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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

Protesters on both sides of the border are revolting against the same transnational policing and trade policies. 

April 28, 2015

Two leading Senate Democrats blasted the Obama administration for arm-twisting on TPP. 

April 23, 2015

Why that’s a big win for the poor, people of color, and economic justice in general.

April 20, 2015

This is the time to break with Obama, and her own past, by siding with labor, environmentalists, human rights activists.

April 17, 2015

Members of the Senate Finance Committee found themselves in a fast-track hearing without knowing it.

April 16, 2015

She just provided a blueprint for how Democrats should attack continued financial reform.

April 16, 2015

Yesterday’s strikers ranged from retail and fast food workers to adjuncts and caregivers—all those ousted from the 1 percent economy.

April 16, 2015

As trade legislation finally proceeds to a vote, a top Democrat announced he cannot support fast-track authority.

April 14, 2015

More education helps an individual woman earn better, but it doesn’t erase the gender wage gap.

April 14, 2015

"The rush of modern civilization itself has raised for us new difficulties, new problems which must be solved..."

April 14, 2015