Latest Economy
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Prashad: Human Carnage From Billionaires
From Yemen to Haiti and everywhere in between, the poorest citizens are punished for unknown crimes
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Russom: Teachers Swap Strategies
With teachers facing similar attacks in school districts across the country, it makes sense to share strategies for fighting back
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Early deaths a ‘silver lining’ for corporations
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Most of the BRICS countries have witnessed sustained protests, many against corruption, environmental destruction and labor abuse
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Thornton: An Empire Upside Down
New directions in Trump’s approach to Latin America reveal the changed status of U.S. influence in the region
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Conway: Venezuela: Target of Economic Warfare
One reason Maduro is so despised by the opposition is that he refuses to follow the neoliberal economic prescription of austerity, privatization, deregulation, etc.
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Golinger: Battle for Venezuela and Its Oil
There is a long history of Washington meddling in the affairs of Venezuela
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Brooks: Why Did Nissan Workers Vote No?
By all accounts, organizing committee members were too intimidated even to speak up during Nissan's captive-audience meetings
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This strike is about the bigger fight between corporations and workers. I believe this is part of a war being waged against organized labor, and the corporations' efforts are only increasing
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Pettifor: Economic crash, ten years on
A decade after the start of the crash, economic power is in our hands – we must take it
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Rasmus: Central Banks Creating Next Crisis
The fundamental changes in the global economy and radical restructuring of financial, capital and labor markets have severely blunted central banks’ main monetary tool of interest rate management
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Tweedy: Capitalism and mental illness
What if it's not us who are sick, but a system at odds with who we are as social beings?
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Carlsen: Trump’s Obsession with Mexico
The verbal bluffing is crucial window- dressing in the absence of a policy that could really fix NAFTA to the benefit of both countries
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Unleashing the Transformative Potential of an Equitable Economy
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Baker: Miracle of Government-Funded Research
The pharmaceutical industry and its allies would like us to believe that if the government touches the research process, it wrecks it
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Robertson: ‘Yes In My Backyard’
Andrea Mitchell knows a dog whistle when she hears one....
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Aronoff: Millennials Are Killing Oil Industry
57 percent of teens now see the fossil fuel industry as bad for society, and 62 percent of those aged 16 to 19 say working for oil and gas companies is unappealing
ZMag Economy
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No, you can’t really make this stuff up: orthodox economists continue to tell us that the reason for ongoing economic stagnation is that wages and unemployment benefits are too high. Yes, that’s right. You haven’t suffered enough
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On one hand, Trump appears to moving closer to traditional Republican party elite positions on big reductions of taxes on corporate-investor elites and on delivering longstanding elite demands to deregulate business; at the same time he appears to be moderating his position with regard to that third top priority of the U.S. neoliberal elite
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Pizzigati: For the Wealthy, A Taxing New Worry
Thanks largely to Fleischer, this preferential tax treatment of “carried interest” has now become the single most notorious loophole in the federal tax code
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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.
Video Economy
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Chomsky: Building Sustainable Economies
Interview on the politics in Ecuador, Brazil, Venezuela and across Latin America
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Chomsky: Profiting from Taxpayers
Interview on how the banking, fossil fuel and tech sectors all profit immensely from taxpayer dollars
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West: How Intellectuals Betrayed the Poor
For 40 years academics were duped into idolizing the idea of unfettered markets
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Chomsky: Neoliberalism & the working class
Interview on the adverse effects of neoliberalism on the working class
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 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...
