Truthout
Economy
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Seventy-Five Thousand People Demand Bank of America End Its Political Donations
Bank of America will be holding its annual shareholder meeting in Charlotte, North Carolina, on May 9th. A group of shareholders led by Trillium Asset Management will be introducing a …
America’s Top Prison Corporation: A Study in Predatory Capitalism and Cronyism
Last week I wrote about the private prison company The GEO Group and how allowing private businesses to operate prisons can affect our justice system, our laws and the …
Austerity, the Path to Prosperity?
Rep. Paul Ryan sat down with Steve Forbes recently to have a “very serious” conversation about the US economy. The architect of the House budget plan, Ryan stated in …
Behind the Lobbying Effort that Helps Save Apple $2.4 Billion in Taxes a Year
The New York Times dropped another bomb on Apple’s “iEconomy” this weekend with an expose that shows how the world’s biggest corporation evades billions of dollars in taxes by …
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AT&T, Feds Neglect Low-Price Mandate Designed to Help Schools
At the dawn of the Internet era, Congress set out to avert a digital divide between rich and poor students. In a landmark bill, lawmakers required the nation’s phone …
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The Tinder-Box Society
Public anger and frustration can ignite in two very different ways. One is toward reforms that more broadly share the productivity gains. The other is toward demagogues that turn …
The Current Business Paradigm Is Toxic to Business and Society. Here’s How We Change It
Business being the most pragmatic of all social organizational forms, it historically has focused narrowly on its economic activity without being distracted by the demands of political affiliations, societal …
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Across New York City, People Honor May Day
Protesters with the Occupy Wall Street movement during a march in New York, May 1, 2012. (Photo: Ozier Muhammad / The New York Times)Walter Hillegas marches with a scale-model …
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Affordable Housing Wobbles as Redevelopment Agencies Close
Affordable housing advocates across California are scrambling for alternative sources of funding following the closure of the state’s redevelopment agencies last February.A state law upheld by the California Supreme …
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Labor Not Loyalty on May 1
Two key steps have helped to ruin May Day in the United States. First, Labor Day was created at a completely different time of year — labor day without …