Truthout
Economy
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Can an Unequal Economy Self-Correct?
Lars Osberg, Instability Implications of Increasing Inequality: What can be learned from North America? Canadian Centre for Policy Alternatives. May 2012. Economist Lars Osberg has been writing about income distribution since …
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The End of the Euro: A Survivor’s Guide
In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits …
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Beyond Corporate Capitalism: Not So Wild a Dream
Itu2019s time to put the taboo subject of public ownership back on the progressive agenda. It is the only way to solve some of the most serious problems facing …
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Boot the Billionaires
President Obama probably didn’t change many votes with his announcement that he had completed his evolution on gay marriage, but it was the right thing to do. Coming a …
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Immigrant Tracking Moves Deeper Into Realm of Sci-Fi
Immigrant rights groups in Los Angeles are reporting that LAPD officers used handheld devices to scan the fingerprints of day laborers on the street corners. The incident, they say, …
How the US Sold Africa to Multinationals
Driving through Ngong Hills, not far from Nairobi, Kenya, the corn on one side of the road is stunted and diseased. The farmer will not harvest a crop this …
The Oligarchy’s Rule of Law: From Russia to Oklahoma
At the end of the 1990s, after the total collapse of the mass-privatization experiment in Boris Yeltinu2019s Russia, some of the more earnest free-market proselytizers tried making sense of …
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Bank Regulators Under Scrutiny in JPMorgan Loss
Scores of federal regulators are stationed inside JPMorgan Chaseu2019s Manhattan headquarters, but none of them were assigned to the powerful unit that recently disclosed a multibillion trading loss.
Economic Update: Spains Thriving Communist Mayor, and More
Economics Professor Richard D. Wolff and guests discuss the current state of the economy, both locally and globally in relation to the economic crisis. The segment contains economic updates …
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A New Role for the International Labor Organization in the World Economy
The Troika – the European Central Bank (ECB), the European Commission, and the IMF – is dragging Europe into its second recessionin three years. The ECB by itself has the ability to end this crisis, …