(2021-11-16). 'Build Back Better will worsen inflation': Another lie about the Biden agenda. peoplesworld.org 
The drama over the Build Back Better Act has revealed the power of narrative in our political landscape. It is not enough to put forward policy proposals that actually help people, pay for them with taxes on the wealthiest, and then try to pass those proposals into law. You also need to fight a destructive, …
(2021-11-16). Upend this damaging narrative about spending. nationofchange.org Polls say Americans should love the Build Back Better Act — but most are only hearing talking points about its price tag.
(2021-11-16). Extreme Temperatures from Climate Change Will Harm Workers. cepr.net Policies aimed at addressing the harms of climate change on labor must consider the economic impacts, such as decreased labor productivity and monetary economic losses, and the harms to workers' health.
(2021-11-16). Autumn strike wave pits workers against the corporatist trade unions. wsws.org The resurgence of the class struggle has clearly exposed the real character of the "unions," which are better described as labor syndicates—corporatist instruments of management and the state dedicated to the suppression of working-class opposition.
(2021-11-16). Glasgow's 'Conference of the Polluters' again confirms that global arson needs local fire extinguishers. zcomm.org 'COP26 is a performance. It is an illusion constructed to save the capitalist economy rooted in resource extraction and colonialism.'
(2021-11-16). Australian big business and anti-lockdown movement unite against state government's pandemic bill. wsws.org The hysterical campaign is directed against any, even minimal, public health measures, amid the profit-driven reopening of the economy.
(2021-11-16). The New Inflation Scare Is the Dumbest Thing Since Voodoo Economics. cepr.net Elites are sounding the alarm over threats of inflation in order to block Biden's social spending plan. We shouldn't fall for it.
(2021-11-16). "I am Lenin" — Remembering the Bolshevik Revolution from India. orinocotribune.com By Suryashekhar Biswas — Nov 8, 2021 | In 1917, the worker-peasant alliance in economically-backward Russia began the formation of the first state in the world that truly belonged to the hardworking masses. The Bolsheviks led by Vladimir Lenin, displayed to the whole world that it was possible for ordinary people to achieve self-determination. With counter-revolutionaries, loyalists, monarchists and revivalists attempting to purge Russia from within and imperialists waging war from outside, the tale the first "Really Existing Socialism" began under circumstances of great challenge. Nonet…
(2021-11-16). Economic Update: Germany Shifts Left. roarmag.org On this week's show, Prof. Wolff presents updates on Biden's and the Democrats' fading tax reforms; the German and Austrian political shift to the left; Yale's sell-out to rich donors; how product shortages are often deliberate; wages for housework; and real US food inflation. | You can support this show on
(2021-11-16). Elites buy us off with trivial protections while they raid the common wealth. dissidentvoice.org In these posts I try to highlight how our social, cultural and political structures are rigged to reflect the interests of an economic elite and maintain their power. Because the forces that shape those structures are largely invisible — we mainly notice the people and buildings inside these structures — the way power operates can …
(2021-11-16). "Hell on Earth": Millions of Afghans Face Starvation as U.S. & West Freeze Billions in Gov't Funds. democracynow.org 
Humanitarian and economic conditions are rapidly deteriorating in Afghanistan, where the U.N. estimates that more than half of the population suffers from acute hunger. The country has fallen into an economic crisis after the U.S. and other Western countries cut off direct financial assistance to the government following the Taliban takeover in August. Taliban leaders are also unable to access billions of dollars in Afghan national reserves that are held in banks overseas. "Forty million civilians were left behind when the NATO countries went for the door in August," says Jan Egeland, secretary general of the Nor…
(2021-11-16). Argentina Expects To Start Servicing The IMF Debt From 2026. telesurenglish.net Argentina's President Alberto Fernandez announced the preparation of the "Multi-year Economic Program for Sustainable Development" (MEPSD) bill, a fiscal policy instrument that will include new payment conditions for the International Monetary Fund (IMF) loans contracted by President Mauricio Macri (2015 -2019). | Related | "The program contemplates the results of the negotiations between our government and the IMF, which…
(2021-11-16). Mexico's President AMLO Slams US Sanctions Against Cuba. telesurenglish.net On Monday, Mexico's President Andres Manuel Lopez Obrador (AMLO) decried the U.S.-led economic blockade against Cuba. | RELATED: | "I think that Cuba should not be isolated, politically speaking. You shouldn't strangle Cubans for deciding to stay in Cuba," Lopez Obrador said, referring to the sanctions the United States has imposed on the island for over half a century. | "I am against the blockade, I think it…
(2021-11-16). Michael Hudson — 'Life and Thought'. mronline.org 
Professor Hudson talked about his formative years, and his turn to economics from music as he found his mentor Terence McCarthy's speech about economics beautiful and asethetic.
