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Corporate Welfare
Corporate welfare is a phrase used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations. The definition of corporate welfare is sometimes restricted to direct government subsidies of major corporations, excluding tax loopholes and all manner of regulatory and trade decisions. Origin of term The term "corporate welfare" was reportedly coined in 1956 by Ralph Nader. Alternative adages "Socialism for the rich, capitalism for the poor" Believed to have been first popularised by Michael Harrington's 1962 book '' The Other America'' in which Harrington cited Charles Abrams, a noted authority on housing. Variations on this adage have been used in criticisms of the United States' economic policy by Joe Biden, Martin Luther King Jr., Gore Vidal, Joseph P. Kennedy II, Robert F. Kennedy, Jr., Dean Baker, Noam Chomsky, Robert Reich, John Pilger, Bernie Sanders, and Yanis Varoufakis. "Privatizing profits and soc ...
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Government
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixe ...
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Gore Vidal
Eugene Luther Gore Vidal (; born Eugene Louis Vidal, October 3, 1925 – July 31, 2012) was an American writer and public intellectual known for his epigrammatic wit, erudition, and patrician manner. Vidal was bisexual, and in his novels and essays interrogated the social and cultural sexual norms he perceived as driving American life. Beyond literature, Vidal was heavily involved in politics. He twice sought office—unsuccessfully—as a Democratic Party candidate, first in 1960 to the U.S. House of Representatives (for New York), and later in 1982 to the U.S. Senate (for California). A grandson of a U.S. Senator, Vidal was born into an upper-class political family. As a political commentator and essayist, Vidal's primary focus was the history and society of the United States, especially how a militaristic foreign policy reduced the country to a decadent empire. His political and cultural essays were published in ''The Nation'', the ''New Statesman'', the '' New York R ...
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Fortune (magazine)
''Fortune'' is an American multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and '' Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthusiastic about the idea – which Luce originally thou ...
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Yanis Varoufakis
Ioannis "Yanis" Varoufakis ( el, Ιωάννης Γεωργίου "Γιάνης" Βαρουφάκης, Ioánnis Georgíou "Giánis" Varoufákis, ; born 24 March 1961) is a Greek economist and politician. A former academic, he served as the Greek Minister of Finance from January to July 2015 under Prime Minister Alexis Tsipras. He has been Secretary-General of MeRA25, a left-wing political party, since he founded it in 2018. A former member of Syriza, Varoufakis was a member of the Hellenic Parliament for Athens B from January to September 2015; he regained a parliamentary seat in July 2019. Varoufakis was born in Athens in 1961. He studied mathematics and economics at the University of Birmingham and the University of Essex, where he obtained a PhD in economics. He then taught economics in the United Kingdom and then at the University of Sydney, before returning to Greece in 2000 to teach at the University of Athens. In January 2015, Varoufakis was appointed Greek Minister o ...
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Bernie Sanders
Bernard Sanders (born September8, 1941) is an American politician who has served as the junior United States senator from Vermont since 2007. He was the U.S. representative for the state's at-large congressional district from 1991 to 2007. Sanders is the longest-serving independent in U.S. congressional history. He has a close relationship with the Democratic Party, having caucused with House and Senate Democrats for most of his congressional career. He is often seen as a leader of the democratic socialist movement in the United States. Sanders unsuccessfully sought the Democratic Party nomination for president of the United States in 2016 and 2020, finishing in second place in both campaigns. Before his election to Congress, he was mayor of Burlington, Vermont. Born into a working-class Jewish family and raised in the Brooklyn borough of New York City, Sanders attended Brooklyn College before graduating from the University of Chicago in 1964. While a student, he ...
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Sydney Opera House
The Sydney Opera House is a multi-venue performing arts centre in Sydney. Located on the foreshore of Sydney Harbour, it is widely regarded as one of the world's most famous and distinctive buildings and a masterpiece of 20th-century architecture. Designed by Danish architect Jørn Utzon, but completed by an Australian architectural team headed by Peter Hall, the building was formally opened by Queen Elizabeth II on 20 October 1973 after a gestation beginning with Utzon's 1957 selection as winner of an international design competition. The Government of New South Wales, led by the premier, Joseph Cahill, authorised work to begin in 1958 with Utzon directing construction. The government's decision to build Utzon's design is often overshadowed by circumstances that followed, including cost and scheduling overruns as well as the architect's ultimate resignation. The building and its surrounds occupy the whole of Bennelong Point on Sydney Harbour, between Sydney Cove and ...
