September 7, 2012
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A Tale of Two Economies: Skyrocketing Stock Market for the Rich, Devaluation of Work for the Rest
The rich are making out like bandits in the booming Wall Street economy that is based on profits squeezed out of firing workers, lowering net wages (adjusted for inflation), and outsourcing jobs to exploited labor overseas. There is no crisis in the top 1%; there is only increasing wealth. In that second economy, the financial… Continue reading
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America’s Takeover of the United Nations By Mahdi Darius Nazemroaya
The calls at the Non-Aligned Movement (NAM) summit in Tehran for reforming the United Nations and democratizing the Security Council were not exactly new. These calls for UN reform were embodied by the conference’s dictum of “lasting peace through joint global governance.” These demands have been made over and over again by various countries and… Continue reading