J

@jlloyd4
162 Followers
405 Following
82 Posts

Since the word ‘socialism’ is apparently so terrifying, let me be clear: Every advanced country on planet earth pools resources for the common good.

This is how a society functions.

https://www.youtube.com/watch?v=xq02yuY4wDQ&ab_channel=RobertReich

Socialism Fear-mongering is Bananas | Robert Reich

YouTube

365-to-1: The CEO-worker pay ratio at Stellantis

362-to-1: The CEO-worker pay ratio at GM

281-to-1: The CEO-worker pay ratio at Ford

The Big Three CEOs keep pretending they can't afford to pay workers fairly while they themselves are raking in millions off of workers' labor.

We’re now in America’s second Gilded Age, and that’s not good.

https://www.youtube.com/watch?v=Nmq7QqqY4vo&ab_channel=RobertReich

From Robber Barons to Bezos: Is History Repeating Itself? | Robert Reich

YouTube

This is how our government has been corrupted:

1) Donors give huge sums to elect politicians to office.

2) Elected officials rewrite the rules in the donors' favor.

3) Donors make a huge profit.

4) Repeat.

For the sake of democracy, we must get Big Money out of politics.

Bailouts for banks? Fine! Tax cuts for the rich? Sure thing! $800B for the military? No problem! Student debt relief for middle-class and working Americans? But... but... how will we ever pay for it?

Our capitalist rulers, and the politicians they own, are playing the long game. Since the 1950s they have been working steadily to shift the Overton window, to reduce the influence of labor unions, to boost consumerism, and to concentrate wealth and power in the hands of a few.

A large part of that strategy involves privatizing services that used to be (and should be) public.

They're playing the long game, and they are winning — much to the detriment of you and me and the environment we live in.

#Politics #Capitalism #Environment

August wholesale inflation rises 0.7%, hotter than expected

The producer price index was expected to increase 0.4% in August, according to the Dow Jones consensus estimate.

NBC New York

“One year old, US climate law is already turbocharging [investment in and use of] clean energy technology”

https://apnews.com/article/inflation-reduction-act-renewable-energy-policy-economy-d5b0a7f15659930c6c15f0d180b193e8

One year old, US climate law is already turbocharging clean energy technology

Excessive heat continues to bear down on sections of the US, a reminder of the impetus for the The Inflation Reduction Act, the significant climate legislation that turns one year old on August 16.

AP News

“Following #elonmusk ‘s lead, Big #Tech is surrendering to #disinformation
#Facebook and #YouTube are receding from their role (lol as in doing the bare minimum) as watchdogs against #conspiracy theories ahead of the 2024 presidential #election
the #democrats have no plan to track and counter it as most #journalism #journalists have no clue how to investigate it.
#siliconvalley #democracy

https://www.washingtonpost.com/technology/2023/08/25/political-conspiracies-facebook-youtube-elon-musk/

Following Elon Musk’s lead, Big Tech is surrendering to disinformation

Social media companies are receding from their role as watchdogs against conspiracy theories ahead of the 2024 presidential election.

The Washington Post

Will Bunch (@willbunch, but he's unfortunately not active here) is probably the best currently working Big Journalism commentator on where we are headed as a nation.

In this must-read piece, he expresses the contempt for his contemporaries -- who are utterly refusing to do their jobs in the face of incipient American fascism -- that they so richly deserve.

https://www.inquirer.com/opinion/commentary/media-2020-election-trump-authoritarianism-20230827.html

Journalism fails miserably at explaining what is really happening to America

Momentous week of GOP debate, Trump's arrest gets "horse race" coverage when the story's not about an election, but authoritarianism.

https://www.inquirer.com