Examining long-term wage growth of male workers, an analysis finds that job mobility can provide insights into the disparities in lifetime earnings distribution.
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Benedict shared with skeptics, postmodernists, and existentialists the suspicion of the modern trust in the benevolence of the human will.
In January 1944, Adolfo Kaminsky was up against himself. As a document forger in the French Resistance, the 18-year-old was informed by a contact that the authorities were making imminent plans to raid ten Jewish children’s homes across Paris in an attempt to accelerate the destruction of European Jewry. Anti-fascist militants active in rescue work […]
At the start of each year, the World Economic Forum—organiser of the annual Davos conference currently underway in Switzerland—releases its list of the ‘global risks’ expected to dominate over the following twelve months. This year, researchers at the WEF decided that these risks are so great, and so interwoven, that we are now entering an […]
Parlamentares que defenderam ou minimizaram terrorismo em Brasília editaram e apagaram posts para esconder apoio aos atos de 8 de janeiro.
The post Esses deputados estão fingindo nunca ter apoiado os terroristas após posts comprometedores appeared first on The Intercept.
An exclusive investigation by Sian Norris reveals the 'national disgrace' of council tenants struggling with mould
The goal of Net Zero emissions by 2050 has had a remarkable rise to the forefront of climate politics. Governments and corporations are falling over one another to commit to it. That in itself might sow some suspicion about how firm or flexible a target Net Zero is. In a recent piece with Duncan McLaren, […]
Can YOU spot the mistakes?
New activities for the culture warriors out there.
As the Online Safety Bill returns to the commons today for its delayed report stage, it appears MPs might introduce prison sentences for tech bosses that fail to censor content harmful to children. Dr Monica Horten, ORG Policy Manager for Freedom of Expression said: “The amendment proposed by some MPs fails to adequately identify what ‘content […]
Gas swan dive due to LNG glut in China?
Q & A transcript from our 4th Patreon event. Please join Michael’s Patreon group as a Patreon Plus member, so that you too can join us and ask Michael any question at our next session in March. Karl Fitzgerald (KF): To start off with our typical end-of-year topic: How have you seen this year’s economic Continue Reading
The post Systemic Sponsors of Self-Interest first appeared on Michael Hudson.
NSW Premier Dominic Perrottet has been making headlines recently over a birthday costume scandal, but it's not the first time controversy has tarnished his reputation. read now...
Recently, I have been asked a lot about why ABS Census employment estimates are different to other sources like the ABS Labour Force and NIEIR’s LGA employment estimates. In this blog, I thought i’d...
Constitutional change is possible and a proposal should be given to the Albanese Government on how our democracy can progress. read now...If this is true, he’s being unusually subtle about it: Florida Gov. Ron DeSantis hasn’t even declared whether he’ll run for president in 2024, and Donald Trump has tried to restrain himself from going after his top GOP rival, but the former president’s allies are already mounting an offensive—with South Dakota Gov. Kristi Noem now leading the charge. Noem may be interested in running for president herself, and therefore would have good reason to go after DeSantis, but she also may be angling for a different role: Trump’s vice president. Earlier this month, Noem’s press secretary, Ian Fury, took a shot at DeSantis seemingly from out of nowhere. Fury sent a follow-up email to the National Reviewfor an article ostensibly about “the transgender lobby’s outsized influence in South Dakota.” Fury went on a tirade—against DeSantis. “Governor Noem was the only Governor in America on national television defending the Dobbs decision,” Fury said, referring to the Supreme Court decision overturning federal abortion protections. “Where was Governor DeSantis?
During an appearance on LBC on Monday, Keir Starmer was asked by the presenter whether the country would be better off if Jeremy Corbyn was PM. He refused to answer: Hundreds of thousands have died needlessly since 2019 because of Tory governments. The economy is in collapse along with the NHS, other public services and […]
The new generation of Villagers take their seats at the table Here’s how the super insider Punchbowl is reporting the news today: Happy Monday morning. In honor of Martin Luther King Jr. Day, we’re only publishing the AM edition. We’ll be back to the regular schedule tomorrow. President Joe Biden’s split screen on Sunday was stark. Biden spoke at a memorial service for the late Dr. Martin Luther King Jr. in the historic Ebenezer Baptist Church in Atlanta. The high-profile speech came at the invitation of Sen. Raphael Warnock (D-Ga.), the senior pastor there. On what would’ve been MLK’s 94th birthday, and from King’s own pulpit, Biden warned that the United States is at an “inflection point,” with the future of democracy in peril. “We’re at what we would call an inflection point. One of those points in world history where what happens … in the next six or eight years is going to determine what the world looks like for the next 30 or 40 years. It happened after World War II.
The world’s richest 1% captured over two-third of all wealth created by humanity since 2020, leaving just one-third for the other 99% of the population, claims a report published by Oxfam on Monday, January 16.
The report, titled ‘Survival of the Richest,’ notes that the richest 1% of the world’s population captured over USD 26 trillion (nearly 63%) of the USD 42 trillion created since 2020, nearly twice the USD 16 trillion (37%) that went to the rest of the population.
Oxfam notes that the rate of the concentration of wealth has been faster in the first two years of the new decade than ever before. In the previous decade the super-rich had expropriated nearly 54% of the total wealth created.
"Capital accumulation."
People's Dispatch
Housewives and Downing Street by Joanna Bright (1935).
Tax Research UK
The origins of the ‘household analogy’
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Tax Research UK
The origins of the ‘household analogy’
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum