Truthout
Economy & Labor
Capitalism Has Failed Immigrants. Can Worker Cooperatives Do Better?
Worker-owned cooperatives are transforming the economic landscape for immigrants.
Chicago’s Historic Charter School Strike Wave Keeps Winning
Chicago charter school teachers were the first of their kind to go on strike in U.S. history.
Wall Street Money Buys Silence on Big Bank Abuses
The financial industry spent an average of $2.5 million per day trying to influence lawmakers last year.
Unemployment Is Falling, But Jobs Aren’t Going to Black Workers
While the drop in the unemployment rate is good news, there are some aspects of the report that are disturbing.
Bank of America Continues to Prop Up the Fossil Fuel Industry
Bank of America is set to rake in tens of millions from the biggest fossil fuel industry merger in years.
Trump Golf Club Reportedly Made Undocumented Employees Work Overtime for No Pay
More than two dozen former employees were interviewed amid allegations that the workers were routinely underpaid.
10,000 Teachers Rise Up Against Republican Legislature in South Carolina
Wednesday's protest marked the second time this year that South Carolina teachers have walked out of their classrooms.
Oil Companies Will Be Bad Investments Within Five Years, Survey Predicts
European fund managers are casting an increasingly skeptical eye toward the oil industry.
In US and UK, the Working and Middle Classes Are Under Attack
Capitalism's dysfunctionality for the mass of the people is coming to a head amid growing political turmoil.
Bank on the People Instead of Wall Street Parasites
The financialized economy has become a parasite feeding off the real economy, driving workers further into debt.