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Created
Fri, 05/08/2022 - 20:46
Bereavement is bad enough, without a predatory phone company refusing to cancel a dead person’s account. By George Monbiot, published in the Guardian 28th July 2022 It’s sometimes called “sadmin”: tying up the affairs of someone who has passed away. There’s a lot to do, though some aspects have become easier – you can notify […]
Created
Thu, 04/08/2022 - 03:09
What Do We Owe Afghanistan? Nathan J. Robinson & Noam Chomsky August 3, 2022. Current Affairs. “The oppressed people of afghanistan will know the generosity of america and our allies.” — George W. Bush, Oct. 7, 2001  The 9/11 attacks could have been dealt with as a crime. This would have been sane and consistent with precedent. […]
Created
Wed, 03/08/2022 - 01:19
Jul 19, 2022 ROBERT SKIDELSKY Although words like “unprincipled,” “amoral,” and “serial liar” seem to describe the outgoing British prime minister accurately, they accurately describe more successful political leaders as well. To explain Johnson’s fall, we need to consider two factors specific to our times. LONDON – Nearly all political careers end in failure, but Boris … Continue reading Boris Johnson’s Fall – and Ours
Created
Tue, 02/08/2022 - 02:39
Real Estate Investment Trusts (REITs) are considered “passive” investors and are exempt from corporate tax. But in reality, they play a very active role in reshaping whole industries, like healthcare.

Real Estate Investment Trusts (REITs) are important financial actors that control over $3.5 trillion in gross assets and over 500,000 properties in the U.S. Yet they have been largely ignored because tax rules define them as ‘passive investors.’ They exist as tax “pass through” entities and pay no corporate taxes if they invest at least 75 percent of their assets in real estate, derive 75 percent of their gross income from real property, and pay out at least 90 percent of taxable income (excluding capital gains) as shareholder dividends each year.

Created
Sat, 30/07/2022 - 14:30
It is not socialism that explains capitalism, argues Max Weber, it is rather capitalism that explains socialism. And as long as capitalism exists, socialist aspirations will persist: “What characterises our current situation is firstly the fact that the private sector of the economy in conjunction with private bureaucratic organisation and hence with the separation of the worker […]
Created
Fri, 29/07/2022 - 09:26

As in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. control over their trade and investment policy. Naming China as Continue Reading

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