books

Parking the Big Money: Tax Havens and Capital Flight

Cass R. Sunstein New York Review of Books
"The proletariat of each country must, of course, first settle matters with its own bourgeoisie," Marx wrote, but the corporate class formatively battles internationally, including locating fake corporate headquarters to low-tax nations, in effect bleeding their home sovereign nations of tax dollars, starving state services and aiding in turning both governing and opposition parties into austerity regimes. This book and film chart the practice and ways to combat it.

With Chicago Tired of "Mayor 1%," Chuy García Could Actually Win His Runoff with Rahm Emanuel

Kari Lydersen In These Times
While money poured into the recent mayoral and aldermanic elections, voters showed that they are tired of business as usual. Chicago has been portrayed internationally as a symbol of the growing chasm between America's haves and have-nots, the 1% and the 99%, a "tale of two cities." The concept worth contemplating now is that Chuy García could actually win. It would be a story for the ages.

With Chicago Tired of "Mayor 1%," Chuy García Could Actually Win His Runoff with Rahm Emanuel

Kari Lydersen In These Times
While money poured into the recent mayoral and aldermanic elections, voters showed that they are tired of business as usual. Chicago has been portrayed internationally as a symbol of the growing chasm between America's haves and have-nots, the 1% and the 99%, a "tale of two cities." The concept worth contemplating now is that Chuy García could actually win. It would be a story for the ages.

Tidbits - February 26, 2015 - Netanyahu; Greece; George Washington, Slavery, Populist Challenger, Lynching, Teachers, Militarized Future, Water Privatization, and more...

Portside
Reader Comments- Netanyahu Doesn't Speak for All American Jews; SYRIZA, Greece; George Washington and Slavery; Lesley Gore; Needed-Populist Challenger; Tax Top Incomes; Militarized Future; Mississippi's Racial Murders; Ai-jen Poo, Aging; Walmart; West VA Coal; Bad Cops; Chapel Hill Murders; Water Privatization; Teachers and Education Today; Medical Volunteers Needed: Rojava Announcements: Film "Made in Dagenham", Identity Politics-Foundation for Coalition Building

5 Facts About How America Is Rigged for a Massive Wealth Transfer to the Rich

Paul Buchheit AlterNet
People in the U.S. and around the world are being rapidly divided into two classes, the well-to-do and the lower-income majority. This severing of society will change only when progressive thinkers (and doers) agree on a single, manageable solution that will stop the easy flow of wealth to the privileged few.

Attack on Piketty’s Capital Gets it Wrong

Mike Konczal; Jennifer Rankin; Chris Giles; Neil Irwin
Piketty's central theme is not that inequality of the ownership of wealth is going to skyrocket. The central theme is that the 1% already owns a lot of the capital stock, and the capital stock is going to get gigantic relative to the rest of the economy. Whatever the weakness this meg-tome and mega-best seller, there is no denying - the rich are getting richer, the poor, poorer. (And Piketty is not a Marxist.)

Matt Taibbi: The SuperRich in America Have Become 'Untouchables' Who Don't Go to Prison

Amy Goodman, Matt Taibbi Democracy Now!
Matt Taibbi discusses his new book, "The Divide: American Injustice in the Age of the Wealth Gap." The vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale. Taibbi explores how the Depression-level income gap between the wealthy and the poor is mirrored by a "justice" gap in who is targeted for prosecution and imprisonment.

Tidbits - April 3, 2014

Portside
Reader Comments - U.S. Military Policy, Foreign Policy and Aggression; Public Education and New York's Segregated Schools; Obamacare; Bernie Sanders for President - exchange on electoral politics and tactics; Trade Policy; Venezuela; Congress and the 1%; Pope Francis; poverty; Announcement - Call for Tributes and Reflections: The Life and Work of Rod Bush - San Francisco - Aug. 18, 2014

Socialism for the Rich -- It's Capitalism - A Nation of Takers

Nicholas Kristof, Op-Ed New York Times
The wealthiest Congress in history, the first in which a majority of members are millionaires, we have a one-sided discussion demanding cuts only in public assistance to the poor, while ignoring public assistance to the rich. And a one-sided discussion leads to a one-sided and myopic policy. We're cutting one kind of subsidized food - food stamps - at a time when Gallup finds that almost one-fifth of American families struggled in 2013 to afford food.
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