02 September 19
Joseph Stiglitz | Can We Trust CEOs' Shock Conversion to Corporate Benevolence?
Joseph Stiglitz, Guardian UK
Stiglitz writes: "For four decades, the prevailing doctrine in the US has been that corporations should maximize shareholder value – meaning profits and share prices – here and now, come what may, regardless of the consequences to workers, customers, suppliers and communities."
Joseph Stiglitz, Guardian UK
Stiglitz writes: "For four decades, the prevailing doctrine in the US has been that corporations should maximize shareholder value – meaning profits and share prices – here and now, come what may, regardless of the consequences to workers, customers, suppliers and communities."
EXCERPT:
The first responsibility of corporations is to pay their taxes, yet among the signatories of the new corporate vision are the country’s leading tax avoiders, including Apple, which, according to all accounts, continues to use tax havens such as Jersey. Others supported the US president Donald Trump’s 2017 tax bill, which slashes taxes for corporations and billionaires, but, when fully implemented, will raise taxes on most middle-class households and lead to millions more losing their health insurance. This in a country with the highest level of inequality, the worst healthcare outcomes and the lowest life expectancy among major developed economies. And while these business leaders championed the claim that the tax cuts would lead to more investment and higher wages, workers have received only a pittance. Most of the money has been used not for investment but for share buybacks, which served merely to line the pockets of shareholders and the CEOs with stock-incentive schemes.
Greta Thunberg. (photo: Kena Betancur/AFP/Getty Images)
Greta Thunberg: We Need a 'Concrete Plan' for Climate Action, Not Nice Words
Oliver Milman, Grist
Milman writes: "Unprecedented pressure exerted by young activists will push world leaders to address the unfolding climate crisis, even with a recalcitrant U.S. under Donald Trump."
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Oliver Milman, Grist
Milman writes: "Unprecedented pressure exerted by young activists will push world leaders to address the unfolding climate crisis, even with a recalcitrant U.S. under Donald Trump."
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The Rosie Rally Home Front Festival last month in Richmond, Calif., honored the strides women have made in the workplace. (photo: John G. Mabanglo/EPA-EFE/Shutterstock)
A Labor Day Tribute to Unpaid Labor
Christopher Ingraham, The Washington Post
Ingraham writes: "As the U.S. Department of Labor styles it, Labor Day 'constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.' But there’s one category of labor that tends to get overlooked - the uncompensated labor of moms and dads whose primary occupation is child-rearing and managing their households."
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Christopher Ingraham, The Washington Post
Ingraham writes: "As the U.S. Department of Labor styles it, Labor Day 'constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.' But there’s one category of labor that tends to get overlooked - the uncompensated labor of moms and dads whose primary occupation is child-rearing and managing their households."
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A portrait of José Antonio Elena Rodríguez is displayed on the Nogales street where he was killed. (photo: Anita Snow/AP)
Justice for Jose Antonio: Family Demands Accountability for Mexican Teen Killed by US Border Agent
Democracy Now!
Excerpt: "Nearly seven years ago, 16-year-old José Antonio Elena Rodríguez was killed in Nogales, Mexico, by U.S. Border Patrol agent Lonnie Swartz, who fired his gun from the U.S. side of the border."
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Democracy Now!
Excerpt: "Nearly seven years ago, 16-year-old José Antonio Elena Rodríguez was killed in Nogales, Mexico, by U.S. Border Patrol agent Lonnie Swartz, who fired his gun from the U.S. side of the border."
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Workers striking. (photo: Tobias Jussen/Library of Congress Prints/Messala Ciulla/Unsplash)
Why Is It OK for Employers to Constantly Surveil Workers?
Gabrielle M. Rejouis, Slate
Rejouis writes: "The surveillance of workers and the workplace is far from a modern phenomenon. Like racial minorities, immigrants, and religious minorities, poor and working people have long been disproportionately surveilled by their employers and the government."
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Gabrielle M. Rejouis, Slate
Rejouis writes: "The surveillance of workers and the workplace is far from a modern phenomenon. Like racial minorities, immigrants, and religious minorities, poor and working people have long been disproportionately surveilled by their employers and the government."
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The number of signatures against the U.S. blockade has been achieved in record time. (photo: AVN)
Venezuelans Gather Eight Million Signatures Against US Blockade
teleSUR
Excerpt: "At least eight million Venezuelans added their signatures to a document rejecting the U.S. blockade, which will be presented to the United Nations, according to official reports."
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teleSUR
Excerpt: "At least eight million Venezuelans added their signatures to a document rejecting the U.S. blockade, which will be presented to the United Nations, according to official reports."
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The Amazon burning. (photo: Joao Laet/AFP/Getty Images)
The Destruction of the Amazon, Explained
The Week
Excerpt: "The 'lungs of the earth' are on fire, and shrinking every day. What are the consequences for the planet? Here's everything you need to know."
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The Week
Excerpt: "The 'lungs of the earth' are on fire, and shrinking every day. What are the consequences for the planet? Here's everything you need to know."
READ MORE
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