Truthout
Economy
Wall Street Beware: The Public Banking Movement Is Coming for You
There's a budding movement in the U.S. that's reimagining banking in a way that truly serves the public.
Universal Benefits Will Help People With Disabilities Escape Poverty
The means-tested benefits model has trapped people with disabilities in poverty without a clear path out.
Replace Patent Monopolies With Direct Public Funding for Drug Research
The savings in drug costs with generics would more than pay for funding the research.
Facebook’s Audacious Bid for Global Monetary Control
A currency intended for trade on a national scale needs to be not only centralized but democratized.
One Trump Tax Cut Was Said to Help the Poor. A Billionaire Ended Up Winning Big.
The tax code already favored real estate developers like Trump, and his overhaul made it even friendlier.
Under Trump, Manufacturing Job Growth Slows to a Trickle
The average hourly wage for manufacturing workers is, for the first time ever, slightly below the overall average.
Walmart Got a $2.2 Billion Tax Cut. Now It’s Laying Off Workers
Walmart is one of many companies that shared a windfall from its GOP tax cut with shareholders while laying off workers.
Trump Administration Wants to Redefine the Poverty Line, Shrinking Public Aid
A government by and for plutocrats wants to define millions of people out of poverty using statistical sleight of hand.
Facebook Sparks Outrage After Announcing Plans for Digital Currency
The plan has already come under fierce criticism from financial regulators and lawmakers.
US Sanctions Are Deadly, Illegal and Ineffective
The Trump administration is using its economic weight to try to exact regime change in Iran and across the globe.