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Can Capitalism Be Fixed? - Vimarsana News

Can Capitalism Be Fixed?

Illustration by Tim Robinson. The 2008 financial crisis is widely credited with reviving the American left, from the tent cities of Occupy Wall Street to the proliferating chapters of the Democratic Socialists of America. Yet it is not just street protesters and millennial Marxists who have put capitalism under scrutiny: Liberal pundits and policy-makers have also become analysts of capitalism’s ailments. Since Thomas Piketty’s 2013 breakout hit, Capital in the Twenty-First Century, the publishing industry has churned out new books on capitalism, inequality, and economics at a furious p...

'Silent crisis' of male suicide rates getting worse across Canada - Vimarsana News

'Silent crisis' of male suicide rates getting worse across Canada

Article content The hidden epidemic of male suicide is growing worse, intersecting with escalating deaths from opioid overdoses. “There’s a silent crisis in men’s health that’s killing men in staggering numbers,” said Prof. John Ogrodniczuk, director of the psychotherapy program in the psychiatry department at UBC. “It’s not cancer, it’s not heart disease, it’s not liver disease — it’s suicide. When you look at the numbers, it’s like ‘Wow.’ ” We apologize, but this video has failed to load. Try refreshing your browser,...

UN Chief Wants To Slap Billionaires With Wealth Tax Over Pandemic Profits - Vimarsana News

UN Chief Wants To Slap Billionaires With Wealth Tax Over Pandemic Profits

by Tyler Durden Wednesday, Apr 14, 2021 - 05:45 AM The Secretary-General of the United Nations, Antonio Guterres, has called on nations to institute a wealth tax on those who have profited during the COVID-19 pandemic, in order to 'help reduce global inequality,' according to On Monday, Guterres told a UN economic and social forum that there has been a $5 trillion surge in the wealth of the world's richest individuals over the past year, while those at the bottom have been made 'increasingly vulnerable.' "I urge governments to consider a solidarity or wealth tax on those who have profited d...

Economist warns against wealth tax to pay debts - Vimarsana News

Economist warns against wealth tax to pay debts

A wealth tax is a bad way to pay off COVID-19 pandemic debts and probably would become permanent if introduced, Nobel Prize-winning economist Angus Deaton said. Levies on high-earners would be “very difficult to implement” and give the wealthy “huge incentives to avoid it — and avoid it they will,” said Deaton, a Princeton University professor who is working on an official study of inequality in the UK. The remarks brush against a growing number of politicians calling for the richest to shoulder more of the burden of the record borrowing taken on by governments to prop up economies h...

Links 4/11/2021 | naked capitalism - Vimarsana News

Links 4/11/2021 | naked capitalism

“ Only you are responsible for your own health.” That is the stupid American credo, weaponized. It’s called “public health” for a reason. Yes, the medical system is full of corruption and gaslighting and fraud, and yes, each of us is well advised to do our due diligence when it comes to the health of ourselves and those we care about. But only institutions, acting through lots of workers, can detect and deal with broad threats to health and welfare, and it’s so dopey that in so much of the world, that kind of pro-social activity gets sh!tcanned for profit or politics. And now the...