"Unthinking respect for authority is the greatest enemy of truth."

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Thursday, April 17 2014 @ 01:43 AM CDT

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Walmart Admits: 'Our Profits' Depend on 'Their Poverty'

Capitalism

Although a notorious recipient of "corporate welfare," Walmart has now admitted that their massive profits also depend on the funding of food stamps and other public assistance programs. In their annual report, filed with the Security and Exchange Commission last week, the retail giant lists factors that could potentially harm future profitability. Listed among items such as "economic conditions" and "consumer confidence," the company writes that changes in taxpayer-funded public assistance programs are also a major threat to their bottom line.

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McDonald's Systematically Steals Worker Wages, Lawsuits Claim

Capitalism

Workers in California, Michigan and New York this week filed six new lawsuits against McDonald's claiming they were systematically shorted on pay by the fast-food giant and its franchisees, lawyers involved in the cases said Thursday.

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If the 1% wants class warfare, maybe it's time to start fighting back

Capitalism

The White House administration official who proposed taking on “income inequality” as the dominant theme of Obama’s second term must have thought the move was at least halfway clever: I mean, try as the Right may to argue against the administration’s preferred mechanisms to undo income inequality, honestly, what kind of jerk would straight-up defend it?

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Lack of trickle-down in West Virginia leaves poorest high and dry

Capitalism

CHARLESTON, W.Va. — The ongoing water crisis in West Virginia has revealed the economic inequality in the state, as the richest shrug off inconveniences brought on by the contamination while the poorest struggle to obtain one of life's basic necessities. In the South Hills section of Charleston, where some homes sell for $1 million, residents report few problems finding or affording potable water.

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Plunder Road: CANAMEX and the Emerging Impact of NAFTA, TPP on Western North America

Capitalism

As people across the world honor the twentieth anniversary of the Zapatista Liberation Army rising up in response to the implementation of the North American Free Trade Agreement (NAFTA), resistance continues, most notably against resource extraction and other infrastructure. Meanwhile, what some call “NAFTA on steroids,” the Trans-Pacific Partnership (TPP) is currently pending agreement involving the North American countries and others scattered around the Pacific.

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The EZLN - A Look at its History (Part 1): The Guerrilla Nucleus

Capitalism

It is 1968, the Union of Soviet Socialist Republics (USSR) and the US dispute world hegemony in a disguised war: the "Cold War." In Czechoslovakia, the "Prague Spring" shows the world the authoritarianism and bureaucracy of the "actually existing socialism." The protesters are fighting for a "socialism with a human face," but above all for a democratic one. The response of the USSR and its allies is the invasion of the country. In France the "French May" is evidence - among many other things - of a widespread rejection of the consumer society.

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20 Things the Poor Do Everyday That the Rich Never Have to Worry About

Capitalism

Dave Ramsey probably wasn’t expecting this much pushback when he shared a piece by Tim Corley contrasting the habits of the rich with those of the poor. In her response on CNN, Rachel Held Evans noted that Ramsey and Corley mistake correlation for causality when they suggest (without actually proving) that these habits are the cause of a person’s financial situation. (Did it never occur to them that it might be the other way around?)

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Is Homeland Security Preparing for the Next Wall Street Collapse?

Capitalism

Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup. An article in the Associated Press in February confirmed an open purchase order by DHS for 1.6 billion rounds of ammunition. According to an op-ed in Forbes, that’s enough to sustain an Iraq-sized war for over twenty years. DHS has also acquired heavily armored tanks, which have been seen roaming the streets. Evidently somebody in government is expecting some serious civil unrest. The question is, why?

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US employers slashing worker hours to avoid Obamacare insurance mandate

Capitalism

Avita Samuels has worked at the Mall of America in Minneapolis for the last four years, juggling a sales job with her studies in political science and law at the University of Minnesota. The 24-year-old has been the top sales associate for the last three years and works between 29 and 35 hours a week. But over the past few months, she said, she has watched as friends working in stores around her have their hours and benefits slashed – and she's worried that she will be next.

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The True History of Libertarianism in America: A Phony Ideology to Promote a Corporate Agenda

CapitalismBefore Milton Friedman was earning plaudits as an economic genius, he was a shill for the real estate industry and an early pioneer for big business propaganda known as libertarianism.
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