bush Lost an Entire Generation for the Republican Party

favicon Mother Jones
5 mentions1 month ago
featured | rightwing |
George Bush Lost an Entire Generation for the Republican Party Pew has released a new survey about the social and political attitudes of various generations, and it makes for interesting reading. The thing that strikes me the most is just how clear the trends are. Each successive generation ...

8 Reasons Young Americans Don't Fight Back: How the US Crushed Youth Resistance

favicon Films For Action
9 mentions1 month ago
society | featured |
Traditionally, young people have energized democratic movements. So it is a major coup for the ruling elite to have created societal institutions that have subdued young Americans and broken their spirit of resistance to domination.Young Americans—even more so than older Americans—appear to have acquiesced to the idea that ...

Why is there no Manhattan Project to tackle climate change?

favicon the Guardian
8 mentions1 month ago
climate | featured |
Here’s a thought. If necessity is the motherhood of invention how come we are so far away from the wholesale deployment of low carbon energy technologies that can redeem humanity from the worst impacts of climate change? With carbon dioxide concentrations in the atmosphere rising steeply since the ...

Julian Assange tells SXSW audience: ‘NSA has grown to be a rogue agency’

favicon theguardian.com
4 mentions1 month ago
featured | surveillance |
The Wikileaks founder Julian Assange on Saturday told an audience in Texas that people power is the key to rolling back the power of the National Security Agency and other surveillance agencies.“We have to do something about it. All of us have to do something about it,” he ...

Obama knew CIA secretly monitored intelligence committee, senator claims

favicon The Guardian
10 mentions1 month ago
A leading US senator has said that President Obama knew of an “unprecedented action” taken by the CIA against the Senate intelligence committee, which has apparently prompted an inspector general’s inquiry at Langley.The subtle reference in a Tuesday letter from Senator Mark Udall to Obama, seeking to enlist ...

USDA to Allow Chickens From U.S. to Be Shipped to China for Processing and Back to U.S. for Consumption, Just Like Seafood

favicon ecowatch.com
5 mentions1 month ago
Scores of Americans are in an uproar since Food Safety News revealed the U.S. Department of Agriculture (USDA) will soon allow U.S. chickens to be sent to China for processing before being shipped back to the states for human consumption.This arrangement is especially disturbing given China’s subpar food ...

Birth justice and abortion access come together in one awesome clinic

favicon feministing.com
2 mentions1 month ago
Just over this past Valentine’s day, a birthing center opened in Buffalo, NY. It is the first ever birthing center in the country to also be an abortion clinic. This is super cool because the birth community is really pretty separate from the abortion access advocacy community. Though ...

Fracking is the death spasm of a defunct economic order

favicon The Ecologist
2 mentions1 month ago
It's only by changing the economic process itself, to adapt to the ecological limits acting upon the human system, that we can tackle the inter-related issues of resource depletion, climate change and ecological degradation.For eight months I've been travelling around England and Wales talking about 'unconventional gas' - ...

When Regulation Threatens, Bankers Predict Doom For Main Street

favicon ProPublica
2 mentions1 month ago
Well, after the Volcker Rule was finalized, some banks suddenly realized that they might have to sell some obscure holdings to conform to the rule — bundles of investments in banks, called trust-preferred securities, or TruPs. The American Bankers Association reacted immediately, warning that the nation’s community banks ...

A Brief History Of The Republican Alternative To Obamacare: Your Sunday Morning Conversation

favicon huffingtonpost.com
3 mentions2 months ago
How to explain the history of the "Republican alternative to Obamacare?" It seems to reside in a realm where time elongates and reality warps. I cannot remember a time in which Republicans weren't fervently offering an "Obamacare alternative." Simultaneously, I cannot remember a time in which Republicans weren't ...

America’s 25 Most Awkward Allies

favicon POLITICO Magazine
2 mentions2 months ago
Last December, National Security Adviser Susan Rice offered a remarkably candid insight into Barack Obama’s foreign policy. “Let’s be honest,” she said, “at times … we do business with governments that do not respect the rights we hold most dear.”American presidents have long wrestled with this dilemma. During ...


favicon Joe Biden Profile
14 mentions2 months ago
“The only thing I know is I ain’t changing my brand. I know what I believe. I’m confident in what I know. And I’m gonna say it. And if folks like it, wonderful. If they don’t like it, I understand.”Vice President Joe Biden and I were riding the ...

