Bernie Sanders and Yanis Varoufakis announce Progressives International, to counter rising ultra-nationalism

Bernie Sanders and Yanis Varoufakis (previously) (the "libertarian Marxist" former Greek finance minister who split with his party and resigned over their embrace of austerity) have announced the formation of a new global organizations called "Progressives International," designed to serve as a check to the rising cult of ultra-nationalist authoritarian groups. Read the rest

Nobel-winning economist Joe Stiglitz on how the US economy became a "rigged, inherited plutocracy" and how to fix it

Writing in Scientific American (!), Nobel-prize-winning economist Joseph E Stiglitz (previously) describes the US economy as an "inherited plutocracy" that's "rigged" to shift an ever-greater share of the national wealth to the very richest people: Stiglitz blames the rigging on Ronald Reagan's dismantling of antitrust enforcement, inheritance tax, and other progressive measures 40 years ago -- and says that the orthodox economic apologists for economists who attribute inequality to globalism or other factors are wrong and unsupported by evidence. Read the rest

NYT: Saudi Arabia's Prince Charming was Mister Bone Saw all along

Everybody knows that Saudi Arabia's Crown Prince Mohammed bin Salman ordered the brutal killing and dismemberment of journalist Jamal Khashoggi (everybody, that is, except the Trumps, who coincidentally do a lot of business with the House of Saud) and the lurid brutality of that murder has prompted calls for western businesses to reconsider their increasingly cozy relationship with Mohammed bin Salman. Read the rest

Bernie Sanders on fighting global authoritarianism

Bernie Sanders -- who seems to have kicked off a 2020 presidential bid -- writes about the terrifying global parallels to Trumpism, from Japan to the Philippines to Hungary to Turkey and beyond, and talks about how an international solidarity movement has to advance a positive agenda of how the world can be taken back from looters and environmental crisis as a global tonic to these dictators-in-waiting. Read the rest

New Sanders bill: If a bank is too big to fail, it's too big to exist

In 2008, the Bush and Obama administrations both argued that they had a duty to transfer more than $700,000,000,000 of American taxpayers' money to the largest banks in the country, because these banks were "too big to fail" and allowing them to collapse would do much more harm than a mere $0.7 trillion subsidy. Read the rest

Modern Monetary Theory: why government spending isn't like household checkbooks

You know the drill: someone proposes something utterly commonsense, that has been done all over the world (say, universal healthcare) and the next thing you know, someone's shown up to shout "Who will pay for it?!" Read the rest

2018's Blue Wave needs to take down Trump, and the right-wing establishment of the Democratic Party

California's Democratic Governor Jerry Brown repeatedly vetoed universal healthcare after the state legislature voted it through; Democratic state majorities in NY, CT and NJ refused to enact legislation to close the "carried interest" tax loophole that makes billions for hedge-fund managers; Rhode Island Democrats went on a slashing spree, taking down pensions for teachers, firefighters and other public servants while the finance-affiliated state treasurer funneled the pension funds into her pals' underperforming hedge funds; Democrats in NJ gutted the tax bill to give millionaires an easy ride; New York Democrat Governor Andrew Cuomo shut down the state anti-corruption commission, only to have his top aide busted for being horrifically corrupt. Read the rest

The Democratic Party is surging thanks to leftist policies, but its leadership are convinced they have to stop it

There's one thing that Democratic and Republican leaders agree on: that left-wing policies like Medicare for all are bad news for the Democratic policy -- the only people who disagrees with them are voters, who overwhelmingly support these policies. Read the rest

Majority of young Americans distrust capitalism, embrace socialism

Who likes socialism and mistrust capitalism? Democrats and young people, who are mostly the same people. Read the rest

None of the Above won the 2016 election

Pew's latest very detailed survey of voting patterns in 2016 goes the extra mile, by validating whether recipients actually cast a ballot, thus forming a picture of who voted, who didn't, and what policies nonvoters favored. Read the rest

Disneyland will raise park employees' minimum wage to $15

Six weeks after Bernie Sanders rallied Disneyland employees to call for a $15/hour minimum wage, the company has announced that the minimum wage will rise from $11/h to $13.25 today, and again to $15 on Jan 1, and again to $15.45/h in June 2020 -- homelessness is rampant among Disneyland employees, and Disney had engineered a longrunning complete takeover of the local government, raking in hundreds of millions in breaks and subsidies, until, finally, anti-Disney candidates attained a majority in 2018. Read the rest

Universal basic income vs jobs guarantees: which one will make us happier?

Two competing (or, possibly, complementary?) proposals for resolving income inequality and the hole that four decades of demand-side Reaganomics has dug us into are Universal Basic Income and a federal jobs guarantee (the former being a kind of "venture capital for everyone" that provides enough money to live without having to work for an employer; and the latter being a guarantee of a good, meaningful job of social value in sectors like infrastructure, education and caring professions). Read the rest

60 Congressional Democrats form a Medicare For All caucus

When Bernie Sanders made a bid for the Democratic presidential candidacy in 2016 with a pledge of "Medicare For All," the party establishment (coffers fattened with money from the health insurance industry) claimed that the policy was a nonstarter that would never find popular support. Read the rest

They said Alexandria Ocasio-Cortez's message wouldn't play in the midwest, now she and Bernie are headed to Kansas

Kansas is an Ayn Randian dystopia of voter suppression, measles epidemics, Handmaid's Tale fanfic masquerading as law, Isalmophobic terrorist cells, voting machine shenanigans, and economic collapse, all thanks to the far-right ideologues who paid for and control the state's legislature. Read the rest

Bernie Sanders was not amused by Sacha Baron Cohen's disguised character

You've probably seen the video clip from Who Is America? in which comedian provocateur Sacha Baron Cohen easily convinces right wing politicians and lobbyists to express their support for giving guns to four-year-olds. Here's another clip with Cohen's character trying to explain a mathematically unsound proposal to Bernie Sanders, who patiently explains why the proposal move the 99% into the 1% won't work. Read the rest

Bernie Sanders' New Deal: ending involuntary unemployment with guaranteed $15/hour infrastructure jobs

Bernie Sanders has a plan to solve America's wage stagnation and its long-neglected infrastructure: tax the super-rich and massively profitable corporations, then use the money to fix the multi-trillion-dollar infrastructure overhand left behind by decades of neglect, and hire Americans at $15/hour, plus full healthcare, to do the work. Read the rest

Oklahoma teachers walk out, sensing weakness from GOP legislators who caved on taxing the oil industry

Oklahoma teachers will walk out en masse this coming Monday, despite a historic agreement from the ailing state legislature to give them a long-overdue pay raise which will be paid for by increasing taxes on the state's previously untouchable oil and gas industry. Read the rest

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