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By Steven Naifeh (Author), Gregory White Smith (Author)
By Morris Dickstein
$19.77
$21
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Image via Shutterstock
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By Robert Reich — As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom, while sheltering their profits in the lowest-tax jurisdictions they can find. Major advanced countries need a comprehensive tax agreement that won’t allow global corporations to get away with this.
Posted on May 20, 2013
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BBC
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Two people are dead after part of the concrete roof of a factory that manufactures Asics shoes in Cambodia collapsed on workers, officials say. Police report at least six people were injured.
Posted on May 17, 2013
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Kheel Center, Cornell University (CC BY 2.0)
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By Kevin Zeese and Margaret Flowers —
The weekly news is like a recurring bad dream that is becoming an even worse nightmare. While the investor class cheers a rising stock market, the rest of us sink. The headline that jumped out at us this week came from Bloomberg News: “CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law.”
Posted on May 17, 2013
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State Farm (CC BY 2.0)
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Crippling student debt is keeping hundreds of thousands of Americans from spending money on goods and services in the real economy, which is constraining the nation’s recovery.
Posted on May 11, 2013
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Patrick Chappatte, Cagle Cartoons, Le Temps, Switzerland —
Posted on May 8, 2013
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::carlos:capote:: (CC BY 2.0)
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Swiss pharmaceutical manufacturer Novartis paid doctors to push three of its products by holding “educational events” on fishing trips and at Hooters restaurants that amounted to little more than parties, according to the federal government.
Posted on May 1, 2013
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Ronald Davis is a Chicago resident who has been homeless for about a year and a half. In a heartbreaking interview filmed on the street, he talks about what it’s like to be one of the millions of Americans in his situation.
Posted on Apr 26, 2013
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Dario Castillejos, Cagle Cartoons, Dario La Crisis —
Posted on Apr 26, 2013
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[ Quique ] (CC BY-SA 2.0)
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The world’s best-selling smartphone manufacturer has acknowledged using tin sourced from Indonesia’s controversial Bangka Island, where an investigation last year found that unregulated mining employs child laborers and kills an estimated 150 miners every year while destroying the local environment.
Posted on Apr 25, 2013
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Reading mass media news articles is unhealthy and causes unhappiness, so stop it; Americans want to know more about socialism, as evidenced by Merriam-Webster’s two most searched entries in 2012; meanwhile the Swedes were dissatisfied with gendered pronouns and have officially incorporated a third, gender-neutral one into their language. These discoveries and more after the jump.
Posted on Apr 15, 2013
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Henry Giroux
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By Henry A. Giroux, Truthout —
Occasionally we meet the unsullied images, history and legacy of intellectuals who symbolize a rare combination of civic courage, political commitment and rigorous scholarship. Angela Davis is one of those exemplary individuals.
Posted on Apr 11, 2013
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R_SH (CC BY 2.0)
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The deceased prime minister’s 11-year rule over the U.K. “was historic mainly by posing the conundrum that has shaped neoliberal politics since 1980: How can governments nurture and endow financial kleptocrats” with the consent of the people?
Posted on Apr 9, 2013
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Angel Boligan, Cagle Cartoons, El Universal, Mexico City —
Posted on Apr 7, 2013
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healthy lunch ideas (CC BY-ND 2.0)
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Twenty-five students at a Massachusetts middle school went home hungry this week when the private contractor that runs the school’s cafeteria denied them lunch because the students’ accounts were a few cents overcharged.
Posted on Apr 5, 2013
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© Ahmed Amir (CC BY 2.0)
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A cache of 2.5 million secret files offers the chance to peek behind the curtain of the world’s offshore money market, detailing the involvement of more than 120,000 companies and trusts doing business with politicians, con men and scores of the mega-rich.
Posted on Apr 4, 2013
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H.Adam (CC BY 2.0)
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By Steve Fraser, TomDispatch —
We think of the financial crisis as a man-made calamity, and Hurricane Sandy as the malignant innocence of nature. But neither the notion of a man-made nor natural disaster quite captures how the power of a few and the vulnerability of the many determine what is really going on at ground level.
Posted on Apr 4, 2013
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John Cole, Cagle Cartoons, The Scranton Times-Tribune —
Posted on Mar 31, 2013
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LINUZ90 (CC BY-SA 2.0)
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By C.J. Polychroniou, Truthout —
Higher education must be understood as a democratic public sphere—a space in which education enables students to develop a keen sense of prophetic justice, claim their moral and political agency, utilize critical analytical skills, and cultivate an ethical sensibility through which they learn to respect the rights of others.
Posted on Mar 27, 2013
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Sony Pictures Classics
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By Sheerly Avni — How did Gael García Bernal, an outspoken leftist who has played Che Guevara not once, but twice, end up starring in a film that would appear, on the surface at least, to be a celebration of 20th century free-market economics?
Posted on Mar 23, 2013
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Andrea_44 (CC BY 2.0)
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A West Virginia man became one of the latest fatalities of the American economy when he shot and killed himself this month after authorities arrived at his home with an eviction notice.
Posted on Mar 15, 2013
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Neoliberal capitalism values young people only as commodities, social philosopher Henry Giroux says, and teachers, whose work is to encourage the growth of minds, have some of the best opportunities to defend them.