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John Pilger
John Richard Pilger (; born 9 October 1939) is an Australian journalist, writer, scholar, and documentary filmmaker. He has been mainly based in Britain since 1962. He was also once visiting professor at Cornell University in New York. Pilger is a strong critic of American, Australian, and British foreign policy, which he considers to be driven by an imperialist and colonialist agenda. Pilger has also criticised his native country's treatment of Indigenous Australians. He first drew international attention for his reports on the Cambodian genocide. His career as a documentary film maker began with ''The Quiet Mutiny'' (1970), made during one of his visits to Vietnam, and has continued with over 50 documentaries since. Other works in this form include ''Year Zero'' (1979), about the aftermath of the Pol Pot regime in Cambodia, and '' Death of a Nation: The Timor Conspiracy'' (1993). His many documentary films on indigenous Australians include '' The Secret Country'' (198 ...
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Robert Reich
Robert Bernard Reich (; born June 24, 1946) is an American professor, author, lawyer, and political commentator. He worked in the administrations of Presidents Gerald Ford and Jimmy Carter, and served as Secretary of Labor from 1993 to 1997 in the cabinet of President Bill Clinton. He was also a member of President Barack Obama's economic transition advisory board. Reich has been the Chancellor's Professor of Public Policy at the Goldman School of Public Policy at UC Berkeley since January 2006. He was formerly a Lecturer at Harvard University's John F. Kennedy School of Government and a professor of social and economic policy at the Heller School for Social Policy and Management of Brandeis University. He has also been a contributing editor of ''The New Republic'', ''The American Prospect'' (also chairman and founding editor), ''Harvard Business Review'', ''The Atlantic'', ''The New York Times'', and ''The Wall Street Journal''. Reich is a political commentator on programs ...
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Z Magazine
Z Communications is a left-wing activist-oriented media group founded in 1986 by Michael Albert and Lydia Sargent.Max Elbaum''Revolution in the Air: Sixties Radicals Turn to Lenin, Mao and Che'' London, England, UK; New York, New York, US: Verso, 2002. p. 296. It is, in broad terms, ideologically libertarian socialist, anti-capitalist, and heavily influenced by participatory economics, although much of its content is focused on critical commentary of foreign affairs. Its publications include ''Z Magazine'', ''ZNet'', and ''Z Video''. Since early November 2022, they have all been regrouped under the name ''ZNetwork''. History ''Zeta Magazine'' was founded by Michael Albert and Lydia Sargent in 1987, both of whom had previously co-founded South End Press. It was renamed ''Z Magazine'' in 1989. Founded in 1994, Z Media Institute provides classes and other sessions in how to start and produce alternative media, how to better understand media, and how to develop organising skills. ...
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Noam Chomsky
Avram Noam Chomsky (born December 7, 1928) is an American public intellectual: a linguist, philosopher, cognitive scientist, historian, social critic, and political activist. Sometimes called "the father of modern linguistics", Chomsky is also a major figure in analytic philosophy and one of the founders of the field of cognitive science. He is a Laureate Professor of Linguistics at the University of Arizona and an Institute Professor Emeritus at the Massachusetts Institute of Technology (MIT), and is the author of more than 150 books on topics such as linguistics, war, politics, and mass media. Ideologically, he aligns with anarcho-syndicalism and libertarian socialism. Born to Ashkenazi Jewish immigrants in Philadelphia, Chomsky developed an early interest in anarchism from alternative bookstores in New York City. He studied at the University of Pennsylvania. During his postgraduate work in the Harvard Society of Fellows, Chomsky developed the theory of transform ...
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Rabble
Rabble may refer to: * Hoi polloi, a negative term for the common people * rabble.ca, a Canadian website * An arrow in the arcade game '' Libble Rabble'' * Rabble of Devilkin, characters in the ''Dungeons & Dragons'' roleplaying game * '' Rabble Starkey'', a novel * The Rabble, a New Zealand music group * An iron bar used in the manufacture of iron and steel {{disambig ...
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Dean Baker
Dean Baker (born July 13, 1958) is an American macroeconomist who co-founded the Center for Economic and Policy Research (CEPR) with Mark Weisbrot. Baker has been credited as one of the first economists to have identified the 2007–08 United States housing bubble. Early life and education Baker grew up in the Lake View neighborhood of Chicago. In 1981, Baker graduated from Swarthmore College with a bachelor's degree in history with minors in economics and philosophy. In 1983, he received a master's degree in economics from the University of Denver. In 1988, he received a PhD from the University of Michigan in economics. Career Baker was a lecturer at the University of Michigan from 1988 to 1989 and an assistant professor of economics at Bucknell University from 1989 to 1992. From 1992 to 1998, he was an economist at the Economic Policy Institute. During this time, he published a paper with Mark Weisbrot in a journal of evolutionary economics. In 1999, Baker and Weisbrot c ...
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