Daily Archives: August 20, 2021

2021-08-20: News Headlines

Stephen F. Eisenman (2021-08-20). Is the Imminent End of Civilization a Winning Ticket for the GOP? counterpunch.org Opinion Guest Essay ————— Is the Imminent End of Civilization a Winning Ticket for the GOP? Stephen F. Eisenman Mr. Eisenman contributes a weekly column from Washington, D.C., on politics, demographics, and inequality. Is the recent discovery that rising global temperatures will quickly render the Earth uninhabitable, a net plus for conservative Republicans? Will it

Olivia Engling (2021-08-19). Haiti Earthquake Recovery Hampered by Poverty, High Debts and Corruption. indybay.org As a cyclone hits Haiti, rescue workers searched for survivors from Saturday's 7.2 magnitude earthquake. At least 1300 are confirmed dead and thousands of homes destroyed in one of the world's poorest countries.

rebekah (2021-08-19). Warehousing Wealth in Donor-Advised Funds. inequality.org

SAM (2021-08-19). America's Merchants of Death Then — and Now. inequality.org

Jeff Pao (2021-08-19). Wealth gap sparks Xi's call for 'common prosperity'. asiatimes.com China could soon reduce the gap between the rich and poor by imposing new taxes on property and inheritance, capping state-owned-enterprise (SOE) executives' salaries, strengthening antitrust enforcement and promoting more charity. All these suggestions were made by economists and commentators soon after President Xi Jinping spoke at a top Communist Party financial and economic affairs committee meeting …

Graham Peebles (2021-08-19). The Poison of Nationalism. dissidentvoice.org Once upon a time Nationalism was an ideology reserved for extremists, but in recent years it has moved from the irrelevant fractious fringes to become a central movement in western politics. Rooted in fear, it feeds on tribal instincts and has become mainstream by offering oversimplified explanations to complex problems, such as poverty and immigration. …

Internationalist 360 ∞ (2021-08-19). Eating with Hope: Solidarity Initiatives are the Alternative for Brazil's Hungry. libya360.wordpress.com Daniel Giovanaz, Pedro Stropasolas Over the past few years, an about-turn in policies saw a massive increase in hunger in Brazil. As the pandemic wreaked havoc, solidarity initiatives and donations, which feed close to 30% of the population, were all that stood between people and starvation. The abandonment of policies to combat poverty has put Brazil…

RobertAlvarez (2021-08-19). "Wealthy Donors Need to Get Off Their Assets" ips-dc.org Washington, D.C. — A new "This is the tip of the iceberg in DAF to DAF giving. We are seeing a growing amount of charitable dollars warehoused in intermediaries such as private foundations and DAFs," said Helen Flannery, director of re…

RobertAlvarez (2021-08-19). More Evidence of Warehousing of Wealth in Donor-Advised Funds. ips-dc.org As the concentration of wealth among the top 0.1 percent has grown, philanthropy has become more "top heavy." The number of middle-income donations is shrinking and most of the growth in annual charitable giving is coming from the very wealthy. | This is concerning because wealthier donors generally give to intermediaries such as their own private foundations or donor-advised funds (DAFs), not outright to charitable recipient groups. As we've discussed in

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