Truthout
Economy & Labor

Faced With Police Violence, Thousands Return to Spanish Parliament
Amid anti-austerity protests throughout Spain, the government announced more than 50 billion dollars in cuts to public spending.

On the News With Thom Hartmann: New York Attorney General Eric Schneiderman Files Civil Suit Against JP Morgan Chase, and More
In today's On the News segment: New York Attorney General Eric Schneiderman u2013 who also chairs the President's mortgage fraud task force u2013 filed a civil suit against JP …

Economic Update: Class Warfare
Updates on public pensions crisis and megabanks' massive failures. Interview: NYU Prof. Juan Flores on class warfare in the US. Responses to listeners on federal subsidies of big banks …

Thousands Surround Spanish Parliament in Bid to “Occupy Congress” and Stop Austerity
Thousands of people surrounded the Spanish Parliament in Madrid on Tuesday to protest austerity measures and the loss of public confidence in elected leaders.

Quadrillion Dollar Derivatives Market 20 Times Global GDP
Markus Stanley: Derivative bets not a zero sum game, have far reaching real world consequences.

On the News With Thom Hartmann: Germany Moves to Outlaw High-Speed Trading Robots, and More
Striking NFL referees watch their position strengthen as replacement refs make bad calls, and more.

QE3 Another Fed Give Away to the Banks
Michael Hudson: Shoveling money to the banks not meant to create jobs; itu2019s a way to give banks even more speculative capital and prepare them for another meltdown

Economic Update: Economic Crisis Deepening
Updates on economic decline in rest of 2012 and 2013; European resistance to austerity politics; private banks' many costly misdeeds. Detailed discussions of Ireland's economic crisis and Romney's attack …

A Direct Stake in Economic Life
The obvious question is: why aren't large numbers of businesses organized on this principle?

Economic Update: “History of Workers Co-ops”
We aim to explain why certain economic changes are happening.