The questions of US imperialism, economic hegemony and corporate control of the world’s resources are the subject of massive popular discussion in a time of escalating conflict, inequality and deepening economic recession. Following the mass public mobilisation during the Obama election campaign, the US government is placed in a role of critical responsibility and must now lead the way in fostering greater international cooperation.
What should we make of President Obama's election victory this week? Only one thing is for sure: the intense focus on
the bombast of politicians is somewhat misplaced, and we still await the public to rise up in a concerted call for sharing and justice.
If the US government is serious about ensuring meaningful and sustainable work for all Americans, the primary focus should be on structural interventions to shift the balance of economic and political power from Wall Street to Main Street, says a report by the New Economy Working Group.
By taxing wealth and financial transactions and cutting spending on the military and harmful subsidies, the American government could raise an extra $824 billion in revenue. These reforms would not only address the deficit, they would create a more equitable, green, and secure nation, says a report by the Institute for Policy Studies.
As #OccupyWallStreet
protesters continue to gather in the streets of New York and other cities across the country, a selection of commentators give their views on the United States' version of the uprisings occuring throughout the world. Are we witnessing the birth of a new commonwealth of economic equality?
President Obama’s revenue proposal has set the stage for a
fierce battle over raising taxes on the wealthy in America. It is up to civil
society, small businesses, and individuals around the country to rally behind the
principles and policies embodied by the new tax plan, says Chuck Collins.
On the 10th anniversary of the atrocities that claimed nearly 3,000 victims on September 11th, 2001, commentators question the price paid by the ensuing 'war on terror' declared by US President Bush and his cheerleaders. With 50,000 US troops still occupying Iraq, what has been the real costs of the post-9/11 wars?
Current proposals to reform America’s broken financial system fall far short of what is required. Only a community-based and democratically accountable system of money, banking, and finance can liberate the US from Wall Street rule, says a report by the New Economy Working Group.
