Truthout
Economy

Building Community: Neighborhoods and Nonprofits With a Mission
The neighborhood-based Community Development Corporation (CDC) grew out of the need to combine the community-serving mission of a nonprofit organization with the wealth-building and ownership capacities of an economic …

Most Greeks Look to Left for Solutions, but Far Right Gaining Strength
Costas Lapavitsas: Left party Syriza leads polls but conditions for fascism also developing as crisis deepens.

|
FCC Commissioner McDowell Wrong on Net Neutrality and Investment
The data show that when competition is healthy, investment is high, innovation flourishes and consumers reap the rewards.

|
Financial Lobby: Stupid or Disingenuous? You Decide
There are valid arguments against going over the fiscal cliff, but the national debt is not one of them.

|
A Pre-Nup to Discourage Private Equity Companies From Asset Stripping
The aftermath of Mervyn's 2008 bankruptcy is an instructive example of what is wrong when PE companies can profit while employees and communities pay the price.

New Robin Hood Tax Introduced in Congress
A half-percent tax on all financial transactions makes it to Congress.

|
Romney & Company Shipped Every Single Delphi UAW Job to China
While auto parts workers lost jobs, homes and health insurance, the Romneys made millions offshoring their lives.

|
At Oakland’s Abandoned Army Base, a Jobs Plan Brings Hope to Locals
A new $1 billion plan to turn a vacant base into a shipping and logistics center will create thousands of jobs for the Oakland residents who need them most.

Matt Taibbi and Chrystia Freeland on the One Percent’s Power and Privileges
The One Percent is not only increasing their share of wealth - theyu2019re using it to spread millions among political candidates who serve their interests.

The Case Against the Looters of the American Economy, and a Mission for Occupy Wall Street
The new court case against Bain Capital may lift the veil of secrecy that allows private equity firms to loot the public trust.