Latest Economy

• Svart: Capitalism Isn’t ‘Broken’. It’s Working All Too Well

  Exploitation is a feature of capitalism, not a bug
• Heidtmann: The hidden agenda behind corporate-led reforms

  Do not fall for the corporate class’s offer to self-regulate. It is only interested in silencing criticism and expanding its own power and influence
• Johnson: 1% Gained $21 Trillion in Wealth Since 1989

  Bottom Half Lost $900 Billion
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  Cohn: Sanders Proposes New Economic Bill of Rights

  Presidential candidate Bernie Sanders delivered a full-throated defense of democratic...
• Dolack: Look to U.S. executive suites, not Beijing, for why production is moved

  Empty public rhetoric aside, Trump administration policy on trade, consistent with its all-out war on working people, is to elevate corporate power
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  Baker: Trump’s Capricious Tariffs Open the Door to Corruption

  There is little reason to doubt that Trump will use tariffs and their application as a tool to reward friends and punish his political enemies. After all, vengefulness is the one principle that Trump has adhered to consistently
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  Monbiot: Want to tackle inequality? Then first change our land ownership laws

  From housing costs to wildlife collapse, we pay the price while the rich boost their profits. But from today we can fight back
• Trebeck: Building a wellbeing economy

  Meeting the challenges of the 21st century means ending the pursuit of perpetual growth, and building an economy that is regenerative, collaborative and purposeful
• Hansen: “Batshit jobs”

  An in-depth look at workers’ participation in the climate and ecological breakdown, and how this might be transformed into ecological care, and leveraged for change
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  Wittner: Whatever Happened to an Affordable College Education?

  By the 2017-2018 school year, the average annual cost at public colleges stood at $25,290 for in-state students and $40,940 for out-of-state students, while the average annual cost for students at private colleges reached $50,900
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  Prashad: To Be Effective, Socialism Must Adapt to 21st Century Needs

  What exactly is socialism, why did it lose steam toward the latter part of the 20th century, and how do we distinguish democratic socialism, currently in an upward trend in the U.S., from social democracy, which has all but collapsed?
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  Carlsen: Trump’s Mexico Tariffs Are About White Nationalism, Not Trade

  There’s nothing “uncontrollable” about people applying for asylum. All the U.S. has to do is meet its obligations under international law
• Perez Rocha: Trump’s Mexico Tariffs: A ‘Foolish’ Policy

  There are basic calculations that indicate that the cost of one of Trump’s planned tariffs to Mexico will be paid basically by U.S. citizens. Some say that some households might end up paying as much as $600-800 in the raised costs
• Jamieson: A Court Blocked Trump’s Bid to Weaken Unions

  The White House Found Another Way
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  Carlsen: Republicans Clash with Trump over Proposed Tariffs

  Senate Republicans defied the president Tuesday, announcing their opposition to the tariffs
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  Feffer: The Misadventures of ‘Tariff Man’

  For Donald Trump, tariffs are a substitute for diplomacy, just as harassment in his personal life is a substitute for normal human interaction
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  Baker: The Wonderful World of Free Market Drugs

  The first and most basic point is that in nearly all cases drugs would be cheap. Drugs are very rarely expensive to manufacture
• Marlens: The Farms of the Future

  Farms of the future should be regenerative, diverse, accessible, community-oriented, places of celebration
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  Early: Trump Launches D-Day Assault on Veterans Care

  Trump’s “counter-revolution” in veterans’ care will divert billions of dollars from a national healthcare system uniquely equipped to serve the poor and working-class veterans who qualify for VHA coverage
• Gurtov: Why the Trade War with China is So Dangerous

  The trade war is about a lot more than technological competition, soybeans, and even workers’ rights. It is the tip of the iceberg, just one reflection of a world order that, to the Chinese, is rapidly changing in China’s favor