COMMONDREAMS – When we study Marx in my graduate social theory course, it never fails that at least one student will say (approximately), “Class struggle didn’t escalate in the way Marx expected. In modern capitalist societies class struggle has disappeared. So isn’t it clear that Marx was wrong and his ideas are of little value today?” I respond by challenging … Read More
CNN– High residential vacancies are killing many housing markets, as foreclosed homes sit on the market and depress sale prices and property values. And it’s only getting worse: The national vacancy rate crept up to just over 13% according to last week’s decennial census report. That’s up from 12.1% in 2007. “More vacant homes equal more downward pressure on home … Read More
NEWSVINE– According to the CIA World Fact Book, the U.S. is ranked as the 42nd most unequal country in the world, with a Gini Coefficient of 45. In contrast: Tunisia is ranked the 62nd most unequal country, with a Gini Coefficient of 40. Yemen is ranked 76th most unequal, with a Gini Coefficient of 37.7. And Egypt is ranked as … Read More
COMMONDREAMS – If all the food in the world were shared out evenly, there would be enough to go around. That has been true for centuries now: if food was scarce, the problem was that it wasn’t in the right place, but there was no global shortage. However, that will not be true much longer. The food riots began in … Read More
SHARE THE WORLD’S RESOURCES – For anyone who takes an interest in the problem of slums, a few basic facts will soon become clear. Firstly, the locus of global poverty is moving from rural areas to the cities, and more than half the world population now lives in urban areas for the first time in human history. Secondly, most of … Read More
