Truthout
Economy
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The Other ALECs: A Look at the Lesser Known Stealth Lobbies That Write Bills for Your State
The American Legislative Exchange Council (ALEC) has been the target of increasing public scrutiny and opprobrium - and while the recent defections of several major companies from ALEC suggest …
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Large, Profitable Companies Employ Most Minimum-Wage Earners
There is compelling academic research that increasing the minimum wage doesnu2019t dramatically impact employment levels, but a new study released today underscores another important pointu2014most people earning minimum wage …
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Journalist Chris Hedges on Capitalism’s “Sacrifice Zones”: Communities Destroyed for Profit
There are forgotten corners of this country where Americans are trapped in endless cycles of poverty, powerlessness, and despair as a direct result of capitalistic greed. Journalist Chris Hedges …
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On the News With Thom Hartmann: LIBOR-Rigging Traders May Face Arrest Soon, and More
Bankers may actually be held accountable in latest trading debacle, and other news updates for Monday, July 23, 2012.
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The $7.25 Minimum Wage Is Too Low for 21st Century America
On July 24, 2009, America's minimum wage went up from $6.55 an hour to $7.25 an hour. It hasn't changed since.
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Raising the Minimum Wage Is Cheap and Easy
At the current rate of $7.25 an hour, a full-time, year-round worker would have gross pay of less than $15,000 a year.
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A Student Debt Strike Force Takes Off
Can young people re-imagine the burden of debt as a a productive tool, rather than a means to profit?
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“Do Business Schools Incubate Criminals?“
Luigi Zingales, who teaches at the University of Chicagou2019s business school, had an op-ed in Bloomberg provocatively titled u201cDo Business Schools Incubate Criminals?u201d He argues that business schools are …
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The Shots Heard Round the World: Argentina’s Radical Banking Reforms
At a time when most governments seem incapable of doing anything about unemployment, worsening economic inequality, and continuing financial instability, Argentina has adopted a set of striking new reforms …
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In Significant Expansion, US Drug War Heads to Africa
In a significant expansion of the war on drugs, the United States has begun training an elite unit of counternarcotics police in Ghana and planning similar units in Nigeria …