Posted on Mar 13, 2013
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AP/Mark Lennihan
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By Robert Scheer — The U.S. government exists primarily to make the world safe for multinational corporations, but those firms feel no obligation to pay for that protection in return.
Posted on Mar 12, 2013
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banspy (CC BY 2.0)
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“Since 1980, the U.S. government has reduced its intervention in the U.S. economy, which has become much more of a free market.” True or false?
Posted on Mar 9, 2013
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AP/Ismael Francisco
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Raul Castro announced Sunday that his new presidential term would be his last as the “founding generation” of Cuba’s 1959 revolution gives “new generations the responsibility to continue building socialism.”
Posted on Feb 26, 2013
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The movie explores the rise of the corporate state and the future of obedience in a world filled with unfettered capitalism, worsening inequality and environmental changes.
Posted on Feb 21, 2013
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land_camera_land_camera (CC BY-ND 2.0)
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If the federal minimum wage had kept pace with changes in worker productivity, busboys and baristas would be making at least $21.72 an hour today, according to a study by the Center for Economic and Policy Research.
Posted on Feb 14, 2013
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David Fitzsimmons, Cagle Cartoons, The Arizona Star —
Posted on Feb 11, 2013
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ISLET
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“Today’s economy is based on theft under the euphemism of ‘free enterprise,’ ” writes Michael Hudson in the first chapter of his new book “Finance Capitalism and its Discontents.” “It’s sometimes called ‘socialism for the rich’ because they receive most government subsidy. But it’s not the kind of socialism that people talked about a hundred years ago. It is a travesty of social democracy and socialism. In a word, it’s oligarchy.”
Posted on Feb 9, 2013
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Flickr/Tax Credits
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By Thomas Hedges, Center for Study of Responsive Law —
The commons movement protects large resources from privatization and allows collectives to regulate extraction. Exploitation is avoided because no one individual has more of a right to the source than any other.
Posted on Jan 31, 2013
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Verso Books
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Although Karl Marx discerned in the middle of the 19th century that a new class of capitalists was creating “a world after its own image,” it took until the beginning of the 21st century before “a constantly expanding market” could be said to have fully spread capitalist social relations “over the entire surface of the globe,” write Leo Panitch and Sam Gindin in their new book, “The Making of Global Capitalism.”
Posted on Jan 31, 2013
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Randy Son of Robert (CC BY 2.0)
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By ignoring the historic role government played in enabling economic growth, the prevailing myths about how the U.S. became prosperous allow lawmakers, officials and lobbyists to craft policies that prevent the majority of Americans from taking their rightful share of the national wealth, Jeff Madrick writes in Harper’s Magazine.
Posted on Jan 29, 2013
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ms.akr (CC BY 2.0)
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“For many in my generation, the ideological underpinnings of capitalism have been undermined,” writes Jacobin editor Bhaskar Sunkara at The Guardian. “That a higher percentage of Americans between the ages of 18 and 30 have a more favorable opinion of socialism than capitalism … signals that the cold war era conflation of socialism with Stalinism no longer holds sway.”
Posted on Jan 25, 2013
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pixelasso (CC BY-SA 2.0)
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By Henry A. Giroux, Truthout —
The debate in both Washington and the mainstream media over austerity measures, the alleged fiscal cliff and the looming debt crisis not only function to render anti-democratic pressures invisible, but also produce what the late sociologist C. Wright Mills once called “a politics of organized irresponsibility.”
Posted on Jan 25, 2013
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New York Times columnist and Nobel Prize-winning economist Paul Krugman drew on 20th century U.S. history to explain to Bill Moyers how a Washington that was willing to spend could end the present American depression.
Posted on Jan 15, 2013
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walknboston (CC BY 2.0)
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By Michael Hudson, ISLET —
Rather than mobilizing savings to fund new industries, the banking system that comprises the financial, insurance and real estate sectors merely loads the economy down with debt.
Posted on Jan 11, 2013
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Nicholas_T (CC BY 2.0)
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When a plan to construct the first modern privatized highway in the United States did little to ease congestion, blocked residents from making further improvements and cost taxpayers hundreds of millions of dollars, Californians had the opportunity to learn a lesson about the folly of privatizing transportation projects.
Posted on Jan 5, 2013
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mikecogh (CC BY-SA 2.0)
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Born of the last decade of aggression against theocratic regimes many thousands of miles away, the American infidel “is a rebel for laissez-faire capitalism, an anarchist for the law, an enforcer of the established order,” writes Harper’s Magazine columnist Thomas Frank.
Posted on Jan 2, 2013
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Illustration by Mr. Fish
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By Chris Hedges — The multifaceted Ishmael Reed has spent half a century destroying myths of the American empire, especially those that cement racism in place.
Posted on Dec 30, 2012
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Danielle Walquist Lynch (CC BY 2.0)
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By Ellen Brown, Web of Debt —
Will a publicly owned bank help Scotland avoid unnecessary debt and take control of its economic destiny as North Dakotans did in the U.S.?
Posted on Dec 7, 2012
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broo_am (CC BY-ND 2.0)
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By Henry A. Giroux, Truthout —
Hurricane Sandy not only failed to arouse a heightened sense of moral outrage and call for justice, it has quickly been woven into a narrative that denied those larger economic and political forces, mechanisms and technologies by which certain populations are rendered human waste.
Posted on Dec 5, 2012
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Too Soon to Tell: The Case for Hope, Continued
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