BY JESSICA CORBETT When Republicans in the U.S. House of Representatives elected Louisiana Congressman Mike Johnson as speaker last week, critics quickly sounded the alarm about his previous calls to cut trillions of dollars from Social Security, Medicare, and Medicaid—and the GOP leader triggered a fresh wave of fears on Thursday with related comments to … Continue reading ‘MAGA Mike Johnson’ Wants Commission to Cut Social Security Formed ‘Immediately’
BY OLIVIA ROSANE In yet another instance of disaster capitalism, private equity companies like Blackstone have found two ways to profit from the climate emergency: first by investing in fossil fuel infrastructure and then by buying up restoration companies that clean up after increasingly extreme weather events. That’s one of the main takeaways from a … Continue reading Private Equity Exposed for Profiting From Fossil Fuels and Disasters They Cause
BY PETER SINGER I wasn’t aware of climate change until the 1980s — hardly anyone was — and even when we recognised the dire threat that burning fossil fuels posed, it took time for the role of animal production in warming the planet to be understood. Today, though, the fact that eating plants will reduce your … Continue reading ‘We are gambling with the future of our planet for the sake of hamburgers’: Peter Singer on climate change
BY RICHARD ESKOW The real goal of billionaire-funded Social Security rhetoric is to prevent the public from drawing a connection between Social Security’s finances, the working-class retirement crisis, and the ludicrous amounts of wealth held by America’s billionaires. Consider the billionaire. I’m not talking about people who were born into wealth; they have their own issues. … Continue reading Why Billionaires Hate Social Security
BY CHRISTIAN SARKAR, PHILIP KOTLER, ENRICO FOGLIA In our book – REGENERATION: The Future of Community in a Permacrisis World, we point out that in the US today, we see that our politicians can’t even stand up to the NRA, let alone address climate collapse. Instead, they distract us with culture wars and fake controversy – banning books, … Continue reading Does Your Government Care? A Citizen’s Checklist for Regenerative Government
What does Ukraine need for the future? We interviewed Dr. Iryna Tykhomyrova, President of MIM Business School in Kyiv, to get her views on rebuilding Ukraine. Dr. Tykhomyrova is the Head of Management and Economics Department, and supervisor of consulting projects for international and Ukrainian companies. As an expert on evaluation of business education needs for Central … Continue reading “Ukraine: A War between the Past and the Future” – An interview with Iryna Tykhomyrova
BY – STANLEY F. STASCH From the late 1940s to the mid-1970s, ordinary people in the United States enjoyed a tremendous increase in their prosperity. It was the highest level of prosperity the world had ever experienced, and it resulted in the creation of the great American middle class. That period was immediately followed by the … Continue reading The U.S. Government’s Program Of Welfare For The Wealthy
BY JULIA CONLEY Releasing a new study showing that world governments spend at least $1.8 trillion annually to subsidize activities which worsen the climate crisis, global subsidies experts on Thursday said leaders must eliminate or redirect the financial supports as part of an ambitious Global Biodiversity Framework at an upcoming summit in China. The B Team … Continue reading Humanity Subsidizing ‘Our Own Extinction,’ Warns Study
BY Matthew Shillito, University of Liverpool Many of the world’s richest and most powerful people are in the spotlight for the wrong reasons – again. The Pandora papers is the third and largest leak of documents in which the secret financial practices of the wealthy are exposed in the media. They highlight mass tax avoidance and … Continue reading Pandora papers: media rage at billionaire tax cheats ignores Boris Johnson’s failure to reform tax havens
BY Professor Astrid H. M. Nordin, King’s College London and Graham M Smith, University of Leeds At the 2021 summit of the G7, which was held in Cornwall in the west of England, one person figured prominently in conversations but was not part of the gathering: the Chinese president, Xi Jinping. A fair proportion of the … Continue reading China and the west: competing traditions make true friendship highly unlikely – here’s why
BY SYLVIA TASCHKA, Wayne State University Comparisons between the United States under Trump and Germany during the Hitler era are once again being made following the storming of the U.S. Capitol on Jan. 6. Even in the eyes of German history scholars like myself, who had earlier warned of the troubling nature of such analogies, Trump’s … Continue reading How can America heal from the Trump era? Lessons from Germany’s transformation into a prosperous democracy after Nazi rule
BY PHILIP KOTLER & CHRISTIAN SARKAR The cover of the May 20, 2020 issue of Forbes magazine carries a picture of Larry Ellison, billionaire founder of Oracle Corporation. On page 114, there’s a Billionaires Index that runs six more pages in very small print. The following becomes clear: Almost every country has billionaires. Even Venezuela and … Continue reading Why Can’t Billionaires Advance the Common Good?
