Sean Stinson To suggest that there has been an overreaction to the coronavirus pandemic may be the understatement of the century. The spark that began as a rational fear of disease has been fanned into flames of widespread panic which have raged through state and civil institutions. The spectacle of the US election aside (or …
The invisible hand As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that this, in effect, serves the wider social interest. He put forward a detailed description of this concept in an immense book, “The Wealth of Nations” (1776). Adam Smith (1723-1790) had been[Read More...]
To profiteers, this pandemic is very good; it hasn’t hurt their profit-making mechanism. Net worth of US billionaires has soared by $1 trillion – to total $4 trillion – since Pandemic began, a report released on December 8, 2020 by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) said: “The total net worth of the 651[Read More...]
ORIENTATION When I first considered myself a socialist revolutionary in 1970, I was hounded by free marketers’ challenge: “name me one country where socialism works”. These market fundamentalists would then hold up the most strident expectations for socialism: Everyone is exactly equal with no classes. There is an abundance of goods which are conveniently circulated. Political rule is not dictatorial.[Read More...]
Please remember that in 1961 when JFK took office the top bracket for federal income tax was at 90%. Now, we all should know that no one in that top bracket actually paid at 90%. That is what a slew of deductions and bright accountants were for. When Reagan took office he was able to lower the top bracket down[Read More...]
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We live in disconcerting times. The wealth of USA’s 643 billionaires has soared by 29% since the start of the Covid-19 pandemic. On 13 August, 2020, the top twelve US billionaires had surpassed a combined wealth of $1 trillion. This year, the world’s 500 richest people have grown their fortunes by $871 billion, a 15% increase. All this while, the[Read More...]
What hotter button could there be to push than that of anti-Semitism? The world has moved on since the days of Dachau and the Gulag, and methods of control are no longer as brutal. But they’re still effective nonetheless.
The farmers unions have called for a boycott of all products of Adani and Reliance, the two corporates closest to the Modi-Shah regime and which stand to benefit the most from the opening up of the farm sector to agribusiness, which will not only destroy farmers’ livelihoods but affect food security for everyone. The new … Continue reading Stand by farmers – boycott Adani and Reliance →
Newspeak, Trumpism and conspiracy theories News Junkie Post has a policy of zero tolerance for conspiracy theories. With a story as big and global as the COVID-19 pandemic, alternative narratives from conspiracy theorists were bound to happen. Like most news outlets, big or small, News Junkie Post‘s main focus in 2020 was the pandemic. Our […]
( न्यू सोशलिस्ट इनीशिएटिव, दलित लेखक संघ, अखिल भारतीय दलित लेखिका मंच, प्रगतिशील लेखक संघ, जन संस्कृति मंच, इप्टा, संगवारी, प्रतिरोध का सिनेमा और जनवादी लेखक संघ द्वारा किसान आंदोलन की माँगों और 8 तारीख के भारत बंद के समर्थन में जारी बयान ) Image : Courtesy Reuters तीन जनद्रोही कृषि-क़ानूनों के खिलाफ़ किसानों के ऐतिहासिक आन्दोलन का साथ दें!
