All Articles on Economy

News
Behind 'Smokescreen' of Charity, Global Financial Elite Pillage African Nations $60bn Each Year
"Notions of aid and charity are in reality aiding politicians and multinational corporations to continue plundering Africa behind a shroud of ‘generosity’."
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Progressive Demand: “Robust, Long-Term” Transportation Funding
The House is scheduled to begin debate Tuesday on a short-term patch to get past an election-season crisis on federal transportation funding, but the Campaign for America’s Future sent a letter to members of Congress today calling on them to “quickly renew robust, long-term funding for the Highway...
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News
Still No Real Accountability: Citigroup to Pay $7 Billion for Its "Egregious Misconduct"
Banking giant sold "toxic financial products," reaped profits; critics say it now gets a "sweetheart immunity deal."
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News
Sharks Not Life Guards: Lawsuit Targets 'Predatory' Student Debt Relief Companies
Illinois to become first state to take on 'scams' in court
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(Photo: flickr / cc / mSeattle) Views
Economic Lynching
On October 26, 1934 Claude Neal , a black man accused of murdering a young white woman in Jackson County, Florida, was dragged from his jail cell to be lynched. The event was rushed into the afternoon newspapers. When an unruly crowd of several thousand people gathered for the spectacle, the six...
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News
Skepticism as “Green Goods” Trade Talks Begin
13 countries, constituting nearly 90 percent of the current trade in green goods such as solar panels, wind turbines and wastewater treatment filters, came together in Geneva to try again to reach agreement.
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(Creative Commons/www.kremlin.ru.) Views
Summer Signs Confirmed by World Events
As hooligans in Jerusalem shout anti-Arab slogans and threaten individual Arabs, giving rise to the word ‘Zio-fascists’, Israel prepares to invade Gaza yet again, while Kiev shells villages and towns as it prepares to besiege Eastern Ukraine’s two largest cities. The Gaza invasion is clearly an...
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A man protests austerity and budget cuts in the United Kingdom during a massive labor strike on November 30, 2011. (Flickr/Claudia Gabriela Marques) Views
In UK, Big-Labor Strikes and Low-Wage Struggles Jockey for Future
On July 10, 2014, hundreds of thousands of public sector workers across the United Kingdom — including firefighters, teachers, civil servants, National Health Service staff and local government workers — went on strike against pay freezes and pension cuts. The strike was coordinated by six of the...
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Welcome to the $1,000 pill – yes the price of Gilead Sciences latest drug, Sovaldi, which is used to treat hepatitis C, a liver-destroying virus. Views
The Myths of Big Corporate Capitalism
Large corporate capitalism is a breed apart from smaller scale capitalism. The former can often avoid marketplace verdicts through corporate welfare, strip owner-shareholders of power over the top company bosses and offload the cost of their pollution, tax escapes and other “externalities” onto the...
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Sen. Elizabeth Warren Views
Economic Populism at Heart of Emerging Debate Among Democrats
Over at The Washington Post , the usually sensible Greg Sargent endorses the notion that divisions among Democrats are “mostly trumped up.” The tension between the Wall Street wing of the party and the Warren (as in Elizabeth) wing is an overblown fiction of a press corps desperate for some action...
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