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Tag: Economy


One Way or Another, Everything Changes

From the author of “The Shock Doctrine,” here is the introduction to Naomi Klein’s new book, “This Changes Everything: Capitalism vs. the Climate.”

Posted on Sep 17, 2014 READ MORE



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For the Love of Scotland

Scotland’s referendum on independence will be decided by voters whose hearts say yes but whose heads say no.

Posted on Sep 17, 2014 READ MORE



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Why Does Hillary Clinton Want to Run For President?

Judging by her weekend appearance in Iowa, it looks as if Hillary Clinton is indeed running for president. Now she has to answer one simple question: Why?

Posted on Sep 15, 2014 READ MORE



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Wages of Millions Seized to Pay Past Debts

One in 10 working Americans between the ages of 35 and 44 are getting their wages garnished. That means their pay is being docked—often over an old credit card debt, medical bill or student loan.

Posted on Sep 15, 2014 READ MORE



Harvard Business School’s Role in Widening Inequality

No institution is more responsible for educating the CEOs of American corporations than Harvard Business School.

Posted on Sep 13, 2014 READ MORE



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Shareholders’ Quest for More Transparency

A proposed Securities and Exchange Commission rule would force publicly traded companies to disclose their political spending to their shareholders.

Posted on Sep 12, 2014 READ MORE



The Bankruptcy of Detroit and the Division of America

Detroit is a model for how wealthier and whiter Americans escape the costs of public goods they’d otherwise share with poorer and darker Americans.

Posted on Sep 6, 2014 READ MORE



My Dinner With the 1 Percent: The Fight for Higher Wages Means Confronting the Greed of the Rich

“Why don’t you simply do what other rich folks do? Hide your money offshore so you don’t have to pay any taxes.” Laughter erupted at the table at my sarcastic comment and my question remained unanswered.

Posted on Sep 4, 2014 READ MORE



AP/Pavel Golovkin

Do Barack Obama and Angela Merkel Even Know What They Want From Russia?

Within the same news conference, President Obama declared economic sanctions against Russia a huge success and said Russia had invaded Ukraine.

Posted on Sep 2, 2014 READ MORE



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The GOP Wave Has Failed to Materialize

Meanwhile, back at the ranch—as foreign events hog the spotlight—why haven’t Republicans sealed the deal on the coming election?

Posted on Sep 2, 2014 READ MORE


Corporate Inversion Tax Dodge

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Posted on Sep 2, 2014 READ MORE



(AP Photo/Steven Senne)

A Market Basket of Dignity

Who knew that one of the best made-for-Labor Day speeches in American history would be delivered by a CEO? And who could have guessed that the summer’s major labor story would not be about a CEO saving the jobs of his workers but about the workers saving the job of their CEO?

Posted on Sep 1, 2014 READ MORE


Fox News Logic

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Posted on Aug 31, 2014 READ MORE


Canada

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Posted on Aug 30, 2014 READ MORE



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California Legislature Passes Bill to Protect Temp Workers

The California legislature has passed a bill that would hold companies legally responsible if the temp agencies and subcontractors they hire cheat workers out of their wages or put them in harm’s way.

Posted on Aug 29, 2014 READ MORE



View Apart / Shutterstock.com

Labor Day—You Remember ‘Labor,’ Don’t You?

Labor Day is a farce. Even public employees—read Wisconsin!—are losing what security America offers. At the minimum, the first Monday in September should be called "Reagan Day."

Posted on Aug 29, 2014 READ MORE



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2014 and the Limits of Rage

The short-term future of politics in the nation’s capital will be determined in large part by which party ends up in control of the Senate. But for a sense of the long-term future of politics in the country as a whole, watch the governors’ races.

Posted on Aug 27, 2014 READ MORE



Calif. Governor, L.A. Mayor Push Plans to Boost Entertainment Tax Credit, Minimum Wage

On Wednesday, California Gov. Jerry Brown and Los Angeles Mayor Eric Garcetti were inching closer to resolution on two big economic goals for the state and city, respectively.

Posted on Aug 27, 2014 READ MORE



Study: American Democracy ‘Seriously Threatened’

A pair of researchers have a handy tip for those Americans still attached to the notion that we live in a representative democracy: Get ready to kiss that notion goodbye.

Posted on Aug 27, 2014 READ MORE



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Neo-Liberal Austerity Keeps Europe Down

Given the current dismal state of the European Union economy, which is now firmly under German control, one must ask why Angela Merkel and her government continue to champion austerity, seemingly against all reason.

Posted on Aug 26, 2014 READ MORE


Child Cost

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Posted on Aug 24, 2014 READ MORE



White House/Pete Souza

Is Obama Too Thoughtful to Be President?

The presidency is not what it seems or what we (and the president) wish it were.

Posted on Aug 22, 2014 READ MORE


John Oliver on Why You Should Resort to ‘Anything Else’ Before Taking Out a Payday Loan

Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs.

Posted on Aug 12, 2014 READ MORE


California Income Chasm

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Posted on Aug 11, 2014 READ MORE



The Rebirth of Stakeholder Capitalism?

We’re all stakeholders in the American economy, and many stakeholders have done miserably.

Posted on Aug 11, 2014 READ MORE



How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.

Posted on Aug 9, 2014 READ MORE



pio3 / Shutterstock.com

Juking the Job Stats

A decade ago, as the United States hemorrhaged manufacturing jobs, the federal government considered reclassifying fast food as a manufacturing industry.

