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
In 1921 thousands of whites attacked the Black population of Tulsa, Oklahoma with machine guns, airplanes, fire and pure hatred, killing at least 300.
More policing rarely results in justice for anyone, and only puts Black, Indigenous, and other communities of color (BIPOC), including Asian people, at risk for more violence.
“Bombing Somali civilians is one of AFRICOM’s main projects,” writes Mohamed Haji Ingiriis, a young Somali historian.
The worldview animating Haitian masses today is leading to a social context ungovernable within the framework of prevailing economic neo-liberalism.
This book challenges the myth that 1994 was the turning point in South Africa -- because the liberation process is unfinished.
