Truthout
Economy
Economic Update: “Tax Injustices”
Updates on how inequality persists across generations; the nonsense of “taxes are job killers”; governor uses tax revenues to prevent unionization in a private enterprise; and more.
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The Middle Class Is Not “Normal“
Having a middle class is a choice that a society has to make, and it's a choice we need to make again in this generation.
Pot Economics: What’s the Future of the American Marijuana Market?
For the broader legalized market, the future may come sooner than some might think, given how much interest has been stoked by the ongoing experiments in Colorado and Washington.
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Paul Krugman | The Lack of Courage Among Policymakers
The nature of our current economic situation is that smart policy requires that you ignore what supposedly responsible people, who sound as if they know what they're talking about …
On the News With Thom Hartmann: Groups Hold Week of Action for Better Wages, and More
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 …
University of Maine Faculty Reinstated After Students Protest Against Cuts
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 …
The Global Banking Game Is Rigged, and the FDIC Is Suing
Taxpayers are paying billions for a swindle pulled off by the world's biggest banks, and the FDIC is now suing over it.
Was Marx Right?
Yves Smith: As income disparity has widened enormously and class mobility has eroded, Marx's idea of class warfare seems particularly apt.
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US Blasted on Failure to Ratify IMF Reforms
The Obama administration has been criticized for not pressing Congress for ratification with sufficient urgency.
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Why No Sustained Protests (Yet)?
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