Proposed Tax On Million Dollar Living Spaces Serving As Second Home

“For properties valued between $5 million and $6 million, a 0.5 percent surcharge would be added on the value over $5 million. Fees and a higher surcharge would apply to homes that sold for more than $6 million, topping out at a $370,000 fee and a 4 percent surcharge for homes valued at more than $25 million.”

This would be huge in NYC where so many high end living spaces remain empty for they are just investments.

Would be great for a subway system revamp, and any leftover for remedying the housing crisis there.

www.nytimes.com/2019/03/11/nyregion/mta-subways-pied-a-terre-tax.html

NYT: “The Making of a U.K. Millennial Socialist”

Stand with our British sisters, brothers, and comrades!!!

nyti.ms/2GEXexS

Expert on Venezuela Stand-off says Attempted Aid Delivery: “It was a farce, and it failed.”

Mark Weisbrot, the co-director of the Center for Economic and Policy Research, who advocates a negotiated end to the political crisis (said),

”The ‘humanitarian aid’ this weekend was a public relations stunt, since the aid was just tiny fraction of the food and medicine that they are depriving Venezuelans of with the sanctions….As the Trump administration admitted, it was an attempt to get the Venezuelan military to disobey Maduro. It was a farce, and it failed.”

https://apnews.com/fda32cb8f5b944a989f6c2443c5c8084

Maduro Critic Even Argues A U.S. Coup Attempt is Occurring in Venezuela

A great Democracy Now! interview with a Caracas professor who, though being a Maduro critic, explains how U.S. aid is an attempt to incite the Venezuelan publics support for a Guaido/U.S. coup.

Also explains how U.S. sanctions are true cause for Venezuelan economic crisis.

Plus, for good measure, they have snippets of Trump spewing lies at one of his rallies calling Maduro a “Cuban Puppet.”

www.democracynow.org/2019/2/22/this_is_not_humanitarian_aid_a

Americans Should be Envious: “Why Infants May Be More Likely to Die in America Than Cuba”

nyti.ms/2HieZUR

A great op-Ed by Nick Kristoff at the NYT explaining how, though lacking in first rate medical technology, the infant mortality rates are actually lower in Cuba. We could take away many good practices from the Socialist, island nation so close to our shores.

Slaves for Fashion “Prison-Made Brand Carcel Reimagines Fashion From The Inside Out”

Brand CEO Veronica D’Souza on creating a ‘different ecosystem’ in fashion and the launch of a new Thai silk collection made in a maximum-security prison
— Read on www.forbes.com/sites/maryjanewiltsher/2019/01/28/prison-made-brand-carcel-reimagines-fashion-from-the-inside-out/amp/

What are so-called “fair wages”? Is there any choice not to produce clothing for the rich?

Prison work is slavery. It is not dignifying.

Communism: Learning from the Past and Present

As I have put forth in my previous posts, a socialist government is the best political system to be realized today in the interests of the 99%. But if we are going to move towards having the power taken back from the rich and given to its rightful owners, the workers, we must avoid making the mistakes made by Communist countries today and in the past.

One of the most dangerous actions taken by the radical leftist governments of the past is that they tried to realize unrealistic goals too soon. E.g., China had its “Great Leap Forward,” the Soviets under Stalin always put forth these “5 Year Plans” that hurt the Russian people at the hands of Stalin’s vain attempts at greatness, and the Khmer Rouge in Cambodia killed over a million of their countrymen partially due to economic reforms. And these often just occurred to catch up with capitalist countries in the areas of industry, science, military, and infrastructurevtoo fast. Foolish.

The are two reasons why this is true, namely:

  1. Revolutionaries have no idea how to run a country. This often leads to unspeakable hardships and suffering for the reasons mentioned above in the pursuit of grand ideals.
  2. The three countries outlined above, i.e., Stalin’s Soviet Union, Mao’s China, and the Khmer Rouge’s Cambodia, were ruled under brutal dictators, or very small groups of leaders, who ran authoritarian governments. They involved purges, gulags, and mass murders of so-called “enemies of the people.” And these things are still taking place in North Korea under the rule of the Kim family and their latest criminal, thug leader, Kim Jong Un.

But in terms of the socialist experiment in Cuba, we could learn a lot of positive things from them. The U.S. capitalist media would have you believe that the Castros are no different than Stalin or Un, but what they don’t report are the great strides towards equality taking place in the small island country. E.g., they have redistributed land to the peasants through land reform. Once the Cuban peasants were slaves to rich plantation owners, but as a result of the revolution, the land owned by the corporations and plantation owners has now been divided amongst the people who work the land. And that is just one example of the successful reforms. They have also gotten away from just being a sugar-dominated economy and even become a powerhouse in the research and development of new medicines that are often purchased, yes, by the U.S. government.

