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Why the Middle Ages Matter: Medieval Light on Modern Injustice

Why the Middle Ages Matter: Medieval Light on Modern Injustice

By Celia Chazelle (Editor), Simon Doubleday (Editor), Felice Lifshitz (Editor), Amy G. Remensnyder (Editor)

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Tag: Economy

Payday Lenders

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Posted on Apr 20, 2014 READ MORE



C. Wright Mills Understood Why We’re So Lame

In the 1950s, as the United States transitioned from a factory- to an office-based economy, the sociologist perceived that “if you wanted to find out what was wrong with American society and politics, you had to look to the white-collar worker,” writes Nikil Saval in The Chronicle of Higher Education.

Posted on Apr 19, 2014 READ MORE


Russell Brand Sits Down With a Philosopher to Find the ‘Truth Behind the Headlines’

Some newspapers would have you believe you’re in constant danger of being eaten by a giant South American bird around the corner from your home.

Posted on Apr 19, 2014 READ MORE



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Will Government Use Its New Leverage Over the Financial Industry?

If you read one business book this year, make it “Flash Boys” by Michael Lewis. The journalist famous for “Moneyball” and “The Big Short” takes readers inside the parasitic world of high-frequency trading that is harming the broader economy.

Posted on Apr 18, 2014 READ MORE



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On Climate, Business as Usual

Despite mounting evidence that global warming is an urgent crisis, emissions of heat-trapping greenhouse gases grew faster between 2000 and 2010 than over the previous three decades, according to an authoritative new report from the Intergovernmental Panel on Climate Change.

Posted on Apr 18, 2014 READ MORE



Illustration by Donkey Hotey (CC-BY)

Who Are the Koch Brothers and What Do They Want?

Given the reality that the Koch brothers are now the most important and powerful players in American politics, it is important to know what they want and what their agenda is.

Posted on Apr 18, 2014 READ MORE


GOP Healthplan

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Posted on Apr 17, 2014 READ MORE



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Antitrust in the New Gilded Age

We’re in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted.

Posted on Apr 17, 2014 READ MORE



Climate Costs ‘May Prove Much Higher’

A re-examination of the true social costs of greenhouse gas emissions suggests they may have been seriously under-estimated, researchers say.

Posted on Apr 16, 2014 READ MORE



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Happy Tax Day, and Why the 1 Percent Pay a Much Lower Rate Than You

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Posted on Apr 15, 2014 READ MORE


Gourmet

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Posted on Apr 14, 2014 READ MORE



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Residents of New Mexico Suffer Under Unregulated Housing Market

In a chilling report on “New Mexico’s Badlands,” writer Joseph Sorrentino sketches life in the “colonias” of Pajarito Mesa, a desert area 10 miles from Albuquerque and home to 1,200 to 1,500 people struggling against real estate predation and an absence of basic services.

Posted on Apr 12, 2014 READ MORE



How Corrupt Is the Obama Administration?

A retiring prosecutor reveals just how unlawful the SEC is; the Netflix show “House of Cards” has helped China’s image in the U.S.; meanwhile, the long-term unemployment crisis must be resolved. These discoveries and more after the jump.

Posted on Apr 12, 2014 READ MORE



AP/Carolyn Kaster

Obama and the Johnson Legacy: Recollecting the Great Society

President Obama appeared in Austin, Texas, on Thursday night to deliver that rarest of speeches: a tribute to a former president, Lyndon Baines Johnson, whose administration still remains in controversy.

Posted on Apr 11, 2014 READ MORE


Pulitzer Prize Winner Says U.S. Has the Most Unfair Modern Economy

This week on Truthdig Radio in association with KPFK: Why the rich keep getting richer (and don’t even realize it), poverty around the world, Stephen Colbert heads to CBS, and Pacifica tries to put a network back together again.

Posted on Apr 11, 2014 READ MORE


Pulitzer Prize Winner Says U.S. Has the Most Unfair Modern Economy

This week on Truthdig Radio in association with KPFK: Why the rich keep getting richer (and don’t even realize it), poverty around the world, Stephen Colbert heads to CBS, and Pacifica tries to put a network back together again.

Posted on Apr 11, 2014 READ MORE



What Newly Released Docs Tell Us About the IRS and How It Handles Dark Money Groups

Here are five takeaways ProPublica found from the documents released Wednesday by a House committee.

Posted on Apr 10, 2014 READ MORE



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How the Labor Department Has Let Companies Off the Hook for Unpaid Internships

Four years ago, the Labor Department clarified the rules that make unpaid internships legal, but employers continue to enjoy lax enforcement and free labor.

Posted on Apr 9, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE


A Century of Collusion Between Washington and Finance

Former Wall Street executive, financial journalist and Truthdig contributor Nomi Prins tells “Democracy Now!” how a small number of bankers have played critical roles in shaping a century’s worth of financial, foreign and domestic policy in the United States, a series of events that she documents in her new book, “All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.”

Posted on Apr 8, 2014 READ MORE


Wall Street Rigged

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Posted on Apr 7, 2014 READ MORE



Corporations Weigh Risks, Opportunities of Changing Climate

For business and industry climate change brings a range of concerns—and offers plenty of new opportunities as well.

Posted on Apr 6, 2014 READ MORE


GOP NoCare

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Posted on Apr 6, 2014 READ MORE



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The Labor Market’s Double Standards

Technology, sports and politics are distinct worlds. They have their own junkies, their own vernaculars and their own peculiar customs. Yet, in recent weeks you may have noticed a common economic argument coming from those worlds’ respective leaders—an argument about who should have a right to engage in collective action and who should not.

