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?
A CSX freight train derailed in Washington, D.C. last week. To be fair, our society has been consistently indifferent to railway accidents everywhere. But each is a warning.
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.
$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?
Banking is a competitive business run by competitive people. Fraud isn't just a sideline. It gives bankers a much-needed edge. Play by the rules? For bankers, Rule #1 is “win at any cost.”
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."
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.
A new study confirms what many activists have suspected for a long time: The private courts set up by international "trade" deals heavily favor billionaires and giant corporations, at the expense of governments and people.
Here are 10 facts about the 1 percent – but they’re not just statistics. They’re a paint-by-numbers picture of an economy, and a democracy, in urgent need of change. (With video.)
What does a banking law passed 75 years ago and repealed 16 years ago have to do with the 21st century economy?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.
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.
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.
The differences between the college financing plans offered by Bernie Sanders and Hillary Clinton are important – both for their impact on the middle class, and for what they tell us about the candidates.
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.
If the Federal Reserve does raise rates Thursday, it would be rejecting the advice of many leading economists – and going against the interests of millions still struggling in today's economy.
One in four employers will be hit with the Affordable Care Act's insurance excise tax when it takes effect in 2018, and in 10 years it could affect nearly half of American workers. Let's repeal and replace it.
Call it “qualitative,” rather than “quantitative,” easing. It would increase the money supply invested in the real-world economy to create jobs, lift wages and create broad economic growth.
Republicans are still working to erode the public’s trust in Social Security, just as they did when GOP presidential candidate Alf Landon called it “a fraud on the workingman” in 1936.
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.
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.
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.
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.
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.
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.
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.
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.
The president stakes his reputation on a trade deal that may increasingly be seen as a joint Obama/GOP initiative. If successful, his legacy could suffer a mortal blow and his party pay a terrible price.
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.
I was asked by The Huffington Post to predict what Social Security might look like 10 years from now. That future is filled with both possibility and shadowed by danger.
Fifteen Baltimore neighborhoods have lower life expectancies than North Korea. North Korea! When America is asked to search its soul, which America are we talking about?
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.
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.
“The trust fund isn't real.” This claim is evergreen on the right – and it's wrong, as wrong as when Alf Landon deployed many of the same arguments in his 1936 race against FDR.
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.
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.
Challenger "Chuy" Garcia's defeat was a setback for the left, but the Chicago mayor's struggle to retain his office is a warning that corporate Democrats are likely to find themselves on the defensive in 2016 and beyond.
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.
If the word “crisis” seems dramatic to you, you haven't been paying attention. The Federal Reserve recently released new data on student debt, and it shows that the situation is even worse than many people realized.
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.
Why Wednesday's budget vote is so important: Democrats need to be on record supporting the Caucus, both to shift the political debate and to provide themselves with a stronger platform to run on in future elections.