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Nomi Prins
Nomi Prins

Nomi Prins is a journalist and Senior Fellow at Demos. Her latest book is: “It Takes a Pillage: Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street” (Wiley, September, 2009). She is the author of “Other People’s Money: The Corporate Mugging of America” (The New Press,...

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The Inevitability of Income Inequality

Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy. It is an inherent result of the consolidation of a substantial amount of both financial power and political influence in the hands of a few families.

Posted on Mar 11, 2014



The Horror, the Horror

If the Congolese can maintain hope in their horrific circumstances, and journalists like Michael Deibert literally risk their lives to bring us their stories, then it’s our human obligation to read them.

Posted on Feb 28, 2014



AP/Bernd Kammerer

Volcker Rule Made Meaningless by Abundant Exemptions

The Volcker Rule has finally been approved by regulators, but with hundreds of pages of exemptions, too-big-to-fail banks have little to fear.

Posted on Dec 18, 2013



Verso

The Village Against the World

Nestled in farmland about 60 miles from Seville, Spain, is Marinaleda, a functioning utopia—every villager has work and housing, mortgages are 15 euro a month, and foreclosures and police don’t exist.

Posted on Nov 8, 2013



How to Make a Million Dollars an Hour

People who manufacture nothing and bet on everything control the financial destinies of everyone else—and they make stupendous amounts of money doing it. Because, as Les Leopold writes in his book, “Making a million an hour means never having to say you’re sorry.”

Posted on May 23, 2013



Screenshot

The Courage of Conscience

“Beautiful Souls: Saying No, Breaking Ranks, and Heeding the Voice of Conscience in Dark Times” tells the stories of unlikely dissenters who were not radicals, but rather ordinary people compelled to act when the system they believed in went terribly wrong.

Posted on Jul 31, 2012



Decade of the Living Dead

“Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy” is a grisly and horrifying true story of bloodsucking, flesh-eating, life-destroying fiends.

Posted on Mar 15, 2012



AP / Margarethe Wichert / dapd

S&P Downgrades and Banks: Threats to Global Stability

The markets weren’t shocked by last week’s wave of pre-broadcast S&P sovereign debt downgrades. For months, the question wasn’t “if” but “when.” And true to form, just as with the U.S. downgrade, S&P’s reasoning skated the surface of prevailing wisdom.

Posted on Jan 19, 2012



Disasters Merging

Catastrophic convergence, the “collision of political, economic, and environmental disasters,” is the theme of Christian Parenti’s epic new book, “Tropic of Chaos.”

Posted on Sep 23, 2011



AP / Shannon Stapleton, pool

The Real IMF Assault

As newly resigned International Monetary Fund head Dominique Strauss-Kahn hunkers down in his jail cell, IMF news has fallen into two categories. Both miss the devastation the IMF causes, regardless of who heads it.

Posted on May 20, 2011



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