Truthout
Economy
Economic Update: Government Bailouts, Corporate Takeovers and Unemployment
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. This weeks show provides updates on …
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Why US Politicians Are Quiet About Europe’s Meltdown
After the Greek elections struck fear into the hearts of the global banksters, the fallout remains uncertain. If the next Greek election produces again an anti-austerity result, Greece will …
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Thousands March Against Austerity in Frankfurt
On Saturday, thousands marched to protest against unchecked capitalism and Chancellor Angela Merkelu2019s insistence on austerity measures for much of Europe.
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Memo to Mayor Bloomberg: JPMorgan Blow-Up Is Not a “Hiccup” – It’s a Giant Warning
The tone-deaf, gold-plated, Wall Street-worshipping mayor of New York City rushes to defend Jamie Dimon. New York's Mayor Bloomberg rarely loses an opportunity to rush to the defense of …
Why the Cops Should Be Knocking on Jamie Dimon’s Door Soon
The scandal surrounding JP Morgan’s losses in its Chief Investment Office is not going away, and for good reason. Its trading book continues to lose money at an astounding …
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Europe’s Economic Troubles Mount Ahead of G-8
Washington - Europe’s deepening debt crisis is likely to play out on U.S. shores Friday as financial markets digest the downgrade of the creditworthiness of 16 Spanish banks and …
Ignoring the Crisis: Philadelphia Schools Are Crumbling
An abandoned School. (Photo: Wout / Flickr) Last week, the city of Philadelphia's school system announced that it expects to close 40 public schools next year and 64 schools …
Don’t Buy the Spin: How Cutting the Pentagon’s Budget Could Boost the Economy
Should the enormous US military budget be cut? Many who would like to protect the military from the budget knife raise economic arguments to make their case: Won’t cutting …
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JPMorgan Chase CEO Dimon Summoned Before Senate Committee
Click here to support news free of corporate influence by donating to Truthout. Jamie Dimon, the chief executive of JPMorgan Chase. (Photo: Doug Mills / The New York Times)Washington …
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Knowledge Work Under Cognitive Capitalism
What do the Austrian-born, self-styled “social ecologist” and management theorist Peter Drucker and the Italian autonomist Marxist scholar Paolo Virno have in common? At first blush, little beyond their …