Yet this has succeeded by not having some grand goal of building a developing country into a society where they are immediately just as technologically advanced as  the U.S. These are examples of how ideas and policies could be learned from a socialist society to be translated instilled in a more equal America.

So in conclusion, the brutality of Stalin’s Soviet Union, Mao’s China, and Cambodia under the Khmer Rouge is due to harsh authoritarian governments, not an attempted realization of a fully socialist society. These dictatorships had vain rulers trying to advance mostly Third-World countries into global players too fast. Yet we can look to somewhere like Cuba for positive ideas to enact here in the U.S. in pursuit of a more egalitarian society.

Social Capital and The Lack Thereof

Graduates walking towards future

I have been watching the PBS NewsHour these past few days to see their week long segment on one of the biggest problems facing American higher education today, namely, the lack of success by incoming students from lower-income households. Here’s the introduction:

More students are enrolling in college, but the percent of students who actually earn a college credential by the age of 24 has only increased significantly for families with the highest household incomes. Between 1970 and 2013, the percent of students earning college credentials from families with incomes in the top quarter of all household rose from 40 to 77 percent.

For students from families in the lowest quarter of all households, attainment of a college credential rose from 6 to just 9 percent.

So why is this occurring if the intelligence and academic proclivity of the two groups are equal through other indicators? In my analysis of the report, it is a lack of what academics call “social capital.”

Let’s have a proper definition here from Comer, 2015.

             I understand social capital as the relationships, norms, and trust acquired in meaningful networks that provide individuals and groups with the capacities to gain the training and tools, or human capital, necessary to participate in the economic and related mainstream of our society. Such participation provides productive and economic benefits to individuals; and/or social and human capital for the society (Putnam 1993, 1995; Coleman 1988; Woolcock 1998).

And to provide a little more accessible illumination of social capital’s nature:

               Individuals acquire social capital in the social and economic networks around them–family and friends, kin and meaningful contacts of the family network; the networks of school and work; economic and governance networks at all levels. Positive interactions with knowledgeable and meaningful family or caretakers in mainstream cultural environments at home facilitate the acquisition of social capital needed for school success (Comer, 2004). Reasonable economic wellbeing makes positive interactions more possible.

In Comer, 2015, he provides an autobiographical sketch that shows how he, coming from a low-income household in an economically-depressed area of Chicago, attained his social capital.

He speaks of how his mother was the housekeeper for some of the most affluent Chicago residents of the time. She would blend in through imitation the best way she could despite her lack of education (she only had 2 years of formal instruction), and Comer’s Father was a Baptist minister respected in the underdeveloped community that he resided in.

So he would have play dates at the affluent employers’ homes and would be taken to places such as museums, baseball games, and travel with social organizations through the Church and school sponsored groups.

So with his mother’s social capital gained through her employment, and his father’s provided by his position in the community, came the ability to pass it on to their children. They were taught through imitation of these other affluent peers and adults how to behave and what to like and do. They adopted much of their culture.

And as for the economic benefits of this social capital, K. Mahmood, 2015, lists that it influences career success (Burt, 1992, and Gabbay and Zuckerman, 1998) and facilitates in finding jobs (Lin and Dumin, 1996). So who you know, and who you’re like, is just as important as what you know.

 

Mother Leaves Kids in Car During Job Interview

22-SHANESHA-master675An absolutely heartbreaking story in the NYT on the crimes of a single, homeless mother, Shanesha Taylor, who left her two sons in a hot car during a job interview.

Occurring on March 20th, she was reported and arrested in the parking lot after two office workers heard crying coming from her care. One of her sons is two years old, the other was 9 mos. Police in the town of Scottsdale, AZ, estimated that inside the car the temperature was over 100 degrees. The two could have easily died during the 70 minute interview where she was offered a job at Farmers Insurance.

The piece recounts the events of Ms. Taylor’s economic downfall which began in 2006 and and with the arrival of the Great Recession in 2008. She lost her job, moved from place to place, and could find no employment that paid enough to cover any form of shelter, much less enough for childcare services. She lived in her Durango for days and days.

Taylor has now been bailed out of jail thanks to anonymous donors, yet still faces two felony child abuse counts for her actions.

This is a must-read. How can we expect to protect our society’s most vulnerable in an economy and with a government structure that treats our own citizens so unfairly. Yet, you cannot leave your very young children in a hot car no matter what the circumstances. This story just tears you apart.

You can find a petition calling for Scottdale’s prosecutor to drop the charges against Ms. Taylor at this link.

 

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Krugman On Giles, Piketty, and Inequality

Krugman_New-articleInlineA June 1st op-ed by Paul Krugman that argues that inequality is rising in the Western World, and especially in the U.S., while debunking Chris Giles’ (the economics editor of The Financial Times) critique of Thomas Piketty’s best-selling economics book “Capital In The 21st Century”.

Read Here.

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