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Luke Bowerman

That’s All, Folks

Lest some colleague accuse me of burying the lede, here it is up front: I’m leaving Truthdig.

Posted on Mar 1, 2015 READ MORE



Survey: More Than 60% of Germans Believe Capitalism, Democracy Are Mutually Exclusive

It’s been 25 years and change since the Berlin Wall came down, but as it turns out, many Germans now aren’t so big on the whole capitalism thing.

Posted on Feb 24, 2015 READ MORE



Why We’re All Becoming Independent Contractors

The rise of “independent contractors” is the most significant legal trend in the American workforce—contributing directly to low pay, irregular hours and job insecurity.

Posted on Feb 23, 2015 READ MORE



Can the Greek Tragedy Be Rewritten?

The world is watching to see if the anti-austerity party Syriza can turn things around for Greece. Success may inspire hope in the economically desperate across the globe—and fear among the elites.

Posted on Feb 19, 2015 READ MORE



From ‘Demos’ to ‘Podemos’: Popular Uprisings in Greece and Spain

Like Greece, Spain has been wracked by the global recession and could soon elect an anti-austerity government.

Posted on Feb 18, 2015 READ MORE



Kostas Koutsaftikis / Shutterstock.com

The Pro-Workers, Pro-Growth Experiment in Greece Is Under Threat

While the wealthiest 85 individuals on the planet own more wealth than the bottom half of the world’s population—and when the top 1 percent will soon own more wealth than the bottom 99 percent—the people of Greece and the anti-austerity party, Syriza, they elected to lead them are struggling to rebuild their economy so that ordinary people there can live with a shred of dignity and security.

Posted on Feb 18, 2015 READ MORE



How Trade Deals Boost the Top 1 Percent and Bust the Rest

I used to believe in trade agreements. That was before the wages of most Americans stagnated and a relative few at the top captured just about all the economic gains.

Posted on Feb 17, 2015 READ MORE



How Did Wall Street Enemy No. 1 Get a Banker to Applaud? (Video)

Sen. Elizabeth Warren’s passionate speeches can win over almost anyone—including bankers, it seems.

Posted on Feb 14, 2015 READ MORE



Do Workers Truly Get What They’re Worth in the Market?

My recent column about the growth of on-demand jobs like Uber making life less predictable and secure for workers unleashed a small barrage of criticism from some who contend that workers get what they’re worth in the market.

Posted on Feb 10, 2015 READ MORE


Economic Growth

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Posted on Feb 9, 2015 READ MORE



AP/Esteban Felix

In the Race to Replace Panama, a Canal Tears Nicaragua Apart

The government says the transoceanic canal will be good for the economy, but foes warn of pollution and displacement.

Posted on Feb 7, 2015 READ MORE



Shutterstock

Why Is Huge Trade Deal Being Kept Secret?

The trade rules of the proposed Trans-Pacific Partnership between the United States and 11 Asian nations would cover nearly 40 percent of the world economy—but don’t ask what they are. Access to the text of the proposed deal is highly restricted.

Posted on Feb 7, 2015 READ MORE



Gage Skidmore (CC-BY-SA)

Budget Battle: ‘Envy’ vs. ‘Greed’

Rep. Paul Ryan is not above name-calling, and he insists that President Obama’s budget is the product of “envy economics.”

Posted on Feb 4, 2015 READ MORE


Modern Politicians Bewilder Us Into Submission by Treating Reality Like Conceptual Art

From Putin’s Russia to Cameron’s United Kingdom to Obama’s United States, information has become increasingly baffling and contradictory—which helps if you’re an oligarch trying to rob the public blind.

Posted on Feb 4, 2015 READ MORE



Lung Cancer Tops List of Cancers That Kill Women in Well-Off Countries

Here’s a sad bit of irony from the health news department: The type of cancer that’s killing the majority of women in so-called developed nations can be quite preventable in some cases—and it can come down to a matter of personal choice.

