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    Common Dreams. To inform. To inspire. To ignite change for the common good.
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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    robert pollin

    Noam Chomsky at MIT in 1987

    A Note on Noam Chomsky and Climate Collapse

    As Noam once said, “if you assume there is no hope, you guarantee there will be no hope.”

    C.J. Polychroniou
    Aug 11, 2024

    In many of his recent writings, Noam Chomsky has warned that humanity has reached a very dangerous point because we are now living in a world of cascading crises. Indeed, when we look around us, we see a global web of crises. Economic inequality is destabilizing democracies and making a mockery of the vision of a decent society; armed conflicts continue to mark human existence; and nuclear weapons and global warming threaten humanity’s survival. Meanwhile, we must feel aghast over the fact that cynicism and irrationality continue to define the mindset of the powers that be. This is precisely the reason why Chomsky has always seen activism as our only hope.

    What’s happening in Gaza is an abomination, one that the leaders of this world are watching coldly from a distance. The same can be said about climate collapse, which is as real as the daily slaughtering of scores of innocent women and children in Gaza by Israel’s military. Our global institutions are incapable of doing anything meaningful about these crises. Real power is in the hands of the most powerful nation-states and their leaders have opted to turn a blind eye to both disasters so as not to disrupt business as usual. Profits and geostrategic interests take priority over human lives and the environment. This is as clear as day, and it has always been so since at least the emergence of capitalism and the rise of the nation-state.

    Keep ReadingShow Less
    Opinion
    climate emergency
    Traders work on the floor of the New York Stock Exchange

    A Progressive Political Economy Guide to Inflation

    Mainstream economics failed miserably in addressing the financial crisis of 2007-08, so why would it be any different now when it comes to making sense of the rising inflation of the past 18 months?

    C.J. Polychroniou
    Jan 06, 2023

    Since 2021, prices have surged dramatically across countries and inflation has become a global challenge. Global central banks delivered historic rate hikes in 2022 in order to tame inflation and continued doing so even when inflation was falling, thereby risking a global recession.

    Indeed, for the past five months, average inflation in the U.S. has been at 2.4%. Across Europe, inflation has also been dropping. In Spain, for instance, consumer prices rose 5.8% in December, down from 6.8% in the previous month. The December figure represented the fifth consecutive month of declining inflation in Spain. Yet, the European Central Bank—which like the U.S. Federal Reserve has also set the target rate for inflation at the arbitrary number of 2% per year—plans to continue raising interest rates “significantly further” as it deems that inflation “remains far too high and is projected to stay above the target for too long.”
    Meanwhile, both the U.S. and European economies are expected to enter a recession in 2023. For what it’s worth, the head of the IMF expects a full one-third of the world to slide into recession this year.

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    Opinion
    This October 14, 2014 photo shows an oil rig in Vernal, Utah, in the Uintah Basin. (Photo: RJ Sangosti/The Denver Post via Getty Images)

    Fight Climate Emergency by Nationalizing US Fossil Fuel Industry, Says Top Economist

    "If we are finally going to start taking the IPCC's findings seriously, it follows that we must begin advancing far more aggressive climate stabilization solutions than anything that has been undertaken thus far," writes Robert Pollin.

    Jessica Corbett
    Apr 08, 2022

    In the wake of a United Nations report that activists said showed the "bleak and brutal truth" about the climate emergency, a leading economist on Friday highlighted a step that supporters argue could be incredibly effective at combating the global crisis: nationalizing the U.S. fossil fuel industry.

    "With at least ExxonMobil, Chevron, and ConocoPhillips under public control, the necessary phaseout of fossil fuels as an energy source could advance in an orderly fashion."

    Keep ReadingShow Less
    News
    New CBO Report on Medicare for All Is a Serious and Positive Contribution

    New CBO Report on Medicare for All Is a Serious and Positive Contribution

    Contrary to some press reports, the CBO study should be seen as useful and encouraging to advocates of Medicare for All

    Robert Pollin
    May 04, 2019

    The Congressional Budget Office issued a report on May 1, 2019 titled "Key Design Components and Considerations for Establishing a Single-Payer Health Care System." This report reviews a range of considerations as regards the design and implementation of a single- payer system as applied to the United States. The Medicare for All bills currently before both the U.S. House of Representatives and Senate, as introduced by Representative Pramila Jayapal and Senator Bernie Sanders respectively, both advocate the adoption of a single-payer system for the U.S.

    The CBO report (pdf) properly examines both the positive potential as well as matters of concern in establishing a single-payer system in the U.S. As the report states, "A single-payer system would present both opportunities and risks for the health care system."

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    Opinion
    Industry Front Group Called Out for Spreading 'Bald-Faced Lies' About Medicare for All Costs

    Industry Front Group Called Out for Spreading 'Bald-Faced Lies' About Medicare for All Costs

    "They are desperate to protect their profits, so they are going to lie to Americans. This is what we're up against."

    Julia Conley
    Apr 02, 2019

    Medicare for All advocates, policy experts, and journalists pushed back strongly on Monday after an astroturf front group funded by the insurance and pharmaceutical industries misrepresented facts as part of a multi-pronged effort to convince the American public that a single-payer system would be more costly than the for-profit status quo.

