Capitalism

Economist Thomas Piketty's new book has stunned both the economic profession and most political observers. But the economic mainstream is not truly dealing with its most serious implications.

Today, various kinds of public works projects, including repairs to the nation's ailing highways and bridges, risk being halted before completion.

“Capitalism: A Ghost Story” is a passionate, detailed journey through the injustices of systemic inequality.

The metaphors we use matter, and “economic engine” is one we need to lose - now.

Income inequality will continue to rise unless we close the performance pay loophole and curb the growth of executive compensation.

The plight of the workers is outside the purview of those who sell their architectural services or purchase the palatial homes; it is not a part of the market …

Last year, median CEO pay jumped to $10.5 million dollars - an increase of about 13 percent. However, most workers didn't see their paychecks go up by a single …

USM Assistant Professor Meghan Brodie and USM student Meaghan LaSala discuss how this victory marks the beginning of a push to look to other efficient ways to fill the …

Yves Smith: As income disparity has widened enormously and class mobility has eroded, Marx's idea of class warfare seems particularly apt.

Lingering effects of the organized post-1945 destruction of the New Deal coalition helps explain continuing austerity and other anti-democratic policies pursued by US governments, says economist Richard Wolff