Economics
Slavery reparations: there’s little legal basis to make companies pay for historic actions
Two major British businesses have said they will make undisclosed payments to black and minority ethnic groups to atone for their past owners’ involvement in the transatlantic slave trade. Pub group Greene King and insurance broker Lloyd’s of London have both apologised…
As Trump Sows Division, Poor People’s Campaign Ignites ‘Transformative Action’ to Address Interwoven Injustices
“Those in power today want nothing more than to stop this kind of movement,” said Rev. Dr. Liz Theoharis. By Andrea Germanos – Common Dreams Hours before President Donald Trump held a Saturday evening rally in Tulsa, Oklahoma, where he gave self-congratulatory,…
If We’re Going to Defund Militarized Police Departments, Why Not Add the Pentagon?
The U.S. military’s budget, like so many police department budgets, is bloated, and diverts our tax dollars into forces of domination and violence. Now is the time to question our spending priorities at the local and federal level. By Sonali…
U.S. Trails World in Coronavirus Response and Almost Everything Else
Data from around the world on how nations are handling Coronavirus makes clear that, as in most things (this claim is documented below), the United States is exceptionally awful. Among wealthy countries, only Sweden, which has chosen to intentionally allow the disease…
Russia’s Participation in G7 Summit Sparks Debates
By Kester Kenn Klomegah The rescheduling of the Group of Seven (G7) summit from late June to September and Russia’s participation alongside with Australia, India and South Korea has sparked discussions among both Russian officials and experts. The Kremlin reported…
‘Unacceptable threat’ and ‘provocation’: European nations fume after US pulls out of talks on global digital tax
European nations have blasted Washington’s decision to pull out of talks on a major overhaul to the taxing of digital giants, which currently move profits into low-tax havens from the places where those profits are actually made. The plan to…
Poor People’s Campaign Action: Assembly and Moral March on Washington
On Saturday, June 20, 2020, The Poor People’s Campaign: A National Call for Moral Revival will demonstrate the power of poor people to be agents of change in not just one election, but at the very heart of this democracy. …
Time to ‘Reinvest in People’ and ‘Cut Weapons of War’: Barbara Lee Unveils Plan to Cut Up to $350 Billion From Pentagon
“Redundant nuclear weapons, off-books spending accounts, and endless wars in the Middle East don’t keep us safe.” By Jake Johnson, staff writer – Common Dreams Demanding that Congress “prioritize our safety and our future, not more war,” Rep. Barbara Lee…
Angela Davis on Abolition, Calls to Defund Police, Toppled Racist Statues & Voting in 2020 Election
Amid a worldwide uprising against police brutality and racism, we discuss the historic moment with legendary scholar and activist Angela Davis. She also responds to the destruction and removal of racist monuments in cities across the United States; President Trump’s…
Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’
Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’ By Eoin Higgins, staff writer – Common Dreams Fossil fuel giant BP announced Monday it will write down nearly $18 billion in…
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