Truthout
Economy
First Wall Street Criminal Confession in a Generation … Still No One in Jail
Bill Black: SAC Capital Advisors pleads guilty to insider trading, but owner Steven Cohen has yet to face criminal prosecution.
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Food Stamps Are Affordable; Corporate Welfare Is Not
The American taxpayer isn't paying much for social safety net programs like food stamps and Medicare. But we are paying a lot for the billions of dollars the US …
Bill Moyers: Yves Smith and Dean Baker on Secrets in Trade
The Trans-Pacific Partnership is deliberately shrouded in secrecy, a trade deal powerful people, including President Obama, don't want you to know about.
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The Superrich Don’t Need Our Middle Class Infrastructure
America is falling apart - and this nation's super-rich are to blame.
Zombies, “Scarcity,” and Understanding Poverty
A world defined by zombies is a world that has redefined the nature of human free will and choice.
US Political Dysfunction and Capitalism’s Withdrawal
The classic problems of early, rapid capitalist industrialization are obvious daily in the new centers.
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The Weak Economy and Deficit Reduction: Deniers and Terrorists
Dean Baker: Almost all the people in either political party who are taken seriously in the current budget debate can put into either the denier or terrorist camp.
The Bank Guarantee That Bankrupted Ireland
Today, Ireland is under a different sort of tyranny, one imposed by the banks and the troika - the EU, ECB and IMF.
Blaming the Poor for Poverty
Promoters of this hyper-capitalism, who dominate the U.S. media debate, simply blame the poor for poverty.
Are Heartless People Simply Born That Way?
An insensitivity toward the problems poor people face, researchers have shown, reflects a deeper psychological shift that extreme inequality makes all but inevitable.