Economy

Richard Wolff makes the compelling argument that modern capitalism has undermined democracy, replacing it with a plutocracy.

Economic democracy can unleash innovation at the workplace and in politics.

The biggest banks keep getting bigger because they can borrow more cheaply than smaller banks.

Richard Wolff and Robin Hahnel promote a democratic path forward to healing the economy.

Dean Baker: The problem is the fact that there is no way on earth that Mr. Obama would select Paul Krugman for Treasury Secretary.

In an era of corporate-state colonization of both landscape and mental real estate, when the face of one's true oppressors is, more often than not, hidden from view, thus …

Paul Krugman: If Mr. Obama stands his ground in the debt ceiling confrontation, the fiscal cliff deal wonu2019t look bad in retrospect.

Few are better equipped than economist Richard Wolff, professor emeritus at the University of Massachusetts, to address the massive failings and inequalities of capitalism.

A push is on to get the Nobel Prize winner in economics the position in the new Obama administration.

Updates on how the new US tax deal favors the rich, deepening student loan problems, and how 2012 benefited billionaires. Analysis of possible conversion from a war-oriented to a …