Truthout
Capitalism
Economic Update: Private Profit vs. Social Benefit
Updates on my Bill Maher appearance, the Arizona execution, direct actions in Seattle and in New England, Derek Jeter tickets, and the Chinese meat scandal.
Dodd-Frank Still Not Fully Implemented Four Years Later
Gerald Epstein says that a fully-implemented Dodd-Frank act does not require a breaking up of the big banks, which is needed to prevent another financial crisis.
On the News With Thom Hartmann: Fewer Than 12 Percent of US Workers Belong to Unions, and More
A little more than fifty years ago, over a quarter of workers belonged to some type of union. Today, fewer than 12 percent of all workers belong to a …
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Dean Baker | Cheap Talk at the Fed
By calling attention to the over-valuation of social media and biotech companies, and junk bonds, Fed Chair Janet Yellen is putting the financial professionals on notice.
Nobel Economist Joseph Stiglitz Hails New BRICS Bank Challenging US-Dominated World Bank and IMF
A group of five countries has launched its own development bank to challenge the US-dominated World Bank and International Monetary Fund.
California’s Severe Drought Continues, but Private Businesses Remain Saturated
Could it be that the large influx of private corporations over the past years has resulted in a new San Francisco, one that appeases the demands of these enterprises, …
Richard D. Wolff | Capitalism’s Deeper Problem
Globalization distributed capitalism's deepening inequality throughout the world.
The Party’s Over: A Critic’s Take on Brazil’s Dismal World Cup Legacy
If a favela can be displaced, they are going to try to displace it, and if they can use the World Cup and the Olympics as a pretext to …
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The Spanish Town Where People Come Before Profit
While Marinaleda has its flaws, it reminds us that alternative economic models are not only possible, they already exist.
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With the Plundering of Fossil Fuels, the Future May Be the Past: An Agrarian Society
As we exhaust the fossil fuels and minerals of the planet, we face the threat of exhausting the raw materials that built the modern world.