Truthout
Economy
Warren: Student Debt Relief Lawsuit Shows GOP Prioritizes Profit Over People
The lawsuit filed by six GOP-led states to stop debt forgiveness exposes Republicans’ priorities, she said.
CEO Pay Has Grown by 1,460 Percent Since 1978, as Workers’ Wages Stagnate
Worker pay has only grown by 18 percent over the same period.
Liz Truss Is Roiling the British Economy in Her Zeal to Serve the 1 Percent
The U.K. prime minister had said the £45 billion giveaway to the rich was just the start. Then she was forced to U-turn.
Spain Passes “Solidarity” Wealth Tax on Top 0.1 Percent
Spanish taxpayers who own more than $2.9 million in assets will be subject to the new measure.
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.