We’ve all seen those “heartwarming” stories about kids with cancer selling lemonade to pay for their chemo, or janitors being gifted a car because they’ve walked ten miles to work every day for twenty years, or all the other sugar-coated dystopian failures of our capitalist system. In this episode, we’re going to talk about that.Continue reading “How Feel Good Stories Let A Broken System Off The Hook – Second Thought”
Krystal and Saagar talk to author Joel Kotkin about his new book, ‘The Coming of Neo-feudalism.’
Berliners cast their referendum votes on whether to nationalize thousands of housing units owned by real estate giants. After counting all votes, over 56% voted in favor of the measure. Voters in the German capital, Berlin, alongside casting ballots for the makeup of the new German parliament and for their local legislature, also took part in aContinue reading “Germany: Berlin locals vote to expropriate real estate giants”
A new report from research firm Wealth-X found that the number of global billionaires rose above 3,000 in 2020. It’s a first, per the report, with billionaires around the world increasing their collective wealth by 5.7%. Wealth taxes have been floated as one way to redistribute wealth and address pandemic inequity. The pandemic was aContinue reading “The number of billionaires grew by 13.4% in 2020 – making the pandemic a ‘windfall to billionaire wealth’”
In which John Green teaches you about the New Deal, which was president Franklin D. Roosevelt’s plan to pull the united States out of the Great Depression of the 1930’s. Did it work? Maybe. John will teach you about some of the most effective and some of the best known programs of the New Deal.Continue reading “The New Deal: Crash Course US History #34”
We all love a good dystopian movie, but at what point do we have to start considering real life dystopian? In this episode, we’re taking a look at some troubling trends in the US, and by extension the rest of the world.
Vectura withdraws support for Carlyle deal UK firm recommends Philip Morris offer Deal is second by Philip Morris in a week Shares jump 14% Tobacco group Philip Morris International agreed on Friday to buy Vectura (VEC.L) for 1.05 billions pounds ($1.44 billion), giving the U.S. firm access to the British drugmaker’s respiratory ailment treatments and inhaling deviceContinue reading “Cigarette maker Philip Morris to buy UK producer of respiratory treatments”
Some U.S. shifts canceled for Tuesday, Facebook posts show Sunday attack forced JBS to shut down some IT systems A cyberattack on JBS SA, the largest meat producer globally, has forced the shutdown of some of world’s largest slaughterhouses, and there are signs that the closures are spreading. JBS’s five biggest beef plants in the U.S.Continue reading “One-Fifth of U.S. Beef Capacity Wiped Out by JBS Cyberattack”