For most of the 20th century, until the 1980s, each generation of retirees had a somewhat higher standard of living than the last. With the Reagan era advent of federal policies encouraging private employers to raid and discontinue defined benefit pensions, that trend stopped. The current generation of retirees are discovering that their 401Ks are almost never sufficient to allow a dignified retirement. They've been robbed. 401Ks are subject to the stock market, which favors insiders, and financial managers and the retirement-industrial complex extract as much as a quarter of all 401K savings in parasitic fees. In this Against the Grain interview James Russell explains why Wall Street loves privatized and individual retirement accounts, and hates defined beneift pensions and social security,
listen
http://www.againstthegrain.org/files/files/atg/atg_2014.11.12_401ks.mp3
Black Agenda Report's analysis of the US instigated crisis in Ukraine makes clear that imperialism is the source of turmoil in that country.
The history of the Maroons of Jamaica’s Cockpit Country is a story of the difficulties of Black sovereignty and autonomy in an imperial world.
Corporate media used the 2022 Beijing winter Olympics to create endless anti-China screeds. An athlete was even condemned for choosing to affirm her Chinese heritage.
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Poverty, wage theft, injuries, and even death are features of the temporary employment system.
