Latest Economy
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Thier: The Global South Faces a ‘Vaccine Apartheid’
Just 10 nations have administered 75% of the vaccines worldwide. Countries like South Africa are being left behind
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Camp: It’s Time for Major Wealth Redistribution
No need to be all apologetic about it, either, since we would just be reclaiming the trillions taken by the billionaires
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Saunders: To Honor Black History, Fund Our Front-Line Heroes
Over the last year, some 1.3 million public service jobs, many of them held by African Americans — including nurses, teachers, EMTs and sanitation workers — have evaporated because of holes the pandemic blew open in state and local budgets
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First-Arai: Biden Could Hire Jobless Oil and Gas Workers to Plug Abandoned Oil Wells
There are 3.2 million abandoned oil and gas wells across U.S. land and waters, responsible for emitting 281 kilotons of methane in 2018 — or the equivalent of burning through 16 million barrels of crude oil
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Hollar: What Is ‘Moderate’ About Opposing a Minimum Wage Backed by 3/5ths of Voters?
In corporate media, it seems, the minority view that opposes a living wage can also be the “moderate” one—so long as it’s “pragmatically” courting business interests
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Scher: Pandemic May Have Left Over 250 Million People With Acute Food Shortages in 2020
As Black and Latinx families experience disproportionate food insecurity, experts warn of famine in dozens of countries
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Entralgo: Covid-19 Caregivers Need Care Too
A new documentary exposes the need for a federal lifeline for child care providers and working mothers
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Fassler: 10 Largest US Cities Will Spend More on Police Than Public Health This Year
Combined, these 10 cities’ policing budgets are 3.6 times greater than public health department budgets
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Collins: Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers
Another update on U.S. unemployment and billionaire wealth during the pandemic emergency
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"archaic and undemocratic rules of the Senate" are now standing in the way of ending "starvation wages in this country."
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Brooks: Joe Biden Can Cancel All Student Debt. He Just Won’t
We don’t like the word forgiveness because we don’t think student debtors did anything wrong. Your generation didn’t have to borrow like this. We’re just asking for parity
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Sandor: Why planning is political
Andrea Sandor explores how community-led developments are putting democracy at the heart of the planning process
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Paul: Tanden’s Role in Killing a Union Website Should Not Be Forgotten
While it might be Republican hypocrisy that ultimately sinks Tanden, supporters of workers rights may breathe a sigh of relief to see her removed from the budget-making process
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De Gama: 100+ Countries Push to Loosen WTO Rules on Vaccine Patents
Why Is the U.S. Still Blocking the Way?
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Soren: Small Towns and Rural Communities Need Transit, Too
Millions of rural Americans don’t have a car. With the pandemic battering transit agencies, they’re being totally isolated
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Gandikota-Nellutla: The G20 must deliver justice and drop the debt
As the G20 meet, the Progressive International’s Debt Justice group calls for a radical break with extraction and austerity — and proposes a new system in its place
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Anderson: Danny Glover: Why I’m in Alabama with Amazon Workers
The Hollywood actor is mobilizing support for warehouse workers who are making their mark on the long history of southern organizing
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Perez: Democrats Are Subsidizing Health Insurance Predators
Democrats want to pay billions to put Americans on expensive corporate health insurance plans rather than expand Medicare or create a public option. It’s a gift to a criminal private insurance industry that needs to be completely abolished
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Koeppel: In What Universe Is a $15 Wage “Too High”? Joe Manchin’s
Economic justice organizers may soon triumph in their fight for a $15 minimum wage
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Rock: How Wall Street Killed Grandma
20,000 nursing home residents died from 2004 to 2016 because they lived in nursing homes run by private equity firms, according to updated data
ZMag Economy
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Rasmus: Second COVID-19 Wave and the U.S. Economy
It’s not a COVID-19 economy. It’s a capitalist economy, the instability of which has been rendered even more unstable by the current COVID-19 health crisis
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Rasmus: Trump Whacks the Middle Class & US GDP 1st Qtr 2019 Analysis
It’s clear Trump’s 2018 tax cut is making the middle class pay for corporations, businesses, investors and the wealthiest 1% households historic tax cuts totaling no less than $4.5 trillion over the next decade
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U.S. neocons are once again back in charge of U.S. foreign policy, driving the U.S. toward yet another war and attempt at regime change of a foreign government
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Coles: Education, Jobs and Capitalism
American capitalism has a hate-love relationship with the nation’s schools
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Rasmus: Global Oil Price Deflation 2018 & Beyond
Global oil prices cannot be understood apart from understanding what’s happening with other financial asset markets and prices
Video Economy
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Monbiot: Brexit: Capitalism’s Civil War
“Farage and his ilk are just tools of something much bigger & much deeper than they are”
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Sanders: People Are Suffering ‘In A Way We Have Not Seen Since The Great Depression’
ndependent Senator Bernie Sanders discusses the need for Congress to pass a new coronavirus stimulus bill and the importance of the upcoming Senate race in Georgia
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Gindin: Canadian Workers Fight to Nationalize GM Plant
In Oshawa Ontario, workers organize for a public takeover an unused GM plant to produce electric vehicles or supplied to fight the pandemic
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 Links
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Econ Intro / Classics
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 2018 Farm Bill This is...
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Wilson: PRIMER: Farm Justice Proposals for the 2012 Farm Bill
Primer: FARM JUSTICE PROPOPOSALS FOR THE 2018 FARM BILL FARM...
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Simpson: GOP Economics: Failure Is Not An Option. It’s a Requirement.
Republicans are very good at confusing people about the economy....