Truthout
Economy
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Economic Policy Debates: Theater of Distraction
Richard Wolff: The debates proceed as if official policies were key to ending crises.
Portugal Economy Sinks, State Clings to Bailout’s Austerity Terms
Wouter De Broeck: Creditors breathe a sigh a relief and ordinary people pay big price over deal, while no political party is seen as credible before discontent voters.
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Global Power Project, Part 7: Banking on Influence With Citigroup
This big bank has a sordid history of predatory profiteering and criminal activity, not unlike all the other large banks.
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Concentrated, Privatized Wealth or Shared Prosperity and Economic Democracy?
It is going to take action from below to create an economy that puts people and the planet before profits.
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No More Second Chances for Larry Summers
William Grieder: If Obama chooses Larry Summers for Federal Reserve chairman, Wall Street wins again.
Collapsing Investment and the Great Recession
Economics professor Gerald Friedman illustrates the links between collapsing investment and the Great Recession.
Political Dreaming in the Twenty-First Century: Where Has It Gone?
Itu2019s time to try a different approach - to keep feeling and voicing what Martin Luther King, Jr., called u201cthe fierce urgency of now.u201d
Richard Wolff: Detroit a “Spectacular Failure” of System that Redistributes Pay from Bottom to Top
Kicking off a series of speeches about the economy, President Obama told a crowd in Illinois on Wednesday that reversing growing inequality and rejuvenating the middle class
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Citizens and Teachers Resist Massive Public School Closures in Philadelphia
Both students and parents are at a loss as to what will happen in September.
Collateral Damage: QE3 and the Shadow Banking System
Ellen Brown: The Federal Reserve Act might have to be modified, but what Congress has wrought can change.