Posted on Feb 4, 2015 READ MORE



Austerity’s Greek Death Toll: Study Connects Strict Measures to Rise in Suicides

The harsh economic policies implemented in Greece and other countries in recent years have been shown to have a detrimental effect on mental health and well-being.

Posted on Feb 4, 2015 READ MORE



We’re Barreling Toward a Robot-Based Economy Where All Profits Go to the Robots’ Owners

How would you like to live in an economy in which robots do everything that can be predictably programmed in advance and almost all profits go to the robots’ owners?

Posted on Feb 3, 2015 READ MORE



Thousands of Croatia’s Poorest Citizens Just Had Their Debts Wiped Out

A program called “fresh start” began Monday in Croatia and it’s as incredible as it sounds.

Posted on Feb 2, 2015 READ MORE



Destructive Effects of El Niño and La Niña Could Intensify

International scientists say global warming could double the frequency of the extreme La Niña weather phenomenon that triggers floods and hurricanes.

Posted on Feb 1, 2015 READ MORE



After Months of Protests, Mexican Government Declares 43 Missing Students Dead

Mexican authorities have finally said what happened to the college students from Ayotzinapa who disappeared last September, an incident that sparked months of outrage throughout the country.

Posted on Jan 28, 2015 READ MORE



Does Lack of Empathy for the Poor Make You a Sociopath?

In a scathingly sardonic (and somewhat humorous) column for The Guardian, Lucy Mangan explains why those in the political class, and anyone else who has trouble understanding poverty, are despicable human beings.

Posted on Jan 28, 2015 READ MORE



360b / Shutterstock.com

Enough of Germany’s Tyrannical Austerity

Years of trudging through an economic slough of despond, guarded by German warders, have left the states of the European Union’s south near to despair.

Posted on Jan 27, 2015 READ MORE


Russell Brand on the ‘Greek Revolution Against Corruption’ and the Fall of Capitalism

The host of the YouTube series “The Trews” takes a look at Syriza’s victory in Greece’s recent elections and considers whether capitalism has “finally crumbled.”

Posted on Jan 27, 2015 READ MORE



Put a Name to the 80 People Who Own Half of the World’s Wealth

Some of the names on this list of the über rich will seem familiar while others may come as a surprise.

Posted on Jan 27, 2015 READ MORE



The Middle Class Can’t Be Saved Unless Wall Street Is Tamed

Do we really need reminding about what happened six years ago?

Posted on Jan 27, 2015 READ MORE



AP/Petros Giannakouris

A 21st Century Left Rises: Syriza’s Victory and Its Relevance for the U.S. and the World

A question looms large in the wake of the Greek elections: Can democracy defeat the rule of the 1 percent?

Posted on Jan 27, 2015 READ MORE


1 Want More

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Posted on Jan 26, 2015 READ MORE



Imagine Something Different

“Imagine if we did something different.” Those were just six words out of close to 7,000 that President Barack Obama spoke during his State of the Union address.

Posted on Jan 21, 2015 READ MORE



Climate’s Threat to Wheat Is Rising by Degrees

Worldwide field trials show that just one degree of warming could slash wheat yields by 42 million tonnes and cause devastating shortages of this vital staple food.

Posted on Jan 19, 2015 READ MORE


The Super Rich Own Half the World

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Posted on Jan 19, 2015 READ MORE



The World’s 1 Percent Will Own More Than the Other 99 Percent Combined by 2016

Can we please stop calling it the “wealth gap”? The figures Oxfam recently reported on global inequality can only be described as a growing abyss between the world’s über-rich and the rest of us.

Posted on Jan 19, 2015 READ MORE



Are Conservatives Actually Becoming More Compassionate?

Jeb Bush and Mitt Romney are zeroing in on inequality as America’s fundamental economic problem.

