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What You Need To Know About The Democratic Socialists Of America

Thirteen socialists walk into a West Virginia bar.<p>It's a Saturday evening in early July, and the North Central West Virginia chapter of the Democratic Socialists of America is getting together at a brewery outside of Rivesville.<p>Everyone here has their own stories for how they came to socialism. For …

Bernie Sanders

Betsy DeVos' family yacht untied, causing $10,000 in damages

HURON, Ohio (AP) — Police say someone untied a yacht owned by the family of U.S. Secretary of Education Betsy DeVos in Ohio, causing the vessel to drift into a dock and incur up to $10,000 in damages.<p>The Blade reports the $40 million, 163-foot (49-meter) yacht was moored at the Huron Boat Basin …

Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.

LISBON — Ramón Rivera had barely gotten his olive oil business started in the sun-swept Alentejo region of Portugal when Europe’s debt crisis struck. The economy crumbled, wages were cut, and unemployment doubled. The government in Lisbon had to accept a humiliating international bailout.<p>But as the …

Exports

Mortgage, Groupon and card debt: how the bottom half bolsters U.S. economy

PHILADELPHIA (Reuters) - By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of Americans fleecing their savings and piling up debt.<p>A Reuters analysis of …

Liberal View

How the Enlightenment Ends

Philosophically, intellectually—in every way—human society is unprepared for the rise of artificial intelligence.<p>Three years ago, at a conference on transatlantic issues, the subject of artificial intelligence appeared on the agenda. I was on the verge of skipping that session—it lay outside my …

One-third of American households have struggled to afford either food, shelter or medical care

Nearly half of Americans have a tough time paying their bills, and over one-third have faced hardships such as running out of food, not being able to …

California ruling a 'seismic shift' for gig economy workers

LOS ANGELES (AP) — A California Supreme Court ruling that would limit businesses from classifying workers as independent contractors who aren't eligible for certain benefits and employment protections was hailed as a big victory for labor and could shake up the state's so-called gig economy.<p>The …

Business

World Bank recommends fewer regulations protecting workers

The World Bank is proposing lower minimum wages and greater hiring and firing powers for employers as part of a wide-ranging deregulation of labour markets deemed necessary to prepare countries for the changing nature of work.<p>A working draft of the bank’s flagship World Development Report – which …

Corporate America Will Bring Next Wave of Pain, Money Managers Warn

Corporate America will beget the next wave of financial pain, or even recession, a growing choir of the world’s biggest money managers is …

MIT's AlterEgo headset can read words you say in your head

I don't want to alarm you, but robots can now read your mind. Kind of.<p>AlterEgo is a new headset developed by MIT Media Lab. You strap it to your face. You talk to it. It talks to you. But no words are said. You say things in your head, like "what street am I on," and it reads the signals your brain …

Big business, not taxpayers, should pay to clean up plastic waste | Geraint Davies

Plastic is destroying our oceans, yet big corporations are still being given money to produce cheap plastic. It’s time for polluters to pay for the damage they cause<p>A six-year-old boy, Harrison Forsyth, provided us with a much needed wake-up call last week. He called on the boss of Aldi to protect …

Japanese scientists just created an AI that can “read” human minds

Nope, this isn’t just fodder for the new series of Black Mirror<p>As computer scientists attempt to make machines think and learn like humans, the …

How are robots changing the future of healthcare?

The rise of artificial intelligence and robotics is changing healthcare.<p>More operations are now carried out by surgeons using robots.<p>But do we want a machine to look after us instead of a human?<p>Al Jazeera's Laurence Lee reports from London.

