Latest Economy
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Bravo: Paid Family Leave and Paid Sick Leave
Today we bring you a conversation with Ellen Bravo, co-director...
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Baxter: Blueprint for a Banana Republic-Style Dictatorship
A combination of spending cuts that will escalate domestic poverty while simultaneously increasing investments in militarism
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According to an International Monetary Fund study of twenty advanced economies, union decline accounted for about half of the increase in net income inequality from 1980 to 2012
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Dangl: Expanding Global War on Backs of the American Poor
Let us begin by rejecting Trump’s budget and saying no more war on the backs of the poor
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Polychroniou: The Effects of Greece’s Loss of Sovereignty
For the last several months, Greece's international creditors -- the European Union and the International Monetary Fund -- had been at a standoff over debt relief
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Can a Movement to Hurt the President Financially Change the Political Landscape?
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Engler: Entrenching colonialism in Africa
The recent seizure of phosphate from a Moroccan state company in South Africa and Panama is a blow to corporate Canada and a victory for national independence struggles
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Eltham: Facebook & Google Taxed for Journalism?
The market dominance of the two US tech giants Google and Facebook is such that they constitute an effective duopoly on online Australian media
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Schuhrke: “More Sweatshops than Starbucks”
“The culture of fear is on purpose”
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Aronoff: Seizing Means of Production
Two bills would direct more than $45 million in funding to state-level employee ownership centers, aimed at providing training and technical assistance to current and prospective worker-owners
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Wallerstein: Global Left vs. Global Right: From 1945 to Today
In the ongoing structural crisis of the modern world-system, which began in the 1970s and will probably last another 20-40 years, the issue is not the reform of capitalism, but its successor system
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Zweig: The Future of Progressive Politics
Using income or education instead of power to establish the working class obscures the most important element class shares with race and gender: all are manifestations of power relations
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Star: Jeremy Corbyn’s Church House Speech
We will build a new economy, worthy of the 21st century and we will build a country for the many not the few
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Excerpt from Noam Chomsky’s new book, Requiem for the American Dream: The Ten Principles of Concentration of Wealth and Power
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Barber II: A new Poor People’s Campaign
The future of our democracy depends on us completing the work of a Third Reconstruction
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Engler: Canadian colonial dreams
Can cute Canadian Caribbean dreams about enchanted islands come true? Or is reality more complicated and Canada a far less benign actor than we imagine ourselves to be?
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Clark: Labour’s manifesto a shift to the left
It's no time for compromises with the right
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Dolack: Housing is a human right
A basic problem of housing it this: Housing is a...
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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Barlow: Corbyn’s New Labour Manifesto
Jeremy Corbyn's new "For the Many, Not the Few" manifesto puts sweeping progressive change on the table, much to the chagrin of the British political and media establishment
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Varoufakis: Why Universal Basic Income is a Necessity
Arguments include a macro socio-economic, psychological, philosophical and moral perspective
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Chomsky: Requiem for the American Dream
Discussion focusing on Chomsky’s new book, "Requiem for the American Dream: The 10 Principles of Concentration of Wealth & Power"
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Atkinson: Good old fashioned feudalism
So I could be right about this, or I could...
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...