Posted on Jan 19, 2015 READ MORE



Why Martin Luther King Jr. Would Support Obama’s Tax on the Super-Rich

In one of his last speeches, at Grosse Point, MI., the Rev. Martin Luther King, Jr., laid out his next campaign, the one he died pursuing. It was not about civil rights for minorities but economic rights for “the other America.”

Posted on Jan 19, 2015 READ MORE



SOTU Preview: Obama to Pitch Plan to Raise Taxes on the Wealthy

President Obama appears as though he’s not about to take the whole lame-duck thing (not to mention the Republican-lockdown-on-Congress thing) sitting down, given his outline for Tuesday’s State of the Union address.

Posted on Jan 18, 2015 READ MORE



mdgn / Shutterstock.com

MLK’s Call for Economic Justice

The Rev. Martin Luther King Jr.’s economic message was fiery and radical. To our society’s great shame, it has also proved timeless.

Posted on Jan 16, 2015 READ MORE



The World We are Shaping Is Feeling the Strain

The world risks being destabilised by human activity, scientists report, most of it the work of a wealthy minority of us.

Posted on Jan 16, 2015 READ MORE


Obamaville

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Posted on Jan 14, 2015 READ MORE



Charlotte Purdy / Shutterstock.com

The Deja Vu Election

I don’t believe the nation is eager to see the 2016 presidential race devolve into a contest of attrition among the tired, the shopworn, the unviable and the famously surnamed. For the moment, however, this is the direction in which history appears to be trudging.

Posted on Jan 12, 2015 READ MORE



Shutterstock

Fight for Our Progressive Vision

Poll after poll shows that the American people support a progressive agenda that is not shared by the corporate media personalities who dominate the airwaves.

Posted on Dec 30, 2014 READ MORE



Shutterstock

Economic Facts Get in the Way of Presidential Ambitions

Uh-oh. Now that the economy is doing well, what are Republicans—especially those running for president—going to complain about?

Posted on Dec 29, 2014 READ MORE



The Failure of Republican Economics

Dynamic scoring is the magical-mystery math Republicans have been pushing since they came up with supply-side “trickle-down” economics.

Posted on Dec 29, 2014 READ MORE



Is Universal Health Care Too Radical for Americans?

Although the country’s views have progressed in terms of gay rights and race, universal health care isn’t something Americans can get used to; a company in Japan offers people weddings to themselves; meanwhile, a confession by former officer Darren Wilson’s prosecutor may be cause to reopen the Ferguson case. These discoveries and more after the jump.

Posted on Dec 27, 2014 READ MORE



Bankers Brought Rating Agencies ‘To Their Knees’ On Tobacco Bonds

Wall Street pressed S&P, Moody’s and Fitch to assign more favorable credit ratings to their deals and bragged that the raters complied. Now many of the bonds are headed for default.

Posted on Dec 27, 2014 READ MORE


Secret Santa

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Posted on Dec 25, 2014 READ MORE


Xmas Shopping

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Posted on Dec 24, 2014 READ MORE



Why We Can’t Get the Government We Want and Deserve

Some believe the central political issue of our era is the size of the government. They’re wrong.

Posted on Dec 24, 2014 READ MORE



Attila JANDI / Shutterstock.com

A Win for the Cuban People

President Obama’s historic opening to Cuba is long overdue—and has a chance of hastening the Castro dictatorship’s demise.

Posted on Dec 19, 2014 READ MORE


Citigroup Democracy

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Posted on Dec 18, 2014 READ MORE



How Inside Traders Are Rigging America and Contributing to the Savage Inequalities of American Life

Major players on Wall Street have been making tons of money not because they’re particularly clever but because they happen to be in the realm where a lot of coins come their way.

Posted on Dec 18, 2014 READ MORE



a katz / Shutterstock.com

What Is Chuck Schumer Up To?

The senior senator from New York says he was surprised that nine paragraphs in a 6,600-word speech got all the attention. He shouldn’t have been.

Posted on Dec 17, 2014 READ MORE


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