Debt Without End Amen
Overwhelming student debt has become a source of worry and financial distress for many millions of people, and the problem will only get worse.
View ArticleMoney, Power and Wall Street
PBS Frontline has produced the authoritative report on the global financial crisis.
View ArticlePolitics, Poverty, Full Employment and the Living Wage
Full employment is possible, but the U.S. government has rejected it as a policy goal because it is not in the best interest of the elites who control Washington.
View ArticleAs Unions Decline, Inequality Rises
To a remarkable extent, inequality, which fell during the New Deal but has risen dramatically since the late 1970s, corresponds to the rise and fall of unionization in the United States. [Economic...
View ArticleLIBOR Explained
Marketplace explains the London Interbank Offered Rate - what it is, what it means to you and how Barclays messed it up.
View ArticleThe Super-Rich Have $32 Trillion in Offshore Tax Shelters
The super-rich of The Earth had at least twenty-one trillion dollars hidden away in secret tax shelters at the end of 2010, according to a report just released by the Tax Justice Network. The number...
View ArticleThis Is No Time For Austerity
Yesterday 350 prominent economists issued a statement urging our lawmakers and the Obama Administration to focus on jobs and economic growth, not the budget deficit. I suspect that their plea will be...
View ArticleToday’s Must Read: A Practical Utopian’s Guide to the Coming Collapse
A Practical Utopian’s Guide to the Coming Collapse
View ArticleA Bitcoin Primer
Here's three minutes worth watching. It's a simple, yet thorough, introduction to Bitcoin from Duncan Elms and Marc Fennell.
View ArticleDavid Cay Johnston on Inequality’s Looming Disaster
Salon interviews David Cay Johnston.
View ArticleNo Time For Austerity
A nasty strain of austerity capitalism has taken over Europe, leaving broken lives in its wake.
View ArticleTurnaround Means Go Backwards
According to a study by Illinois Economic Policy Institute and University of Illinois, if the six counties surrounding Chicago passed right to work laws, “The economy would shrink by 1.3 billion, state...
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The High Cost of Low Wages
The Center for Labor Research and Education at the University of California at Berkeley has produced the first report to examine the cost to the 50 states of public assistance programs for working...
View ArticleThe Four Maladies of Global Capitalism
Adam Blanden writes that If there is to be an effective anti-capitalist politics there must be a serious effort to understand not just the essentials of the system, but also how capitalism is presently...
View ArticleNews and Commentary
From Around the Web – 18 February 2016 Turkey v Islamic State v the Kurds: What’s going on? – BBC News – Although military affiliates of the PKK (Kurdistan Workers’ Party) have been some of the most...
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Reading Marx’s Capital
As my political awakening unfolded a few years ago, I began to read more widely from sources beyond the mainstream of U.S. commentary. What I was reading often made reference to Karl Marx. At some...
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What is Neoliberalism?
George Monbiot explains. So pervasive has neoliberalism become that we seldom even recognise it as an ideology. We appear to accept the proposition that this utopian, millenarian faith describes a...
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Toward A Universal Basic Income
Andrew Flowers writes about the movement in Switzerland to guarantee a basic income for all. Werner posed a pair of simple questions to the crowd: What do you really want to do with your life? Are you...
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The Rigged Game: New Report on Inequality
The Economic Policy Institute has published a new report on income inequality in the United States. Here’s a quick summary of the findings. Income inequality has risen in every state since the 1970s...
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