By Michael Dickinson | CounterPunch | January 28, 2015 This week Britain is commemorating the fiftieth anniversary of the death of Winston Churchill. Millions of people worldwide watched his state funeral on television in 1965, and thousands of people lined the streets of London to pay their last respects as his cortege slowly passed. But […]
Al-Akhbar | January 19, 2015 The world’s wealthiest 1 percent are expected to own more than 50 percent of the world’s wealth by 2016, the UK-based charity Oxfam International reported Monday. “The richest people in the world have seen their share of global wealth increase to 48 percent in 2014 from 44 per cent in […]
By Richard Edmondson | Fig Trees and Vineyards | January 17, 2015 The head of a major Jewish organization in the EU is calling upon lawmakers to revise European gun control laws to allow Jews to begin arming themselves–presumably for self protection. “The Paris attacks, as well as the many challenges and threats which have been […]
By David Whitehouse | Worx in Theory | December 7, 2014 The Five Points district of lower Manhattan, painted by George Catlin in 1827. New York’s first free Black settlement, Five Points was also a destination for Irish immigrants and a focal point for the stormy collective life of the new working class. Cops were […]
By Robert Bridge | RT | December 18, 2014 Despite, or because of, the fallout from the 2007 Great Recession, annual earnings between the richest Americans and everybody else have exploded to record levels. Meanwhile middle- and lower-class wealth growth remains stagnant. The median wealth for high-income families hit $639,400 last year, a whopping 7 […]
RT | December 15, 2014 UK employers responsible for flagrant exploitation of migrant workers by violating their rights, paying them paltry wages and offering them poor working conditions, could face jail sentences under a Labour government, Ed Miliband warned on Monday. During a speech in Norfolk, the Labour leader pledged to introduce a new law […]
By Lawrence Wittner | CounterPunch | December 15, 2014 In a recent article about Shirley Jackson, the president since 1999 of Rensselaer Polytechnic Institute (RPI)–a private university located in Troy, New York–the Chronicle of Higher Education revealed that, in 2012 (the latest year for which statistics are available), she received over $7 million from that […]
Press TV – December 9, 2014 The Organization for Economic Cooperation and Development (OECD) says the gap between rich and poor in most of its member countries has reached its highest level in 30 years. The organization released a report on Tuesday saying most of its 34 member states have seen a widening inequality gap. […]
By James Petras :: 12.03.2014 Introduction Over the past 30 years, wealth has grown exponentially and has become increasingly concentrated foremost in the upper .01%, then the .1%, followed by the 1% and the upper 10% – 20%. The large scale, long-term concentration of wealth has continued through booms and busts of the real economy, […]
Press TV – November 12, 2014 A report says that a pensioner will die from cold weather every seven minutes in Britain this winter, amid soaring fuel bills. The Age UK charity released the report on Tuesday, saying that, this winter, 25,000 elderly people in England and Wales will die as a result of the […]
