The Information Revolution has Begun.|Wednesday, July 8, 2015
You are here: Home » poverty

poverty

The first step to solving a problem is recognizing there is one

The main problem humanity faces today is not climate change, war, poverty, inequality or corruption, but the fact that those issues are not openly recognized as problems that need to be addressed and solved. Many people do recognize that corruption is rooted into politics, for example, but not everyone agrees that corruption is such a problem that it is necessary to get together to find and solution to it. ...Read full article...

GDP is an insufficient measure of true economic growth

High levels of economic growth are not enough to eradicate poverty. Economic growth has bee at zero percent or lower for two or three years in a row in most of the western world. Cooked government numbers say that most so-called western powers have grown at 0.2% and that the recession that began in 2009 is over. In Europe, the Spanish government has been short of organizing a parade, ...Read full article...

Latin America adrift

Not too long ago, Latin America was one of the regions with the best economic perspective on the planet. After the crisis of 2009, recovering and booming economies in the south looked for Asian partners to establish business opportunities with China, India, and even Russia. Those partnerships were established enthusiastically with the signing of new bilateral and multilateral agreements between China and individual commercial partners as well as among ...Read full article...

Heading Toward Financial Maidan in Ukraine?

Ukraine’s economy is a sinkhole of economic Depression. It’s teetering toward collapse. Its Q I GDP plunged 17.6% year-over-year. It’s down 6.1% from Q IV 2014. Ten of the last 11 quarters saw economic contraction. Kiev depends on outside aid to keep operating. Inflation is out-of-control. The Financial Times reported it reaching 61% in April. Its hryvnia currency is headed toward becoming worthless toilet paper. It’s worth less than ...Read full article...

Former Brazilian Minister: “PT stole too much”

Former Brazilian Minister of Labor, Carlos Lupi, said that one of the reasons for the political crisis in Brazil is that the ruling Workers Party (PT) “stole too much”. Lupi, who now chairs the Democratic Labor Party (PDT), which integrates the coalition government, was Minister of Labour during the last two years of the Lula da Silva administration. The current president, Dilma Rousseff, ratified Lupi’s position in 2011, when ...Read full article...

Corruption and Poverty govern over Latin America

Corruption is the great plague that invades many countries in Latin America and the world. It will be perceived more and more as the threat of economic crisis looms, which will cause even greater rejection of corrupt practices. Social and economic developments in Latin America over the past decade have failed to circumvent a harsh reality: 40% of the population is in vulnerable conditions. That is, the risk of ...Read full article...

Global Governors have purposely failed to curb poverty and inequality

Poverty, hunger and instability are not consequences of a polarized world, but the result of policies implemented by industrialists and bankers to force the poor to live in misery. Eradicating poverty and misery is cheaper than maintaining it. This reality is well-known by those in power. Yet, year in and year out, the ‘governors’ of the international financial syndicate refuse to put an end to endemic poverty worldwide, even ...Read full article...

Richest 1% will grab more than half of world’s wealth by 2016

Tax evasion by corporations and wealthy individuals to invest in universal and free public services is one of the ways in which the richest 1% will increase its share. As we had announced in 2013, the wealth accumulated by the most powerful and influential 1% population will exceed that of the remaining 99% next year, if current trends of rising inequality continue as they are. Every year, the richest multiply their ...Read full article...

America is Truly a Country Run for the Few

The Bureau of Labor Statistics headline this morning reads:  “Payroll employment increases by 248,000 in September; unemployment rate declines to 5.9%.” How can this be?  US corporations are investing in buying back their own stocks, not in new business ventures that produce new jobs. According to the Census Bureau’s Poverty Report, US real median family income has declined to the level of twenty years ago.    Consumer credit and ...Read full article...

Economic Recovery in America? US Poverty Report Contradicts GDP Claims

2013 Real Median Household Declined to 1994 Level It is amazing how the government manages to continue selling Brooklyn Bridges to a gullible public. Americans buy wars they don’t need and economic recoveries that do not exist. The best investment in America is a highly leveraged fund that invests only in large cap companies that are buying back their own stocks. Many of the firms repurchasing their stocks are ...Read full article...

IMF Lowers Expectations of American Economic Growth

Still under the impact of a harsh winter, the International Monetary Fund (IMF) estimates that the U.S. economy will grow no more than 2% over 2014. The organization’s previous estimate was 2.7%. This latest report, released Monday, even downgrades forecasts for the Federal Reserve, and highlights structural weaknesses in the largest economy in the world due to a weak labor market, the impact of poverty, fiscal policy and poor ...Read full article...

Global Famine

Humanity is undergoing in the post-Cold War era an economic and social crisis of unprecedented scale leading to the rapid impoverishment of large sectors of the World population. National economies are collapsing, unemployment is rampant. Local level famines have erupted in Sub-Saharan Africa, South Asia and parts of Latin America. This “globalization of poverty” –which has largely reversed the achievements of post-war decolonization– was initiated in the Third World ...Read full article...

There is no ‘legitimate redistribution’ of wealth

Who is it that calls for social justice, equality and legitimate redistribution of wealth while living in luxury and opulence? As the world attempts to stay in balance during the harshest economic times since the 1929 Great Depression, there are those who believe that wealth redistribution is a good way to end social injustice or to give to those deemed worthy whatever they supposedly deserve. For the past 100 ...Read full article...

America’s Hidden Hunger Crisis

Imagine tens of millions hungry in the world’s richest country. Imagine bipartisan complicity ignoring a growing crisis. Imagine uncaring policymakers. Imagine them cutting vital programs able to help when sizable increases are needed. Imagine serving monied interests at the expense of popular ones. Imagine enriching themselves in the process. Outnumber Hunger (OH) is a nationwide campaign. It enlists people in the growing fight against hunger. It works cooperatively with ...Read full article...

Inequality Grows in Large American Cities

As it often happens, lack of better living conditions in less urbanized areas results in massive migration to large cities, where most newcomers become victims of urban inequality. The growing income inequality in America has its greatest reflection in large cities, where the pressing income gap between rich and poor becomes more palpable and real. Inequality is such a deep problem that even Barack Obama labeled it as “the greatest challenge of our time”. The ...Read full article...
Page 1 of 3123