Topic: Labor / Economics
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The Pioneering Critique of the Black Misleadership Class: E. Franklin Frazier’s The Black Bourgeoisie
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Published 60 years ago, Frazier’s The Black Bourgeoisie (1957) analyzed the social and political behavior of the African American middle class social strata that aspired to purportedly benevolently rule their own community while pursuing their own personal advancement. Frazier saw the Black bourgeoisie as both an evolving middle class in historical materialist terms – that…
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Student Debt Slavery II: Time to Level the Playing Field
Student Debt Slavery II: Time to Level the Playing Field Ellen Brown http://EllenBrown.com January 5, 2018 This is the second in a two-part article on the debt burden America’s students face. Read Part 1 here. The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their…
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“But How Will We Pay for It?”: Modern Monetary Theory and Democratic Socialism
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Money is not wealth, only a measure of wealth. What happens when we take this concept seriously?
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The Public Bank Option: Safer, Local and Half the Cost
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A UK study published on October 27, 2017 reported that the majority of politicians do not know where money comes from. According to City A.M. (London) : More than three-quarters of the MPs surveyed incorrectly believed that only the government has the ability to create new money. . . . The Bank of England has previously intervened…
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VA Officials Continue to Discuss Proposed Health-Care Changes Out of Public View
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In a now familiar pattern, leading veterans organizations are up in arms again over the latest revelations about White House plans for the Veterans Health Administration (VHA)—plans that were concocted behind closed doors. Last week, the Associated Press reported that Secretary of Veterans Affairs David Shulkin and other Trump officials have been quietly discussing ways…
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Student Debt Slavery: Bankrolling Financiers on the Backs of the Young
Ellen Brown http://EllenBrown.com December 26, 2017 Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors. The advantages of slavery by debt over “chattel” slavery – ownership of humans as a property right – were set out in an infamous document called the Hazard Circular, reportedly…
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Why we can’t rely on corporations to save us from climate change
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While businesses have been principal agents in increasing greenhouse gas emissions, they are also seen by many as crucial to tackling climate change. However, our research shows how corporations’ ambitious pro-climate proposals are systematically degraded by criticism from shareholders, media, governments, other corporations and managers. This “market critique” reveals the underlying tension between the demands…
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From Social Movements to ‘Other’ Societies in Movement – Part 2
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Fourth, we note the affirmation of lowland Black and Indigenous peoples as front-line actors, but doing it their own way and in a manner that differs from that of the popular sectors. Black protagonism is visible above all in Colombia and Brazil. In both cases, organizations of African descent have been around for decades, but…
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From Social Movements to ‘Other’ Societies in Movement – Part 1
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To analyze the state of Latin American social movements today, we must review the main popular struggles since 2005, when the previous cycle of struggle concluded with the second gas war in Bolivia and Evo Morales’ electoral triumph. A mapping of these resistances will give an idea as to what is happening to counter the…