On Monday, the British charity Oxfam published a report documenting the malignant growth of social inequality during the first two years of the COVID-19 pandemic.
A total of 122 care home operators in England declared a “red alert” due to staffing shortages last week, with 13,500 workers off with COVID.
Oxfam report “Inequality Kills”: Billionaires racked up wealth while millions died during the pandemic
The latest briefing from the charity paints a devastating picture of the world capitalist order reporting that the unprecedented accumulation of wealth by the world’s elite is contributing to the death of one person every four seconds.
King Soopers workers are not just fighting the largest supermarket chain in Colorado, but also its parent company, Kroger, the largest supermarket chain in the country.
Since the interventions by central banks, led by the Fed, into financial markets, starting in March 2020, they have been buying financial assets at the rate of $800 million per hour.
The head of the US central bank, Jerome Powell, said the major threat to the economy was not the Omicron variant but “briskly” rising wages, which could continue into 2022.
Time magazine is celebrating a billionaire who personifies the most noxious tendencies in contemporary capitalism.
In scenes reminiscent of conditions in the early 1900s, workers report that they were trapped in their factories by management in the hours and minutes before the storms bore down on them.