Top Editorial Picks – Capitalism
The Retirement Gamble
FRONTLINE's Retirement Gamble raises disturbing questions about how America’s unregulated mutual funds and financial institutions fail to protect retirement savings through excessive management fees.
Encore: Taming Capitalism Run Wild
From: MOYERS & COMPANY
Economist Richard Wolff talks about battling rampant capitalism and fighting for economic justice. A Professor of Economics at the University of Massachusetts, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. Read more at MOYERS & COMPANY
Wealth Inequality Video Goes Viral
The issue of wealth inequality across the US is well known, but this video shows you the extent of that imbalance in dramatic and graphic fashion. The viral video on Mashable relies heavily on a 2011 Mother Jones article and information from CNNMoney and ThinkProgress, and challenges the relationship between free market capitalism and community values.
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Books of the Month
The Age of Acquiescence:
The Life and Death of American Resistance to Organized Wealth and Power | By Steve Fraser
Do you ever wonder how the economy became so bad for the average American worker and college grad? Is it the government? Maybe, but Steve Fraser, a labor historian, shows that our current economic hardship is traced to the moral behavior of the banks, financial institutions and the elite rich in a second Gilded Age.
The resulting new economy of low (slave) wages and entailing social problems where capital has no home or community, serves only the top one per cent. The government and democracy, now bought by big business, has become complicit as a “nanny state” for the wealthy corporations and individuals while the rest of us are subject to market forces. See NY Times Book Review and reviews on Amazon
A Call to Action
Women, Religion, Violence, Power | By Jimmy Carter
Calling it the number one challenge in the world today, Jimmy Carter's new book "A Call To Action," urges the end of discrimination and abuse against women. Although discrimination is not new, Carter argues the scale is historically unprecedented, from slavery to rape and infanticide to honor killings.
In our modern era, where violence affects women disproportionately, Carter maintains that a commitment to universal human rights is desperately needed and both in the US and abroad. He challenges the erroneous religious interpretations of the roles of women in the Bible and Koran that facilitate violence and calls for a historical understanding of the religious text that underpins the Universal Declaration of Human Rights. Read More On the Carter Center.
Almost two years ago a robot called Philae became a household name after it succeeded in making a difficult – and bouncy – landing on a moving comet. Now the robotic European Space Agency (ESA) lander will have its electrical … Continue reading
Nairobi (AFP) – Young supporters of Burundi’s ruling CNDD-FDD party have raped women with perceived links to political opponents ever since unrest began to flare there in 2015, Human Rights Watch said Wednesday. The party’s “Imbonerakure” youth wing — whose … Continue reading
Manchester City are in talks with Everton over the possible signing of… Continue Reading »
Berlin (AFP) – A suitcase exploded outside a migrant reception centre in southern Germany Wednesday, police said, adding there was “no indication” there was a bomb inside. The blast occurred about 200 metres (yards) from the centre in the Bavarian … Continue reading
Celtic emerged from a testing visit to Astana… Continue Reading »
Miami (AFP) – US presidential candidate Donald Trump insisted Wednesday that he had “nothing to do with Russia” after Democrats accused Moscow of trying to help the Republican nominee win the November general election. “I have nothing to do with … Continue reading
Washington (AFP) – The international coalition fighting the Islamic State group has opened a formal investigation to determine whether its air strikes last week near the Syrian city of Manbij claimed civilian lives, a spokesman said Wednesday. The main Syrian … Continue reading
Geneva (AFP) – The head of the World Trade Organization said on Wednesday he would not get involved in a slanging match with Donald Trump after the US presidential candidate suggested withdrawing from the WTO. Trump, having earlier threatened to … Continue reading
The Ice Bucket Challenge that went viral two years ago, raising hundreds of millions of dollars, has helped identify a new gene behind the neurodegenerative disease ALS, or Lou Gehrig’s disease, researchers say. The challenge involved people pouring ice-cold water … Continue reading
The patient had made an appointment to see the surgeon at his consulting room in the local hospital, but when he arrived, he told Dr Antonio Carbonell he wasn’t actually unwell. He wanted to talk about his mortgage. Carbonell works … Continue reading
Brussels (AFP) – The European Union on Wednesday handed Poland’s rightwing government a three-month deadline to reverse changes to its Constitutional Court or face sanctions for breaching EU norms on the rule of law and democracy. The move is the … Continue reading