Richest 1% of people own nearly half of global wealth, says report. The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession.
According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value of equity in their home – to be among the wealthiest half of world citizens. However, more than $77,000 is required to be a member of the top 10% of global wealth holders, and $798,000 to belong to the top 1%. “Taken together, the bottom half of the global population own less than 1% of total wealth. Marxism 2013. Cuba to host international LGBT conference for the first time ever.
Cuba will next week host an international LGBT conference for the first time ever.
According to the Washington Blade, more than 400 people from across the world will travel to the communist country, for the sixth International Lesbian, Gay, Bisexual, Trans and Intersex Association for Latin America and the Caribbean (ILGALAC) Regional Conference. News, Views and Rants from the Far Side of the Left. PSL Presidential Candidate Peta Lindsay completes N. California tour. Abrogation of Japan-U.S. Security Treaty Would Open Up New Horizon. Memorial lecture at the 32nd General Meeting of the National Forum for Peace, Democracy and Progressive Unity Friends from throughout Japan, good afternoon.
This year marks sixty years since the Japan–U.S. Security Treaty came into force. The National Forum for Peace, Democracy and Progressive Unity (National Kakushinkon) was inaugurated in 1981 shortly after the then Socialist Party of Japan removed itself from the progressive camp by accepting the Security Treaty and concluding an agreement with another party to isolate the JCP. For Kakushinkon, a unique united front movement consisting of a political party, various organizations, and individuals in support of progressive causes, the abrogation of the Japan-U.S. The Japan-U.S. Serious contradictions of the U.S. military bases in Okinawa exceeding limit of endurance.
Juan Manuel Sanchez Gordillo, Spain's 'Robin Hood' Mayor, Robs Supermarkets, Gives To Poor. * Rogue mayor to begin trek to promote protests * Supermarket sweep wins left-wing mayor support * Uncertain summer fuels discontent By Paul Day MADRID, Aug 15 (Reuters) - A Spanish mayor who became a cult hero for staging robberies at supermarkets and giving stolen groceries to the poor sets off this week on a three-week march that could embarrass the government and energise anti-austerity campaigners.
Juan Manuel Sanchez Gordillo, regional lawmaker and mayor of the town of Marinaleda - population 2,645 - in the southern region of Andalusia, said food stolen last week in the robberies went to families hit hardest by Spain's economic crisis. Child Labor and Mises. Today in a debate on twitter with an Mises touting libertarian; she claimed that government regulation is a bad thing, that only prevents workers from building new businesses and just lines the pockets of government officials.
The debate continued until she came out and said that there shouldn’t be child labor laws. Marx: the return of the giant. Broadcast Yourself. Solidarity with Greek workers. Following the 6 May election earthquake in Greece, which saw a hammering of the pro-austerity parties and a huge rejection of the 'Troika' (European Union, the European Central Bank and the International Monetary Fund), the main parties failed to form a coalition government.
Attempts by the Greek president to oversee a 'national unity' government or to form a 'government of technocrats' also failed. New elections will be held no later than 17 June. The supporters of Xekinima strongly supported the decision by the left-wing party Syriza to refuse to join any government with pro-austerity parties, such as Pasok, the former social democratic party, and the right-wing New Democracy. Syriza (Coalition of the Radical Left) leapt from 4.6% to 16.78% (52 seats), to become the second largest party in the last elections, largely on the basis of its anti-cuts policies and call for a united left government.
Democracy: Hated in America? Get into an argument with a right wing nut job, and it’s likely at some point he will mention how he hates democracy.
It’s true! I honestly don’t remember how many times a conservative has told me in no uncertain terms that they hate democracy. America's Corporations Made A Record $824 Billion Last Year, As Conservatives Claim Obama Is Anti-Business. By Pat Garofalo on May 7, 2012 at 10:50 am "America’s Corporations Made A Record $824 Billion Last Year, As Conservatives Claim Obama Is Anti-Business" A favorite conservative attack on President Obama is that his policies — and even his personality — amount to an assault on American businesses.
“President Obama himself is the most anti-business president in my lifetime. So what the fuck has occupy done so far? May Day marked by protests. Strasbourg Court declares Russia innocent of Katyn massacre. MOSCOW, April 12 - RAPSI.
The European Court of Human Rights found Russia not guilty of the Katyn massacre, the mass execution of Polish nationals in 1940, the Moscow News reported on Thursday with reference to its source. The Strasbourg Court will pass its formal judgment on April 16, but the operative part of the sentence has been already passed. Poland has almost suffered overwhelming defeat in the Katyn case. However, it would be premature for Russia to celebrate the victory as the court declared it responsible for inhuman treatment of some of the applicants. Austerity: Cuts in Common Sense. The stories just keep coming back. Most of them from embattled Greece. Families, unable to care for their children, abandon them. People desperate to find work, just enough to survive, trudge home day after day with empty hands, and empty hearts.
