Colin Rogero and Emily Miller react to the FBI’s investigation into the disclosure of the personal income and tax data of some of the wealthiest Americans. Maybe the takeaway lesson should be: income tax is an utter failure and we should do away with it entirely.
“The worker who votes the Republican or Democratic ticket does worse than throw his vote away. He is a deserter of his class and his own worst enemy.” Eugene V. Debs
The internet doesn’t naturally create these monopolies. These corporations bought their place on the market by cutting losses every year for well over a decade until they just outpaid and outresourced everybody else. Big money behind them, is why they got so big. Not because that organically happens […]
If you don’t understand that billionaires own our government, you’re not paying attention.
Glenn Greenwald wrote a white paper in 2009 about decriminalization of all drugs in Portugal. They stopped a heroin epidemic.
by Don Fitz and the Green Party of St. Louis People the world over are opposing fossil fuel extraction in an incalculable number of ways. It is now clear that burning fossil fuels threatens millions of Life forms and could be laying the foundation for the extermination of […]
Ryan Grim and Emily Jashinsky react to new statistics on millennials’ financial futures.
Founder of The Daily Poster, David Sirota, discusses private equity firms that are buying up suburban neighborhoods across the country.
Good luck with that one. Team Rising reacts to reports that American Airlines is asking employees to work for free.
Ryan Grim and Emily Jashinsky discuss the shift in political ideology of millennials and Gen-Z.
Sound Money Defense League Washington, DC (June 10, 2021) – As foreign governments reportedly accumulate gold and de-dollarize their sovereign wealth funds, a Republican congressman is asking tough questions of the U.S. Treasury about its secretive gold activities. Representative Alex Mooney (R-WV) – sponsor of the Gold Reserve Transparency […]
Whatever one thinks of her choice of terminology, the phenomenon she is pointing out is real.
What they say about Virginia is absolutely correct. We’re moving toward the social policies of California with the economic policies of Alabama.
If this surprises you, you just aren’t paying attention. Taxes now go to billionaires, not from them.
Art Laffer: The man whose economic philosophy has destroyed the US economy for the last 40 years.
Team Rising discusses the latest inflation numbers.
Arthur Laffer was also the shithead whose crackpot economic theories contributed to the massive national debt the US has at present. Ryan Grim and Emily Jashinsky react to Art Laffer’s comments on raising the minimum wage.
By Matt Taibbi The much-publicized war over “meme stocks” drags a longstanding Wall Street ripoff out of the shadows, to hilarious results. On CNBC’s Fast Money last week, anchor Melissa Lee appeared to mention the unmentionable. She was talking with Tim Seymour, CEO of Seymour Asset Management, who […]
A four-square-metre box with a screen and computer. This is what Japanese cyber-cafes offer, around the clock. Most customers just spend an hour or two here. But there are thousands who spend their lives in them.
As Leona Helmsley famously observed, taxes are only for the little people. By Jesse Eisinger, Jeff Ernsthausen and Paul Kiel, Pro Publica ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared […]
By Dan Robitzski, Futurism Next time you hit up a McDonald’s drive-thru, you might find yourself leaning out your window to bark your order to a robot rather than a pimply teenager. The fast food giant has been testing out a Siri-like voice-recognition system at ten drive-thru locations in Chicago, […]
Neoliberalism is why we’ve become so unequal over the course of this party system. As a result, the US is more divided politically than most of us can remember. I’m a cultural historian, as in I study the cultural significance of historical events, so it pains me to […]
by Joe Parkin Daniels, The Guardian Fifty-eight people have died in six weeks of unrest, but demonstrators say they are more determined than ever to fight for change. Protests in Colombia that began in late April over a proposed tax hike have morphed into a generational outcry over […]
by Ariela Ruiz Caro, Counterpunch The May 15th and 16th elections in Chile, which encompassed concurrently the vote for the 155 delegates to the Constituent Assembly as well as the vote for municipal officials and regional governors, has exposed the dismal failure of the government and rightwing parties […]
A decent number of independent craft breweries are partially or fully owned by an ESOP so this makes sense.
An Objectivist vs. Vaush. This is WWE-level stuff here. 0:00 Intro 1:12 Vaush’s Opening Statement 3:15 Yaron’s Opening Statement 7:04 Vaush’s Rebuttal 9:17 Yaron’s Rebuttal 13:29 “An Angry Screed Against Wealth Redistribution” 16:18 Do Wages Have To Perfectly Track Onto Productivity? 18:48 “Don’t Just Go Along With The […]
Here’s hoping for another Challenger episode.
