Truthout
Economy

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The American Middle Class Is Becoming Poor, and Mitt Romney Doesn’t Realize It
January’s increase in hiring is good news, but it masks a bigger and more disturbing story – the continuing downward mobility of the American middle class. Most of the …

The Need to Relocalize Our Economies
(Image: Jared Rodriguez / Truthout) For some people, particularly the young and the old, the local mall or big-box retailer or superstore is an important part of …

Got Class Warfare? Occupy Wall Street Now!
Class warfare has once again entered the vocabulary of mainstream national politics, but with a strange twist.

An Unending Crisis – America in the 21st Century
The "credibility" gap has spread from the presidency to the entire political system.

The Jobs Mirage: How Much More Work Do Humans Really Need?
Instead of clamor for jobs, why not clamor for a shorter workweek and divide the necessary work among more people?

Economic Update: Your Weekly Dose of Revolutionary Economics (Audio)
A revolutionary take on a massive set of problems: Capitalism's failings and today's global economic crisis. Every Saturday, Economics Professor Richard D. Wolff and guests discuss the current state …

America in Decline
Corporate power's ascendancy over politics and society both political parties far to the right of the population.

From Benetton to Murdoch: The Culture of Money, Shock and Schlock
The aestheticization of shock, difference and glamour misappropriates social consciousness.

Bring My Job Home!
“Free trade” is a guaranteed ticket to the poorhouse for any nation, and the evidence is overwhelming.

Why March-April’s Job Gains Will Collapse This Summer
The jobs crisis is far from over.