Category: Economics

Dean Baker: Good News, the Stock Market Is Plunging

Thoughts on Wealth

Teresa Ghilarducci: The GOP Tax Cuts Are Already Hurting Social Security

The GOP has been intent on destroying Social Security since 1934 when its creation was first proposed by the Roosevelt administration. This, however, remained always a rather remote possibility … until now. With Trump and Congress transferring even more wealth to the rich and large corporations in the form of tax cuts that will land Read more…

Patrick Bond: South Africans peer down Trump’s world economic $#!thole

South Africa has just witnessed two major economic events which spoke volumes about the prospects for global and local capitalism

Adam Parsons: A Global People’s Bailout for the Coming Crash

The financial sector is now larger and more dominant than ever, and an even greater crisis is set to happen anytime soon

Pete Dolack: Flat Wages

As long we continue to fail to question the world economic system, our conditions will only worsen

Gerald Epstein: Will Trump’s Policies Wreak Havoc on US and Global Economies?

Interview on several myths and misconceptions about the developments that Trump has tried to frame as an “economic miracle”

Jack Rasmus: Can ‘IT’ Happen Again?

The 10th Anniversary of Lehman Brothers 2008

Walden Bello: Why financial sector reform is not enough

The real battle is now between two post-globalization camps: social democrats… and fascists

Jérôme Roos: Crisis of global capitalism never really ended

With inequality on the rise, global debt higher than ever and international tensions intensifying, the political backlash to the crash of 2008 has only just begun

Lynn Stuart Parramore: The Next Financial Catastrophe is Cooking

Ten years after Lehman Brothers’ collapse, the Wall Street casino is running amok

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