    On Twitter, in digital ads, and in memos to supporters and the press, the Partnership for America's Health Care Future (PAHCF) and its allies are ramping up their nationwide campaign to fight the momentum built by Sen. Bernie Sanders (I-Vt.) and other Medicare for All advocates as proponents show how the system would be more financially feasible for middle-class families and less costly overall.

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    News
    As Pelosi Unveils ACA Fix, Medicare for All Backers Say 'Now Is Not the Time for Watered-Down, Incremental Measures'

    As Pelosi Unveils ACA Fix, Medicare for All Backers Say 'Now Is Not the Time for Watered-Down, Incremental Measures'

    "Democrats have an opportunity to show real leadership with the transformative change that will most protect all Americans."

    Jake Johnson
    Mar 29, 2019

    As House Speaker Nancy Pelosi this week unveiled legislation to shore up the Affordable Care Act, Medicare for All supporters made the economic, political, and moral case that Democrats should go all the way for single-payer instead of pushing incremental change.

    "The incremental reform that I support is phasing in Medicare for All."
    --Sen. Bernie Sanders
    "Now is not the time for watered-down, incremental measures that will only put a Band-Aid on a broken health care system," National Nurses United (NNU) president Zenei Cortez, RN, said in a statement.

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    News
    The Time for Medicare-for-All Has Arrived

    The Time for Medicare-for-All Has Arrived

    It’s a matter of life and death

    Amy Goodman
    Denis Moynihan
    Mar 07, 2019
    Last week, as the media focused on President Donald Trump's North Korea summit in Vietnam and the congressional testimony of his former personal lawyer Michael Cohen, a largely overlooked news conference took place, announcing legislation that could save millions of lives. Seattle Democratic Congresswoman Pramila Jayapal introduced the Medicare For All Act of 2019, the latest attempt to pass single-payer health care. Jayapal's bill has 106 co-sponsors, close to half of the Democrats in the House.

    Jayapal is the co-chair of the Congressional Progressive Caucus, the largest caucus in the House. Among the bill's co-sponsors was Michigan Democrat Debbie Dingell. She replaced her late husband, John Dingell Jr., who was the longest serving member of Congress in history, holding the seat since 1955. John Dingell, who died in February at the age of 92, was a stalwart backer of single-payer health care, introducing legislation yearly during his 60-year tenure. He was inspired by his father, John Dingell Sr., who held that same congressional seat for the 18 years before his son. Dingell Sr. first proposed single-payer health care in 1943.

    With the new Congress this year, the most diverse in history, the 75-plus-year-long effort to secure universal health care may be at a tipping point. Whether or not it passes--considered unlikely with the Senate and White House under Republican control--single-payer health care will undoubtedly be a central issue in the 2020 presidential race.

    Keep ReadingShow Less
    Opinion
    Up Against the Wall Street Journal: A Green Job Guarantee

    Up Against the Wall Street Journal: A Green Job Guarantee

    With an environmental crisis bearing down on us, and having suffered through a nearly decade-long economic expansion that has done so little to improve the lot of most workers, this is no time for half measures

    John Miller
    Mar 02, 2019

    Forget for a moment about "Medicare for All." A proposal is gaining steam on the left that would overhaul the U.S. economy in a far more radical way. Known as a federal job guarantee, the plan would require the government to provide work on demand to any American at a minimum of about $12 an hour plus full benefits.

    Beyond its cost, the job guarantee would turn the fundamental logic of work on its head. The federal job guarantee ... could greatly weaken the productivity of the overall economy, leading to a decline in output and further job losses.

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    Opinion
    'The Time for Medicare for All Has Come': Jayapal Unveils Visionary Bill to Remake US Healthcare System

    'The Time for Medicare for All Has Come': Jayapal Unveils Visionary Bill to Remake US Healthcare System

    Calling for a "complete transformation of our healthcare system," Democratic congresswoman says what her legislation will mean is simple: "Everybody in, nobody out."

    Jon Queally
    Jake Johnson
    Feb 26, 2019

    In a historic step toward replacing America's uniquely expensive and deadly for-profit healthcare system with a humane program that would leave no one behind, Rep. Pramila Jayapal (D-Wash.) on Wednesday will officially introduce Medicare for All legislation that policy experts and advocates have praised as comprehensive, strong, and "battle-ready."

    "The state of our healthcare system is absolutely atrocious," Jayapal told reporters on the eve of the bill's release. "How is it possible that the United States, the richest country in the world, is the only major country that does not guarantee healthcare to our residents?"

    Keep ReadingShow Less
    News
    Resisting Trump Is Not Enough: 20,000 Activists Ask Democratic Candidates Where They Stand on Bold Agenda

    Resisting Trump Is Not Enough: 20,000 Activists Ask Democratic Candidates Where They Stand on Bold Agenda

    The message behind a new pledge is this: "Yes, fight Trump – but Americans also want to hear big solutions to the large economic problem our country faces."

    Roger Hickey
    Feb 20, 2019

    Suddenly Americans are debating big ideas that used to be off the table.

    New ways to raise taxes on the rich and big corporations have been proposed by candidates Elizabeth Warren, Kamala Harris and Bernie Sanders.

    Keep ReadingShow Less
    Opinion
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