The American Sociological Association solutes an eminent scholar and groundbreaking economic sociologist Viviana Zelizer with the W.E.B. Du Bois Career of Distinguished Scholarship Award, its highest honor, and the Distinguished Career Award for the Practice of Sociology, its second major honor. Presenting Professor Zelizer with the Association’s two most prestigious awards at the same year […]
money
by Daniel Wortel-London
Inequality threatens people and planet alike. Billions struggle to make ends meet while a tiny minority grows fabulously wealthy. At the same time, the conspicuous consumption of the wealthy and the waste they generate takes an enormous environmental toll. The intertwining of social and environmental damage suggests that standard fixes for inequality are inadequate.
Herman Daly thought that waste from the wealthy could not be ended through redistributive taxation alone.
The post Limits to Wealth = Limits to Growth appeared first on Center for the Advancement of the Steady State Economy.
By Ellen Brown / Original to ScheerPost On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically […]
The post Ellen Brown: The Looming Quadrillion Dollar Derivatives Tsunami appeared first on scheerpost.com.
The Truth About Corporate Subsidies
Why won’t big American corporations do what’s right for America unless the government practically bribes them?
And why is the government so reluctant to regulate them?
Prior to the 1980’s, the U.S. government demanded that corporations act in the public interest.
For example, the Clean Air Act of 1970 stopped companies from polluting our air by regulating them.
This is excellent work from Tortoise Media (for, as they say, slow news)… It is worth listening to the short introduction below – then the link to the database itself is here: A real democratic service which makes for interesting reading – even when you discover that your own MP, like mine, hasn’t really received... Read more
I had not seen this informative video before – nine and a half minutes of background on how we got here. It is remarkable how the Tories have successfully remodelled the NHS on principles quite different from those at its its foundation – and just as remarkably how Labour has failed both to see the... Read more
The Truth Behind “Self-Made” Billionaires
Why do we glorify “self-made” billionaires?
Well, being “self-made” is a seductive idea —it suggests that anybody can get to the top if they’re willing to work hard enough. It’s what the American Dream is all about.
If Kylie Jenner can become a “self-made” billionaire at age 21, so can you and I!
Even as wages stay stagnant and wealth inequality grows, it’s a comfort to think that we’re all simply one cosmetics company and some elbow grease away from fortune.
I was rather intrigued by the understanding of The Western Traffic Commissioner’s decision not to fine Stagecoach South West for their utter incompetence in running a bus service. He says (and I’m quoting directly): Without having made a decision, I remarked to the operator that this appeared not to be a case where a formal... Read more
Is riddled with the inconsistency that is the hallmark of this so-called government. We have train fares going up by ‘only’ 5.9% in March – less than the the usual ‘in line with inflation’ increase because actual inflation would dictate a rise of double that. So we have rail workers offered a 4% pay increase... Read more