(2021-11-16). Native Americans Need to Be Included in Annual Census Reports on Income and Poverty. cepr.net The Census Bureau should report income and poverty data for Native Americans in its annual reports on income and poverty starting in September 2022.
(2021-11-16). Investor Ross Gerber: It's Time For SEC To Investigate Binance, Customers Locked Out Of Accounts. moguldom.com Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, says Binance is being dishonest about why it blocks users from accessing their accounts and he wants the U.S. Securities and Exchange Commission (SEC) to investigate and intervene to protect investors. Gerber's comments came after the platform recently halted withdrawals in a "temporary suspension" that …
(2021-11-16). UPenn Finance Professor Siegel Explains Why Fed Will Toughen Up On Inflation And That's Bad For The Stock Market. moguldom.com The Federal Reserve is likely to change its stance and get tough on inflation, tightening the monetary policy to reign in rising consumer prices that continue to exceed expectations, according to University of Pennsylvania Wharton School finance professor Jeremy Siegel. If the Fed adopts a hawkish stance, it will hurt stock investors who have enjoyed …
(2021-11-16). Rents skyrocket as housing bubble locks people out. greenleft.org.au Home ownership is not an option for many, especially as median house prices are now close to $1 million. Isaac Nellist reports.
(2021-11-16). Bond market turmoil as Wall Street speculation reaches new heights. wsws.org With the Fed's assurances that inflation is "transitory" having been blown out of the water, growing signs of instability continue in the $22 trillion US Treasury market that forms the basis of the global financial system.
(2021-11-16). Should Black America Be Concerned About Hyperinflation Taking Over In The US? moguldom.com If you've been grocery shopping or pumped gas, you already know inflation is here, but should Black America be worried about hyperinflation? Hyperinflation is a series of rapid, excessive, and out-of-control price increases that happens rarely in developed countries when the price of goods and services rises at an annual rate of 1,000 percent or …
(2021-11-16). Sri Lankan finance minister's budget proposals deepen social attacks. wsws.org The budget proposals are a major assault on workers and the poor, with wages frozen amid rising inflation and shortages of essentials, and a full-scale attack on social services and public sector workers jobs and conditions.
(2021-11-16). Video: Capitalism, the climate-change catastrophe and the fight against Australia's anti-democratic electoral laws. wsws.org IYSSE members explain that the environmental crisis is a product of the capitalist system, and its subordination of all aspects of life to the profit interests of a tiny corporate elite.
(2021-11-16). Vaccine capitalism: Moderna takes public money, demands private profit. liberationnews.org 
Despite the ongoing need for emergency action to address the pandemic, pharmaceutical giant Moderna is focused on asserting its property rights over the COVID-19 vaccine. Moderna would like to take full credit — and profit — for the vaccine's invention.
(2021-11-16). Saving Capitalism or Saving the Planet? dissidentvoice.org The UK government's Behavioural Insights Team helped to push the public towards accepting the COVID narrative, restrictions and lockdowns. It is now working on 'nudging' people towards further possible restrictions or at least big changes in their behaviour in the name of 'climate emergency'. From frequent news stories and advertisements to soap opera storylines and …
(2021-11-16). Ecosocialist Bookshelf, November. greenleft.org.au Climate and Capitalism editor Ian Angus presents five new books for reds and greens.
(2021-11-16). 5 Top Factors Why Crypto Is Crashing: Biden's Infrastructure Bill Has New Brokerage Surveillance Requirement. moguldom.com Bitcoin, Ether, and most other top-10 crypto coins have seen selloffs in the last 24 hours with price drops ranging from 7-to-12-percent-plus as a myriad of factors weighs on the market. Bitcoin was trading almost 8 percent lower in the last 24 hours at $60,667, while Ether saw almost a 9.5 percent loss to $4,284 …
(2021-11-16). The People vs. COP26: Time for Politicians, Billionaires to Listen. dissidentvoice.org 
Of all the speeches and political grandstanding at the 2021 United Nations Climate Change Conference in Glasgow (COP26), the words of Mexican President, Andres Manuel Lopez Obrador, were the most profound and least hypocritical. Lopez Obrador raged against the "technocrats and neoliberals" — world leaders who hold the future of humanity in their hands. This was …
(2021-11-16). This Is America #152: Sleydo' on Indigenous Resistance to Coastal Gaslink; Groypers Fail in NYC; #BlackburnTakeover Ends. itsgoingdown.org photo: @M_Tol Welcome, to This Is America, November 15th, 2021. On this episode, we feature an interview with Sleydo', spokesperson for the Gidimt'en Checkpoint about ongoing Indigenous resistance on Wet'suwet'en territory. We then switch to our discussion, where we attack the recent neoliberal hot takes around the last round of elections. All this and more,…
(2021-11-16). Russian state prosecutors try to shut down the leading institution for research into the Great Terror. wsws.org The assault on Memorial, should it be successful, would have chilling consequences. Anyone doing historical research into the crimes of Stalinism and the history of the socialist movement will have to fear immediate state reprisals.
