The attention given to racism of late has had exactly that unintended effect — relieving Americans of any obligation even to acknowledge the insidious implications of materialism and militarism. In that sense, even now, two of King’s giant triplets barely qualify for lip-service. In the political sphere, they are either ignored or, at best, treated as afterthoughts.
Globally, anywhere from $5.3 trillion—about 6.25% of the world’s Gross Domestic Product—to as much as $32 trillion has been thought to be held in offshore tax havens.
A new generation of wealth advisers helps wealthy people give away their money instead of hoarding it.
At this very moment, as my pen inks this page, the entire Western United States is scorching. Death Valley recorded a high of 140 Fahrenheit.
Remaking the Economy for the People
Every day, private jets take off from London carrying a single passenger, mostly flying to Russia and the US. Each of them is filled with 32,000 litres of fuel. That’s as much fossil energy as a small African town might use in a year.
George Monbiot: Capitalism is destroying the Earth. We need a new human right for future generations
The young people taking to the streets for the climate strike are right: their future is being stolen. The economy is an environmental pyramid scheme, dumping its liabilities on the young and the unborn. Its current growth depends on intergenerational theft.
When corporations do not pay their fair share of taxes, there is less money to invest in public services, sustainable infrastructure and social protection, which are the key drivers for … Continue reading →
The racial wealth divide gives billionaires more power over all of us. The answer? Reparations.
Supreme Court Justice Louis Brandeis warned in 1941, “We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but … Continue reading →
What took Obama so long to address our unfair tax system? And why is his plan so complicated? Barack Obama started with majorities in both the House and Senate. Six … Continue reading →
The topic of income inequality and its effects has been the subject of countless analysis stretching back generations and crossing geopolitical boundaries. Despite the tendency to speak about this issue … Continue reading →