The Daily Shaarli
June 21, 2020
The subtitle of the Klein and Pettis’ book is “how inequality distorts the global economy and threatens international peace.” Klein and Pettis argue that the origins of today’s trade wars emerge from decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. Rising inequality has weakened aggregate demand; and a global ‘savings glut’ generated by countries like Germany and China are creating huge global imbalances in demand and supply that threaten economic crises, increased protectionist rivalry and international peace.
Automation has been slower in recent years than many expected – but with the pandemic forcing companies to innovate, and borrowing cheaper than ever, many of today's job losses might become permanent.
Omar Abdulaziz, who was close to murdered journalist Jamal Khashoggi, told of threat posed by Saudi Arabia
“It spread mostly through Alt TikTok — we kept it on the quiet side where people do pranks and a lot of activism,” said the YouTuber Elijah Daniel, 26, who participated in the social media campaign. “K-pop Twitter and Alt TikTok have a good alliance where they spread information amongst each other very quickly.
Last week, the European Court of Human Rights ruled against France’s bid to criminalize the call for Boycott, Divestment, and Sanctions of Israel. The ruling was a victory for Palestine solidarity activists — and the first setback for Emmanuel Macron's attempts to smear antiracists as the “new antisemites.”
American voters now support sweeping changes to policing; 83 percent want a ban on racial profiling, 92 percent want police to be required to wear body cameras and White Americans’ concern over police violence has increased by 50 percent since 2019.
Throughout my life, I have had frightening, maddening and absurd encounters with police officers.
"Reconciliation requires modern-day people to reflect on the wrongs the country did to its original inhabitants. I’m sad to say that my ancestor’s book was one of them."
A new report on Labour's defeat highlights the damage caused by its Brexit stance, exposing the decades-long weakening of its roots in the working class. There’s no quick fix to Labour’s problems — we need to do the long work of rebuilding the structures that tie our MPs to working-class life.
Marco Rubio, Rick Scott and Ted Cruz joined together to penalize developing nations who take advantage of Cuba's famous medical missions.
Eight correctional officers said people of color who work in the jail were initially moved away from Derek Chauvin, the officer accused of killing George Floyd.