Truthout
Inequality
To Democratize Finance, We Must Take the Banks Away From the Bankers
Progressive economist Gerald Epstein explains how we can build a banking system that puts people over profit.
A Growing Number of Economists Are Joining the Fight to Rein In the Big Banks
Big banks have captured the financial regulatory system and are driving inequality. We need to bust their club.
2024 Will See Wave of Minimum Wage Hikes — But the Impacts Won’t Be Felt Evenly
Ten million US workers will see wage increases this year, but inflation has eroded our tools for reducing inequality.
Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.
More Than Half of Americans Don’t Have Enough Savings to Cover $1,000 Expense
More than one in five Americans have no emergency savings fund set up at all.
The Only Solution to “Wealth Supremacy” Is a Democratic Economy
Our economy must center human outcomes rather than rising share prices, says social theorist and author Marjorie Kelly.
Bipartisan Tax Bill Offers Generous Corporate Tax Relief, Inadequate Poverty Aid
A proposed bill increases the child tax credit, but fails the poorest families. Yet corporations would see a windfall.
Richest 1 Percent Produced as Many Emissions as Poorest Two-Thirds of Humanity
Annual emissions of the super rich cancel out emissions-reduction impact of nearly a million onshore wind turbines.
Debt Abolition Activists Gear Up for Countersummit as World Bank and IMF Meet
Activists from the global movement for debt abolition are converging October 12-15 in Marrakesh, Morocco.
Unionized Autoworkers Are Taking on a Three-Headed Behemoth of Big Capital
The bosses who are blocking the auto workers’ demands are also architects of war and oil-driven planetary destruction.