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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

A Dickensian year when food stamps were cut and bankers got everything they wanted

December 24, 2014

Out of the Senate debate over another sellout to the big banks comes the clarion call for a new populist politics.

December 14, 2014

Along with hobbling Dodd-Frank, the so-called “Cromnibus” assaults a number of important priorities.

December 12, 2014

But opposition among Democrats is growing.

December 10, 2014

Graduating from protesters to politicians, Chile’s student leaders achieved the legislative wins that have eluded their Occupy counterparts.

December 10, 2014

Water privatization could soon be the next front in the austerity wars.

December 8, 2014

The senator has a twelve-point plan for getting the debate, and perhaps the movement, started.

December 3, 2014

How do we calculate the uncompensated labor of Mexican and Central American migrants?

December 1, 2014

Nancy Teeters, who passed away last week, was the lone dissenter as Volcker’s Federal Reserve tore apart the country’s social fabric.

November 24, 2014

Progressive senators are objecting to Obama’s latest Wall Street nominee.

November 24, 2014