Truthout
Economy & Labor
The Narrowness of Mainstream Economics Is About to Unravel
We will all be better off when the depth and scope of capitalism's problems are openly debated.
In Iowa, Groundbreaking Undergrad Workers Union Keeps Growing
Despite being founded on the basis of social justice, Grinnell College is trying to bust its unions.
Wells Fargo Enriches Its Shareholders While Laying Off Workers
Wells Fargo's CEO says the company has an “excess of capital,” despite the fact that it is laying off workers.
Learning From 3.7 Percent Unemployment: It’s More Than Just a Number
If we don’t push the unemployment rate as low as possible, then we are needlessly keeping millions out of work.
How Labor Helped Bring Down Scott Walker and Bruce Rauner
Rebuking the anti-labor agendas of GOP governors, voters elected Democrats in Wisconsin and Illinois.
The First Guaranteed Basic Income Program Designed for Single Black Moms
The Magnolia Mother's Trust is the first of its kind that specifically targets single Black mothers.
Social Security Has Been an Ideological Battle for 83 Years
In a big push for privatization, billionaires are spreading myths about Social Security.
Arkansas and Missouri Approve Minimum Wage Increases
The wins are a rebuke to GOP lawmakers who had blocked legislative efforts to raise the minimum wage.
Luxury Development Is Making Our Housing Crisis Worse
Developers tout increased building as a salve for rising rents, lining their pockets while driving displacement.
Trump’s War on the Fed
When higher rates trigger another recession, Trump can point an accusing finger at the central bank, absolving himself.