Economy

The cumulative inflation-adjusted growth in the US economy since Barack Obama took office has been just 3.2%.

Capitalism has an amazing duality inherent in its structure. It can build homes in Fordist fashion, yet yields homelessness. It can produce enough food for all, yet turns a …

Paul Krugman: Fiscal austerity is the difference between where we are now and an unemployment rate not much above 6 percent. It's a policy disaster.

If the minimum wage had risen in step with productivity growth, it would be over $16.50 an hour today.

In his SOTU, Obama forgot to mention that Ohio is also the inspirational home for fast-growing idea that workers should become not just employees but owners of the companies …

As Ecuador votes for new president, the stimulus policies of current president Correa have kept Ecuador out of recession.

Costas Lapavitsas: From multimillion dollar losses by cities like Baltimore to pension fund losses and much more, the LIBOR interest rate scandal shows that such mechanisms must be taken …

A 70 percent boost - to $12.30 per hour - would help millions of workers, without killing jobs.

Updates on global capital's devastating moves and on the FED's huge recent expansion of the money supply.

There are two kinds of debt. One thatu2019s relatively harmless. And one that can destroy us all.