Truthout
Economy & Labor

Can a 1-Percenter Save Troubled Mortgages?
Maybe. But the idea of using government power to

Seattle Suburb Passes Highest Minimum Wage in Country
David Rolf of SEIU helped organize SeaTac's Proposition 1 to provide $15/hour to hotel, restaurant, and airport workers.

Marijuana Legalization Wins Big in Elections, Is Federal Decriminalization Next?
The push for reform of marijuana laws sweeps the nation as Gallup poll shows 58 percent of Americans support legalization.

The Debtor’s War: A Modern Greek Tragedy
Thatu2019s what governmentu2019s are for, right? To serve banksu2026 right?

How Did the Great Recession Affect Millennial Views on Love and Relationships
Roosevelt Institute | Pipeline Fellow Nona Willis Aronowitz explains how Millennials' view love and relationships after the Great Recession.

Economic Update: What Price Capitalism?
Richard D. Wolff gives an economic update on big banks' manipulation of foreign exchange market; Ireland paying for bank bailouts; Big Pharma being guilty of ‘recklessly endangering health’; and …

With Wins for De Blasio, Minimum Wage and Tea Party Losses, Voters Signal Rejection of Austerity
Election Day was held Tuesday, deciding state and local races across the country. In Virginia, former Democratic National Committee chair Terry McAuliffe was elected governor, defeating Tea Party-backed Ken …

Nigeria Overtakes South Africa as Continent’s Largest Economy
Leonce Ndikumana: Nigeria revises economic data and will displace S.A. as Africa'u0092s largest economy.

First Wall Street Criminal Confession in a Generation … Still No One in Jail
Bill Black: SAC Capital Advisors pleads guilty to insider trading, but owner Steven Cohen has yet to face criminal prosecution.

Bill Moyers: Yves Smith and Dean Baker on Secrets in Trade
The Trans-Pacific Partnership is deliberately shrouded in secrecy, a trade deal powerful people, including President Obama, don't want you to know about.