Daily Archives: November 6, 2021

2021-11-06: News Headlines

Sonali Kolhatkar (2021-11-06). How the Wealthiest Countries Schemed to Avoid Economic Commitments at COP26. zcomm.org The G20, an exclusive club of mostly wealthy nations, met just before the COP26 in Glasgow and paid little more than lip service to the world's leading problems, while preserving their own financial dominance…

Sharon Zhang (2021-11-06). Sanders Slams Democrats' Tax Break for the Wealthy as "Beyond Unacceptable" zcomm.org Because the proposal almost exclusively favors the wealthy and the 1 percent, progressives are vehemently opposed to the idea…

rebekah (2021-11-05). The United States of Tax Havens. inequality.org

Staff (2021-11-05). "Too Little, Too Late": Global South Activists Decry 2050 "Net Zero" Goal by Wealthy Nations. democracynow.org After nearly a week of speeches, negotiations and protests at the COP26 U.N. climate summit, we speak with Meena Raman, head of programs at Third World Network, who says developing countries need more time and resources to adapt to the climate crisis and end the use of fossil fuels. Without a just transition that addresses inequality, she says, many countries will continue to suffer from both poverty and environmental devastation. "When the rich world has not been able to phase out fossil fuels, … it's really dubious to preach to the developing world that they have to get out of fossil fuels," says Raman.

Rebekah Entralgo (2021-11-05). Rediscovering the Power of Unions. zcomm.org Better wages, health care, paid leave, and real curbs on inequality may always face headwinds in Washington. But as workers across the country are rediscovering, a strong union can win those things directly…

Paul Haeder (2021-11-05). Quitting is a Mental Health Decision. dissidentvoice.org Well well, some of us try-try. We end up having to take pittance jobs, with pitiful nonprofits, where the bottom line is, well, poverty pimping. So in a time of Covid Capitalism, in a time of quick silver circling the drain, quitting after 5 weeks on the job may appear rash, or self-defeating. But here …

Karen Conner (2021-11-05). Economy Adds 531,000 Jobs in October; Unemployment Falls to 4.6 Percent. cepr.net The rise in the index of aggregate hours since July is equivalent to adding 498,000 private sector jobs a month | The economy added 531,000 jobs in October, as the unemployment rate fell to 4.6 percent, a level not reached following the Great Recession until February 2017. The jobs numbers for the prior two months were also revised upward by 235,000 to bring the three-month average to 442,000. | It's also worth noting that private sector employment grew even more rapidly, adding 604,000 jobs. The hours-worked index, which only measures private sector employment, has risen by 1.2 percent in the last three months,…

Alan Johnstone (2021-11-05). The Socialist Cooperative Commonwealth. dissidentvoice.org Since its origin in the early 19th century by followers of Robert Owen, the term "socialism" has evolved to mean many different things to many different people and has been misused by dictatorships to describe their draconian management of capitalism. At the present time "socialism" is an unpopular word. Stalin, Mao and Pol Pot have …

David Trujillo (2021-11-05). The underbelly of America. peoplesworld.org Under a concrete bridge lies an independent space. Worried, weary, broken, broke, women abused. Overused men. Lost lives chasing shadows. Challenging stories. A challenging life. Homeless camps here and there. Infested makeshift shelters. Overcrowded sidewalk nests. Living symbols of institutional failure. Immense wealth against homeless mayhem. Suppressing motivation, innovation, and personal growth. Unnoticed, unheard just …

WSWS (2021-11-05). "JobKeeper" billions boosted Australian corporate profits while casual workers axed. wsws.org The wage subsidy scheme, like all the COVID-19 "stimulus" packages in Australia and around the world, has been another historic transfer of wealth to big business.

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