Tag: capitalism

Why Biden’s Presidency May Be A Disappointment: A Pessimist’s View

I've been a pessimist from an early age. I can remember making the decision to become one. It seemed to me that if you were a pessimist you could never be disappointed: if the worst happened, it would be just as you expected; if the worst didn’t happen, it would be a pleasant (if rare) surprise! Now that I am, to coin a phrase, in my later years I find myself very fortunate in many ways, so the argument could be made that my decades of pessimism were unjustified. Pessimism is, however, a very hard habit to break.

I can still remember my feeling of elation in 1997 when Tony Blair’s Labour Party had its landslide victory over the Tories. Sadly, Blair proved a bit of a disappointment, and in the UK it currently feels as if we have always had a Tory Government. In the USA, I and many others have watched with horror the effects of 4 years of the odious Donald Trump. I had been aware of what an unpleasant creature he was long before he became President, but it was truly terrifying to see him in charge of the most powerful country on the planet! It will take many years to undo the damage that he has caused. Like numerous others around the World, I was extremely pleased when it was finally concluded that Joe Biden had defeated Trump. However, although I would have found another term of Trump almost unbearable, I didn’t feel the same elation that I felt in 1997. This is not just because (a) I am not a US citizen, and (b) the Orange Monster has not actually conceded defeat yet!

Read more Why Biden’s Presidency May Be A Disappointment: A Pessimist’s View

Why Philanthropy Doesn’t Compensate For Obscene Wealth Inequality

My previous posts have dealt with the fact that, even in the midst of a catastrophic pandemic, the ultra-rich are getting richer. However, it is well known that many of these obscenely wealthy people have given millions, and in some cases billions, to “good causes”. Surely this makes up, at least to some extent, for worsening global wealth inequality? In my last entry I made the point that the ultra-wealthy are, as a group, highly competitive: even to the extent of, in some cases, competing regarding how much of their wealth they give away!

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The Ultra-rich Will Always Be With Us

I apologise for not writing for a while, but I was away for a short break and it is sometimes difficult to “get back in the saddle” as far as writing is concerned! Before I left, I spotted an article on Forbes.com which stated that Jeff Bezos, the World’s richest man, was now richer than ever. He had, in fact, “crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths” by becoming the World’s first ever person to have a net worth of over $200 billion!

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Viral Origins: Past and Present Part 2

Zoonoses (human infections of animal origin) have become increasingly important in recent decades. Viral infections in this category include HIV, Ebola, and the Coronavirus diseases MERS, SARS, and most recently COVID-19 caused by SARS-CoV-2. This is not an accident: it results from the relentless tendency of humans to plunder ecosystems without regard for the consequences.

Read more Viral Origins: Past and Present Part 2