Category: Economics

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Anders Sandstrom: Ways Forward for the Left

The Left has lost much of its influence since the 1980s. Neoliberalism has taken over both theory and practice, and achieved many of its goals. Services that were previously public, such as health care, education and social services, have been privatized or market exposed, finance and labour markets have been deregulated, taxes have been cut, Read more…

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Richard D. Wolff: ‘There’s an Alternative to the Top-Down Capitalist Corporation’

Interview on questioning economic fundamentals

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Jack Rasmus: US Stocks’ ‘Dead Cat Bounce’ and Second 1,000 point Drop

Margin buyers will prove desperate stock sellers, driving stock prices even lower in coming weeks, entering yet another new phase

Pete Dolack: Tax Cuts & Social Security

Lurking behind this devastating corporate offensive is the little matter of the extra $1.5 trillion to be added to the deficit.

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Jack Rasmus: Breibart Billionaire Board Bashes Bannon

In the months ahead the Republican wing—for whom Trump has nicely delivered in the form of tax cuts in the trillions of dollars and with whom Trump is now playing ball with regard to free trade—will circle the wagons on behalf of Trump. The Republican party wing of the elite don’t want to drive Trump from the White House

Sharmini Peries: The Rise and Fall of the Stock Market

After such a sharp run-up in stock prices, “it really shouldn’t be a surprise to anyone that you’re going to see some downturn in the market”

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Jack Rasmus: Stock Markets Implode Worldwide—What’s Next?

The professionals are taking their money and running, leaving the ‘herd’ of small investors holding the empty bag

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Patrick Bond: New evidence of Africa’s systematic looting

A brand new World Bank report, The Changing Wealth of Nations 2018, offers evidence of how much poorer Africa is becoming thanks to rampant minerals, oil and gas extraction

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Dean Baker: The News on the Economy

It’s Not What It Should Be

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Leo Panitch: Trump Challenging Neoliberal Agenda?

President Trump will attend the World Economic Forum in Davos, days after introducing significant tariffs on Asian imports. However, these tariffs and Trump’s overall economic agenda won’t challenge the world’s elite at Davos

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