President Donald Trump has promised to rebuild America’s airports, bridges, tunnels, roads and other infrastructure, something both Democrats and Republicans agree should be done. The country needs a full $3 trillion in infrastructure over the next decade. The $1 trillion plan revealed by Trump’s economic advisers relies heavily on public-private partnerships, and private equity firms are lining up for these plumbing investments. In the typical private equity water deal, for example, higher user rates help the firms earn annual returns of anywhere from 8 to 18 percent – more even than a regular for-profit water company might expect. But the price tag can come as a rude surprise for local ratepayers.
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Labor / Economics
Stories about Labor and Economics.
At first glance it is a factory: heavy machinery, crates, palettes, industrial barrels and men doing manual labor. Little catches the eye, except maybe the homemade banners hanging up around the warehouse. They’re in Greek, so you might not be able to read them, but you can tell these are not the stock decorations from the ‘IKEA industrial chic’ catalog.
Over a couple of days, you might also notice that you’re unlikely to see those men doing the same specific jobs, day after day, as you would in most factories. They seem to rotate their roles, mixing up batches of soap, pouring them into frames and cutting it into bars, but also cleaning toilets, taking product orders and coordinating distribution.
Zahra Shexo bends over her sewing machine and meticulously, but expertly allows the course material to run through her fingers and under the pointed needle of the machine. The sound of over a dozen women’s laughter and conversation intermixes with the repetitive mechanical sounds of the sewing machines in the large room. The sewing room is a Kaleidoscope of different coloured materials, samples, threads and other necessary sewing items. Zahra is the current administrator of the textile cooperative Amargi in Kobane city.
Public schools have been a bipartisan battleground for years now, with teachers unions taking attacks from elected officials at all levels as part of a broader movement to “improve” education by handing control over to private companies. Donald Trump's nominee to run the education department, Betsy DeVos, is a stalwart of this privatization drive, never having met a public school she liked (and barely, as many have pointed out, having met a public school at all, since she neither taught in any nor attended them nor sent her own children to them). But teachers around the country are organizing against privatization, and gaining support from parents and students. We talk to one of those teachers, Jesse Hagopian.
Labor Network for Sustainability
As United States Energy Transfers Partners began building the Dakota Access Pipeline through territory sacred to the Standing Rock Sioux tribe, the tribe began an escalating campaign against the pipeline. By this summer nearly 200 tribes around the country had passed resolutions opposing the pipeline and many hundreds of their members joined nonviolent direct action to halt it. Amidst wide public sympathy for the Native American cause, environmental, climate protection, human rights, and many other groups joined the campaign. On September 9, the Obama administration intervened to temporarily halt the pipeline and open government-to-government consultations with the tribes.
Ellen Brown examines the Italian banking crisis in a political context and makes some suggestions on how the Italian people could respond in ways that won't punish smaller depositors.
The economic changes that led to Trump's election began over 30 years ago.
When the “pink tide” of left-leaning governments first rose to power on the back of anti-neoliberal protests across Latin America in the late 1990s and early 2000s, the initial reaction from the Left was euphoric. Striving to move beyond the “there is no alternative” mantra, many pinned their hopes on what seemed to be a new wave of actually existing alternatives to neoliberalism.
Amidst the revolutionary fervor of social forums, solidarity alliances, and peoples’ councils, it appeared an epochal shift was underway, which Ecuadorian president Rafael Correa optimistically dubbed “a genuine change in the times.”
But in retrospect, the 2005 political mobilizations that led to the defeat of the Free Trade Area of the Americas (FTAA) may have been the high point of the pink tide project. Since then, the balance of power has slowly shifted back towards the Right, with the popularity and efficacy of left-wing governments rapidly diminishing.
(The TPP from the point of view of a Wisconsin organic dairy/beef farmer. Short and to-the-point.)
Trade is good, but “Free Trade” doesn’t work for farmers
or workers or most everyone else.
Free trade does, however,work spectacularly well for corporations...