All Articles on Economy

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Capitalism Is Too Good a Name to Describe Neo-Liberal Ideology
In science, a theory is abandoned or substantially modified if it does not concur with the emerging facts, fails to predict important events, or is contradicted by experiments. That, alas, does not seem to apply to economic theories. Many of the leading lights of free-market (neo-liberal)...
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In May 2013, protesters marched in Washington D.C. to demand that government hold the 'too big to jail' banks accountable for the ongoing home foreclosure crisis. (Photo: Stephen D. Melkisethian/ cc via Flickr) News
Americans to Wall Street 'Scrooges': Give Your Bonus to Homeless
Petition: 'Help the folks that you Scrooged out of their homes and end the homelessness crisis you created.'
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America’s Greediest: The 2013 Top Ten
Butchers, bakers, and candlestick makers. You won’t find any of them in this latest annual list of America’s most avaricious. You will find wheelers and dealers and a candy store heiress.
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2014 Will Be The Year of “Economic Populism” – and Then?
It’s becoming increasingly clear that, at least politically, 2014 will be “The Year of Economic Populism.” Now the question is, who gets to decide what that really means? A couple of recent policy disagreements offered us glimpses of the debates that could shape tomorrow’s new populist initiatives...
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Critics Slam Volcker Rule as 'Worst of All Worlds'
Banking regulatory guidelines deemed 'Glass-Steagall lite'
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'Sleepwalking to Extinction': Capitalism and the Destruction of Life and Earth
When, on May 10th, scientists at Mauna Loa Observatory on the big island of Hawaii announced that global CO2 emissions had crossed a threshold at 400 parts per million (ppm) for the first time in millions of years, a sense of dread spread around the world and not only among climate scientists. CO2...
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Senator Warren says 'Pick Up The Slingshot' Against Too Big To Fail Banks
Sen. Elizabeth Warren, D-Mass., says that the problem of “too-big-to-fail” financial institutions has only gotten worse in the years since Congress passed financial reform legislation. That’s why she is calling on activists to step up the pressure on Congress to pass legislation that would erect a...
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Sen. Warren Warns 'Too Big to Fail' Banks Now Even Bigger
In speech promoting 21st Century Glass-Steagall Act, Senator slams regulators for once again letting banks off the hook
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‘The Voice of Greek Radio Falls Silent’
“Even words lose their meanings,” says the disembodied voice. It’s speaking to fill the space before the silence, to be present. “Are these your orders? Yes, those are my things…Somewhere here we close, dear listeners. The voice of Greek radio falls silent. Good luck to everyone. We’ll find each...
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Congress Must Not Fast Track TPP to Ratification
US lawmakers may soon introduce legislation to give the Trans-Pacific Partnership (TPP) a “fast-track” through Congress. Senate Finance committee leaders Sen. Max Baucus and Sen. Orrin Hatch have renewed their call to pass such fast-track legislation and hand over Congress' constitutional power to...
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