(2021-11-16). Video: No new anti-socialist laws! Defend the SGP! wsws.org The deputy chairman of the Sozialistische Gleichheitspartei (SGP, Socialist Equality Party), Christoph Vandreier, speaks about the importance of the lawsuit against the surveillance of the party by the German secret service.
(2021-11-15). Alex Saab Pleads Not Guilty Before Miami Federal Court. telesurenglish.net During an arraignment hearing held in Miami federal court on Monday, the Venezuelan diplomat Alex Saab pleaded not guilty to a money laundering charge. Through this politically motivated accusation, the U.S. seeks to punish him for helping the Venezuelan government counteract the impact of unilateral economic sanctions. | RELATED: | "I will face the judicial process with full dignity. I did not commit any crime and…
(2021-11-15). Wealthy Liberal Arts Colleges Are Exploiting International Students For Cheap Teaching Labor. popularresistance.org Language assistants at Grinnell can be asked to work up to 20 hours per week, although it's unclear how many hours are actually scheduled for the typical student worker. However, if someone worked 20 hours per week every week for the full academic year (nine months) at $12/hour, they would still only make $9,072. Even including the value of room and board, which the language assistants receive for free, their income is still only $23,470 for the year — about $5,000 less than what is considered a living wage for Poweshiek County, Iowa, where Grinnell is located.
(2021-11-15). Wealthy Liberal Arts Colleges Are Exploiting International Students. popularresistance.org Language assistants at Grinnell can be asked to work up to 20 hours per week, although it's unclear how many hours are actually scheduled for the typical student worker. However, if someone worked 20 hours per week every week for the full academic year (nine months) at $12/hour, they would still only make $9,072. Even including the value of room and board, which the language assistants receive for free, their income is still only $23,470 for the year — about $5,000 less than what is considered a living wage for Poweshiek County, Iowa, where Grinnell is located.
(2021-11-15). Nurses' Strike Signals Kaiser's End As Union Haven. popularresistance.org Across corporate America, relations between companies and their labor unions range from chilly to ice-cold. Not at Kaiser Permanente — the California-based healthcare giant. Kaiser has long been seen as having the nation's best labor-management partnership. Now the partnership finds itself in crisis as 34,000 Kaiser Permanente healthcare workers prepare to strike on Monday, in what would be the largest walkout in this fall's strike wave.
(2021-11-15). US & Israel launch joint cybersecurity force. rt.com 
The US Treasury Department announced a new cybersecurity partnership with Israel's Ministry of Finance, saying that the two nations would work together to protect the global economy from ransomware and other tech-related threats. | The partnership was announced in a US Treasury Department press release on Sunday, which
(2021-11-15). AMLO, Biden, Trudeau To Speak About Economy, Health, Migration. telesurenglish.net Mexico's President Andres Manuel Lopez Obrador (AMLO), U.S. President Joe Biden, and Canada's Canadian Prime Minister Justin Trudeau will meet on Thursday in Washington where they will discuss issues related to economic integration process between their countries. | RELATED: | "The meeting will revolve around three themes: economic relations, migration, and health," AMLO said during his morning press conference. After the bilater…
(2021-11-15). Planning for a New, Better Future. dissidentvoice.org 
As the world prepares to depart 2021 and head into 2022, it is clear that the United States is a declining economic power and that China continues its rapid upward trajectory. While homelessness and poverty sully the debt-laden US, China has eliminated extreme poverty. What is the American response to economic disparities domestically? Institute a …
(2021-11-15). US Business Groups Urge Reducing Tariffs On Chinese Goods. telesurenglish.net In a letter to U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen, about two dozen U.S. business associations led by the U.S.-China Business Council (USCBC) urged President Joe Biden's administration to reduce tariffs on Chinese goods to provide relief to Americans amid rising inflation pressures. | RELATED: | "Tariffs put in place over the last several years continue to disproportionately cause economic harm to U.S. businesse…
(2021-11-15). The Economic Dimension of China-North Korea Relations. journal-neo.org 
Much of the talk about how long the DPRK regime will last under sanctions and the country's "self-isolation" in the wake of the COVID-19 pandemic is rooted in the question of what role Beijing will play in supporting Pyongyang. In 2019, China accounted for about 95 per cent of North Korea's total trade, according to …
(2021-11-15). ECLAC Secretary Barcena To Meet Peru's President Castillo. telesurenglish.net On Monday, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) Secretary Alicia Barcena will meet with Peru's President Pedro Castillo and his ministers. | Related | They will discuss post-pandemic economic policies and the health plan proposed by the Community of Latin American and Caribbean States (CELAC). | Barcena will also meet with the Vice-President Dina Boluarte, Foreign Affairs M…
(2021-11-15). As poverty worsens in Brazil, movements demand action. peoplesdispatch.org Tens of thousands of people across Brazil took part in a 'March Against Hunger' on Saturday, November 13. They were protesting the rising food and energy prices across the country.