Share photos and videos on Twitter. Outlaw Occupy: US set to strangle protests with jail threats. Libya+before+and+after. Words and the war on women. Latest Afghanistan massacre will be remembered as tipping point in the war. High School Football Stats. Japan: A Colony of the US. At the end of WW2, Japan lay in ruins.
Cities destroyed, industry gone and millions dead. Japan paid the ultimate price of their imperialism and fascism. Fast forward to present day Japan, and much has changed. Japan is now a constitutionally mandated pacifist country. They do not have a military, only a self defense force. Centuries later, and what is the greatest threat to Japan’s status as a peaceful and progressive nation? In a news story from Reuters, they announce that Japan will be cutting oil imports from Iran by 11% as the result of negotiations with the US government. All capitalism is ‘crony capitalism’ Tim : Give a man a gun.... #p2 #... Myths About Socialism: Common Arguments Defeated « The Red Phoenix.
If you’ve expressed interest in socialism at some point in your life, you’ve probably had an encounter ( it can be at a family dinner, at school, the break room at work or any number of other examples) that goes like this: You say something favorable about socialism, anything at all, and someone in the conversation dons a smug, wise-in–the-ways-of–the-world facial expression, then fires off a line of “bumper sticker wisdom.” Some of us have heard these arguments hundreds of times; indeed many of us remember being indoctrinated with these capitalist sentiments since high school. Some can be easily dismissed, but others are so profoundly ingrained that you must examine it from every angle, engaging each layer contained with the statement.
The True Heroes of Libya. It has recently been reported that forces identified as “pro-Gaddafi fighters” have been fighting back against Libya’s National Transitional Council and have taken the town of Bani Walid. Al Jazeera stated that the pro-Gaddafi forces were “well-equipped and highly trained.” [1] Thus, it seems that while the US and NATO may have declared victory over Gaddafi, the people that support him are in the process of confronting the the US led military occupaiton of thier country.
While Western governments may act as if the National Transitional Council has the support of the Libyan people and is the legitimate government of Libya, they are quite incorrect. In addition to the war crimes that were committed by rebels during the US-led war against Gaddafi [2], it is now being reported that according to UN officials, “More than 8,000 pro-Gaddafi supporters are being held by militia groups, amid reports of torture.” [3] Thus, things are not as what they seem.
Notes. US hands off Iran! The Good the Bad. I have a few things to talk about today, so let’s alternate between the good, the bad and the ugly. The Good: In an exciting bit of news from the infamous Huffington Post, Washington State (my home state) has secured enough votes in both houses of the state legislature to legalize gay marriage.
Gov.Christine Gregoire has already promised to sign this bill if passed. If this law passes, Washington will become the 7th state to legalize gay marriage. The human cost of anti-immigrant policy. 2011: a year of attacks on reproductive rights. Health care: infant mortality. Hong Kongâs poor living in cages. Small enclosures line the room, leaving just enough headroom to sit up within the confined walls. Money is as tight as the spaces hidden among multimillion dollar high-rise apartments. In 2009, Australia-based photographer Brian Cassey flew to Hong Kong, where he had discovered people were living in nothing more than cages because of dire economic conditions.
Tim : Found interesting pic: Kno... Why socialism polls well among young people and African Americans. Racist anti-ethnic studies law upheld in Arizona. Hands off the NHS! Link to this page: From The Socialist newspaper, 4 January 2012 Terry Pearce, Save Heatherwood Hospital campaign, personal capacity Marching against NHS cuts and privatisation , photo Paul Mattsson (Click to enlarge) The case for socialism. WE LIVE in a world of shocking inequality. Almost half the world's population--more than 3 billion people, the equivalent of the population of 10 United States--lives on less than $2.50 a day.
The Communist Daily. What is socialism? Fair Housing Advocates Bristle At Banks' Proposals For Foreclosed Homes. Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and investment companies have submitted proposals to the federal government, suggesting ways that they can help manage a program to rent out 180,000 foreclosed homes. PSL School for the Study of Revolution - Winter Schedule. Empty homes and homeless people. Mine owner ordered to pay record settlement. Once again: house burns while fire department watches. Tim : Interesting comic illumina... I Read Some Marx (And I Liked It)
VotePSL. Occupy Oakland Live, Ustream.TV. Ustream © Search Log in / Sign up With Facebook (faster) Log in or sign up with Facebook See what your friends like and watch, get awesome recommendations Instant login, no passwords or With email or username Forgot your password? Don’t have an account? Party for Socialism and Liberation. Money.