The radical moral implications of luck in human life: Acknowledging the role of luck is the secular equivalent of religious awakening

By David Roberts david@vox.com  Aug 21, 2018 Christina Animashaun/Vox SHARE Recently, there was a minor uproar when Kardashian scion Kylie Jenner, who is all of 21, appeared on the cover of Forbes’s 60 richest self-made women issue. As many people pointed out, Jenner’s success would have been impossible if she hadn’t been born white, healthy, rich, and famous. She built a successful cosmetics company not just …

Marx and Engels’ radical environmentalism

June 4, 2013 International Socialist Review columnist Phil Gasper challenges the myth that Marxism has nothing useful to say about the environment–with help from the old man himself. At the socialistworker.org AT THE demonstration in Washington, D.C., in February to oppose the Keystone XL pipeline, which is being built to transport tar sands oil from Western Canada to the U.S. Gulf Coast, members of …

Stock Buybacks Starving the Economy: A new report finds that big companies could have given their workers thousands of dollars’ worth of raises with the money they spent on their own shares.

“How much might workers have benefited if companies had devoted their financial resources to them rather than to shareholders? Lowe’s, CVS, and Home Depot could have provided each of their workers a raise of $18,000 a year, the report found. Starbucks could have given each of its employees $7,000 a year, and McDonald’s could have given $4,000 to each of …

Money and ethics

By Carlos Joly Money matters. Money in national budget allocations determines who gets health care, who gets educated, who gets unemployment cover, which industries and companies are favored, and whether the country goes to war. Obviously, national budget line items say much about a society’s moral beliefs, its governance and who wields real power. As the song says, money makes …

Environmental issues are anything determining environmental outcomes. What is the next system, new political economy devoted to sustaining human and natural communities?

April 2nd, 2018, NextSystem.org, Ted Howard’s remarks to the Environmental Funders Network in Cambridge, England, on February 2nd, 2018. Good afternoon. I want to begin by thanking the conference organizers for extending an invitation to address you during your important annual deliberations. I come before you today not as an expert on environmental matters, but as someone who has devoted his …

Valve-turner, Climate ‘Hero’ Gets Three-Year Prison Sentence for Shutting Down Tar Sands Pipeline

Common Dreams By Jessica Corbett 6 Feb 2018 Michael Foster, the valve turner who temporarily halted the flow of tar sands oil in TransCanada’s Keystone pipeline in October 2016, called for future actions to address the global climate crisis before he headed to prison, where he is expected to serve at least a year of his three-year sentence. “It doesn’t matter if I’m sitting in jail. …

Major corporations are planning to spend more than 30x what they are putting in the wallets of employees on buying back their own stock, benefiting wealthy shareholders

Washington Post By Rick Wartzman and William Lazonick, February 6, 2018  Rick Wartzman, director of the KH Moon Center for a Functioning Society at the Drucker Institute at Claremont Graduate University, is author of “The End of Loyalty: The Rise and Fall of Good Jobs in America.” William Lazonick is an economics professor at UMass Lowell and president of the Academic-Industry Research Network. Don’t …

What these early-20th-century scholars got right about 21st-century politics: Unlike many economists today, they questioned fundamental social structure

What advantages do the writers of the turn of the 20th century offer? The main difference and prime advantage, I think, lies in their holistic approach to economic and political analysis. It was holistic in the sense that they discussed the structural features of capitalism: social relations between capital owners and wage workers, distribution of national income between capital and …

On social license to operate: Blackrock $6 tn investment manager says “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”

By Steve Hanley on Clean Technica, Jan 2018 Laurence D. Fink may not be a household name, but he is a very influential person. When Mr. Fink speaks, others listen. Why? Because as the founder and CEO of BlackRock, he controls more than $6 trillion in assets. That’s the kind of clout that gets a person noticed. On January 16, …