Truthout
Economy
On the News With Thom Hartmann: Fewer Than 12 Percent of US Workers Belong to Unions, and More
A little more than fifty years ago, over a quarter of workers belonged to some type of union. Today, fewer than 12 percent of all workers belong to a …
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Dean Baker | Cheap Talk at the Fed
By calling attention to the over-valuation of social media and biotech companies, and junk bonds, Fed Chair Janet Yellen is putting the financial professionals on notice.
Breaking the Grip of the Fossil Fuel Economy: If It Can Happen in Appalachia, It Can Happen Anywhere
Coal production is gradually leaving Appalachia - having already extracted much of the region's natural wealth.
This Machine Clowns Fascists: Reykjavik’s Former Anarchist-Comedian Mayor Talks Politics and Life After City Hall
In 2010, an anarchistic Icelandic comedian, Jon Gnarr, became an unlikely face of successful alternative politics. The former Reykjavik mayor speaks about his philosophy, future and new book about …
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TBTF Strike Back! SEC Commissioner Calls FSOC “Vast Left Wing Conspiracy“
One of the favored practices of the banking industry in recent years has been to engage in not merely shameless, but truly deranged hyperbole when anyone dares voice so …
Richard D. Wolff | Capitalism’s Deeper Problem
Globalization distributed capitalism's deepening inequality throughout the world.
Economic Update: Economic Realities
Updates on big bank fines; Tracy Morgan suing Walmart; highway trust and taxes; and extreme wealth inequality in the Hamptons.
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Which Is Worse – Government or Corporate Bureaucracy?
Getting rid of government would let corporations step in to fill the gap. And corporate bureaucracy is just as bad, or even worse, than any government bureaucracy.
Who Is the Unsung Hero of the $7 Billion Citigroup Settlement?
Citigroup must pay a $7 billion settlement for its mortgage-backed securities fraud. It's the largest settlement ever levied by the US Department of Justice.
The Party’s Over: A Critic’s Take on Brazil’s Dismal World Cup Legacy
If a favela can be displaced, they are going to try to displace it, and if they can use the World Cup and the Olympics as a pretext to …