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Friday, April 26, 2024

Should Billionaires Be Taxed Differently?

As a columnist for The Washington Post, Megan McArdle works for the Post’s owner, a man named Jeff Bezos. Over the past two decades, McArdle has had numerous other prestigious bosses. She boasts a solid career in high-level journalism, having worked for The Atlantic, Newsweek, The Economist and Bloomberg, among others. Bloomberg View’s executive editor, David Shipley, once called her “an extraordinary writer and thinker.”

Saudi Seeks to Replace UAE and Qatar

Saudi Arabia has stepped up efforts to outflank the United Arab Emirates and Qatar as the commercial, cultural and/or geostrategic hub in the Gulf. The Saudis recently expanded their challenge to the smaller Gulf states by seeking to position Saudi Arabia as the region’s foremost sports destination, once Qatar has had its moment in the sun with the 2022 FIFA World Cup. The kingdom seeks to secure a stake in the management of regional ports and terminals, which have so far been dominated by the UAE and, to a lesser extent, Qatar.

How the Tech Giants Work for the Security State

The United States proudly believes in its uniqueness as the one nation in this corrupt world that remains dedicated to the freedom of its citizens. That belief is part of the nation’s founding myth. Americans see their nation as representing an ideal, a model for all other nations to emulate. They continue to believe that their government is committed to their own unassailable freedom, even after the increasingly visible stranglehold over all of its institutions by the military-industrial complex, a process already well underway when President Dwight Eisenhower denounced it 60 years ago. 

A Modi-fied India Has Weakened on the World Stage

Narendra Modi, the prime minister of India, has completed seven years in office. At the same time, his autocratic leadership has brought the simmering discontent in the foreign policy establishment out in the open. Some members of the Forum of Foreign Ambassadors of India signed an open letter slamming critics of Modi’s foreign policy. On May 31, the government notified the Central Civil Services (Pension) Amendment Rules, 2020, to further muzzle dissent by retired bureaucrats.

Does the World Need to Contain China?

The rise of China has revived the rhetoric of Cold War-era containment to depict competition between dominant powers, although the state of international relations is fundamentally different. Containment strategy toward China featured prominently in former US President Donald Trump’s policy, and many believe that strategic competition will continue to define the relationship under the Biden administration but in a different form. However, the necessity to contain China is a contested idea both on economic and ethical levels.

ProPublica Reveals the US Is a Tax Haven

This week, ProPublica published a long, detailed article that blew the roof off two burning and intimately related questions currently in the news: wealth inequality and taxation. In the wake of the 2008 financial crisis, Thomas Piketty, Branko Milanovic and numerous pundits in the media have written reams on the topic. Politicians like Bernie Sanders and Elizabeth Warren have highlighted the issue and made proposals to address the problem. When Sanders suggested during the Democratic presidential primary that “billionaires shouldn’t exist,” the Democratic Party turned to one of the richest billionaires, Michael Bloomberg, counting on his financial clout to prevent the Vermont senator from winning the party’s nomination.

They Are Coming for Us

Quoting its favorite source for everything we need to know about the world, The New York Times clarifies the burning question of UFOs: “American intelligence officials have found no evidence that aerial phenomena witnessed by Navy pilots in recent years are alien spacecraft.” This is The Times’ way of telling its readers that there ain’t much there.

Growing LGBTI+ Hate Shows the UN’s Need to Adapt

Since February, security forces have arrested at least 24 people in Cameroon for alleged same-sex conduct or gender nonconformity. In Uzbekistan, videos showing the abuse, humiliation and beatings of gay men have been circulated around social media groups. In Poland, the government’s ongoing campaign against LGBTI+ people continues, with proposed legal changes to prevent same-sex couples from adopting children.