Page 5 - Saving Capitalism News Today : Breaking News, Live Updates & Top Stories | Vimarsana

And the moon is only their stepping stone. Musk says SpaceX will land humans on Mars by 2026 and wants to establish a colony by 2050. Its purpose, he says, will be to ensure the survival of our species. “If we make life multi-planetary, there may come a day when some plants and animals die out on Earth but are still alive on Mars,” he tweeted. Bezos is also aiming to build extraterrestrial colonies, but in space rather than on Mars. He envisions “very large structures, miles on end” that will “hold a million people or more each”. Back on our home planet, Musk is ...

When industrial policy was last debated, in the 1980s, critics recoiled from government “picking winners”. But times have changed. Devastating climate change, a deadly pandemic and the rise of China as a technological powerhouse require an active government pushing the private sector to achieve public purposes. The dirty little secret is that the US already has an industrial policy, but one that’s focused on pumping up profits with industry-specific subsidies, tax loopholes and credits, bailouts and tariffs. The practical choice isn’t whether to have an industrial policy but whether i...

Pat Utomi. Photo: THEINTERVIEW Fascination with why some countries succeed remarkably, others fail disgracefully, and many occupy grounds of the shades of grey on the spectrum, has been decades old with me.  In response, I have written several books, numerous opinion pieces and academic essays and jumped into the arena of praxis, with spectacular stories to tell, and show for it.  Lately, my greater concern has been how to help people not inclined to academic treatises, or have the time for even OPED essays of this type, identify with how these matters connect to the burdens of their life...

The deal has proven beneficial to both sides, although not to the American public. Campaign spending has soared while corporate taxes have shriveled. In the 1950s, corporations accounted for about 40% of federal revenue. Today, they contribute a meager 7%. Last year, more than 50 of the largest US companies paid no federal income taxes at all. Many haven’t paid taxes for years. Both parties have been in on this deal although the GOP has been the bigger player. Yet since Donald Trump issued his big lie about the fraudulence of the 2020 election, corporate America has had a few qualms abou...

When I was labor secretary welfare ended but now it’s back and three-quarters of Americans – and many Republicans – approve