If the takers aren’t standing in the unemployment line or rushing home from the second job to change diapers, just where are they? Because an awful lot of America’s resources have gone missing.
Everything you can do with an iPhone was government-funded. From the Internet that lets you surf the Web, to GPS that lets you use Google Maps, to touchscreen display and even the SIRI voice activated system — all were funded by Uncle Sam.
America’s parasitical oligarchs are masters of public relations. One of their favorite tactics is to masquerade as defenders of the common folk while neatly arranging things behind the scenes so that they can continue to plunder unimpeded.
The Christian right has a history of fanaticism extremism, and folly. Since the Reagan era, politicians have deployed these tendencies to appeal to the sensibilities and loyalties of ordinary Americans while picking their pockets.
The Nobel Prize-winning economist says that through corporate consolidation and even gentrification, the elite are siphoning up all the world's wealth for themselves.
Bullies on the playground are bad enough, spreading fear and a painful sense of helplessness. But what do we do about grownup bullies who have the power to take away our jobs, our healthcare, and our most fundamental rights?
According to a new report, the richest one percent have got their mitts on almost half the world's assets. Think that’s the end of the story? Think again. This is only the beginning.
Suppressing votes by sending out confusing and intimidating mailers is an old-school GOP tactic in North Carolina. . Yet never before in the state’s history has anyone ever been recorded trying to suppress the cat vote.
The FDIC estimates there are 10 million people living in the U.S. who do not have a bank account — that’s one out of every 13 households. Public banking could fix that, but Walmart wants a piece of the action.
What does pure self-interest really look like? It looks an awful lot like Kim Kardashian. Or Paris Hilton. Or other recent manifestations of America’s celebrity culture.
Think your money's not going very far this year? It's not your imagination. According to new research, real hourly wages declined for almost everybody in the U.S. workforce in the first half of 2014. Thanks, so-called recovery.
In new Harper's article, journalist Jessica Bruder adds a new phrase to America's vocabulary: "Elderly migrant worker." A growing number of older Americans must resort to Rving across the country for seasonal and temporary employment.
Everyone is talking about a favorite Wall Street trick called stock buybacks. But what are they and what do they mean to you? Business expert William Lazonick answers with a clarion call for changing the way America does business.
We hear a lot of big talk about how Dodd-Frank has made the financial system safer. It's supposed to protect us from another financial crisis like the one in 2008. But does anybody really believe it? The bank regulators sure don’t.
Right now, all across the country, the savings of blameless, hard-working people are being nibbled away without their knowledge by unscrupulous actors. And there doesn’t seem to be anything that can be done about it.
A growing body of evidence suggests that inequality is changing not only American family structures, but the roles men and women play and the calculations they make in pairing and establishing households.
Thomas Pickety and Sen. Elizabeth Warren discuss why it is that the rich are getting richer, and everybody else is getting poorer, and most importantly, what we can do to fight it.
The media use exciting words like "creativity" and "adaptability" to describe the shift away from steady, full-time work to a gig economy of freelancers and short-term contracts. But it looks quite different, if you're actually stuck in it.
On the cover of American Spectator, vision arises from the collective unconscious of the rich. Angry citizens look on as a monocled fat-cat is led to a blood-soaked guillotine. Are they afraid the people’s patience is not endless?
Which country is considering a $25 minimum wage? How popular is American capitalism these days? Which country's millionaires want to be taxed? Here's the good, the bad, and the downright crazy in economic trends.
There’s really a storybook quality to Elizabeth Warren. How did this cookie-baking housewife from Oklahoma end up staring down the most powerful financial powers on Planet Earth, causing them to tremble in their wingtip shoes?
From her work on bankruptcy laws to her role as TARP watchdog and creator of the Consumer Financial Protection Bureau, to her latest turn as U.S. senator, Elizabeth Warren has set herself firmly on the side of hard-working Americans.
Between legalized looting, an emergency manager, water turn-offs, and threatened pensions, the people of Detroit have been to hell and back. Now they can add grotesque racial insensitivity from a newspaper editor their list.
Fancy living up in Canada? Granted, it’s a bit chilly. But the middle class up there has just blown by the U.S. as the world’s most affluent. After taxes, the Canadian middle class now has a higher income than its American counterpart.
Our society is designed by politicians indebted to the 1 percent for the purpose of enhancing and maintaining their power. The rest of us lead rocky, competitive lives that leave us isolated and exhausted. Inequality is stunting our growth.
Wall Street loves to celebrate its knack for innovation, and it's hard to disagree. The ingenuity financiers have mustered to scam Americans out of their retirements is truly a wonder to behold.
What if you could receive a guaranteed basic yearly income with no strings attached? Sounds like a far-fetched idea, right? Wrong. All over the world, people are talking guaranteeing basic incomes for citizens as a viable policy.
If you think of Detroit's bankruptcy and its effect on public workers as far away and unrelated to life in your hometown, think again. The next victim could be your town, your community, your retirement.