“Cannibal Capitalism” Is Eroding Society’s Basic Structures ...Middle East

Shortly after the United States recorded one million deaths from Covid-19, Biden’s press secretary, Karine Jean-Pierre, made a jarring remark: “We are stronger economically than we have been in history.” From a business perspective, she wasn’t wrong. Over the past two years, billionaires have more than doubled their wealth. The economy grew faster than it has in decades.Meanwhile, mortality rates mounted among disproportionately low-wage workers of color, as conversations about their “essential work” trailed off. A majority of Americans now believe our democracy is in “crisis,” and a growing number of people can’t afford basic necessities like food and rent, as wages struggle to keep pace wi

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