Truthout
Economy
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Labor’s Call To Action: The Grand Bargain Betrayal
There is no coincidence that the war against unions is happening at the same time as the war against social programs.
After Brokering Gaza Ceasefire, Egypt’s Morsi Reignites Protests With Decree Expanding Powers
Protests continue in Cairou2019s Tahrir Square after Egyptian President Mohamed Morsi issued a decree last week.
Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years
Lu00e9once Ndikumana: $619 billion of embezzled capital flight from North Africa with connivance of big banks according to new research.
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Despite Election Victories, Escalating Poverty and Inequality Remain Largely Ignored
A media blackout on poverty still threatens the majority's well-being after the election, says Ted Morgan.
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Paul Krugman: Beyond Fiscal Cliff, an Austerity Bomb
Paul Krugman: The phrase austerity bomb is a much better term than fiscal cliff to describe what's scheduled to happen at the end of the year.
Economic Update: Worker’s Self-Directed Enterprises
Richard D. Wolff: Worker self-direction is a solution for the bankrupt Hostess bakery.
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Why Is the White House’s Council of Economic Advisers Helping the Republicans?
Why is the White House trying to scare average people about the consequences of the fiscal cliff?
The Fiscal Cliff Is an Artificial Crisis
Michael Hudson: Fiscal cliff was manufactured to shift more of the burden of the crisis onto ordinary people.
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If the Budget Debate Had a Nate Silver
Dean Baker: Suppose that we had someone focused on actual data involved in the budget debate instead of silly rhetoric?
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The People Bail Out the People
In canceling the debt, the Strike Debt team is taking advantage of a fairly common banking practice.