Daily Archives: October 9, 2021

2021-10-09: News Headlines

WSWS (2021-10-09). Pandora Papers reveal finance minister profited from offshore account as misery ravages Brazil. wsws.org The revelations stand as a testimony to the rampant social inequality that is the defining trait of Brazilian capitalism, provoking deep nervousness within ruling circles.

Nikolaus Gietinger, Justus Cider (2021-10-09). Capitalist dilemmas and The Greed for More. indybay.org The overexploitation of nature did not remain without resistance. However, these were ignored by both the left and the right due to the hopelessness of the capitalist form of wealth. The "requirements of shipping and agriculture" destroy original functions of the floodplain landscapes. "And if solutions within the system are so impossible to find, maybe we should change the system itself," said Greta Thurnberg…

SAM (2021-10-08). Forget the Huddled Masses. Bring Us Billionaires. inequality.org

El Faro English (2021-10-08). From EL FARO ENGLISH: Exposed by the Pandora Papers. latinorebels.com Central America, in Brief: The Pandora Papers, a global investigation led by the International Consortium of Investigative Journalists (ICIJ) involving more than 600 journalists in 117 countries, shed new light on how offshore banking shields the cash of Central America's wealthy and well-connected, including presidential candidates and former heads of state. While the practice doesn't prove illegal activity, it raises serious questions about transparency and economic inequality.

Paul Cochrane (2021-10-08). Pandora Papers: How London became a financial hub for Gulf rulers and the super-rich. middleeasteye.net Pandora Papers: How London became a financial hub for Gulf rulers and the super-rich | Many of the secretive structures used to hide wealth from scrutiny were created during the British Empire and involved the Middle East | Fri, 10/08/2021 – 12: 00 | A statue of a dragon marks the boundary of the City of London, the British capital's financial hub (Reuters) | Since leaving the European Union, the B…

rebekah (2021-10-08). The Care Movement Fights Back Against Cuts to Biden's Historic Home Care Plan. inequality.org

Staff (2021-10-08). Hurricanes Aren't Just Natural Disasters — They Also Fuel Inequality. truthout.org When President Joe Biden toured storm-ravaged neighborhoods in Louisiana in September, he portrayed the damage of Hurricane Ida as a Natural disasters cou…

WSWS (2021-10-08). 10,000 Alberta Superstore workers vote overwhelmingly in favour of strike action. wsws.org The poorly-paid grocery workers are outraged over poverty wages, the company's erratic scheduling practices and the virtual absence of COVID-19 protections in the workplace.

WSWS (2021-10-08). ISU graduate students vote on union-backed contract enforcing poverty wages. wsws.org The Illinois State University Graduate Workers Union is working to push through a sellout contract that enforces poverty-like conditions in a no-strike contract.

Robert Reich (2021-10-08). The Democrats' one chance to cut child poverty in half. nationofchange.org Poverty is a policy choice. Congress must make the Child Tax Credit permanent.

Karen Conner (2021-10-08). Mixed Jobs Report: Economy Adds Just 194,000 Jobs, but Unemployment Falls to 4.8 Percent. cepr.net The index of aggregate hours rose 0.9 in September, the largest rise since March. | The number of jobs added in September came in far below most forecasts, with the establishment survey showing just 194,000 new jobs. However, the household survey showed the unemployment rate falling by 0.4 percentage points to 4.8 percent. This decline was not due to people dropping out of the labor market, as the survey showed a rise in employment of 526,000, and the employment-to-population ratio rose 0.2 percentage points to 58.7 percent. | The Establishment Survey is Not as Bad as it First Appears | It is not clear that the w…

Staff (2021-10-08). Ending Unemployment Benefits Had Little Impact on Job Growth. truthout.org The number of jobs added in September came in far below most forecasts, with the establishment survey showing just 194,000 new jobs. However, the household survey showed the unemployment rate falling by 0.4 percentage points to 4.8 percent. This decline was not due to people dropping out of the labor market, as the survey showed a rise in employment of 526,000, and the employment-to-population ratio rose 0.2 percentage points to 58.7 percent. | The Establishment Survey Is Not as Bad as It First Appears

_____ (2021-10-08). Hope For Labor At The End Of History. popularresistance.org It was "the end of history": America in the 1990s. Francis Fukuyama published a book with that title in 1992. Things would continue to happen, according to the philosopher, but the underlying story line had come to a finish with the triumph of liberal democracy and capitalism. As the decade wore on, Fukuyama's prophecy seemed practically clairvoyant. At the turn of the millennium, Bob Dylan captured the zeitgeist: "I used to care, but things have changed." | Yet how could that be? Talk of a second Gilded Age of gross disparities in income and wealth was already commonplace. Homelessness, declining wages, a reemer…

Fairness & Accuracy In Reporting (2021-10-08). Lisa Graves on the Fight for the Post Office, Stevana Sims on Saving Anti-Racist Education. fair.org (image via BillMoyers.com) | This week on CounterSpin: The thing about the US Postal Service: Low-income people get the same service as the rich; rural people get their prescriptions and paychecks and ballots in the same timeframe as those in big cities. The idea has always been that postal service is a public good, not to be mined for profit, and not tiered to give the wealthy yet another leg up. USPS is the second-largest employer in the country, traditionally offering opportunities for people of color—and unlike the number one employer, Walmart, it doesn't subsidize itself by paying wages so low that em…

Dave Lindorff (2021-10-08). The Rich are Different: They're Richer Than Us and Far Greedier. counterpunch.org F. Scott Fitzgerald is famously said to have once remarked to his pal Ernest Hemingway, "The rich are different from you and me, Ernest," to which Hemingway is said to have replied, "Yes, they have more money." Fitzgerald had it right. Particularly these days, when the wealthiest people in the US are not millionaires, or

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