A general strike is a form of pan-secessionism.
Class politics doesn’t happen in societies that are fragmented into warring tribes.
Half of Americans under forty say they would “prefer living in a socialist country.” A self-described “Democratic socialist” surged to an early lead in the 2020 Democratic presidential primaries . . . . . . after winning more 2016 primary votes from under-thirty voters than the eventual Democratic and Republican nominees […]
I always figured Bitcoin would go in this direction. Bitcoin is way overrated. Ryan Grim and Emily Jashinsky discuss the long-term impacts of the Colonial Pipeline hack.
The commies at Jacobin mag share Big Capital’s disdain for small business. Incidentally, I’ve seen this article criticized by “small is beautiful” leftists who were also zealous proponents of the covid shutdowns. By Matt Bruenig, Jacobin The power of big business needs to be confronted. But the solution […]
And that’s what “Big Capital” wants as a means of eliminating on-the-ground competition, the same way classical capitalists wanted the elimination of independent artisans and craftsmen. By Tyler Durden, Zero Hedge As small businesses complain that it has never been harder for them to hire workers according to […]
Brahmin Left versus Merchant Right: Changing Political Cleavages in 21 Western Democracies, 1948-2020
This is well worth checking out. This is one of the best descriptions of the condition of Western politics that I have seen to date. Present political conflict is not about class (or race or gender), although such conflicts exist in a way that is subordinated to the […]
Emily Jashinsky explains how identity politics can be used as a band-aid for deeper societal issues.
These would seem to be more issues of poverty than race per see, although poverty and race are obviously issues that overlap. By Andis Robeznieks, American Medical Association The country’s pervasive health inequities were evidenced by a tragic tally of 74,402 excess deaths, on average, among Black people […]
Futurism Cobalt mining is having a disastrous impact on the Democratic Republic of the Congo. As the demand for gadgets and electric cars grows, so too are the mining operations that dig up cobalt to use in lithium-ion batteries. And that’s become a serious problem for the Democratic […]
By Tom Ozimek ,Epoch Times Wyoming Gov. Mark Gordon on June 2 announced that a next-generation nuclear power plant will be built at a soon-to-be-retired coal-fired plant in Wyoming in the next several years, with the project a joint initiative between Bill Gates’s TerraPower and PacifiCorp, owned by Warren […]
Ryan and Emily break down the latest jobs report numbers.
Team Rising reacts to the increase in rental rates throughout the past year.
Team Rising reacts to a new Census Bureau analysis after the two latest rounds of stimulus checks.
Yes, the threshold of subsistence is the real issue with poverty in the US. Ryan Grim discusses overdraft fees and who they disproportionately affect.
By Michael Lind, Tablet The great civil rights leaders of the 1960s were right to champion universal, inclusive social programs. Americans on the left, right, and center agree that America has too much inequality. They just can’t agree on what kind of inequality to complain about. Unable to […]
J. P. Cortez, Sound Defense Money Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens. House Bill 353, introduced by Rep. Bud Hulsey, […]
By Oliver Bateman, The American Conservative Vince McMahon’s wrestlers are trademarked IP subject to extraordinary levels of control. John Cena recently made waves after apologizing to the People’s Republic of China for calling Taiwan a “country” during an interview with a Taiwanese broadcaster. Cena’s apology, delivered in Mandarin […]
I advise the paleo-populists to jettison the capitalist class and conservative “big media.” By Keith Preston, Chronicles Broad swaths of conservative opinion today would have it that the enemy of the right is some variant of Marxism. But this does not accurately describe people like Facebook’s Mark Zuckerberg, […]
The Real News’ senior reporter, Jaisal Noor, shares his reporting on worker cooperatives.
By Victor Tangermann, Futurism Amazon is being roasted for sharing a video of its “AmaZen,” a phonebooth-sized box where employees can go to “focus on their mental wellbeing.” In other words, one of the largest companies in the world is offering its overworked employees a, well, box to […]
By Sharon Zhang, Truthout Last month, the National Aeronautics and Space Administration (NASA) chose Elon Musk’s space exploration company SpaceX for a $2.9 billion contract to help develop the agency’s moon landing project, Artemis. Now, Congress is debating an amendment to a science and research funding bill that […]