According to new data from the federal reserve, if current trends of the rich getting richer and the middle class getting poorer continues at their current rate, in 33 years the top 10% of Americans will own one hundred percent of all American wealth. Everyone else will be in poverty and in debt. Right wing billionaires like Donald Trump are cheering this on, calling for more tax cuts on rich people and less power for working people through the continuing destruction of unions and fighting the minimum wage.
Yanis Varoufakis On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide.
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