Truthout
Economy
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Derailing the Dynasty Train
In his surprise best-seller, Thomas Piketty warns that growing wealth inequality will have a corrosive impact on our democratic institutions.
On the News With Thom Hartmann: The Poor Are More Ethical Than the 1%
The rich love to demonize the poor, but it turns out that the wealthy are the ones who need a little shaming, and more.
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The Wall Street Pension Scam
Every contract for managing pension fund money should be posted on the web and show in plain language the exact fee structure.
The Financialization of Big Business
Costas Lapavitsas says that capitalists have learned how to make huge profits without producing anything useful.
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Hearing the *Ping* of Poverty – or Not
Steeped now as we are in a plutarchic imaginary, poverty is a ping that if you hear, you do not want to pursue.
Czars, Kings, and Presidents
ProPublica's columnist Jesse Eisinger describes the tendency to focus on Tim Geithner, while ignoring the role of the president.
Has the United States’ Use of Finance as a Foreign Policy Tool Backfired?
The rapid rise of open corruption and the power of the United States' new oligarchs has laid waste to what little was left of this country's good name.
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The Long Reach of Euro Zone Propaganda
In reality, here is the full list of countries for whom the argument that fiscal irresponsibility led to the euro crisis makes any sense at all: Greece.
Economic Update: Fake Competition, Real Cooperation
Updates on evaluating privatization of public schools; engineers' class action against Apple, Google, Intel and Adobe; and how in the US, home ownership gives way to renting.
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When Government Intervention Works
Government intervention can be a big success, as Paul Krugman explains.