Truthout
Economy

|
The Antidote to Ayn Rand
Rand's atavistic utopian fantasy celebrates the virtue of selfishness, while John Dewey's public-minded philosophy is open, progressively democratic and firmly grounded in reality.

Economic Update: “Profit Motives”
On Economic Update with Professor Richard Wolff, Wolff and guests will discuss the current state of the economy, both locally and globally in relation to the economic crisis.

|
The Corporate Masters of the Universe
As austerity hit hard in Greece, we elected a caucus of Republicans hell-bent on doing the bidding of American corporate masters and bringing austerity to the United States.

Gimme Shelter: Government Policies Fail Homeless Mothers and Kids
The plight of disabled adults and hungry kids get short shrift this election year and only one party platform addresses remedies.

|
Economy Adds 171,000 Jobs
In spite of this increase, the unemployment rate slipped up to 7.9 percent, reflecting the fact that the September drop was an aberration.

|
History’s Magic Mirror: America’s Economic Crisis and the Weimar Republic of Pre-Nazi Germany
The corporate and GOP establishment, represented by Romney, are betting the ranch that they can contain the new Far Right populists. But they are increasingly dependent on them.

|
Unraveling the “Future Generations” Debt Debate
The common claim that deficits mean that we're selling our birthright to the Chinese makes no sense at all.

|
Five Easy Post-Election Predictions (No Matter Who Wins)
While there are many differences in the two presidential candidates, there are some things that will continue to break down this country no matter who is elected.

State and National Innovators
Capital can and should be accumulated and managed in ways that provide individual citizens with an income stream from publicly backed investments.

Snakes and Laddering: The Bear Stearns Debacle
While Eric Schneiderman has accused Bear Stearns of