In 1980 we produced a report titled How to Appraise and Improve Your Daily Newspaper: A Manual for Readers, authored by David Bollier, one of our precocious interns, who had just graduated from Amherst and went on to become an expert on the Commons (See, bollier.org). I thought about this past initiative to empower readers/consumers while contemplating what is happening in recent months to the print edition of the New York Times. Continue reading →
Did the Biden officials know what they were doing when they announced a broad expansion of export controls on China? China is the world’s second-largest economy, which is intricately intertwined with the economy of the U.S. and other nations. This is mainly due to U.S. multinational companies exporting huge slices of our manufacturing economy to China for its cheap labor. Continue reading →
The great progressive Harvard economist and prolific best-selling author, John Kenneth Galbraith, wrote that “Ideas may be superior to vested interest. They are also very often the children of vested interest.” I wished he had written that assertion before I took Economic 101 at Princeton. One of the vested ideas taught as dogma then was the comparative advantage theory developed by the early 19th-century British economist, David Ricardo. He gave the example of trading Portuguese wine for British textiles with both countries coming out winners due to their superior efficiencies in producing their native products. Continue reading →
The biggest business in America is stealing and defrauding the federal government, Uncle Sam and you the taxpayers. In terms of sheer stolen dollars, the total amount is greater than the annual sales of Amazon and Walmart over the past two years. Continue reading →
This is the most opportune time for millions of workers in Big Box retail stores and fast-food outlets to form unions. McDonald’s, Walmart, Amazon, Starbucks, Dunkin Donuts, Burger King, and other giant chains are having trouble finding enough workers. Some of these companies are even paying signing bonuses and upping low pay. Continue reading →
“Trump’s Next Coup Has Already Begun…” is the title of an article in the Atlantic, just out, by Barton Gellman, a Pulitzer Prize winner and author of many groundbreaking exposés. He describes the various maneuvers that Trump-driven Republican operatives and state legislators are developing to overturn elections whose voters elected Democrats from states with Republican governors and state legislatures. Georgia fit that profile in 2020—electing two Democratic senators in a state with a Republican legislature and governor. Continue reading →
If you think elementary, middle, and high school students know too little history, geography, and government, try asking them about the corporations that command so many hours of their day, their attention, what they consume, and their personal horizons. Continue reading →
Let’s say you’re looking to invest some savings in the expanding micro-chip industry and a friend hands you the 2021 Annual Report of the Delaware (chartered) Corporation, Microchip Technology, a firm based in Chandler, Arizona. You’re a studious type and want to know what the company is producing before deciding if becoming a shareholder-owner is for you. Continue reading →
As the size and severity of the corporate crime wave surges, Congress is asleep at the switch. The mostly captive Capitol Hill Gang has sat on an antiquated federal criminal code, starved the budget of regulatory health, safety, and consumer/labor protection agencies, and let corporate crooks routinely get away with their crimes. Continue reading →
Watch out for big corporations and dangerous politicians breaking our established norms
Posted on August 15, 2022 by Ralph Nader
Norms, in a society or culture, are the accepted ways of behavior we grow up observing and learning in our everyday lives. Norms are rarely backed up by laws, though when norms are grossly violated, calls for legislation may ensue. Continue reading →