John Lewis plans to cut nearly 400 jobs in its restaurants and home fittings services amid a shift to online shopping. The changes will affect administration staff in its carpet, curtain and blinds fittings service. No jobs will be cut … Continue reading
Top Editorial Picks – Capitalism
The Retirement Gamble
FRONTLINE's Retirement Gamble raises disturbing questions about how America’s unregulated mutual funds and financial institutions fail to protect retirement savings through excessive management fees.
Encore: Taming Capitalism Run Wild
From: MOYERS & COMPANY
Economist Richard Wolff talks about battling rampant capitalism and fighting for economic justice. A Professor of Economics at the University of Massachusetts, Wolff has written many books on the effects of rampant capitalism, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. Read more at MOYERS & COMPANY
Wealth Inequality Video Goes Viral
The issue of wealth inequality across the US is well known, but this video shows you the extent of that imbalance in dramatic and graphic fashion. The viral video on Mashable relies heavily on a 2011 Mother Jones article and information from CNNMoney and ThinkProgress, and challenges the relationship between free market capitalism and community values.
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Books of the Month
The Age of Acquiescence:
The Life and Death of American Resistance to Organized Wealth and Power | By Steve Fraser
Do you ever wonder how the economy became so bad for the average American worker and college grad? Is it the government? Maybe, but Steve Fraser, a labor historian, shows that our current economic hardship is traced to the moral behavior of the banks, financial institutions and the elite rich in a second Gilded Age.
The resulting new economy of low (slave) wages and entailing social problems where capital has no home or community, serves only the top one per cent. The government and democracy, now bought by big business, has become complicit as a “nanny state” for the wealthy corporations and individuals while the rest of us are subject to market forces. See NY Times Book Review and reviews on Amazon
A Call to Action
Women, Religion, Violence, Power | By Jimmy Carter
Calling it the number one challenge in the world today, Jimmy Carter's new book "A Call To Action," urges the end of discrimination and abuse against women. Although discrimination is not new, Carter argues the scale is historically unprecedented, from slavery to rape and infanticide to honor killings.
In our modern era, where violence affects women disproportionately, Carter maintains that a commitment to universal human rights is desperately needed and both in the US and abroad. He challenges the erroneous religious interpretations of the roles of women in the Bible and Koran that facilitate violence and calls for a historical understanding of the religious text that underpins the Universal Declaration of Human Rights. Read More On the Carter Center.