Truthout
Economy
Free Stores Offer an Alternative to the Exploitative Capitalist Economy
A coordinated network of free store hubs could begin to act as a building block for moving beyond capitalism.
Activists Condemn GOP States’ “Sham” Lawsuit Over Student Debt Forgiveness
Six Republican-led states filed a lawsuit Thursday attempting to halt Biden's student debt forgiveness plan.
85% of the World Will Likely Live Under “Deadly” Austerity Measures Next Year
As 143 countries pursue harsh cuts to social programs, experts say “austerity is the worst possible choice.”
Jared Kushner’s Firm to Pay $3.25M for Deceiving, Cheating Tenants in Baltimore
The company hounded low-income tenants with a barrage of lawsuits, eviction notices and late fees.
Corporations’ Price-Gouging May Hurt Them in the Long Run, Says Economist
Consumers can afford to buy more when prices are lower; thus, corporations will make more money, says Chris Becker.
International Interference in Haiti Is Crushing Its Garment Industry
An anticipated 20,000 garment-sector jobs may be on the chopping block by year’s end.
Fed’s Latest Interest Rate Hike Will Harm Most Vulnerable, Critics Say
With each rate hike — and other central banks following suit — warnings of a global recession have mounted.
Renowned Economists Urge “Emergency” Corporate Taxes to Avert Global Recession
A new report says it's crucial to tax “the multinationals and the super-rich,” who have benefited from recent crises.
The Poor Are Being Doubly Hit by Inflation and Policies to Combat Inflation
Global food insecurity has doubled since early 2020 amid high inflation, and the Fed is driving up housing costs.
Starbucks Reportedly Plans to Deny Union Workers New Paid Leave Benefits
An internal memo states specifically that the company will attempt to exclude unionized workers from an improved policy.