Truthout
Economy & Labor
Corporate Profits Soared to Highest Levels in 7 Decades Last Year
Experts call for a tax on excess corporate profits as a tool to rein in sky-high inflation.
Workers in Maryland Vote to Form First Apple Store Union in US
The win comes as Amazon and Starbucks workers push for unions — and the companies are fighting back.
Many Nations Have Used COVID to Impose the Tyranny of Transnational Capital
The “new normal” rammed during the pandemic involves increasingly obscene power held by transnational corporations.
Federal Reserve Puts Burden of Curbing Inflation on Global Working Class
The Fed's plan to raise interest rates could increase unemployment and set the stage for lowering wages.
“Poverty Is Violence!” Thousands March on DC to Demand Economic Justice
“Poverty is a policy choice and we will hold our leaders accountable,” said Rev. Dr. Liz Theoharis.
Former Liberal Congressman Is Now a Top Lobbyist Defending a Tax Scam
A tax scheme that benefits the wealthy is protected by lobbyists — including former “liberal lion” Henry Waxman.
Tomorrow’s March on Washington Will Target Poverty, Voter Suppression, Climate
The Poor People's Campaign will lead a march to demand the government address key issues facing low-income communities.
Progressive Economists Say Interest Rate Hikes Are Wrong Approach to Inflation
The Federal Reserve's recent moves risk causing a recession and imposing more pain on vulnerable workers, critics warn.
Starbucks Threatens to End Trans-Inclusive Health Benefits If Stores Unionize
The company is attempting to union bust by threatening trans workers amid a milestone of 150 election wins.
Poll Shows Confronting Corporate Greed Is Biden’s Best Anti-Inflation Message
Voters are particularly responsive to messaging that connects price hikes to profiteering by big business.