Railroad workers have reached a new tentative union contract with rail companies, averting a potential strike set to start on Friday that could have shut down rail service across the United States. The deal, which has yet to be released in writing and ratified by union members, is said to grant one paid sick day to workers, allow workers to attend medical appointments without being subject to attendance policies, and give a “semblance of a schedule” to rail workers, who are currently on call to work 24/7.
Economics
Prime – Ann Pettifor: Rentier capitalism is profoundly risk-averse
21st century capitalism bears little resemblance to the capitalism that fired the Industrial Revolution, or indeed to the more recent Thatcher/Reagan model of capitalism. Key sectors of today’s new hyper-capitalism are profoundly risk averse. Read […]
Economics
Luigi Zingales : The Italian president’s decision to reject an elected government makes neither economic nor political sense.
In the 20th century, when electoral results did not please the established elite and its international allies, tanks rolled down the street. In the 21st century, the reaction is less bloody, but no less intrusive. […]
Climate Crisis
Reclaim Finance: Infected by oil and gas giants: a short story of ECB’s covid asset purchases
The EU and its institutions, those paragons of virtue and goodness – always neo-liberal, always in the sevrive of corporations Read here
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