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Among the superrich, there's a growing desire to freeze themselves and
their bank accounts in hopes of rising again. Talk about Groundhog Day.

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.

Blogs

An increasingly technologized world makes life easier… for some people, anyway.

September 29, 2014

The de Blasio administration unveils an ambitious plan: reduce emissions and inequality at the same time.

September 24, 2014

A remarkable democratic debate over independence has forced an admission that austerity is a vital, perhaps definitive, issue.

September 17, 2014

Backed by US development aid, the Ethiopian government is seizing land, demolishing homes and cracking down on activists in a bid to expand its capital city.

September 12, 2014

There’s no evidence that credit reports reveal an applicant’s competence but plenty of evidence that shows they invade privacy and institutionalize discrimination.

September 12, 2014

The senator’s safe homage to the American Dream illustrates his close relationship with the billionaire Koch brothers.

September 4, 2014

Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?

September 4, 2014

After decades of investment in federal job training initiatives, it’s still difficult to see how much these programs are actually helping workers. 

August 25, 2014

The stunning figure represents roughly a quarter of households of military members on active duty, the Reserves or the National Guard. 

August 22, 2014

Ryan is asking the poor to be more flexible in being oppressed.

August 15, 2014