US economy remains even more sluggish than we thought

favicon Mother Jones
2 mentions2 months ago
The U.S. economy grew at a 2.4 percent annual rate last quarter, sharply less than first thought, in part because consumers didn’t spend as much as initially estimated....The Commerce Department on Friday reduced its estimate of economic growth in the October-December quarter from an initial 3.2 percent annual rate.....A key reason for the downgrade was that consumer spending is now estimated to have expanded at a 2.6 percent annual rate, below the initial estimate

Bigger Font, Smaller Americans?

favicon Mother Jones
2 mentions2 months ago
On Thursday, the Food and Drug Administration and first lady Michelle Obama unveiled proposed changes to the classic black-and-white nutrition label, which had gone 20 years without a major update. The proposed requirements make labels less confusing to consumers, while drawing attention to serving size and calories—a move ...

Math: Your Secret Weapon Against Wall Street and the NSA

favicon Mother Jones
3 mentions2 months ago
As Edward Frenkel sees it, the way we teach math in schools today is about as exciting as watching paint dry. So it's not surprising that when he brings up the fact that he's a mathematician at dinner parties, eyes quickly glaze over. "Most people, unfortunately, have a ...

This Common Bacteria May Be About To Morph Into A Drug-Resistant Superbug

favicon ThinkProgress
3 mentions2 months ago
Doctors are warning that a common bacteria that’s often found in the human intestinal tract may be losing its resistance to the last-resort antibiotic available to treat it. In a new report published in the New England Journal of Medicine, medical professionals explain that they’ve encountered two patients ...

Bitcoin: By The Privileged, For The Privileged

favicon ThinkProgress
8 mentions2 months ago
A protester stands outside of Mt Gox headquarters in Tokyo after the Bitcoin banking site’s collapse.Every once in a while — most recently with the collapse of online exchange site Mt Gox — the world starts paying attention to Bitcoin, the hacker-project-cum-digital-currency that has garnered the love of ...

Ukraine warns Russia after gunmen seize Crimea parliament

favicon Reuters
1 mentions2 months ago
SIMFEROPOL, Ukraine (Reuters) - Armed men seized the parliament in Ukraine's Crimea region on Thursday and raised the Russian flag, alarming Kiev's new rulers, who urged Moscow not to abuse its navy base rights on the peninsula by moving troops around.Crimea, the only Ukrainian region with an ethnic Russian majority, is the last big bastion of opposition to the new leadership in Kiev since President Viktor Yanukovich was ousted at the weekend and provides a base for Russia's Black Sea fleet."I am appealing to the military leadership of the Russian ...

Cop To Man Filming Him: You Don’t Have Freedom of Speech

favicon ThinkProgress
6 mentions2 months ago
A dispute between Baltimore County police officers and a man that filmed them arresting two people in Towson, Maryland, is raising questions about civilians’ rights to videotape cops. Officers became combative when the bystander refused to put away his camera. One told the man to “get it out ...

Three Things Conservatives Wrote This Week That Are Really Good

favicon ThinkProgress
2 mentions2 months ago
Welcome to TP Ideas‘ third installment of our roundup of the week’s conservative writing! Every Friday, I look at three pieces written by right-of-center folk that intelligently articulate core parts of the conservative worldview and break down why it’s worth the left’s time to pay attention. The goal ...

Senate GOP Blocks Vets' Benefits Bill Over Diplomacy-Killing Iran Sanctions

favicon ThinkProgress
9 mentions2 months ago
Senate Republicans on Thursday blocked a bill that sought to provide veterans with greater access to health care and education over an amendment aimed at increasing sanctions on Iran. Republicans have been trying to get a vote on an Iran sanctions measure, which has stalled after experts and ...

Brazil Relocates More Than 15,000 Families Ahead Of World Cup

favicon ThinkProgress
2 mentions2 months ago
Streets through the Favela do Metrô, outside the Estadio do Maracanã in Rio, are lined with trash after residents were evicted in part to make way for World Cup and Olympic infrastructure. Is the mass relocation of Brazilian families out of slums in cities like Rio de Janeiro ...

In Just 100 Days, DC Finds Homes For More Than 200 Homeless Veterans

favicon ThinkProgress
3 mentions2 months ago
Last year, a one-night census of Washington D.C.’s homeless population found 499 veterans living on the streets, with nearly twice as many at risk for homelessness and in need of emergency housing assistance. Though the numbers have been declining over the past few years, the pace has not ...

Montana Senate Candidate Bucks The Trend, Declares ‘Coal Is Dead’

favicon ThinkProgress
6 mentions2 months ago
Dirk Adams, a former educator, banker and current rancher, is a Democrat running for the Montana Senate seat long held by Democrat Max Baucus, but he’s not looking to follow in Baucus’ footsteps. During his nearly 36 years in the U.S. Senate, Baucus earned a reputation as something ...

next page