Posted on Apr 4, 2014 READ MORE



Studies Confirm the Dehumanization of Black Children and the ‘Preschool-to-Prison Pipeline’

Racial justice activists and prison abolition groups have long argued that the “school-to-prison” pipeline funnels young black kids into the criminal justice system, with higher rates of school suspension and arrest compared with nonblack kids for the same infractions.

Posted on Apr 3, 2014 READ MORE


Give ‘n’ Take

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Posted on Apr 3, 2014 READ MORE



Vietnam’s Solution for Corrupt Bankers: Firing Squads

For the most part, American bankers whose rash pursuit of profit brought on the 2008 global financial collapse didn’t get indicted. They got bonuses.

Posted on Apr 3, 2014 READ MORE



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Ukraine Debacle Threatens Europe’s Union

The issue of rightist nationalism as a threat to the European Union and the peace of the new Europe has preoccupied Europeans since 1945, when the predecessors of the EU—the West European Union and then the Coal and Steel Community—were created to assure that Nazism or some totalitarian counterpart would not again rise in Europe.

Posted on Apr 2, 2014 READ MORE



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The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE



Senate Democracts (CC-BY)

Who Cares About the Value of Work?

Sen. Patty Murray, D-Wash., favors a minimum wage increase to $10.10 an hour, but she also has other ideas that would help Americans at the bottom of the income structure to earn more.

Posted on Mar 31, 2014 READ MORE


Payday Loan Hearings

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Posted on Mar 30, 2014 READ MORE



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China’s One-Child Policy and America’s No-More-Child Policy

What both the Chinese government’s one-child policy and the U.S.’ no-more-child policy have in common is that both totally disregard the intelligence, the moral agency, and the bodily integrity of women.

Posted on Mar 28, 2014 READ MORE



Aspen Photo / Shutterstock.com

Let Them Eat NCAA Brackets

There are many modern-day analogies to Marie Antoinette’s attitude toward the proles during the 18th century, but nothing quite like Warren Buffett’s billion-dollar giveaway.

Posted on Mar 28, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

The New Billionaire Political Bosses

Charles and David Koch should not be blamed for having more wealth than the bottom 40 percent of Americans put together.

Posted on Mar 26, 2014 READ MORE



Top Chinese JPMorgan Exec Leaving Amid Probe

One of JPMorgan Chase’s top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws in Asia.

Posted on Mar 25, 2014 READ MORE



AP/Pavel Golovkin

The Long Telegram: Imaginary Friends and Phantom Enemies

The result of the obsessive vilification of Russia is a tragic waste of opportunities for two major nations to join in the actual wars at hand.

Posted on Mar 25, 2014 READ MORE



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Health Care’s Real Stakes

You never get a second chance to make a first impression. But at the end of this month, the new health care law will get a third chance to make a decent impression—finally.

Posted on Mar 24, 2014 READ MORE



Spanish Police Arrest 24 in Madrid After Anti-Austerity Protest

Spanish police detained 24 people during street violence late Saturday after a large anti-austerity demonstration in Madrid in which dozens were injured.

Posted on Mar 24, 2014 READ MORE



White House/Pete Souza

Framed for Crimea: Obama’s Critics Issue Hollow Indictments

To hear the Republicans shrieking about Crimea—from those howling simpletons on Fox News to the churlish statesmen of the United States Senate—all blame rests with President Barack Obama.

Posted on Mar 21, 2014 READ MORE



plavevski / Shutterstock.com

Ukraine Promises Only Trouble for Russia

After Vladimir Putin’s speech in the Kremlin justifying and welcoming Russian annexation of Crimea, the Western press now asks what next will Putin do? How far will he go?

Posted on Mar 18, 2014 READ MORE


Bankers and Big Data

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Posted on Mar 16, 2014 READ MORE



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The ‘Paid-What-You’re-Worth’ Myth

If you still believe people are paid what they’re worth, take a look at Wall Street bonuses.

Posted on Mar 15, 2014 READ MORE



NYC: Where Bonuses Rise, and The Working Poor Still End Up Homeless

Bonuses on Wall Street jumped 15 percent in 2013, while record numbers of New Yorkers poured into homeless shelters.

Posted on Mar 14, 2014 READ MORE


Republican Lifeguard

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Posted on Mar 14, 2014 READ MORE



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Libya’s Parliament Dumps PM Zeidan, Elects al-Thinni, Over Oil Tanker Crisis

In a series of dramatic political moves, the Libyan General National Congress on Tuesday made a vote of no confidence in Prime Minister Ali Zeidan.

Posted on Mar 12, 2014 READ MORE



The Growth of the American Servant Sector

Nowadays, the members of the 1 percent are the only ones getting richer and they’re hiring servants to keep them comfy; there are a few things you should be aware about with regard to your caffeine intake; meanwhile, familiar weather patterns have gone extinct. These discoveries and more after the jump.

Posted on Mar 11, 2014 READ MORE



Images_of_Money (CC BY 2.0)

On the Money: A House Divided Against Itself

In the first two months of this year, 20 percent of all the money spent on election advocacy came from conservative political groups attacking Republican candidates.

Posted on Mar 11, 2014 READ MORE



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The Great U Turn

Do you recall a time in America when the income of a single school teacher or baker or salesman or mechanic was enough to buy a home, have two cars, and raise a family?

Posted on Mar 7, 2014 READ MORE


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