BY CHRISTIAN SARKAR and PHILIP KOTLER In our work on cultural narratives, we’ve proposed that cultural narratives create meaning for our place in the world, and provide a map for the journey ahead. The structure of a cultural narrative can be diagrammed as follows: In politics, the structure of a cultural narrative becomes an ideological framework for living … Continue reading Biden vs. Trump: A Tale of Two Narratives
BY ROBERT REICH Trump will do anything to be re-elected. His opponents are limited because they believe in democracy. Trump has no limits because he doesn’t. Here’s Trump’s re-election playbook, in 25 simple steps: 1. Declare yourself above the law. 2. Use racist fearmongering. Demand “law and order” and describe protesters as “thugs”, “lowlife” and … Continue reading Trump Doesn’t Believe in Democracy—Here’s His 25-Step Reelection Plan
BY JESSICA CORBETT In a new video from The Intercept, author and activist Naomi Klein explains how the Trump administration and other governments across the globe are “exploiting” the coronavirus outbreak “to push for no-strings-attached corporate bailouts and regulatory rollbacks,” and urges working people worldwide to resist such efforts and demand real support from political … Continue reading ‘We Know This Script': Naomi Klein Warns of ‘Coronavirus Capitalism’ in New Video Detailing Battle Before Us
BY JESSICA CORBETT Amazon, Apple, Facebook, Google, Microsoft, and Netflix have collectively dodged over $100 billion in global taxes so far this decade, according to an analysis released Monday by a U.K.-based tax transparency campaign group. Later this week, the Fair Tax Mark plans to publish its full report on the tax conduct of the companies, … Continue reading New Analysis Details ‘Aggressive’ Tax Dodging of Six Silicon Valley Giants—Totaling Over $100 Billion
BY CHRISTIAN SARKAR and PHILIP KOTLER Maybe they’ve been spooked by Bernie Sanders and Elizabeth Warren. Or maybe they decided that it’s time to reclaim the political conversation before America turns full-fascist. Whatever the reason, the CEOs of this great nation published their own manifesto under the august umbrella of the Business Roundtable. In it, they finally … Continue reading “Now that CEOs found purpose, what are they going to do with it?”
BY ABBEY STEMLER, Indiana University; JOSHUA E. PERRY, Indiana University, and TODD HAUGH, Indiana University Uber’s business model is incredibly simple: It’s a platform that facilitates exchanges between people. And Uber’s been incredibly successful at it, almost eliminating the transaction costs of doing business in everything from shuttling people around town to delivering food. This is … Continue reading How Uber and other digital platforms could trick us using behavioral science – unless we act fast”
BY TRIS DYSON, Nesta and PIOTR GIERSZEWSKI, Nesta Challenge prizes – which offer a cash incentive to those working to solve a particular problem – are becoming a force for change by allowing entrepreneurs and innovators, often overlooked by existing grant and procurement systems, to develop solutions to the world’s greatest problems. They have a … Continue reading How to change the world and solve global problems – with cash prizes
BY BRENDAN BARRETT, Osaka University Walking down the high street of a place described as one of the UK’s most ethical towns, the first thing you notice is the absence of national chain stores and fast food outlets. Instead, you find a diverse mix of independent shops selling organic food, clothes, art, antiques and furniture, as … Continue reading Demise of Totnes pound won’t stop this English town pushing back against austerity
BY PHILIP KOTLER – A recent news item mentioned that a group of 18 ultra-wealthy Americans including George Soros and Abigail Disney and members of the Pritzker and Gund families published an open letter asking presidential candidates to support a moderate wealth tax of 1 percent. The wealth tax revenue would be used to fund environmental initiatives, fuel economic growth, and … Continue reading Can Billionaires Save America?
By PHILIP KOTLER – Donald Trump drew many followers based on believing that the next President should be a business leader, not another run-of-the-mill politician. Business leaders understand the real world, work well with people, know how to manage payroll, are decisive, and get things done. Now we have enough information about Trump’s past business … Continue reading Is Trump a Fake Business Leader?
by PHILIP KOTLER – Revolutions occur when the income and wealth gap between the rich, the middle class and the poor reaches a boiling point. We may be near the boiling point. This gap launched the Russian Revolution of 1917. Social injustice led to Castro’s takeover of Cuba and Mao Tse Tung’s takeover of China. The picture … Continue reading What To Do About The Growing U.S. Income Gap Between The Rich And Everyone Else
by PHILIP KOTLER and CHRISTIAN SARKAR – For some time now we’ve been saying that the wheels have fallen off our democracy. Things aren’t looking good around the world. The Guardian reports the world’s 26 richest billionaires own as many assets as half the planet. 26 plutocrats own as much wealth as 3.8 billion people. Welcome to serfdom. And … Continue reading The Flywheel of Corruption: Why Our Democracy Isn’t Working
Let’s drop the dead-end debate of capitalism versus socialism and focus on choosing terms that capture what we really mean—an open, fair, and accountable market essential to real democracy. by FRANCESS MOORE LAPPE My headline poses a question I struggle with. “Capitalism” refers to an economy driven by owners of private capital, typically with the aim … Continue reading “I’m a Capitalist,” Says Warren…But Why?
