Truthout
Economy
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Did the Norwegians Have a Revolution?
For the better part of a century, some visionaries have been trying to break out of the dominant belief that there are only two means of forcing change: reform …
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The Dog That Didn’t Bark: Obama on JPMorgan
The dog that didn’t bark this week, let alone bite, was the President’s response to JP Morgan Chase’s bombshell admission of losing more than $2 billion in risky derivative …
Are JPMorgan’s Losses a Canary in a Coal Mine?
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. That sound of shattered glass you’ve been hearing is the iconic portrait of Jamie Dimon …
Preying on the Poor: How Government and Corporations Use the Poor as Piggy Banks
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. Individually the poor are not too tempting to thieves, for obvious reasons. Mug a banker …
Truthout Contributor Richard Wolff on Challenging Capitalism in His New Book, “Occupy the Economy“
(Photo: david_shankbone / Flickr) Matt Renner: In your introduction to the book, you discuss New York City Mayor Michael Bloomberg's "cleanliness" excuse for clearing the original Occupy Wall Street …
The Social Consequences of Inequality
Richard Wilkinson is an epidemiologist and a leader in international research of inequality. He is also the co-author of The Spirit Level: Why Greater Equality Makes Societies Stronger with …
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Wells Fargo Has Blood on Its Hands: Desperate Man Commits Suicide After Shocking Foreclosure Mistreatment
This is the story of what happens when an average couple is up against a giant, wealthy, powerful bank. Norman and Oriane Rousseau were one more couple pushed by …
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Bank of America Dealt Punches from the 99 Percent, Shareholders Tell Their Side
“Bank of America, Bad for America” went the chant of protesters outside of the Charlotte headquarters with a large ball and chain marked with the word “DEBT” sitting it …
Argentina and the Magic Soybean: the Commodity Export Boom That Wasn’t
Argentina's record levels of employment and massive reductions in poverty have little to do with exports. One of the great myths about the Argentine economy that is repeated nearly …
Elizabeth Warren Says JPMorgan Trading Debacle Shows “We Need to Go Back to Boring Banking”
Massachusetts Democratic senate candidate Elizabeth Warren reacted to the news of JPMorganu2019s $2 billion trading debacle by calling for the banku2019s CEO, Jamie Dimon, to step down from his …