Economy

Junior doctors vote to strike

Some 98 percent of junior doctors voted in favour of a strike and 99 percent in favour of action just short of a full strike. Over two-thirds of the workforce (37,700 junior doctors) were balloted and 76 percent of these participated in the ballot.

590 Suicides Linked To Fit-For-Work Tests

Hundreds of suicides and thousands of prescriptions for anti-depressants are directly linked to the government’s “fit -for-work” assessments, a study by Oxford and Liverpool universities showed yesterday.

In total, it showed that the Tories’ work capability assessment policy could be associated with 590 suicides, 279,000 mental ill-health cases and 725,000 prescriptions for anti-depressants across England between 2010 and 2013.

‘No one is left to speak for me.’

The systematic redistribution of wealth from the poorest to the richest which began under Thatcher, continued under Blair and currently is increasing at a pace under Cameron, is emblematic of the relationship between welfare state retrenchment and the notion of the role of the state as facilitator of welfare handouts to the corporate sector. Farm subsidies, public sector asset stripping, […]

The Most Brazen Corporate Power Grab in American History

These three agreements solidify the creeping corporate coup d’état along with the final evisceration of national sovereignty. Citizens will be forced to give up control of their destiny and will be stripped of the ability to protect themselves from corporate predators, safeguard the ecosystem and find redress and justice in our now anemic and often dysfunctional democratic institutions.

Beyond Dystopian Visions in the Age of Neoliberal Authoritarianism

George Orwell’s nightmarish vision of a totalitarian society casts a dark shadow over the United States. As American society has moved from a welfare to a warfare state, the institutions that were once meant to further justice and limit human suffering and misfortune and protect the public from the excesses of the market have been either weakened or abolished.

100,000 British children will be homeless this Christmas

The report by homelessness charity Shelter found the number of children who will be homeless on Christmas morning has risen by more than 15,000 on last year. This is equivalent to four youngsters in every UK school.

It also found the number of children living in temporary accommodation is at the highest level since 2008, and is predicted to hit 105,251 by the end of 2015.

University Fees In Britain Doubles Prostitution

In one part of the study the owner of a massage parlour in Leeds who admitted employing large numbers of students, remarked, that in her day, people went to University in order to avoid this kind of life – whereas now they lead this kind of life in order to go to University.

Irony indeed. And one the government, the universities and banks should be utterly ashamed of.

Offshoring the Economy: Why the US is on the Road to the Third World

The scarcity of jobs and the low pay are direct consequences of jobs offshoring. Under pressure from “shareholder advocates” (Wall Street) and large retailers, US manufacturing companies moved their manufacturing abroad to countries where the rock bottom price of labor results in a rise in corporate profits, executive “performance bonuses,” and stock prices.

How Obama Could Beat the Debt Ceiling and Go Out a Hero

If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way.