How has the jewel of Democracy, the envy of most every other country in the world arrived at the point it is today? Income inequality has never been as prevalent as it is now, and certainly not what our founding fathers envisioned 240 plus years ago. From the late 1940's through the late 1990's the middle class were the backbone of a truly successful democracy but more recently they have
It's safe to say the passing of the 1.4 trillion dollar stimulus package was a positive step for the left-wing Progressive community in the United States when it was slipped through the US Senate in March. Statistics showed at the time it potentially could've been the most important piece of legislation designed to improve the lives of a the lower middle class since the New Deal domestic programs by Franklin
It was a quarter passed 9 am, my wife and I had just exited the PATH train from our home in downtown Jersey City, to Penn Station in Newark, NJ. Upon exiting the West end of the transit hub I bared witness to a fifty yard line of dusty blankets, shopping carts, sleeping bags, the occasional tent and lastly the wrinkled faces glazed with sweating in the extreme July heat.
PART 2 OF A 2-PART REPORT ON THE SHAMBLES OF 21ST CENTURY GLOBAL ECONOMICS, WITH THIS ONE FOCUSING ON THE GLOBAL NORTH, (THE NEW NAME FOR THE DEVELOPED WORLD). THE 1st PART IS HERE, AT THE GLOBAL SOUTH Introduction It seems that Capitalism only works well when it works equally for everyone, which is hardly ever. While Socialism has existed in the past and gradually brought improvements over time, only the
Introduction Economists love labelling things and the world is no exception. We used to have the 1st World/3rd World or Developed world, and Under-developed world but now it’s more trendy to call them the Global North (RICH) and the Global South (POOR) Think Africa, India, S. America some parts of Asia We are told that poverty and hunger are everyday life in the Global South while we never had it so
I came across this story by accident and while checking it out found very few people alive in the US today who know anything about it. I assume that even fewer people outside of the US ever knew about it in the first place. It also serves my purpose while writing a series on the “Stepping Stones” which tries to explain How, When and Why the Anti-Democracy movement was created
Throughout its history the UK Labour party has been sold to us as a “Broad Church”, which is defined as “a group or doctrine which allows for, and caters to, a wide range of opinions and people” which apparently originated from a description of the Anglican church “favouring a liberal interpretation or doctrine”. I have always had a problem with this loose terminology, and while it may be OK in
And the winner of Cunt of the Month for September 2020 goes to probably the most powerful and odious person on the planet. The Chairman of the Board for the Council on Foreign Relations, David M Rubenstein. Not content with his Billions in the bank and the power to destroy civilisations (quite literally), this month his work with The Carlyle Group (which he owns of course), who own a number
1: Chaos Have you ever wondered what it would feel like to be immersed in a perfect storm? Nothing would be predictable from one moment to the next – except for your probable eventual destruction. Chaos all around you… Noise and confusion buffeting you from every side. Solid ground? Even its memory would begin to recede. As a species and a civilisation, that’s where we are now. Our beautiful planet
It has now been a week since Brexit. A week for sovereignty to be regained, a week to send out the 50p’s, and a week for the United Kingdom to remain afloat. From Boris Johnson’s majority government, to estimating what the future holds. Alternatively, the past week has meant that the media’s concentration on Brexit has allowed the ever growing inequality within the United Kingdom to be overlooked once again.