Truthout
Economy

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Burma’s Turn
Yangon - Here in Myanmar (Burma), where political change has been numbingly slow for a half-century, a new leadership is trying to embrace rapid transition from within. The government …

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Politicians Won’t Return Ponzi Payoffs
Robert Allen Stanford. (Photo: Michael Stravato / The New York Times) On Tuesday, Texas financier Robert Allen Stanford was convicted in a Houston federal court on 13 …

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Romney’s Republican Death March
In the end, Mormon money and organization has stopped crusading papism in its tracks. In the crucial state of Ohio, millionaire Mitt Romney beat Rick Santorum. In the nine …

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The Problem With the Environment Is Not Too Many People
Los Angeles smog. (Photo: Harshil.Shah / Flickr) We've all heard the claim repeatedly: humans pollute, so if we just reduce the number of people - both the …

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Jeffrey Sachs’ Reform Candidacy for World Bank President
Jeffrey Sachs. (Photo: Joe Athialy / Flickr) Washington, D.C.- Economist and health expert Jeffrey Sachs’ reported candidacy for World Bank president is welcome news for the two-and-a-half …

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In the US, Futile Hopes for Another Presidential Contender
Political pundits have speculated about the possibility of another presidential candidate entering the November race. (Damon Winter / The New York Times) I haven’t written …

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Financial Markets Are Not Faceless, Their Face Is That of the Oligarchy
L’Humanité interviews the author of la Finance imaginaire, anatomie du capitalisme: des “marchés financiers” à l’oligarchie, Arden publishers (Fantasizing about Finance - an Anatomy of Capitalism: “Financial Markets” or …

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Remembering the Lyrical Populism of Woody Guthrie
Where's Woody when we need him? In these times of tinkle-down economics — with the money powers thinking that they're the top dogs and that the rest of us …

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Occupying Corporations: How to Cut Corporate Power
"Corporations are people, my friend." Mitt Romney at Iowa State Fair(1) Corporations are obviously not people. But Romney is correct in the sense that corporations have hijacked most of …

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The Republican Implosion Myth: How Republicans Are Winning
Fidel Castro dubbed this year’s Republican primary as the “greatest competition of idiocy and ignorance the world has ever seen.” We as a nation gave him that line by …