JONATHAN SMUCKER – As mass protest surges against Trump and Musk, how can we show up as effectively as possible?
Tag: billionaires
The Brotherhood of Billionaires
LAWRENCE S. WITTNER – In recent decades, a growing similarity has developed between the Chinese and U.S. economic systems. Despite the Chinese Communist Party’s talk of “socialism,” the rapidly-expanding Chinese economy has become increasingly capitalist, with the private sector accounting for about two-thirds of China’s Gross Domestic Product in 2021. Not surprisingly, then, the two countries currently lead the rest of the world’s nations in their number of billionaires. This March, according to Forbes, the United States had 735 billionaires (worth a collective $4.5 trillion) and China had 562 (worth $2 trillion) out of a global total of 2,640.
ALEC Education “Academy” Launches on Island Resort
DUSTIN BIELKE – Today, hundreds of state legislators from across the nation will head out to an “island” resort on the coast of Florida to a unique “education academy” sponsored by the American Legislative Exchange Council (ALEC). There will be no students or teachers. Instead, legislators, representatives from right-wing think tanks and for-profit education corporations will meet behind closed doors to channel their inner Milton Friedman and promote the radical transformation of the American education system into a private, for-profit enterprise. (ALEC has claimed no corporate reps will be there but it has refused to let the press attend to see this claim for itself.)