Demowp

Tag: Economy

  • Scandal in Tasmania: The Edifice Sports Complex Runs Amok

    Profligate, a betrayal of public service, a misspending of state goods, a fiscal barbarism. By any estimation, recent efforts regarding sport in the small Australian state of Tasmania, unmoored from the mainland, distant, and, in many ways, depressed, has become the unexpected centre of a debate: Why on earth should the public purse at both […]

  • The End of an Era

    Why do the International Monetary Fund (IMF), the World Trade Organization (WTO) and the World Bank– three of the most highly regarded international economic organizations-project a bleak road ahead for the global economy? Ominously, the World Bank warns of the possibility of a coming “lost decade” for economic growth. In January of this year, the […]

  • Approximately 26% of U.S. Government Spending Goes to Weapon-Makers

    Approximately 26% of U.S. Government Spending Goes to Weapon-Makers

    The vast majority of the U.S. Government’s purchases are for the military, and most of that is paying for weapons and for enabling America’s troops to use them. For example, in the 3 April 2018 “OMB and Congressional Budget Office estimates of discretionary new budget authority” that “The President signed … into law on March […]

  • One Big Union

    One Big Union

    When the Industrial Workers of the World (IWW aka The Wobblies) was established in 1905, their goal was to see One Big Union formed in the USA. The Wobblies came from the socialist Western Federation of Miners organization led by William D Haywood. Up to that point the major union organization at the time was […]

  • Preparing for War: The Growing Global Military Budget

    US$2.24 trillion is a mighty amount. It’s also a sickening figure when considering the object of this exercise. The flickering tease of war, the promise of bloodshed and an increasingly large butcher’s bill, are inevitable suggestions from such a figure. The scenes are also clear: well-paid suits dazed by theories of the next war; policy […]

  • Give More Bite of the Apple to Charity

    Give More Bite of the Apple to Charity

    Here is a letter that Steve Clifford and I sent to the CEO Tim Cook of Apple corporation, whose percentage of charitable giving relative to its taxable income is astoundingly low as compared to other corporations noted below. Apple should increase its charitable giving. April 24, 2023 Tim Cook, CEO Apple, Inc. One Apple Park […]

  • Poverty and Crisis: Sucking Humanity Dry

    The World Bank says nearly 80% (560 million) of the 700 million people who were pushed into extreme poverty in 2020 due to COVID policies were from India. Globally, extreme poverty levels increased by 9.3 per cent in 2020.  In 2022, it was estimated that a quarter of a billion people across the world would be […]

  • The 75-year Thievery of Joint Tax Returns

    Another tax season has ended, and more than 50 million returns arrived at the Internal Revenue Service marked “Married filing jointly”.  Few of the filers had any idea that joint returns—created in 1948 and modified in 1969—may be the oldest tax inequity in America. They’ve been picking various pockets for 75 years, and there’s little […]

  • The Second Cold War Is More Dangerous than the First

    Twenty years ago, Noam Chomsky published a bestselling book called Hegemony or Survival. Since then, the stark choice he posed has only become more urgent. Depending on how humanity responds to the challenges of ecological destruction and imperialistic war, in the coming decade that terrifying question “Hegemony or survival?” may well be answered. Modern history […]

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