Do recent political events in Italy herald another global economic crisis?
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Labor / Economics
Stories about Labor and Economics.
You are more likely to be killed at work than in a terrorist attack or plane crash. On average, thirteen workers die on the job every day. Most of these deaths are completely preventable. And yet the complex web of state and federal agencies and insurance programs meant to protect worker’ssafety and incomes are persistently under-funded and under attack.
The problem is that we can't just vote socialism into existence. Even if Sanders were elected president--and the bipartisan U.S. political system has and will continue to deploy every trick to make sure he's not--most of the wealth by far that could be redistributed is the private property of the 1 Percent.
That's the biggest reason we can't seem to stop climate change: the laws of capitalism say we can't stop oil companies from pumping out their oil, even if it destroys our species.
In Chicago this coming weekend, 2,500 rank-and-file activists, from the U.S. and abroad, will be meeting under the banner of Labor Notes to celebrate the revival of union militancy, including recent strike victories like the West Virginia teachers’ walk-out.
This conference—nineteenth of its sort since 1981—will be the largest gathering ever hosted by the now Brooklyn-based labor education project. Labor Notes staff train shop stewards and local officers, promote cross-union networks, and publish books and newsletters about union democracy and reform.
Conservative economist Milton Friedman once said, “The [only] social responsibility of business is to increase its profits.” Noam Chomsky was more blunt. He stated, “Corporations [have] no moral conscience. [They] are designed by law to be concerned only for their stockholders, and not…their stakeholders, like the community or the work force.”
State-level reforms for universal health care are laudable; they are not single payer.
Two states with a long history of state-based healthcare reform efforts, California and New York, are hard at work organizing for state bills labeled as single payer healthcare plans. Other states are moving in that direction too. This raises questions by single payer advocates: Can states create single payer healthcare systems? Does state-level work help or hinder our goal of National Improved Medicare for All (NIMA)?
Michelle Chen points to studies showing that worker cooperatives are more productive than privately owned firms.
Settled agriculture, cities, nation-states, information technology and every other facet of the modern world have unfolded within a long era of climatic good fortune. Those days are gone. Sea levels are rising; climate is becoming less stable; average temperatures are increasing. Civilization emerged in a geological era known as the Holocene. Some have called our new climate era the Anthropocene. Future intelligent life will know we were here because some humans have filled the fossil record with such marvels as radiation from atomic bombs, plastics from the oil industry and chicken bones.