Truthout
Economy
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A US Financial Transaction Tax: How Wall Street Can Pay for Its Mess
As we continue to suffer the consequences of the 2008-2009 global financial crash caused by casino capitalism, one idea for bringing some measure of control over speculative financial practices …
The Whole World Is Watching: NATO in Chicago
The NATO summit coming to Chicago in May has brought the eyes of the world to the overlap among questions of militarization, poverty and dissent in a globalized society. …
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In South America, Separating Fact From Fiction
Somehow, though, people like Mr. Paul donu2019t like to talk about events of the past century, for which we have reasonably good data; they like to talk about events …
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Grabbing the Bolt-Cutters With Take Back the Land
In Rochester, New York, activists are fighting to win control of Catherine Lennon-Griffin's foreclosed, bank-owned home as a community land trust, at her request — making this one of …
Chomsky: Occupy Wall Street “Has Created Something That Didn’t Really Exist” in US – Solidarity
Well, the Occupy movement isu2014it was a big surprise. You know, if anybody asked me a year ago,
A New Economic Paradigm: An Interview With Gar Alperovitz
If you look deeply, there are lots of elements that begin to form a mosaic, I think, potentially suggesting the direction of an America beyond capitalism and also beyond …
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Why We Have a Deficit
Deficit theater is coming to DC tomorrow, with a well-funded "fiscal summit." The plot summary is that we have Deficit Trouble - Right Here In River City! so to fix it we need …
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Capitalism Is Taboo in America
For the last half-century, capitalism has been a taboo subject in the United States. Among politicians, journalists, and academicsu2014and in public conversation generallyu2014the word has been avoided or else …
Regression to the Mean, JPMorgan Edition
I haven’t been writing about the JPMorgan debacle because, well, everyone else is writing about it. One theme that has stuck out for me, however, has been everyone’s reflexive …
JPMorgan Chase Chairman Jamie Dimon, the Whale Man and Glass-Steagall
It was fitting that while President Obama and his Hollywood apostles broke fundraising records at a sumptuous $40,000 per plate dinner at George Clooneyu2019s place, word of JPM Chaseu2019s …