Friday, June 7, 2019

In the news, Sunday, May 26, 2019


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MAY 25      INDEX      MAY 27
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from Asia Times
LEAST BIASED, HIGH;  News & Media Website based in Hong Kong

China’s biggest chipmaker delisting from NYSE
SMIC officials say the delisting has nothing to do with the escalating US-China trade war or the Huawei ban.

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from HumanProgress.org  Education Website

Unskilled Workers and Food Prices in America (1919-2019)
Speaking to an enthusiastic crowd at the South by Southwest conference in Texas on March 9, Congresswoman Alexandria Ocasio-Cortez (D-NY) stated that “Capitalism is an ideology of capital – the most important thing is the concentration of capital and to seek and maximise profit … we’re reckoning with the consequences of putting profit above everything else in society. And what that means is people can’t afford to live.” “Capitalism is irredeemable,” she concluded. The cost of living isn’t easy to calculate. A declining cost of home appliances, for example, needs to be juxtaposed with the growing cost of healthcare, etc.  In the space of this short op-ed, I want to focus on an expense that is intimately tied up with the very survival of human beings – the price of food. Throughout the history of our species, people lived in a state of undernourishment. In developed countries today, obesity is a growing problem and food is cheaper than ever. In fact, basic food items in America have become almost eight times cheaper relative to unskilled labor over the last 100 years.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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