Daily Archives: December 16, 2022

2022-12-16: News Headlines

SAM (2022-12-16). Can We Talk Sensibly about Inequality and Ignore the Rich? inequality.org

____ (2022-12-15). China's surveyed urban unemployment rate at 5.7 pct in November. ecns.cn China's surveyed urban unemployment rate stood at 5.7 percent in November, up from 5.5 percent in October, data from the National Bureau of Statistics showed Thursday.

Isheka N. Harrison (2022-12-15). Top Reparations Scholar Dr. Darity Drops Science On How Inflation And Fed Efforts To Fight It Disproportionately Hurt Black America. moguldom.com Dr. William "Sandy" Darity has dedicated his life and career to studying the racial wealth gap and harms done to Black Americans in hopes of finding solutions to fix it. Recently, Darity called out how inflation and the Federal Reserves' efforts to fight it through interest rate hikes and other methods are disproportionately hurting Black …

Editor (2022-12-14). Patrick Lawrence: In Ukraine, the Autumn of Oligarchs. scheerpost.com By Patrick Lawrence / Original to ScheerPost The nice thing about being an oligarch is that you are so wealthy it doesn't matter that you are looked upon as a predatory pariah. The nice thing about being an American oligarch, such as Jeff Bezos, is that America does not have oligarchs: It has highly successful …

Isheka N. Harrison (2022-12-14). The Lifespan Of A Dollar In Black Community Is Only 6 Hours: Fact Or Myth? moguldom.com For decades the narrative that the dollar only circulates for six hours in the Black community compared to dozens of times in others, like the Jewish and Asian communities, has been perpetuated. It's a statistic that countless financial experts and wealth advisors have quoted in hopes of encouraging Black people to support Black businesses more …

WSWS (2022-12-14). Iran publicly hangs second anti-government protester after show trial. wsws.org The Iranian authorities' resort to ever harsher repression is rooted in their fear that under conditions of ever deepening poverty and ever-widening social inequality, the working class will erupt onto the scene.

Editor (2022-12-14). British empire killed 165 million Indians in 40 years: How colonialism inspired fascism. mronline.org A scholarly study found that British colonialism caused approximately 165 million deaths in India from 1880 to 1920, while stealing trillions of dollars of wealth. The global capitalist system was founded on European imperial genocides, which inspired Adolf Hitler and led to fascism.

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