56,000 layoffs: India's IT bloodbath this year may just be the start

For Indian techies, 2017 was the stuff of nightmares.<p>One of the top employment generators until a few years ago, India’s $160 billion IT industry laid off more than 56,000 employees this year. Some analysts believe this spree was worse than the one during the 2008 financial crisis. Meanwhile, …

Living in cars, working for Amazon: meet America's new nomads | Jessica Bruder

Rising rents are leading Americans to live in cars and other vehicles, writes Jessica Bruder, the author of Nomadland<p>Millions of Americans are wrestling with the impossibility of a traditional middle-class existence. In homes across the country, kitchen tables are strewn with unpaid bills. Lights …

Bernie Sanders warns of 'international oligarchy' after Paradise Papers leak

US senator warned that leak of documents exposing offshore tax havens show ‘rapid movement’ toward a group of billionaires controlling the global economy<p>Bernie Sanders has warned that the world is rapidly becoming an “international oligarchy” controlled by a tiny number of billionaires, highlighted …

Bernie Sanders

Insectageddon: farming is more catastrophic than climate breakdown | George Monbiot

The shocking collapse of insect populations hints at a global ecological meltdown<p>Which of these would you name as the world’s most pressing environmental issue? Climate breakdown, air pollution, water loss, plastic waste or urban expansion? My answer is none of the above. Almost incredibly, I …

Ecology

Equation reveals the characteristics of quantum chaos

Researchers have now succeeded in formulating a mathematical result that provides an exact answer to the question of how chaos actually behaves. The …

Quantum Physics

The End Of Capitalism Is Already Starting–If You Know Where To Look

One of America’s foremost Marxist economists has never felt so optimistic in his 50-year career.<p>These days, Richard Wolff is feeling pretty glad he stuck around teaching this long. Now in his 70s and lecturing at the New School University and having become, over the course of his nearly …

In a Summer of Wildfires and Hurricanes, My Son Asks “Why Is Everything Going Wrong?”

The news from the natural world these days is mostly about water, and understandably so.<p>We hear about the record-setting amounts of water that …

Robots and AI are going to make social inequality even worse, says new report

Rich people are going to find it easier to adapt to automation<p>Most economists agree that advances in robotics and AI over the next few decades are likely to lead to significant job losses. But what’s less often considered is how these changes could also impact social mobility. A new report from UK …

An economist explains why education won’t save us from being replaced by robots

In 1964, a group of professors, activists, and scientists put together a report that warned US President Lyndon B. Johnson of three impending threats, including a “Cybernation Revolution” that would put massive numbers of people out of work. The committee included a list of recommendations for …

Why did the 2016 election look so much like the 2012 election?

Partisan identity — not policies or even candidates — now drives American politics.<p>A few months ago, I stopped by Larry Bartels’s office at Vanderbilt University. Bartels, alongside Christopher Achen, is the author of <i>Democracy for Realists</i>, which I’d become a bit obsessed with. The book argues that …

The meaning of life in a world without work

As technology renders jobs obsolete, what will keep us busy? Sapiens author <b>Yuval Noah Harar</b><b>i</b> examines ‘the useless class’ and a new quest for purpose<p>Most jobs that exist today might disappear within decades. As artificial intelligence outperforms humans in more and more tasks, it will replace …

Finally, a breakthrough alternative to growth economics – the doughnut | George Monbiot

Instead of growth at all costs, a new economic model allows us to thrive while saving the planet<p>So what are we going to do about it? This is the only question worth asking. But the answers appear elusive. Faced with a multifaceted crisis – the capture of governments by billionaires and their …

Economics

Welcome to the new dark ages, where only the wealthy can retire | Peter Fleming

As never-ending politically motivated austerity takes hold, more and more people will find they cannot afford to stop work. But it doesn’t have to be like this<p>It’s almost too easy to imagine the scenario. After spending most of our adult life in paid employment, the golden day arrives. A …

Social Work

Dismantling Dodd-Frank: Donald Trump's Valentine's gift to Wall Street | Jill Abramson

While the world was up in arms over his travel ban, our faux-populist president was courting the very people he denounced during the campaign<p>Donald Trump has succeeded in grafting his own attention deficit onto policy-making. And with executive orders flying off his desk at such a frenzied pace, it …

How corporate dark money is taking power on both sides of the Atlantic | George Monbiot

A secretive network of business lobbyists has long held sway in US politics. Now their allies in the UK government are planning a Brexit that plays into their hands<p>It took corporate America a while to warm to Donald Trump. Some of his positions, especially on trade, horrified business leaders. Many …

Scott Walker

Scientists Have Confirmed a Brand New Phase of Matter: Time Crystals

Constant motion without energy.<p>For months now, there's been speculation that researchers might have finally created time crystals - strange crystals …