Economy
Meet The Billionaires Who Pillage Under the Shield of Philanthropy
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.
Oil Corporations Scheme to Export America’s Security
On the demand of oilmen for more profit, the Senate Energy Committee voted to end the 40-year-old ban on exporting American oil - giving oil-rich Middle Eastern countries additional power to crush the U.S. economy with another oil embargo.
The Revolt Against the Ruling Class
Political insiders don’t see that the biggest political phenomenon in America today is a revolt against the “ruling class” of insiders that have dominated Washington for more than three decades.
How Our Inequality Is Corrupting 'Success'
In any society that winks as great stashes of wealth amass at the top, philosopher Elizabeth Anderson reminds us, the wealthy will sooner or later see most of the rest of us as failures.
Bernie Sanders: Strong Words on Structural Racism and Inequality
As he rises in the polls and draws larger and larger crowds, Bernie Sanders is forcefully addressing structural racism, and its direct connection to economic inequality.
Oak Flat: The Latest Land Grab From Native Americans
An attachment to a "must-pass" bill gives sacred Native-American land to a foreign mining company. How did this happen and what can we do about it?
How Goldman Sachs Profited from the Greek Debt Crisis
The Greek debt crisis offers another illustration of Wall Street’s powers of persuasion and predation, although the Street is missing from most accounts. The crisis was exacerbated years ago by a deal with Goldman Sachs.
Smashing the Austerity Idols
What European leaders don’t understand — nor do Republicans — is that in hard times, you can’t cut your way to prosperity. But when times are hard you need government to provide economic stimulus to grow your way to prosperity.
Here's What Hillary Gets About Economic Growth That Jeb Doesn't
Hillary Clinton focuses not just on economic growth, but on fair growth that benefits everyone. Jeb Bush promises a 4 percent growth rate, but even if he succeeded the vast majority of the country would be left behind.
Export-Import Bank Shut Down, China Gets The Business Instead
Republicans have shut down the Export-Import (Ex-Im) Bank as of midnight, July 1. Germany, Japan, China and many other countries have similar agencies. Now they will be picking up that business.
