At the Heart of Global Woes, 157 of World’s 200 Richest Entities Are Now Corporations, Not Governments

BY JAKE JOHNSON – As corporations in the United States and around the world continue to reap record profits thanks to enormous tax cuts, widespread tax avoidance schemes, and business-friendly trade and investment policies, an analysis by Global Justice Now (GJN) published Wednesday found that the world’s most profitable companies are raking in revenue “far in excess … Continue reading At the Heart of Global Woes, 157 of World’s 200 Richest Entities Are Now Corporations, Not Governments

‘This Is a Scam”: ExxonMobil-Backed Carbon Tax Will Not Save the Planet

BY JESSICA CORBETT “It comes as no surprise that ExxonMobil and other oil companies are calling for anything and everything short of moving off fossil fuels entirely—most notably, the unwieldy and unproven concept of carbon taxes.” Amid warnings from the Intergovernmental Panel on Climate Change (IPCC) that there’s a closing window to act to prevent a … Continue reading ‘This Is a Scam”: ExxonMobil-Backed Carbon Tax Will Not Save the Planet

Will China’s State-Directed Capitalism Outperform the U.S.’s Unguided Democracy?

BY PHILIP KOTLER – China and the U.S. represent two opposing systems for running an economy.  We will know in twenty years which system performs better in GDP growth, product quality, and innovation.  We will also have a clearer understanding of the economic and non-economic gains and losses with each system. The Chinese government is highly … Continue reading Will China’s State-Directed Capitalism Outperform the U.S.’s Unguided Democracy?

Amid #DeleteFacebook Fervor, Experts Say Time to Tackle Big Data Profiteers

BY JAKE JOHNSON – A social media platform like this “is the ultimate surveillance tool: an addictive product that’s optimized to collect and analyze the intimate details of our lives.” While the pro-Trump data firm Cambridge Analytica has received a flood of media attention in recent days following reports that it harvested the personal information of … Continue reading Amid #DeleteFacebook Fervor, Experts Say Time to Tackle Big Data Profiteers

11 Mayors Applauded for Refusing to Do Business With Companies That Don’t Support Net Neutrality

BY JAKE JOHNSON – “Town by town, city by city, local leaders are taking back everyone’s right to connect and communicate.” As advocacy groups and open internet defenders in Congress continue their efforts to repeal the Republican-controlled FCC’s attack on net neutrality, the mayors of 11 cities have signed a new pledge vowing to refuse to … Continue reading 11 Mayors Applauded for Refusing to Do Business With Companies That Don’t Support Net Neutrality

Lamentations: Disaster-Capitalism, Puerto Rico, and the Art of Patrick McGrath Muñiz

BY CHRISTIAN SARKAR Alba’s Dream (2017) The public has not forgotten Puerto Rico, and neither has Patrick McGrath Muñiz. After experiencing Harvey in Houston, and witnessing Hurricane Maria passing over Puerto Rico and Irma in Florida, where most of his family and friends live, the issue of climate change has become even more personal for the … Continue reading Lamentations: Disaster-Capitalism, Puerto Rico, and the Art of Patrick McGrath Muñiz

Consumption, Economic Growth And The Future Of Marketing

BY DIMITAR SABEV – From its very beginning marketing enhanced economic growth by provoking and channelling consumption, and in many cases this has been socially beneficial. There is growing evidence that the social and economic system based on the premise of constant and rapid growth has breached its limits. Consumption has to decouple from economic growth … Continue reading Consumption, Economic Growth And The Future Of Marketing

Should Government Put a Tax on ‘Sin’ Products and Services?

BY PHILIP KOTLER – Among the millions of products and services produced each year, there is a group loosely called ‘sin’ products. Think of “alcohol, cigarettes, and marijuana” as major sin products. Think of “prostitution services” as a ‘sin’ service type. Think of recent efforts to discourage the consumption of soft drinks, candy, and packaged … Continue reading Should Government Put a Tax on ‘Sin’ Products and Services?

Brand Confusion: What Do Our Political Parties Stand For?

BY PHILIP KOTLER and CHRISTIAN SARKAR – For many years, Americans held a clear idea of the differences between the Republican and Democratic parties. The Republicans were a party on the right, the Democrats a party on the left. But now the distinctions aren’t so clear. What went wrong? Neither party today is answering or … Continue reading Brand Confusion: What Do Our Political Parties Stand For?

Progressive Taxes: Needed to Offset Income Inequality?

BY MARK BLESSINGTON – True or false: Are America’s wealthy few growing their wealth at the expense of everyone else? The question is not whether the rich are getting richer. The question is whether they are gaining wealth at the expense of everyone else. The Congressional Budget Office provides a comprehensive report on wealth every three … Continue reading Progressive Taxes: Needed to Offset Income Inequality?

It’s Time For A Single-Payer Healthcare System

By PHILIP KOTLER – We have had “Obamacare” and now the Republicans have fallen short in replacing it with “Ryancare” (a.k.a. “Trumpcare”). Both plans have their unforgiving and deep critics and enemies. I think that it is time to adopt the healthcare system that Canada and most other nations have: a single-payer healthcare system. A single-payer … Continue reading It’s Time For A Single-Payer Healthcare System