Posted on Aug 8, 2014 READ MORE



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What ‘War on Whites’?

If there really were a “war on whites,” as a Republican congressman from Alabama ludicrously claims, it wouldn’t be going very well for the anti-white side.

Posted on Aug 8, 2014 READ MORE


Banks

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Posted on Aug 8, 2014 READ MORE



The Disconnect Between Workers’ Pay and Social Worth

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Posted on Aug 4, 2014 READ MORE



Lobbyists Bidding to Block Government Regs Set Sights on Secretive White House Office

When Washington lobbyists fail to derail regulations proposed by federal agencies, they often find a receptive ear within the Office of Information and Regulatory Affairs, an arm of the White House Office of Management and Budget that conducts much of its business in secret.

Posted on Aug 2, 2014 READ MORE



And Now for a Little Good News About the Economy

The Federal Reserve released some positive news Wednesday about the state of the U.S. economy, pointing to better figures than expected in the second quarter of 2014 while registering ongoing concern about unemployment.

Posted on Jul 30, 2014 READ MORE



Obama to Congressional Foes: ‘Stop Just Hatin’ All the Time’ (Video)

Doesn’t he know that this would leave them with no purpose? President Obama, facing a House vote Wednesday to sue him for overextending his powers in pushing the Affordable Care Act through, took some shots at his opponents.

Posted on Jul 30, 2014 READ MORE



The Increasing Irrelevance of Corporate Nationality

“You shouldn’t get to call yourself an American company only when you want a handout from the American taxpayers,” President Obama said Thursday.

Posted on Jul 29, 2014 READ MORE



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Trapped in Qatar: Workers Say They Haven’t Been Paid in a Year (Video)

The rush to build up Qatar’s infrastructure ahead of the 2022 World Cup has come at an appalling human cost.

Posted on Jul 28, 2014 READ MORE



Gage Skidmore (CC-BY-SA)

Paul Ryan’s New Clothes

Paul Ryan is counting on this: Because he says he wants to preserve a safety net, speaks with concern about poor people and put out a 73-page report, many will elide over the details of the proposals he made last week in his major anti-poverty speech.

Posted on Jul 28, 2014 READ MORE


Kristen Bell Sings Revamp of Mary Poppins Tune With Minimum Wage Message

The hit “Funny or Die” video casts Kristen Bell as a fed-up Mary Poppins, quitting her “choice” nanny position in protest of earning a minimum wage that has her living below the poverty line. But the timeless Disney character has a good idea about what will make her stay.

Posted on Jul 26, 2014 READ MORE



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Kansas Experiment Blows Up Laboratory of Democracy

When Louis Brandeis wrote in 1932 that a “single courageous state may, if its citizens choose, serve as a laboratory,” he surely wasn’t imagining anything quite like Brownbackistan.

Posted on Jul 25, 2014 READ MORE



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Under Water: The EPA’s Struggle to Combat Pollution

For years, the U.S. Environmental Protection Agency has been frustrated in its efforts to pursue hundreds of cases of water pollution — repeatedly tied up in legal fights about exactly what bodies of water it has the authority to monitor and protect.

Posted on Jul 24, 2014 READ MORE



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2.2 Billion People Are Poor

According to a new United Nations report, almost one-third of all humans are living in poverty, or very close to it. But there’s something else that should alarm us.

Posted on Jul 23, 2014 READ MORE



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Unpaid Interns Can Collect Back Pay Without Hurting Their Careers

After a year scrutinizing the intern economy, ProPublica’s internship investigation is coming to an end. But before signing off, we wanted to do our own end-of-semester review.

Posted on Jul 23, 2014 READ MORE


Income Inequality

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Posted on Jul 21, 2014 READ MORE



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A Local Fight for the Future of the Internet

The front line in this fight is Chattanooga, Tenn., where officials at the city’s public electric utility, EPB, realized that smart-grid energy infrastructure could also provide consumers super-fast Internet speeds at competitive prices.

Posted on Jul 18, 2014 READ MORE


Climate Deniers, All Washed Up

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Posted on Jul 17, 2014 READ MORE


Atlantic City

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Posted on Jul 16, 2014 READ MORE



The Rise of the Nonworking Rich

The real nonworkers are the wealthy who inherit their fortunes. And their ranks are growing.

Posted on Jul 16, 2014 READ MORE



AP/Damian Dovarganes

‘Sons of Wichita’: An Unauthorized Examination of the Koch Dynasty

Until the run-up to the 2010 congressional elections, Daniel Schulman—like much of America—had barely heard of Charles and David Koch, billionaire industrialists who were primary backers of the tea party and were determined to take down President Obama.

Posted on Jul 15, 2014 READ MORE



Radu Bercan / Shutterstock.com

Citigroup: The Original Gangsta

The prototypical too-big-to-fail bank will pay $7 billion in fines, a move that will avoid a humiliating trial dealing with its role in the financial meltdown.

Posted on Jul 14, 2014 READ MORE


John Oliver Puts His Finger on the Reason Income Inequality Is So Prevalent in the U.S.

“Just because politicians can’t talk about income inequality,” the “Last Week Tonight” host starts on one of his characteristic rants, “doesn’t mean we shouldn’t.”

Posted on Jul 14, 2014 READ MORE



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Our Progressive Constitution

Many kinds of conservatives contend that everything they believe is thoroughly consistent with the views and intentions of our 18th-century founders.

Posted on Jul 7, 2014 READ MORE


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