Look at how the world’s super-rich are doing now, and tell me the system isn’t rigged

Nesrine Malik According to Oxfam’s annual inequality report, released to coincide with the World Economic Forum meetings in Davos, the richest 1% of people have captured nearly twice as much new wealth as the rest of the world combined since the pandemic. Their fortune soared by $26tn, increasing their share of new wealth from 50% to two-thirds. The… Read More Look at how the world’s super-rich are doing now, and tell me the system isn’t rigged

US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

Jonathan Barrett The US investor targeting Indian conglomerate Adani Group over what it claims is the “biggest con in corporate history” has dared the company to sue, given it would open the coal producer to further scrutiny. Hindenburg Research’s report has already wiped billions of dollars of value from the sprawling empire of Gautam Adani, the world’s… Read More US activist investor who accused Adani of ‘biggest con in corporate history’ dares Indian group to sue

Gujarat riots documentary: BBC’s motives are less clear

Bharat Bhushan The airing of part one of a BBC documentary “India: The Modi Question” has raised political hackles in India. It suggests that the then Gujarat CM Narendra Modi was directly responsible for the riots, which left 2,000 people dead, mostly Muslims. It has since been taken down from YouTube and other social media… Read More Gujarat riots documentary: BBC’s motives are less clear

The Death of Sigmund Freud: Fascism, Psychoanalysis and the Rise of Fundamentalism

First posted February 01, 2019 The Death of Sigmund Freud: Fascism, Psychoanalysis and the Rise of Fundamentalism: by Mark Edmundson Reviewed by  Jonathan Derbyshire What progress we are making. In the Middle Ages they would have burned me. Now, they are content with burning my books. Sigmund Freud, on the burning of his books by the… Read More The Death of Sigmund Freud: Fascism, Psychoanalysis and the Rise of Fundamentalism

Ludicrous ideas, perpetual scandal: British Conservatives are in absolute freefall

John Harris You may not have heard of Nat Wei, AKA Lord Wei of Shoreditch. Until very recently, the 46-year-old Conservative peer – ennobled by David Cameron, for whom he once did some work on the concept of the “big society” – had certainly escaped my attention. But when he published a brief article on the activist… Read More Ludicrous ideas, perpetual scandal: British Conservatives are in absolute freefall

Regime Change?

Mona Ali The evolution and weaponization of the world dollar The centerpiece of shock and awe of the West’s economic response to Russia’s invasion and bombardment of Ukraine was the freezing of Russia’s central bank assets. In the March 7 edition of his Global Money Dispatch newsletter, the Credit Suisse investment strategist Zoltan Pozsar writes that the… Read More Regime Change?