You Can’t Earn a Living on the Minimum Wage When presidential candidate Bernie Sanders talks about income inequality, and when other candidates speak about the minimum wage and food stamps, what are they really talking about? Whether they know it or not, it’s something like this. My Working Life Then A few years ago, I wrote about my experience enmeshed in the […]
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Even as some insist that the global economy is in “secular stagnation,” the facts suggest that we may be entering the “worst” depression in history. The global markets have been on a slippery slope since the summer of 2007, and things have only been getting worse in 2016. The picture looks dismal, no matter which theoretical lens one uses. (This […]
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The longest-running set of polls ever undertaken in the UK, which has been ongoing for over thirty years has been on trust in key professions with Ipsos MORI conducting surveys on the subject since 1983. Their surveys consistently show that public trust in politicians has always been low: at no point since 1983 have more than a quarter of the public ever trusted politicians to tell the truth. The lowest trust score was recorded in 2009 in the wake of the expenses scandal, when only 13% said they trusted politicians. Clearly, there must be a deception going on in our democracy.
This year the Dutch government intend to introduce a universal basic income (UBI) paid to the residents of Utrecht and 19 other Dutch municipalities. Each person will receive the equivalent of about £150 a week whether working or not. The unemployed won’t be penalized for finding work because they will receive their employment income in addition to the universal income payment.
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The reality is rapidly dawning on many working within the NHS that the Conservatives’ aim is to demoralise healthcare professionals, demand that these same healthcare workers do more with less funding, and allow the NHS to fall apart, in order to justify opening it up to privatisation.
Now, junior doctors, along with the rest of the labour movement, must support our consultant and nursing colleagues in their own battles, as part of a wider fight against the Tories, against austerity, and for a socialist alternative.
The world is undergoing a populist revival. From the revolt against austerity led by the Syriza Party in Greece and the Podemos Party in Spain, to Jeremy Corbyn’s surprise victory as Labour leader in the UK, to Donald Trump’s ascendancy in the Republican polls, to Bernie Sanders’ surprisingly strong challenge to Hillary Clinton – contenders with their fingers on the popular pulse are surging ahead of their establishment rivals.
For the majority of people of the planet, but not for the super, super rich, things have gone backwards since the first Davos meeting was held. That’s no coincidence as Davos - for all the ’progressive’ waffle about ‘stakeholder theory’ and the ’global public interest’ - is all about maintaining an elite-friendly, neoliberal economic order which has caused so much economic, social, cultural and environmental damage.
As the New Year gets underway, the highest-paid CEOs of many large corporations have already paid themselves more than the average worker will earn in the entire year! By the end of the first week of January, the highest-paid CEOs had already made as much as their average workers will earn over 8 years.
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More than 30,000 junior doctors across England have staged a walk-out in a dispute with the government over new contracts. RT spoke to trainee medics in London who fear the crippling changes will “kill” the National Health Service (NHS).
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The Washington Post‘s Catherine Rampell devoted a column to a popular Washington pastime: trying to get young people angry at their parents and grandparents so that they are not bothered by the enormous upward redistribution of income taking place in this country.
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