Latest Economy
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Corporate and state power seek to extinguish not only our impulse for collectivity, but also the very essence of individual freedom and liberty
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McCoy: Trump and the Fall of Empire
Interview on Trump and Russia, the history of CIA interference in elections around the world, the Iran-Contra scandal, the CIA and the crack-cocaine epidemic, U.S. proxy wars, narcotrafficking in Afghanistan, and much more
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How a secretive network built around a Nobel prizewinner set out to curtail our freedoms
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“Free trade” agreements have very little to do with trade and much to do with imposing corporate wish lists
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Heyman: Dockworkers abandoned by politicians
The labor movement should launch a new campaign for a shorter workweek at no loss in pay as part of a struggle for full employment to benefit all, not President Trump and his Wall Street cronies
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Street: “Inclusive Capitalism” & Nancy Pelosi
A recent Washington Post and ABC poll finds that just...
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Mallett-Outtrim: Venezuela Divided
Both sides of Venezuela’s political divide claimed victory Thursday, after an opposition strike threatened to paralyze the country
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Chomsky: Planting the seeds of the future
Preface by Noam Chomsky for Practical Utopia: Strategies for a Desirable Society
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Bello: An Alternative to Globalization
A progressive future is not guaranteed. We must work to bring it about, and we will
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Ziemkowski: How Seattle Voted to Tax the Rich
We are channeling the energy that won a tax on the rich into a bold campaign for affordable housing and rent control, and knocking on thousands of doors in neighborhoods around the city
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Vogel: Transformative Media Coup
The Smiths don't have the name recognition of a Rupert Murdoch, but they're no less dangerous
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Smiley: Confronting white supremacy to build shared bargaining power
The operators of global capital use a system of white supremacy and structural racism to keep working people disorganized and isolated from each other so that they do not collectively
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Hartmann: Indentured Servitude in American Heartland
Corporations want to make sure that laborers never again have the power to tell big business how to treat them
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Allen: Myth of Drug Expiration Dates
Hospitals and pharmacies are required to toss expired drugs, no matter how expensive or vital. Meanwhile the FDA has long known that many remain safe and potent for years longer
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As media focuses on Russia collusion, Trump Is quietly stacking the Labor Board with union busters
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Big tobacco still sees big profits in America's poor
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Scipes: The Epic Failure of Labor Leadership
in 2016, union membership was only 6.4 percent of workers in the private sector, and 34.4 percent of the public sector, giving an overall percentage of 10.7 percent
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Jensen: Endangered species need a Living Planet
While we face 'hard choices' about which species and ecosystems to conserve, it's odd how we face no such quandaries over which of our frivolous luxuries to refrain from, or what murderous weapons system not to build
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Glenza: Big Tobacco Gains Massive Influence
A new report exposes how tobacco companies have gained unprecedented influence in Washington since the Trump administration came to power
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Lynd: Forgotten Labor History That Still Matters
John L. Lewis and His Critics: Some Forgotten Labor History That Still Matters Today
ZMag Economy
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No, you can’t really make this stuff up: orthodox economists continue to tell us that the reason for ongoing economic stagnation is that wages and unemployment benefits are too high. Yes, that’s right. You haven’t suffered enough
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On one hand, Trump appears to moving closer to traditional Republican party elite positions on big reductions of taxes on corporate-investor elites and on delivering longstanding elite demands to deregulate business; at the same time he appears to be moderating his position with regard to that third top priority of the U.S. neoliberal elite
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Pizzigati: For the Wealthy, A Taxing New Worry
Thanks largely to Fleischer, this preferential tax treatment of “carried interest” has now become the single most notorious loophole in the federal tax code
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The devastating wars raging across the Middle East can be explained in large part by America’s commitment to a doctrine of global militarism called “full spectrum dominance
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Passant: Panama Papers: Capitalism Working for the Obscenely Rich
The Panama Papers show us, once again, that capitalism is a system of absolute greed. It is a system where capitalist governments help their mates to hide their income and wealth while all the time businesses pretend they are paying their “fair share” of taxes.
Video Economy
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Chomsky: Profiting from Taxpayers
Interview on how the banking, fossil fuel and tech sectors all profit immensely from taxpayer dollars
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West: How Intellectuals Betrayed the Poor
For 40 years academics were duped into idolizing the idea of unfettered markets
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Chomsky: Neoliberalism & the working class
Interview on the adverse effects of neoliberalism on the working class
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Carter: Jimmy Carter Explains Trump
How The Establishment Gave Us Trump
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Varoufakis: Europe’s hidden agenda
What happened in Greece during the crisis? And what happens when you take on the establishment?
Audio Economy
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Rasmus: China Chasing Its Shadows
A look at China’s efforts since 2010 to tame its foreign ‘shadow banks’ that have been playing a central role in creating financial bubbles in its residential housing, local infrastructure, and currency markets
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Rasmus: Coporations 5, Workers -1
Dissecting key provisions in the Republican Congress’s recently passed ‘Omnibus’ Appropriations bill
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Rasmus: Oil Deflation, Russia’s Recession, and Ukraine Depression
Reviewing the continuing collapse of global oil prices and its effect on the emerging recession in Russia, continuing economic stagnation in Europe, and the deepening Depression in the Ukraine economy
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Rasmus: The Consequences of the Global Oil Price Crash
Talk on how the net effect on the global economy will likely prove to b significantly negative overall, and that the price decline could fall as low as $40/barrel in coming months
Economy Blogs
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Bohmer: Thomas Herndon’s Dismantling of Study Justifying Austerity
April 20, 2013 Thomas Herndon studied economics and political...
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Greeman: Scrooge Accepts Nobel Peace Prize
Brussels, Chrismas Eve, 2012. (From our Special Correspondant). Reactions...
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Wilson: Farm Bill: Turn Back? Take Back the Clock!
“These words may fall with an ominous sound on the...
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Wilson: Slides: The Dairy Crisis and the Farm Bill
The US (and beyond) dairy crisis is an enormous tragedy...
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Wilson: PRIMER: Revenue Insurance in the 2012 Farm Bill
PRIMER: Revenue Insurance in the 2014 Farm Bill This is...
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Wilson: PRIMER: Farm Justice Proposals for the 2012 Farm Bill
FARM JUSTICE PROPOPOSALS FOR THE 2014 FARM BILL Introduction Here...
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Simpson: GOP Economics: Failure Is Not An Option. It’s a Requirement.
Republicans are very good at confusing people about...
