Truthout
Economy
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Chris Hedges | The Implosion of Capitalism
Picking through scraps in a Kolkata, India, waste dump. (Photo: Sterneck)When civilizations start to die they go insane. Let the ice sheets in the Arctic melt. Let the temperatures …
Budget Bunk: The Old Pox-on-Both-Your-Houses Game
In Washington, all serious people routinely write columns in which they set themselves above the political fray and pronounce the Republicans and Democrats equally to blame for political gridlock …
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How Apple Sidesteps Billions in Taxes
The offices of Braeburn Capital, an Apple subsidiary that manages and invests Apple's cash, in Reno, Nevada, February 17, 2012. Nevada has a corporate tax rate of zero, as …
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Health Spending Is Flattening Out
(Photo: presta) Washington - The growth of health spending has slowed substantially in the last few years, surprising experts and offering some fuel for optimism about the federal government’s …
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ALEC May Target Renewable Energy Mandates
The American Legislative Exchange Council (ALEC), a conservative policy group, has helped state lawmakers craft measures aimed at curtailing U.S. EPA air pollution rules, repealing cap and trade and …
“There Are Marxists in India?”: Economist Prabhat Patnaik on the Global Crisis
After an engaging half-hour interview with India's pre-eminent Marxist economist during a conference at New York University, I told a friend about my one-on-one time with Prabhat Patnaik. "There …
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American Corporations Are Adding More Jobs Overseas Than They Are at Home
With the nation’s unemployment rate still above eight percent, millions of Americans are looking for work, and the country’s biggest corporations are hiring. According to a new report from …
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Environmental Heroes Can Inspire Economic Reformers
Each year in April, the Goldman Environmental Prizes are awarded to six activists, one from each of the six inhabited continental regions. This year’s winners have overcome tremendous odds …
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Our Brave New Service Economy
One of Romney’s big selling points is that he knows the “real economy” (much like some conservatives know “real America,” I guess) because he has experience as a businessman. …
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Halfway Through the Lost Decade
Does anyone care that the economy is floundering and that we are not getting out of this crisis anytime soon? Housing values are in the cellar, the Fed foresees …