Capitalism

Inequality in Emissions: What Does the Data Show?

Put simply, the climate crisis is being caused by the richest class in every country. They’re the ones who are recklessly driving us over the precipice of planetary breakdown. An Oxfam analysis with the Stockholm Environment Institute found the following: The per capita emissions of someone in the top 1 percent is 100 times higher than someone

Capitalism

Why is trickle-down economics still with us?

This gonzo economic theory continues to live on, notwithstanding its repeated failures Within weeks of taking office, Britain’s new prime minister, Liz Truss, and her chancellor of the exchequer, Kwasi Kwarteng, proposed a radical new set of economic measures that echoed the trickle-down policies of Margaret Thatcher and Ronald Reagan – heavy on tax cuts for

Capitalism

We Can Reimagine Our Systems of Ownership and Control

The Left’s agenda has to include three basic commitments: democratize production, decommodify life’s essentials, and defend the public goods we all hold in common. To do that, we have to transform the very idea of ownership. Throughout the pandemic and the period of economic pain it brought, the news cycle has been gripped by a

Capitalism

Republicans plan legal assault on climate disclosure rules for…

The SEC’s proposed new rules, which would require public corporations to disclose climate-related information, have been criticized by industry groups Republican officials and corporate lobby groups are teeing up a multi-pronged legal assault on the Biden administration’s effort to help investors hold public corporations accountable for their carbon emissions and other climate change risks. The