IMF Chief Warns of Financial Disaster Driven by Inequality
Kate Zeller | indybay.org | 2020-01-20
IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.
The world's richest 22 men have more money than 325 million women in Africa
The Canary | thecanary.co | 2020-01-20
The 22 richest men in the world have more wealth than 325 million women in Africa, a report by Oxfam has found. | The Time to Care report says that the gap between the rich and poor is worsened by the global economy's failure to reward women who provide care for children and the elderly, for little or no pay. | It comes as Boris Johnson hosts the UK-Africa Investment Summit in London on 20 January, which will bring together 21 African countries with UK and African companies. | The report was also published ahead of the World Economic Forum on 22 January, when some of the world's wealthiest and influential people…
MLK and the Ghost of an Untrue Dream
Ipek S. Burnett | counterpunch.org | 2020-01-20
King's dream of economic justice and equality required America's power structures to change. It required America to take a critical look at the unbridled capitalist system that gave way to perpetual injustice. It required a radical and deep reconstruction of both politics and society, where the tangled roots of racism, poverty, militarism, and materialism would be exposed and eliminated.
2,000 World's Richest Hold More Wealth Than 4.6B Poorest: Oxfam
telesurenglish.net | 2020-01-19
The world's billionaires, representing 2,153 people, had more money than the poorest 4.6 billion combined in 2019, a report conducted by Oxfam revealed Monday. | RELATED: | As Drivers Sleep in Cars, Uber Co-Founder Buys a $72.5M Mansion | The charity noted in its study titled "Time to Care" and released ahead of the annual World Economic Forum of political and business leaders in Davos, Switzerland, that "this great divide is based on a flawed and sexist economic system that va…
Rich in US and UK live nearly ten more healthy years than the poor
wsws.org | 2020-01-18
Wealthy men and women generally have eight to nine more years of "disability free" life after age 50 than the poorest American and English adults.
Charter Schools Have No Valid Claim to Public Property
Shawgi Tell | dissidentvoice.org | 2020-01-18
Public facilities and infrastructure are produced by the working class and people and belong to the public. They exist in order to serve the common good and to contribute to the extended reproduction of society. This collectively-produced wealth must not be handed over to competing owners of capital who are only concerned with maximizing profit …
A new Honduran migrant caravan leaves for the US
Peoples Dispatch | peoplesdispatch.org | 2020-01-18
Thousands of Hondurans, every year, set off for the US on a perilous journey in order to escape violence, poverty and lack of opportunities and in search of better livelihoods…
More Tory nonsense, this time over period poverty
Steve Topple | thecanary.co | 2020-01-18
The Tory's latest grand pledge about poverty has not washed with many people. Rightly so, as its new measures to tackle period poverty fall way short of the mark. Moreover, it's really just sticking plasters on broken legs. | Another day, more lip service?: | As ITV News reported, next week the Department for Education (DfE) will roll out free sanitary product…
MLK's final campaign lives on: The war against racism and poverty
Jessicah Pierre | peoplesworld.org | 2020-01-17
As we celebrate the legacy of Martin Luther King, Jr., it's natural to remember his courageous advocacy for racial equity. But before he was assassinated, King had also begun to broaden his efforts to unify the movement around economic justice. That's worth remembering today. In December 1967, King, the Southern Christian Leadership Conference, and other …
Poverty Is the New Draft
CP Editor | counterpunch.org | 2020-01-17
IMF Head Gives 'Stark Message' of Looming Inequality-Fueled Global Financial Disaster
Andrea Germanos, staff writer | commondreams.org | 2020-01-17
Further fueling the potential threat are "climate-related shocks." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/imf-chief-stark-warning-inequality.jpg …
We Can't Be Silent Anymore: Rev. Barber & Poor People's Campaign Push Presidential Debate on Poverty
Staff | democracynow.org | 2020-01-16
As the final Democratic debate ahead of the Iowa caucuses took place Tuesday night in Des Moines, Iowa, more than 100 protesters gathered outside the debate venue at Drake University to demand a televised presidential debate on poverty. Led by Reverend William Barber, demonstrators carried a coffin to honor the 250,000 people who die every year from the impacts of poverty. According to the Poor People's Campaign, 140 million Americans
Democrats Debate Wealth Tax, Free Public College & Student Debt Relief as Part of New Economic Plan
Staff | democracynow.org | 2020-01-15
At Tuesday's Democratic debate, former South Bend Mayor Pete Buttigieg repeated his criticism of plans for tuition-free public college and wiping out student debt, supported by both Elizabeth Warren and Bernie Sanders. Activist and Truthout contributor Alexis Goldstein says the dispute highlights a philosophical split within the Democratic Party. "We essentially have a disagreement between the progressive candidates and the moderate candidates about whether or not we want to pursue a universal benefit for higher education and make it a public good, much in the way that K-12 education is treated as a public good,"
People Want a Wealth Tax, but Many Politicians Oppose It
Staff | therealnews.com | 2020-01-15
Democratic presidential candidates Elizabeth Warren and Bernie Sanders are practically the only major politicians supporting a wealth tax to reduce inequality and fund government programs, even though polling shows nearly two-thirds of Americans support it.
Poverty Is the New Draft
Staff | therealnews.com | 2020-01-14
The draft might be gone, but not everyone volunteers for the same reasons. Inconsistent access to education, healthcare, or housing means marginalized communities are systemically pushed into military service to gain those benefits–especially poor students.
SPLC Statement on the Detainment of Iranians and Iranian Americans
splcenter.org | 2020-01-06
The following statement is by Southern Poverty Law Center Interim President and CEO Karen Baynes-Dunning following reports that Iranians and Iranian Americans are being detained and questioned at U.S. ports of entry:…