Truthout
Economy
Xi Jingping Wins Third Term Amid Deteriorating US-China Relations
Ho-fung Hung explains why characterizing the U.S.-China rivalry as a “new Cold War” is misleading.
Without Ending Deadly Sanctions on Iran, There Can Be No “Woman, Life, Freedom”
The domestic economic policies in Iran are compounded by sanctions against the country, which hurt the most vulnerable.
Liz Truss Is Roiling the British Economy in Her Zeal to Serve the 1 Percent
The U.K. prime minister had said the £45 billion giveaway to the rich was just the start. Then she was forced to U-turn.
85% of the World Will Likely Live Under “Deadly” Austerity Measures Next Year
As 143 countries pursue harsh cuts to social programs, experts say “austerity is the worst possible choice.”
Corporations’ Price-Gouging May Hurt Them in the Long Run, Says Economist
Consumers can afford to buy more when prices are lower; thus, corporations will make more money, says Chris Becker.
Biden’s Actions Are a Start, But the US Is Still Sacrificing Poor People
It’s time for us to fight for a comprehensive, intersectional, bottom-up approach to confront economic injustice.
UK’s New Prime Minister Makes No Apologies for Favoring the Wealthy
Public statements made by Britain’s new PM, Liz Truss, suggest she will drag the country even further to the right.
Economy Adds 315,000 Jobs in August, But Unemployment Ticks Upward
There are concerns that the Federal Reserve Board will choose to raise rates more aggressively in response to job gains.
Mitch McConnell’s Condemnation of Debt Relief Is Dripping With Hypocrisy
Biden’s debt relief plan is not nearly enough, but it is a key step. Of course, Republicans are decrying it as “unfair.”
Universities Are Plundering Cities. How Can This Relationship Change?
Scholar Davarian L. Baldwin discusses how “UniverCities” occupy -- and reshape -- local spaces and local economies.