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New federal guidelines for banks and credit card companies that boost minimum monthly payments have wreaked havoc on American families struggling to pay their bills and avoid bankruptcy.

American business elites in Davos for the World Economic Forum are
far more interested in global markets and corporate investors than they
are in ordinary Americans' needs.

Nicholas Kristof produces a steady stream of titillating reports on
child prostitution in the Third World. Better to focus on draconian
economic reforms driven by the World Bank that create the conditions
for prostitution.

The late socialist economist Harry Magdoff read Marx at
fifteen and never looked back. A self-educated co-editor of the
Monthly Review, he not only fought for a just and humane world;
he embodied his politics in the way he conducted his life.

It's not true that only the rich can help the poor. We must work to empower nations like
Bangladesh that are addressing the problem of hunger by creating networks of
schools, health training and micro-loans.

The election of former coca farmer Evo Morales as Bolivia's first
indigenous president appears to be an enormous victory for the left, as
yet another Latin American nation turns away from Washington-driven
economics. But will Morales be able to live up to his promise of
home-grown solutions for this cash-poor yet resource-rich nation?

The cynical restructuring plan for bankrupt Delphi Automotive calls for
massive wage and benefit givebacks for 51,000 American workers.
Governors of affected states must craft strategies to minimize loss of
jobs and income.

Interest rates nosed higher today as the Federal Reserve Board
sought to control inflation. But the impact of runaway inflation is
already being felt by workers whose wages will stagnate and whose
earning power is on a steep decline.

Marc Cooper interviews Gore Vidal about an America that is increasingly
controlled by corporations and suggests that the Gulf Coast hurricanes
and the Iraq debacle signal the breakdown of an empire.

As House Republicans use the cost of recovery from Gulf Coast storms as
an excuse to rip last-minute holes in the social safety net, it's not
too late to change priorities.

Blogs

Even though he's in the ‘cooling off’ period, Kyl is lobbying on a proposed tax overhaul.

March 10, 2014

“[It] doesn’t make any sense for us to be sending Vermont’s hard-earned tax dollars to some bank on Wall Street which couldn’t care less about Vermont or Vermonters.”

March 9, 2014

Over 100 years after the first International Women’s Day celebrations, women continue to trail behind men by every economic measure.

March 7, 2014

The kid in Ryan’s “full stomach…empty soul” CPAC speech is actually an advocate for free school lunches.

March 7, 2014

What remains to be seen is whether the IMF will use this research to develop policies that grow the economy through redistribution.

March 6, 2014

The White House’s “2014 Trade Policy Agenda” rehashes failed ideas that harm rather than help economic renewal.

March 5, 2014

IHOTFM Man reminds us of the inherent dignity of work. 

March 4, 2014

Steven Banks has been on the front lines of the battle to get New York mayors to keep their obligations to the poor. Now he’ll be the mayor’s front-man on those policies.

March 1, 2014

A new US trade representative is a former lobbyist pushing for limits on Internet freedom and draconian intellectual property policy.

February 27, 2014

The migration of highly skilled workers can pay dividends for immigrants and their employers, but it produces losers as well.

February 26, 2014