What’s Killing the American Middle Class?

A new study by the Pew Research Center spurred a rash of headlines last week about the "dying" middle class. It's dying, but not from natural causes. It's being killed. What – and, for that matter, who – is responsible?
Richard Eskow
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Too Big to Fail, Too Dangerous to Ignore

Instead of moving forward with breaking up too-big-to-fail banks, we're having a debate over whether "too big to fail" is even a thing. If the debate seems complicated, maybe some people want it that way. But it's not.
Richard Eskow

Wall Street’s Fraud of the Week Club

$5.1 billion with Goldman Sachs, $1.2 billion with Wells Fargo – how many settlements will it take to convince some fact-resistant pundits and politicians that there is an epidemic of fraud on Wall Street?
Richard Eskow

Video Interview: Steve Phillips, “Brown is the New White”

Are the Democrats doing enough to register the voters of the "New American Majority," bring them to the polls, and win their support once they're there? We spoke with Steve Phillips about his new book, "Brown is the New White."
Richard Eskow

The Penalty for Poverty Should Not Be Death

The Brookings Institution recently issued a report showing that poor Americans die at a much earlier age than rich Americans, and that this life expectancy gap between rich and poor is growing rapidly.
Richard Eskow

Five Reasons Glass-Steagall Matters

What does a banking law passed 75 years ago and repealed 16 years ago have to do with the 21st century economy? As it turns out, a lot – and thus it became a major issue in Saturday's Democratic presidential debate.
Richard Eskow

The “New Democrats” Confront a New Reality

Once again, Third Way and its allies are misreading the economic and political moment. If their influence continues to wane, perhaps one day Americans can stop paying the price for their ill-conceived agenda.
Richard Eskow

How Unions Fight Inequality and Strengthen Democracy

A new International Monetary Fund study shows that a reinvigorated labor movement is essential to a just economy and a well-functioning democracy. It deserves widespread attention – and should inspire concerted action.
Richard Eskow

“Sowers of Change”: The Pope Arrives At a Critical Moment

Pope Francis' itinerary seems to suit his message: political institutions must respond to the needs of the people, the economy should be a tool for human betterment, and it's possible for us to remake society.
Richard Eskow

The GOP Debate is What Oligarchy Looks Like

Recently five Republican presidential candidates paraded themselves before a group of mega-donors convened by the Koch brothers. Thursday's debate was an extension of the Kochs’ beauty pageant.
Richard Eskow

The GOP’s Anti-Elderly, Pro-Billionaire Agenda

The GOP isn’t openly presenting itself as the anti-elderly party. But its leading presidential candidates are pushing cuts to Social Security, and its budgets would end Medicare as we know it.
Richard Eskow

Is Jeb’s Social Security Flub The Worst Bush Gaffe Yet?

The former Florida governor has been running on a platform that includes cutting Social Security benefits, so he’s been talking about raising the retirement age. But he doesn't even know what the retirement age is.
Richard Eskow

In Search of the Democratic Soul

The best way to find the soul of the Democratic Part is by seeking out the small-d “democratic” soul instead – that voice of the majority that so often goes unheard in today’s money-driven politics.
Richard Eskow

The Populist Agenda: The Fight for a Just Society

The obstacles faced by the progressive movement aren’t news to anybody who's been paying attention. But recent developments may also stir an unfamiliar sensation in the liberally minded observer: optimism.
Richard Eskow

Tracking the Progress of the Progressive Agenda

As we address income inequality, the Fight for $15 shows us that we can reach seemingly unachievable goals. It tells us that we must not let others determine the limits of the politically possible.
Richard Eskow

The Big Banks Are Corrupt – And Getting Worse

The repercussions of the latest Justice Department deal with felonious big banks were limited to a few headlines and some scattered protestations. That’s not enough. Our financial system is corrupt by design.
Richard Eskow

The Left Matters – Now, More Than Ever

The left is important because it holds the key to energizing disaffected voters across the political spectrum – the voters who believe that neither political party is speaking to their most deeply-felt needs.
Richard Eskow

Opportunity or Inequality? That’s No Choice At All.

We don't live in a world where policy makers must choose between reducing wealth inequality or helping working-class Americans get ahead. In fact, it's impossible to address one without the other.
Richard Eskow

A “College” Closes, But Student Debt Lives On

Corinthian Colleges has officially shut down. But for most of its students, and for a generation enchained by student debt, the need for action remains. Abuses must be addressed, and their victims made whole.
Richard Eskow

The Surprise Issue of the 2016 Election?

Will Hillary Clinton embrace her party's growing call to increase Social Security benefits? It's not an extreme idea, or even a particularly “leftist” one. In fact, it was a key part of the Republican platform – in 1956.
Richard Eskow

The “Fight for $15” and the Return of the Vanishing Worker

The “fight for $15” matters – because the lives of working people matter, and because the success of this effort would help strengthen the American economy. But the significance of April 15's action runs even deeper than that.
Richard Eskow

Social Security: The Anti-Populist Empire Strikes Back

The latest attack on Social Security comes from a “libertarian” finance writer, an editor for the National Review and – inevitably – the editorial board of the Washington Post. But there's a struggle among Democrats, too.
Richard Eskow

Indiana Toll Road: Privatization’s Highway to Hell

The Indiana Toll Road is an infinite loop through the neoliberal world order, the mirror of a recursive economy in which every step toward corporatization creates more hardship – which calls for more privatization.
Richard Eskow

Big-Bank Bad Guys Bully Democracy – And Blow It

They've cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government that rescued them.
Richard Eskow
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