Entrepreneurs and small firms on both sides of the argument have spoken out freely about Brexit. So too have bosses of foreign-owned companies. But the “Trappist silence” maintained by many of the UK’s largest firms “has become deafening” – even though surveys suggest the majority of corporate bosses would prefer to stay in the EU …
Continue reading ‘Why is big business silent over Brexit?’ »
“The ANC (Area Neighborhood Committee) got to flex its muscles over sprouting ginkgo trees on the East Side, an issue that brought a lively reaction from the crowd. Commissioner Rick Murphy commented: “All politics are local but this one is hyper-local. ”The commissioners went on to approve a motion that the stinky, squishy, hazardous berry-dropping …
Continue reading ‘Local council ends the year discussing a hot issue’ »
Getting well in America can bankrupt you. A Texan man has a heart attack – and good medical insurance – and still finds himself on the hook for $109,000 in medical bills. Another man in Florida owed $3,400 for a CT scan, after his insurance company paid its part. And a woman who had surgery …
“In the US, juvenile drug offenders are routinely tried as adults,” says Eric Levitz. Thirteen-year-old murderers have been sentenced to life without parole; teenagers who text naked pictures of themselves are regularly arrested for child pornography. The American Right has worked hard to bring this situation about, and wants the law made still harsher. Trump …
Continue reading ‘Why do only white youngsters deserve mercy?’ »
Mexico’s leftist president-elect has announced that he is looking for a buyer for the presidential plane – a Boeing 787-8 Dreamliner – that his predecessor acquired two years ago for £302m. “It’s not just an efficient, modern plane – it’s a comfy plane, with a bedroom, a restaurant, with lots of space,” said Andrés Manuel …
Every serious person knows that climate change is the greatest threat facing the world right now. Everyone also ought to know that air pollution is a big cause of premature death in our cities. Both climate change and pollution need to be addressed with bold policies if we are to have any hope of averting …
Continue reading ‘Macron and the dangers of liberal elitism’ »
In fascist regimes the leader seeks alliances with giant corporations, as long as they obey him, and in return they avoid democratic accountability and can continue growing. Maybe you can guess where I might be going with this? In the last few years the US has virtually ignored the anti-trust laws that helped the country …
Continue reading ‘Extreme economic concentration creates the conditions ripe for dictatorship.’ »
Those reporters have such nerve! Last month, a BBC reporter in London asked Jeff Fairburn, the CEO of Britain’s largest homebuilder and the nation’s highest-paid corporate chief exec, about the $98-million “performance” bonus the 52-year-old had pocketed earlier this year. A peeved Fairburn called the reporter’s question “really unfortunate” and abruptly walked out of the …
Continue reading ‘A subsidised CEO takes aim at an impertinent media’ »
In the past 50 years, per capita meat consumption across the world has nearly doubled, from 23kg a year to 43kg, while total consumption has risen fourfold. And although there are signs that some higher-income countries have reached “peak meat”, the UN has estimated that global consumption will rise a further 76% by around 2050, …
75% of English and Welsh children aged 11-16 say it is important to go to university, down from 86% in 2013. The proportion who are “very likely to” actually go to university has fallen from 38% to 32%. (Ipsos Mori/The Guardian) Why should anyone be surprised? University is too expensive, and whitecollar job prospects poor. …
Continue reading ‘Let’s get back to teaching some practical skills!’ »
More than half the jobs in newspaper publishing disappeared between 2001 and 2016, according to the US Bureau of Labor Statistics. It’s much the same story across the developed world, of course. Yet in other countries the loss of local print outlets has been partially mitigated by public broadcasting, which has helped fill the void …
This month, Britain’s first unexplained wealth order (UWO) survived a challenge at the High Court. The suspect it targets – Zamira Hajiyeva – is the wife of an Azerbaijani banker whose annual salary is a mere £54,000, and who was jailed for defrauding a state-owned bank out of the equivalent of tens of millions of …
A small group of 11 hedge-fund billionaires, entrepreneurs, media bosses – and a casino mogul – have put $1 billion into PACs, or one fifth of the $4.5 billion collected for political purposes, since the Supreme Court ruled on the Citizens United case in 2010. Candidates and parties rely increasingly on these donors, who themselves …
“The new Republican tax code deliberately rigs the economy in favor of the political donor class – the CEOs, corporations, and millionaires who fund campaign – and virtually guarantees that a tiny number of the richest people in the country will get significantly richer while working families and the middle class get screwed. “Among other …
Continue reading ‘“The new Republican tax code rigs the economy.”. A millionaire investor’ »
In the aftermath of Kavanaugh’s confirmation as a Supreme Court justice, Democrats are feeling dejected. It seems the country is institutionally biased in favour of wealthy, well-connected men. The pleas of a woman who is “100% certain” she was assaulted carry little weight. It is tempting to give up the fight and go home. But …
