All Articles on Economy

News
S&P and the USA: Right's 'Madness' and Agency's Ineptitude Led to Downgrade
NEW YORK - OK, so Standard and Poors has gone ahead with the threatened downgrade . It’s a strange situation. On one hand, there is a case to be made that the madness of the right has made America a fundamentally unsound nation. And yes, it is the madness of the right: if not for the extremism of...
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Lines of cars are pictured during a rush hour traffic jam on Guomao Bridge in Beijing, China. Photo: Reuters Views
The Coming Economic Disaster
Crash Club: What Happens When Three Sputtering Economies Collide?
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Yes We Camp: A Global Fight for Radical Democracy
Millenials all over the world have received a brutal political education. The lucky few of us paid far more and will get far less for our college degrees than any generation before, we have watched with dismay as our parents squabble over light bulbs while the seas boil, and we have witnessed the...
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Views
The Story of a New Economy
We're in the midst of a contest of competing stories—one fabricated to serve the interests of Empire; the other an authentic story born of the experience and aspirations of ordinary people.
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Oh Say Can You Seethe..
Another Independence Day, and times are tough for everyone. No, not everyone. Sit back, get uncomfortable, and choose any one of these facts to make you mad. (1) The financial maneuverings of a single hedge fund manager made him enough money in one year to give a $30,000 per year job to every one...
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News
In Syntagma Square, Some See the Dawn of a New Politics
As Indignant protests enter second month, opinions divided about nature and future of the movement
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Spain’s ‘Indignant Ones’
While “Europe's slow-motion financial collapse” – as Mother Jones magazine described it in a June 6 th article – continues to unravel, Spain, like other European states continues to implement anti-social-neo-liberal policies with strong opposition from the citizenry. It has been one month since the...
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News
'Spanish Revolution' Sparks Wave of Protests in Europe
'Los indignados' say they'll keep up pressure
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Views
Off the Pedestal: Creating a New Vision of Economic Growth
Is anything in America more faithfully followed than economic growth? Its movements are constantly watched, measured to the decimal place, deplored or praised, diagnosed as weak or judged healthy and vigorous. Newspapers, magazines, and cable channels report endlessly on it. Promoting growth may be...
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The New-Economy Movement
The idea that we need a “new economy”—that the entire economic system must be radically restructured if critical social and environmental goals are to be met—runs directly counter to the American creed that capitalism as we know it is the best, and only possible, option. Over the past few decades,...
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