Latest Economy
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Richardson-Price: The Fight for a Six Hour Workday
To fight for a reduction in working hours is not to take a stand against labor itself, but against the compulsion towards work that is unnecessary, and for its replacement with something better
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The fake grassroots campaign run by grouse shooters is just one instance of the way democracy is being bypassed
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Lazare: Milwaukee’s War on Black People
Sheriff David Clarke is declaring war on the black youth his city has failed
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Kamal: One Humanity? Millions of Children Tortured, Smuggled, Abused, Enslaved
69 million children under five will die from mostly preventable causes, 167 million will live in poverty, and 263 million are out of school
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Shiva: Free people from ‘dictatorship’ of 0.01%
The time is ripe for a planetary freedom movement that defends and protects the freedoms of all beings from this 0.01 percent
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Moody: Labor’s New Sources of Leverage: Part 2
The concentration of ownership along industrial lines means that there are more economically rational structures now in which unions can organize
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Reed Jr.: The Battle Over Trump’s Taj Mahal Is a Battle for Us All
What those striking are now bravely confronting in Atlantic City should resonate deeply with American workers, their unions, and beyond
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By Chuck Collins, Dedrick Asante-Muhammed, Josh Hoxie and Emanuel Nieves...
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Feffer: Keep Elites Accountable, But Don’t Dumb the Issues Down
Complex global challenges require committed activists who stand on principle as well as experts on the inside who can play the political game
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Peebles: Hunger and Food Waste in a World of Plenty
Food, like shelter and health care, is enshrined in the...
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Baker: Trump agenda looks like more of the same
Republican presidential nominee Donald Trump gave his first major economic...
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Shiva: False promises and failures of Genetic Engineering
Golden rice is a false miracle. It is a disease...
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Savoulian: Obama’s Africa policy – an expanding military footprint to grab resources
The United States, while portraying its intervention in Africa as an anti-terrorist exercise, is actually the main purveyor of political destabilisation and violence
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Prentoulis: Lexit delusionaries
The Brexit campaign brought together a number of narratives, none of which signals any progress towards social justice and democracy
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Giroux: Donald Trump and the Plague of Atomization in a Neoliberal Age
This week, Donald Trump lowered the bar even further by...
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McCauley: Billionaire Bonanza as Wealth Surges Among One Percent
New study by market research firm Wealth-X found that not only has the number of billionaires grown, so have their fortunes
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Chen: Women Day Laborers Are Tired of Waiting for Work, and for Justice
In Brooklyn, a new study shows that women face an underground labor market fraught with hidden risks
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Amin: Brexit and the EU Implosion: National Sovereignty — For What Purpose?
The defense of national sovereignty, like its critique, leads to...
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Albert: Interviewing Miguel Rodriguez
Never did we talk about Marxism or socialism nor left or right. We presented ourselves as the Bolivarian movement
ZMag Economy
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The devastating wars raging across the Middle East can be explained in large part by America’s commitment to a doctrine of global militarism called “full spectrum dominance
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Passant: Panama Papers: Capitalism Working for the Obscenely Rich
The Panama Papers show us, once again, that capitalism is a system of absolute greed. It is a system where capitalist governments help their mates to hide their income and wealth while all the time businesses pretend they are paying their “fair share” of taxes.
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Rasmus: Neoliberal Economists v. Bernie Sanders
The irony of the Krugman/Gang of Four attack is that Sanders’s proposals represent what were once Democratic party positions and programs—positions that have been abandoned by the party and its mouthpiece economists since the 1980s as it morphed into a wing of the neoliberal agenda.
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Early: The Last Hurrah in Richmond?
Even Bernie Sanders, now the nation’s foremost critic of big money in politics, seems taken aback by the scale of Chevron spending on Bates’s behalf.
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What if instead banks became a public utility with an end to speculation? Proposals are being floated in the U.S. to create state banks, perhaps on the model of the successful Bank of North Dakota
Video Economy
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Wise: How Trump Uses Race to Divide & Conquer
The Trump campaign is just the latest in a centuries-long strategy of rich whites duping poor whites into channeling anger toward people of color, rather than the elite
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Chomsky: Noam Chomsky & Yanis Varoufakis discuss Basic Income (Universal Income)
Talking about the concept of a basic income guarantee also known as a universal income
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Varoufakis: Privatization, Human Rights & Capitalism
Interview on privatization, human rights, media, experience with the EU and capitalism’s ability to reform
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Uygur: Brazillian Impeachment Is Actually A Corporate Coup
The change in government marks a dramatic political shift in Brazil
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Greenwald: Goal of Rousseff Impeachment is to Boost Neoliberals & Protect Corruption
The real goal is to protect corruption
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
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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 2014 Farm Bill This is...
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Wilson: PRIMER: Farm Justice Proposals for the 2012 Farm Bill
FARM JUSTICE PROPOPOSALS FOR THE 2014 FARM BILL Introduction Here...
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Simpson: GOP Economics: Failure Is Not An Option. It’s a Requirement.
Republicans are very good at confusing people about...