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America’s universities are on fire. A protest movement against the violence in Gaza and U.S. colleges’ complicity in them has swept the nation, with encampments on college campuses in 45 of America’s 50 states. The crackdown has been swift; thousands of students have been arrested, charged, fined, lost their degrees, or even deported. Amid corporate... Read More
Having written posts on this blog for several years now, I have become ever more sensitive to how we, as news consumers, are subject to ideology – the invisible, shifting sands of our belief system. Those beliefs are not inbuilt, of course. How could they be? We are not born with pre-loaded software like a... Read More
"There are few ways in which a man can be more innocently employed than in getting money," is an insight the famed biographer James Boswell attributed to Samuel Johnson. Clients of the late Bernie Madoff, however, might take issue. Over four decades, Madoff, acclaimed as the greatest fraudster of them all, ran a Ponzi scheme... Read More
Millionaires want to make money. Billionaires want to make history. We may add that multi-billionaires take it further; they want mankind to adapt to their needs and wishes. As for people who control trillions, why, they care about our wishes as much as we care about ants while sweeping the garden. We do not apply... Read More
America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country. In this essay we will discuss the socio-economic roots of inequalities and the relation between the concentration of wealth and the downward mobility of the working and salaried classes. How the... Read More
While the number of the world’s billionaires grew from 793 in 2006 to 946 this year, major mass uprisings became commonplace occurrences in China and India. In India, which has the highest number of billionaires (36) in Asia with total wealth of $191 billion USD, Prime Minister Singh declared that the greatest single threat to... Read More