Imperial Recovery and “Disappearing Workers”: Imperialism Expands, Living Standards Decline

Imperial Recovery and “Disappearing Workers”: Imperialism Expands, Living Standards Decline

Nero played his fiddle, Obama shot baskets and Trump twittered while their empires burned. What makes empire decay and what makes empires expand has everything to do with their relations between rulers and the ruled. Several factors are decisive. These include: (1) rent, land and housing, (2) the direction of living standards, (3) the rise…

‘Billionaire Boom’: While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, Nada

‘Billionaire Boom’: While World’s Richest 1% Took 82% of All New Wealth in 2017, Bottom Half Got Zero, Zilch, Nada

A new billionaire was created every two days last year and now, according to Oxfam, just 42 individuals own as much wealth as the world’s poorest 3.7 billion people. Call it the ‘Year of the Billionaire.’ In 2017, a new billionaire was created every two days and while 82 percent of all wealth created went…

Humanity and Sludge: Mass Poverty in India. To Give Up Is to Give In: To Give In Would Be to Let Them Win

Humanity and Sludge: Mass Poverty in India. To Give Up Is to Give In: To Give In Would Be to Let Them Win

It would be easy to say, “to hell with India.” It is easy to say, “to hell with India.” To hell with the whole squalid scene of humanity crawling through its own sludge. From Theni, across the southern belt with its searing heat, with its endless advertisements for cement across to Madurai and beyond. Yes,…

The Myth of India as an Upcoming Asian Economic Powerhouse. Rising Poverty and Social Inequality

The Myth of India as an Upcoming Asian Economic Powerhouse. Rising Poverty and Social Inequality

A common myth around the world is that, India is developing country at a very rapid pace and going to be a powerhouse in Asia soon. Some even argue we should learn from them and some argue independence should have never happened and we would have been a better off with India rather than independent….