The downside of doing good with a market mindset

  by David Campbell Conversation Jan 10, 2019 Billionaires made some eye-popping donations in 2018. Amazon founder Jeff Bezos announced plans to spend US$2 billion to help the homeless and create a network of free preschools. Media mogul and former New York City Mayor Michael Bloomberg pledged $1.8 billion to Johns Hopkins University, his alma mater. … Continue reading The downside of doing good with a market mindset

What Is a Marginal Tax Rate? The Rich Are Misleading You

  Most people don’t understand how tax rates work, and the wealthy exploit this lack of knowledge. by Kevin Mathews Care2 Jan 8, 2019 When new Congressional phenom Alexandria Ocasio-Cortez recently floated a 70 percent marginal tax rate to help pay for the Green New Deal, the panicked response from Americans exposed an important truth: most people don’t … Continue reading What Is a Marginal Tax Rate? The Rich Are Misleading You

Progressive Ideas Matter to Voters. So Why Do Democrats Fixate on the Identity of the Messenger?

  by Briahna Gray Intercept Jan 7, 2019 JUST BEFORE THE new year, Steve Phillips, senior fellow at liberal think tank Center for American Progress, filed paperwork to launch a Super PAC to support New Jersey Sen. Cory Booker’s anticipated 2020 run. The announcement raises a number of red flags, including about the choice to rely on … Continue reading Progressive Ideas Matter to Voters. So Why Do Democrats Fixate on the Identity of the Messenger?

A Moral Tale of Economics

Twilight of the Money Gods: Economics as a Religion and How it all Went Wrong by John Rapley Aeon Jan 9, 2018 Think of human development as a long journey. At the beginning, we live at the mercy of nature. Dependent on its bounty, we pray for rains and freedom from natural disasters and plagues. At the … Continue reading A Moral Tale of Economics

How neoliberalism’s obsession with markets destroyed the heart and soul of key jobs

From medicine to education, market imperatives rule public life: how neoliberalism undermined our professions. by Lisa Herzog Aeon Jan 11, 2019 The young doctor was desperate. ‘I need to talk to my patients,’ she said, ‘and give them time to ask questions. Some of them are foreign-born and struggle with the language, and all of them are … Continue reading How neoliberalism’s obsession with markets destroyed the heart and soul of key jobs

5 Things You Learn About Filthy Rich People Working at a Fancy Hotel

by Taylor Crane Cracked The rich and the famous live lives of unthinkable luxury in their gated homes far away from us commoners. But if you want to peer into their bizarre lives without the help of a telephoto lens, all you need to do is get a job at a fancy hotel. Cracked sat … Continue reading 5 Things You Learn About Filthy Rich People Working at a Fancy Hotel

Neoliberalism: Free Market Fundamentalism or Corporate Power?

  by Richard Moser Be Freedom  Jan 10, 2019 I’ve been hearing about neoliberalism for a long time now and never could make much sense of it. It turns out the story we tell about neoliberalism is as contradictory as neoliberalism itself. Two currents within the critique of neoliberalism offer different analyses of the current … Continue reading Neoliberalism: Free Market Fundamentalism or Corporate Power?