Truthout
Economy & Labor

Rich People Save, Poor People Don’t
While saving money is recommended for financial stability, doing so has become more difficult for the working class as the divide between rich and poor deepens

The “Deep State” – How Much Does It Explain?
The Deep State operates according to its own compass heading regardless of who is formally in power.

Public Citizen Argues Challenge to Labor Rules That Set Unfair Employment Standards for Sheep and Cattle Herders
Government illegally exempted herders from labor rules, allowing substandard wages and housing conditions.

Resume Put Hall of Fame
In general, if you become CEO of a big company, you're pretty much guaranteed lucrative employment for as long as you want it, regardless of your performance. This is …

“The Paragraph Began to Self-Delete”: Did NSA Hack Computer of Snowden Biographer and Edit Book Draft?
Is the National Security Agency breaking into computers and tampering with unpublished manuscripts?

Europe’s Failed Mission Facilitated by Mr. Barroso & Co.
Current European politics is infused with laissez-faire economic ideology despite this orientation's lack of legitimacy given the absence of a meaningful democratic debate on the subject in recent years.

Economic Update: This System Does Not Work
Richard D. Wolff gives an economic update on the Olympics; Chicago university faculty strike; Chevron's contempt; Gallup poll on unemployment; and more.

On the News With Thom Hartmann: Raising the Minimum Wage Could Decrease Jobs for Low-Wage Workers, and More
The Department of Homeland Security wants to keep a record of where you drive your car.

The Social Value of Finance
What is missing, Rahman argues, is any actual consideration of the social value of finance in general and financial innovation in particular.

Thomas Friedman Escaped and Is Writing About Economics Again
Thomas Friedman is loose in Silicon Valley, the economic hub best known for colluding to rip off its workers.