Truthout
Economy
We Need an Economy Without Bosses and Managers. Participatory Economics Is How.
Author Michael Albert describes what a post-capitalist economy where workers run productive facilities could look like.
Biden Calls Out Oil and Gas Companies as Oil Prices Drop But Gas Remains High
“Oil and gas companies shouldn’t pad their profits at the expense of hardworking Americans,” Biden said.
Billionaires Have Gotten $1.7 Trillion Richer Over the Pandemic, Report Finds
Analysis from Americans for Tax Fairness shows billionaires are 57 percent richer now than they were in March 2020.
House Lawmakers Say Amazon May Have Illegally Impeded Antitrust Investigation
Company executives lied in their testimonies on internal policies, the lawmakers said.
Warren Says Democrats Are Working on a Bill to Tax Big Oil’s Windfall Profits
The bill could discourage oil companies from jacking up gas prices to pad their profits.
Ocasio-Cortez Digs Into Private Equity for Buying Houses and Jacking Up Rents
Regular homebuyers are “competing against the largest private equity firm in the world to purchase a home,” she said.
GOP’s Tax Plan Would Raise Taxes by Over $1,000 Annually for Poorest Americans
A new report found that GOP Sen. Rick Scott's tax plan would disproportionately tax the poor.
Biden Is Considering Extending Student Loan Pause as Activists Ramp Up Pressure
White House Chief of Staff Ron Klain suggested that Biden may consider canceling student debt before the freeze expires.
Advocates Push Biden to Cancel Student Debt as He Mulls Extending Payment Pause
White House Chief of Staff Ronald Klain suggested that Biden may extend the pause as payments are set to resume May 1.
February Job Growth Strong as Private-Sector Hours Return to Pre-Pandemic Levels
The unemployment rate fell to 3.8 percent, with disadvantaged groups seeing the largest gains.