All Articles on Economy

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A Trojan Horse In Clinton's Pledge To "Enhance" Social Security?
Unless you listened carefully, you might have missed the expanse of daylight between Hillary Clinton and Bernie Sanders when asked about their plans for Social Security at the CNN Democratic debate Tuesday. It’s a gap that is alarming people who are fighting to protect and strengthen Social...
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Don’t Pave Our Potholes with Corporate Tax Cuts
If drivers won’t pay 21st century prices for 21st century roads, our once world-class infrastructure will go the way of dial-up Internet.
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Lessons from NAFTA for the TPP
There are many lessons from the North American Free Trade Agreement (NAFTA) that are relevant to the current debate over the Trans-Pacific Partnership (TPP). First, like the TPP, NAFTA was never mostly about trade and even less about free trade. In 1994, the U.S. already had low tariff barriers to...
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What One Historian Wishes Bernie Sanders Said About Being a Socialist
Tuesday night’s first gotcha question from Anderson Cooper about whether the American people would ever elect a socialist to office was one that Bernie Sanders was no doubt expecting. Progressive historian and BillMoyers.com contributor Bernard Weisberger didn’t think his answer was altogether bad...
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On Bullet-Riddled Bodies
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Not Saving the World at COP 21
Over the last few months, attempts have been made to present COP 21, the ‘landmark’ Paris climate summit to be held in December as an opportunity to ‘save the world’. The people behind these appeals appear to believe that if only we had a big enough petition or an impressive enough march, the...
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'Out of Control' Inequality: Global One Percent Owns Half of World's Wealth
The Credit Suisse report shows worldwide inequality growing even faster than experts had predicted
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BP Finally Admits Not All Oil Will Be Burnt
For some years now a growing number of activists, scientists and analysts have been warning that, if we are going to keep global warming to 2 degrees Celcius, that a significant quantify of fossil fuel reserves can never be burnt. The latest warning came late last month from the Governor of the...
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Thanks to Sanders, Democratic Party Just Debated Merits of Capitalism
Presidential hopefuls broke usual parameters of discourse when they debated capitalism versus socialism Tuesday night
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'We Are Writing the Rules,' says Obama. Who's 'We'?
The negotiations and the sales push behind Washington's latest (and biggest) "free trade" agreement amounts to Kabuki theater. What theater? Kabuki. It's a 17th-century form of Japanese drama, featuring elaborate sets and costuming, rhythmic dialogue and stylized acting and dancing. That does,...
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