As you are about to see, if honest numbers were being used all of our major economic numbers would be absolutely terrible. Of course we can hope for a major economic turnaround for America under Donald Trump, but we certainly are not there yet.
‘Follow Your Bliss’ – The Tweet That Brought Corporate Journalism To The Brink Of A Nervous Breakthrough
Because the corporate press is about selling products and services to billions of consumers, it is loath to discuss the claim that an authentic, incomparable bliss is located within the human heart, and can be experienced by directing some attention away from external sources of ‘happiness’ to internal feelings in meditation. And yet this has been the assertion of every great spiritual master for thousands of years.
Imagine a Britain, with no NHS (US senators have already said they hope the health service in Britain will be up for grabs in any future deal), ever decreasing job security, ever rising inequality, failing education, transport, policing and other public services. All of this is a new market to be exploited. This is where the EU/US trade deal called TTIP failed. But a post-Brexit trade deal with the US will be as Jean Blaylock from the Independent says, it’s “TTIP on steroids.”
America has the greatest inequalities, highest mortality rate, most regressive taxes, and largest public subsidies for bankers and billionaires of any developed capitalist country.
In this essay we will discuss the socio-economic roots of inequalities and the relation between the concentration of wealth and the downward mobility of the working and salaried classes.
John Rees on the reasons for the Tory debacle and what comes next
With Corbyn, the election campaign proved that there is a huge appetite for his honesty, his passion, his commitment to social justice – at least when audiences got a chance to hear from him directly, rather than having his policies and personality mediated and distorted by a biased and self-serving corporate media.
On Friday morning the vast majority of the world may well have a lot to celebrate, a principled socialist may have defied the ruling-class in becoming the Prime Minister of the world’s fifth largest economy. If this happens the world will never be the same again.
Unless there is a serious challenge, Britain is set to increasingly promote a failed model of international trade that will impoverish developing countries still further. It will also likely pursue an aid strategy that supports corporations, neo-liberal economic objectives and wider British foreign policy.
The Euro is murdering the nations and economies of the EU quite literally. Since the fixed currency regime came into effect, replacing national currencies in transactions in 2002, the fixed exchange rate regime has devastated industry in the periphery states of the 19 Euro members while giving disproportionate benefit to Germany. The consequence has been a little-noted industrial contraction and lack of possibility to deal with resulting banking crises. The Euro is a monetarist disaster and the EU dissolution is now pre-programmed as just one consequence.
The mismanagement of the UK economy by both the New Labour and Tory governments’ that followed the global crash of 2008 led to the poorest and weakest in society disproportionately picking up the pieces by way of savage cuts and austerity resulting from this incompetency.
If a country or region has no power to devalue, and if it is not the beneficiary of a system of fiscal equalisation, then there is nothing to stop it suffering a process of cumulative and terminal decline leading, in the end, to emigration as the only alternative to poverty or starvation.
Across the Continent, the unelected officials who have usurped the power of national governments and asserted their right to determine the fates of countless millions, through their adherence to the damaging creed of neoliberalism, have wrought suffering on an unimaginable scale, casting millions into poverty and removing the last vestige of dignity people cling to in an economy that has fallen prey to the voracious claims of big business.