Articles by: Kevin Reed

Musk’s attack on Twitter workers brings company to the brink of collapse

Musk’s attack on Twitter workers brings company to the brink of collapse

Media reports  were speculating about the possible collapse of the social media platform Twitter following the resignation of another 1,200 employees the previous day in response to a recent ultimatum given to them by Elon Musk. The New York Times reported in an article entitled “Elon Musk’s Twitter Teeters on the Edge After Another 1,200 Leave,” that the billionaire owner sent a[Read More…]

by — 20/11/2022 — Comments are Disabled — World
The US baby formula crisis and capitalism’s indifference to the lives of children

The US baby formula crisis and capitalism’s indifference to the lives of children

The baby formula crisis that is threatening the lives of infants across the US deepened this week as the out-of-stock rate for baby formula on store shelves surged to 70 percent for the week ending May 22. The shortage rate during the previous week was 45 percent, according to the retail tracking firm Datasembly. The supply shortage is so severe[Read More…]

by — 28/05/2022 — Comments are Disabled — World
Oxfam report reveals malignant dependency of the pandemic on capitalist inequality

Oxfam report reveals malignant dependency of the pandemic on capitalist inequality

This week, Oxfam published a major report in advance of the annual World Economic Forum Davos Agenda. Coming as society enters the third year of the pandemic, the Oxfam briefing expresses an undeniable reality: the COVID-19 pandemic is a malignant byproduct of a society that is deeply ill with the disease of social inequality. Entitled “Inequality Kills,” the Oxfam report[Read More…]

by — 19/01/2022 — Comments are Disabled — World
Oxfam report “Inequality Kills”: Billionaires racked up wealth while millions died during the pandemic

Oxfam report “Inequality Kills”: Billionaires racked up wealth while millions died during the pandemic

The global charity Oxfam released a briefing on Monday entitled “Inequality Kills” in advance of the World Economic Forum State of the World conference being held virtually January 17-21. In focusing on the COVID-19 pandemic, the document paints a devastating picture of the world capitalist order. It shows that the unprecedented accumulation of wealth by the world’s billionaire elite is[Read More…]

by — 18/01/2022 — Comments are Disabled — World
US billionaire wealth increased 70 percent since the start of the pandemic

US billionaire wealth increased 70 percent since the start of the pandemic

The wealth of US billionaires has increased by a massive $2.1 trillion, or 70 percent, since the onset of the coronavirus pandemic, while tens of millions of working people have faced unemployment and illness, and 724,000 have died from COVID-19. Additionally, the list of American billionaires grew by 131 individuals—going from 614 to 745—during the same period. According to an[Read More…]

by — 20/10/2021 — Comments are Disabled — World
UN Special Rapporteur on Torture warns Julian Assange could die in prison

UN Special Rapporteur on Torture warns Julian Assange could die in prison

In a June 1 interview with ABC Radio Adelaide, UN Special Rapporteur on Torture Nils Melzer warned that Julian Assange could die in prison if his persecution is not stopped immediately. Last week, Melzer issued a scathing denunciation of Assange’s persecution, calling it “psychological torture.” Reporter Philip Williams asked Melzer, “If your calls are ignored, do you fear that he[Read More…]

by — 06/06/2019 — Comments are Disabled — World