Capitalism

09/11/19
Author: 
Yoel Minkoff, SA News Editor 
Nov. 8, 2019 

A "green interest rate" is one of the topics on the calendar today as the San Francisco Fed convenes the U.S. central bank's first-ever conference on the "Economics of Climate Change."

The event is so oversubscribed a webcast has been created to meet demand.

05/11/19
Author: 
Luca Celada
California Fires

California is burning. This sentence is all too familiar by now, a kind of mantra that is repeated every year with the onset of “fire season,” when live television broadcasts start to show homes threatened by flames and the wails of fire sirens cutting through the sweltering air.

05/11/19
Author: 
Damian Carrington
A man uses a garden hose to try to save his home from wildfire in Granada Hills, California, on 11 October 2019. Photograph: Michael Owen Baker/AP

Statement sets out ‘vital signs’ as indicators of magnitude of the climate emergency

The world’s people face “untold suffering due to the climate crisis” unless there are major transformations to global society, according to a stark warning from more than 11,000 scientists.

“We declare clearly and unequivocally that planet Earth is facing a climate emergency,” it states. “To secure a sustainable future, we must change how we live. [This] entails major transformations in the ways our global society functions and interacts with natural ecosystems.”

04/11/19
Author: 
Jessica Corbett
A child takes part in a Global Divestment Mobilisation (GDM) action in Davao, Philippines. (Photo: 350.org/Flickr/cc)
November 4, 2019

The world's leading asset managers, with trillions of dollars under their direction, continue to vote down efforts to address the crisis.

 
 
04/11/19
Author: 
Hannah Ellis-Petersen

3 Nov 2019

Car fumes, industrial emissions and smoke from farms have contributed to pollution crisis

30/10/19
Author: 
Aída Chávez
A PILMA mailer sent to a constituent. Some personal information has been redacted for privacy.Images: Provided to The Intercept

TRADE UNIONS ARE joining the pharmaceutical industry to attack Democrats over their long-anticipated legislation to lower prescription drug prices. The Pharmaceutical Industry Labor-Management Association, or PILMA, a coalition between the biggest pharmaceutical companies in the nation and union construction workers, recently sent out mailers using industry talking points to slam House Speaker Nancy Pelosi’s signature drug-pricing plan.

29/10/19
Author: 
Julia Conley
Participants hold a "Kill Capitalism" banner while marching through Central Park in New York City. (Photo: Erik McGregor/LightRocket via Getty Images)

Critics blame poll results on 'historical amnesia,' while progressive observers say millennials associate socialism with strong social welfare systems

October 28, 2019

A survey released Monday revealed that 70 percent of U.S. millennials—those between the ages of 23 and 38 in 2019—would support a socialist candidate for president, a result which a number of progressives viewed as an outgrowth of the damage wrought in recent decades by neoliberal capitalism and the ruling corporate order.

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