Truthout
Economy
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Dean Baker | The Entitlement of the Very Rich
Last week we got to see the thinking of the very rich when Jeffrey Immelt, the CEO of General Electric, complained at a summit that there is even an …
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Is Worker Ownership a Way Forward for Market Basket?
Market Basket seems a prime candidate for transition to employee ownership that can keep the leadership that built the company's culture in place.
On the News With Thom Hartmann: Walgreens Will Not Move Overseas to Avoid Taxes, and More
Walgreens has caved to public pressure and announced that they will not move overseas to avoid paying US taxes, and more.
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Inside Our Profoundly Unequal “New Normal“
Wealth's current tilt to the top sometimes seems almost eternal. But can our economy “self-correct”? A provocative new paper out of the developed world's official research agency contemplates our …
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For Disenfranchised Haitian Islanders, Tourism Signals a Paradise Lost
Islanders are angry at their exclusion from the government decision-making process that has opened the island for investment - investments that place residents' futures in limbo.
Tax Dodger Running for Governor in Illinois
If elected governor of Illinois, tax-dodging one-percenter Bruce Rauner may well support legislation to loosen the rules and help other wealthy investors and corporations avoid taxes by parking their …
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Lessons From Social Movements: Six Notes on the Radical Imagination
The imagination can be the catalyst for collective liberation, but only if we embrace radical ideas and practices, and open ourselves to the possibility that our world could be …
How Gender Changes Piketty’s “Capital in the Twenty-First Century“
Women have a lot to gain from an economy that rewards individuals based on what they do with their life, not who they marry or who their parents are.
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The Class War Goes Retail
Why does Wall Street tank on news portending economic gains for most Americans?
Economic Update: From Bad Loans to Taxing the Property of the Wealthy
Updates on the Pentagon's overpayments; mortgages tilting toward the rich; the subprime car loan bubble; and silence about intangible property tax.