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
Newly released FBI files provide direct documentation that the FBI chief and other high officials were involved in the raid and the coverup that followed.
This week the uprising in Washington and Du Bois’s writings on the Soviet Union were on your mind.
We need a different relationship to and with time and temporality to imagine new worlds and to begin bringing those new worlds into being.
The author dissects Black time and space in order to better understand the nature and mechanics of Black life and death lived in the antiblack world.
In practice, defunding police leads to endless dickering with local politicians and allows reformists to present themselves as abolitionists.
