Just three years ago, President Obama was an unapologetic Keynesian. Now, he's jumped on the deficit hysteria bandwagon.
In the United States, the richest 400 people own more collective wealth than the bottom 150 million. As Alperovitz puts it, this is quite literally medieval.
The UK rioters know full well that their elites are looters too.
Why did Standard & Poor's take the seemingly radical step of downgrading the US government's credit rating, and how do ratings agencies wield such power in the first place?
Obama must stop searching for common ground—and start defining higher ground.
Is America finally learning that extreme inequality isn't just bad for those at the bottom—it’s ruinous for those on top, too?
When Congress, the president and the media run roughshod over popular will and citizen action, small-d democracy pays the price.
Deficit hawks argue that excessive government spending drives the US's debt woes. They're wrong.
The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years.
The only way to provide for a growing populace in need of a larger infrastructure is by raising the debt ceiling.