Truthout
Economy
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The Botox of Late-Stage Capitalism
As America’s Great Middle Class crumbles, the Rich are again grasping for every possible regulatory rollback and tax cut, all the better to fund some final bacchanal of late-stage …
Recovered Economic History: “Everyone but an Idiot Knows That the Lower Classes Must Be Kept Poor, or They Will Never Be Industrious“
“…everyone but an idiot knows that the lower classes must be kept poor, or they will never be industrious.” —Arthur Young; 1771 Our popular economic wisdom says that capitalism …
Rich Countries Seek to Block UN From Working on Global Finance Reforms
An important fight between rich countries and developing countries over the question of UN involvement in researching and advocating for a new global financial architecture has spilled into the …
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The Transformation of Ben Bernanke
I've been rereading Larry Ball's impressive and disturbing what-happened-to-Ben-Bernanke analysis — an analysis that, I happen to know, has caused much consternation in some circles. ("Surely it can't be …
On the News With Thom Hartmann: House Passes Congressman Paul Ryan’s Budget for the Rich, and More
In today's On the News segment: The American Legislative Exchange Council (ALEC) dismantles its non-economic task forces, the House passed Congressman Paul Ryan's budget for the rich, more bad …
Bill Moyers Essay: Capitalism With a Conscience
With help from the government, a very friendly tax code, and their own coffer-powered influence, big American companies have emerged from the recession flush with cash, less burdened by …
Occupy the Courts: Corporate Personhood Reconsidered
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. The Occupy movement was widely lampooned by critics for failing to bring forward a coherent …
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ALEC Disbands Most Insidious Task Force After Public Pressure and Loss of Sponsors
Truthout combats corporatization by bringing you trustworthy news: click here to join the effort. Under growing public pressure and the departure of multiple corporate members, the American Legislative Exchange …
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Occupy Wall Street’s Occupation of Wall Street Facing Eviction Despite Legal Protections
(Photo: David Shankbone / Flickr)When Occupy Wall Street protesters decided to take up sleeping on the sidewalks of Wall Street, they did so with the protection—they thought—of the law. Specifically, a …
Raising Kids Is Work? Tell That to Women on Welfare
For all the shameful sucking up to multimillionaire mom Ann Romney after Democratic pundit Hilary Rosen accused her of never having worked “a day in her life,” the reality …