(2021-11-15). Wealthy Americans get paid leave. Shouldn't the rest? nationofchange.org The fight to guarantee paid sick time and family leave faces an uphill battle, but advocates aren't giving up.
(2021-11-15). Glasgow Pact Slammed for Betraying the Global Poor Who Suffer Most from the Climate Emergency. democracynow.org 
The U.N. climate summit in Glasgow, Scotland, ended Saturday with over 190 nations agreeing to the Glasgow Climate Pact, which calls on governments to return next year in Egypt with stronger plans to curb their emissions and urges wealthy nations to provide more funds to vulnerable countries in the Global South. It also pushes countries to phase out fossil fuel subsidies and reduce the use of coal, but activists say the final language of the agreement is too weak to meaningfully reduce emissions and limit global heating to 1.5 degrees Celsius, which scientists say is needed in order to avoid the most catastrophic…
(2021-11-15). Glasgow Pact Denounced for Betraying the Global Poor Hurt Most by Climate Crisis. truthout.org 
The U.N. climate summit in Glasgow, Scotland, ended Saturday with over 190 nations agreeing to the Glasgow Climate Pact, which calls on governments to return next year in Egypt with stronger plans to curb their emissions and urges wealthy nations to provide more funds to vulnerable countries in the Global South. It also pushes countries to phase out fossil fuel subsidies and reduce the use of coal, but activists say the final language of the agreement is too weak to meaningfully reduce emiss…
(2021-11-15). GOP senator claims Biden 'intended' record gas prices hike. rt.com 
Joe Biden's administration wants Americans to switch from pickup trucks to electric compacts and is letting gas prices run rampant to coerce fans of gallon-guzzlers, Senator Tom Cotton has claimed. | Speaking to conservative outlet Breitbart News, the Republican senator alleged that rising gasoline prices in the US are "the intended effect of Joe Biden's energy policy," rather than "some accident." | "They want gas to cost $4 a gallon because they want all of us to get out of pickup trucks and SUVs and get into small electric compacts or bicycles or scooters or whatever else Pete Buttigieg takes to work," Cott…
(2021-11-15). GOP senator claims Biden behind gas price hikes. rt.com Joe Biden's administration wants Americans to switch from pickup trucks to electric compacts and is letting gas prices run rampant to coerce fans of gallon-guzzlers, Senator Tom Cotton has claimed. | Speaking to conservative outlet Breitbart News, the Republican senator alleged that rising gasoline prices in the US are "the intended effect of Joe Biden's energy policy," rather than "some accident." | "They want gas to cost $4 a gallon because they want all of us to get out of pickup trucks and SUVs and get into small electric compacts or bicycles or scooters or whatever else Pete Buttigieg takes to work," Cott…
(2021-11-15). California gas prices hit another record. rt.com 
California gas prices have hit a new record high, averaging $4.68 a gallon, as Americans continue to suffer the effects of inflation coupled with ongoing supply chain issues. | Monday marked the second day in a row that America's most populated state broke its own record on gas prices, according to data from the American Automobile Association (AAA). On Sunday, gas prices were averaging $4.67, besting a previous record set in October 2002. | The national average for gas per gallon stands at $3.41 as of Monday — a figure that continues to rise as Americans face the effects of inflation and supply chain iss…
(2021-11-15). We Have Enough Vaccines To Immunize 95% of Venezuelans: Maduro. telesurenglish.net Upon the arrival of 2,5 million Sinopharm vaccines through the COVAX mechanism on Saturday, President Nicolas Maduro announced that Venezuela has already enough doses to immunize 95 percent of the population against COVID-19. | RELATED: | "Despite the sanctions and financial persecution implemented by the United States, we got the money to purchase vaccines," Maduro stated, stressing that humanitarian issues should not…
(2021-11-15). Sueños Sin Fronteras—Reproductive health group helps undocumented women in Texas. peoplesworld.org 
This story is reprinted from The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans—and engages with them—about public policy, politics, government, and statewide issues. The article originally appeared here. Laura Molinar sounds very calm for someone expecting to be sued. Her San Antonio-based organization, Sueños Sin Fronteras de Tejas, offers reproductive health education and …
(2021-11-15). "Modest modifications" to Deere-UAW deal mean more speedup, sweatshop conditions. wsws.org The CIPP incentive pay system has been "modified" to speed up operations, crank out more machines and parts and boost Deere's profits, while offering workers a few crumbs in exchange.