Latest Economy

• 

  Halimi: What systemic really means

  Here is the core of the system: ‘white privilege’ means the power of money
• 

  Wolff: COVID-19 Exposes Weakness of Major Theory Used to Justify Capitalism

  A positive outcome of the coronavirus disaster would be a wider appreciation that liberating ourselves from capitalism requires rejecting its self-justifying ideology of efficiency.
• Anderson: Shrink Wall Street to Guarantee Good Jobs

  A new House proposal would ensure that all Americans in hard-hit areas could have a job. A tax on Wall Street windfalls would pay for it
• 

  Falk: Post-COVID Prospects Assessed

  Are we going for more convergence or divergence? More nationalism and divisiveness or more connectedness?
• Logan: Facebook and Its Big Tech Cronies Are Upgrading Their Anti-Union Tools

  If workers continue to organize, it’s possible that Big Tech’s big brother surveillance tools may not be sufficient to quell these collective voices of protest
• Germanos: ‘Historic Victory for Working People’

  Seattle City Council Passes Progressive Tax on Big Business to Fund Relief
• 

  Pizzigati: Social Distancing for Mega-Million Fun and Profit

  Stocks are soaring, auctioneers are hammering, and the awesomely affluent are feeling no pain
• 

  Kolhatkar: The Merits of Medicare for All Have Been Proven by This Pandemic

  The horror of the coronavirus pandemic proves that progressives have been justified in demanding a single-payer health care system
• Mehri: Anti-racism requires so much more than ‘checking your privilege’

  Self-reflection is welcome. But until we undo the structures that hold up anti-blackness across the world, injustice will persist
• 

  Rasmus: Why 3rd Quarter US Economic ‘Rebound’ Will Falter

  The US is currently experiencing what might be called a ‘triple crisis’. A health crisis that shows little sign of abating. A deep economic crisis that is still in its early phases. And a ripening political crisis
• Purkayastha: The World Can Show How Pharma Monopolies Aren’t the Only Way to Fight COVID-19

  After his disastrous handling of the COVID-19 epidemic, Trump is trying to improve his waning electoral chances by reserving all of Gilead’s stock of remdesivir
• Bruenig: The Racial Wealth Gap Is About the Upper Classes

  Here’s an idea: we should redistribute wealth from the largely white 1 percent to the poor and working class of all races — tackling both racial and class inequality simultaneously.
• Bernd: Housing Activists Unite to Fight Mass Evictions and Defund Police

  “I just don’t feel that police evicting people is a way to ‘protect and serve.’”
• Johnson: Sanders Calls on ‘Do-Nothing’ Senate

  Approve $2,000 Monthly Checks, Cancel Rent, and Expand Medicare
• 

  Baker: Unemployment Benefits Should Depend on the Pandemic

  The basic point here is a simple one. If the pandemic is out of control, we should be encouraging people to stay home, not to return to work
• Ottenberg: Re-Organizing Labor

  A look at Shaun Richman's newly published Tell the Bosses We’re Coming
• 

  Fletcher: Minor League Teams Could Be Latest Casualties of COVID’s Disaster Capitalism

  Now is the time for action, not pity
• Galant: We Need a Global Green New Deal

  The rules of the global economy got us into this mess. But rules can change
• The Associated Press and Hannah Recht and Anna Maria Barry-Jester: Hollowed-Out Public Health System Faces More Cuts Amid Virus

  The U.S. public health system has been starved for decades and lacks the resources necessary to confront the worst health crisis in a century
• 

  Ellner: David Harvey’s New Thesis “Capitalism is too Big to Fail”: Is it?

  It is surprising that at this moment, when dire circumstances have generated a degree of hope, with the Black Lives Matter protests and such widespread disillusionment with the system, that Harvey comes up with this line of thinking