How Bronze Age Rulers Simply Canceled Debts

Clean Slate proclamations were part of the community’s self-preservation. by Michael Hudson Evonomics Dec 3, 2018 Adapted from …and Forgive Them Their Debts: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year. Islet. November 15, 2018.  There has been an explosion of discussion about whether to cancel student debts. Critics of the idea point out … Continue reading How Bronze Age Rulers Simply Canceled Debts

France isn’t Falling… It is Rising!

by Bree Hood Gihon Journal Dec 9, 2018 The general feeling expressed about the mass revolt currently taking place in France is the country is falling. But that assumes France is composed of just its government and not composed of its people. If it is the people of France revolting against their neoliberal government, is the … Continue reading France isn’t Falling… It is Rising!

The Truth About Privatization

  by Robert Reich Dec 12, 2018 Privatization. Privatization. Privatization. It’s all you hear from Republicans. But what does it actually mean? Generations ago, America built an entire national highway system, along with the largest and best public colleges and universities in the world. Also public schools and national parks, majestic bridges, dams that generated electricity … Continue reading The Truth About Privatization

The Indiscreet Charm of the Gilets Jaunes

by CJ Hopkins Consent Factory Dec 13, 2018 So it appears the privatization of France isn’t going quite as smoothly as planned. As I assume you are aware, for over a month now, the gilets jaunes (or “yellow vests”), a multiplicitous, leaderless, extremely pissed off, confederation of working class persons, have been conducting a series … Continue reading The Indiscreet Charm of the Gilets Jaunes

A World That Is the Property of the 1%

by Nomi Prins TomDispatch Dec 13, 2018 This year, I simply couldn’t get one fact out of my head: according to a 2017 report from the Institute for Policy Studies, three billionaires -- Jeff Bezos, Warren Buffet, and Bill Gates -- have amassed as much wealth as the bottom half of American society. That’s 160 … Continue reading A World That Is the Property of the 1%

Who’s More Likely to Be Audited by the IRS: A Person Making $20,000 — or $400,000?

Gutting the IRS Who Wins When a Crucial Agency Is Defunded? If you claim the earned income tax credit, whose average recipient makes less than $20,000 a year, you’re more likely to face IRS scrutiny than someone making twenty times as much. How a benefit for the working poor was turned against them. by Paul … Continue reading Who’s More Likely to Be Audited by the IRS: A Person Making $20,000 — or $400,000?

FUKUS Neoliberals Caused Paris to Burn

I don’t understand why any progressive is cheering French protesters who are amassing against a carbon tax. — Neera Tanden (@neeratanden) December 8, 2018 Why are the sane people cheering as the  Yellow Vests are burning down the house over a fuel tax? What about global warming? Isn’t this hypocrisy? Oh my! by O Society … Continue reading FUKUS Neoliberals Caused Paris to Burn