BY PHILIP KOTLER – No democracy is perfect. Some democracies work better than others. Swiss democracy works well. Canada’s democracy works pretty well. American democracy has fallen on hard times. In 2016, I published Democracy in Decline in which I cite many problems and solutions. We have voter suppression and low voter turnout. We let politicians choose their … Continue reading “Let Us Fix American Democracy”
BY JON QUEALLY – “I mean we can talk for a very long time about all these stupid philanthropy schemes… But we’ve got to be talking about taxes. That’s it. Taxes, taxes, taxes. All the rest is bullshit in my opinion.” While the private jets have mostly left the airport outside of Davos, Switzerland following the … Continue reading Historian’s Advice to Davos Elite Worried About Pitchforks: ‘Stop Talking About Philanthropy’ and Start Paying Higher Taxes
BY JAKE JOHNSON – In a bid to loosen the stranglehold corporate money has on the political process and “restore democratic power to the American people,” a bipartisan group of House lawmakers on Thursday introduced a constitutional amendment to overturn the Supreme Court’s deeply unpopular 2010 Citizens United decision. “Let’s not mince words here—for too long, … Continue reading In Bid to ‘Get Big Money Out of Politics,’ House Lawmakers Introduce Constitutional Amendment to Overturn Citizens United
BY PHILIP KOTLER – The low-income working class is one of the largest groups in America. You can spot its members working at Wal-Mart or McDonalds, in large or small factories, in clerical jobs, and toiling in agricultural areas. This group includes single individuals, unmarried co-habitors, married childless couples, and families. The common denominator is that they … Continue reading The Suffering Working Class – What Can Be Done?
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
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
BY MARK BLESSINGTON – The US has high income inequality compared to other large economies. While income inequality in the US is close to China, it is rising in the US while declining in China. Many studies use the Gini statistic to measure income inequality. A Gini of 100% represents maximum income disparity, and a Gini … Continue reading What Drives US Income Disparity?
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?
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
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
BY PHILIP KOTLER – Donald Trump was elected U.S. President one year ago. He gave his first State of the Union address on January 31, 2018, lauding all the positives of his record. But what has he actually accomplished? What damage has he done? What role has been played by his personality quirks? Trump attracts both lovers … Continue reading Trump’s One-Year Scorecard
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
BY PHILIP KOTLER – We all grew up in a world of work. To live, we had to work. And there was much work to do. We trusted that there will always be jobs requiring workers. Today a new disruption has taken place in our job picture. The robots are coming! Most of us were not well … Continue reading Life, Death, and Taxes in a Jobless World
BY PHILIP KOTLER – The answer to the question depends on who you ask. CHRISTIAN SARKAR Capitalism Works For Me! True/False, 2011 (aluminum and electrical) by Steve Lambert How well is American Capitalism working? The answer to the question depends on who you ask. If you ask America’s corporate executives, their answer is that American … Continue reading How Well is American Capitalism Working?
BY PHILIP KOTLER – This country badly needs serious and comprehensive tax reform but it is not likely to get it. The Republicans couldn’t get health reform or immigration reform and they are not likely to get tax reform. Their bills are always flawed by insisting on proposals without Democratic participation. Although the Republicans have … Continue reading The Nightmare of Tax Reform
BY CHRISTIAN SARKAR – Even as Houston slowly recovers from Hurricane Harvey, there’s a buzz at the Art Car Museum on Heights Boulevard. Trump THIS! is a thought-provoking exhibition to say the least. It’s the 12th Annual Open Call exhibition… READ all about it in the Huffington Post >>
BY PHILIP KOTLER and CHRISTIAN SARKAR “If you are silent at a moment like this, if you do not condemn the racism you see through whatever channels and avenues you have, you can leave church now because you’re doing church wrong,” – Robert Wright Lee, IV, minister and descendant of General Robert E. Lee The tragic … Continue reading How did we get to Charlottesville?
PHILIP KOTLER – Here is a brief manifesto for our priorities, if we mean to save Democracy in the USA. Free-market capitalism has subverted our democracy. The growth of income inequality has undermined the American Dream. Increasing polarization has destroyed our unity as a nation. The plutocracy must end. We need to produce wealth for … Continue reading A Manifesto for Just Capitalism
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
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?
By PHILIP KOTLER – Why is it that in a rich country like the U.S., poverty continues to affect 50 million citizens, about 15 percent of our citizens? At the other end, the top 0.1% of our citizens receive 40% of all income and own 40% of all our wealth. Numerous studies show that our … Continue reading Is Universal Basic Income Inevitable?
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?
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?
By MARK BLESSINGTON – The Republicans just failed to repeal and replace Obamacare or the Affordable Care Act (ACA). Most explanations miss why the Republican plan failed. The answer comes from answering a key question: Why did ACA insurance rates rise in 2016? The answer is absurdly simple: Because US health insurance companies jacked-up their ACA … Continue reading Fixing Obamacare—the Right Way
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