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Milton Friedman's free-market faith produced a bastardized system of
interest-group politics that favors sectors of citizens at the expense
of many others.

Although the United States itches to do away with Hugo Chávez, his socialist
policies are alleviating poverty and earning the people's trust. To
Bush's chagrin, the Venezuelan leader is here to stay.

Nobel Peace Prize winner Muhammad Yunus has helped a lot of poor women, but
the basic problem in developing countries is landlessness. A $130
microloan won't solve that problem.

The Swedish Academy bestowed this year's Nobel Peace Prize to Muhammad Yunus, the father of microcredit. It's easy to believe Yunus's low-interest loans to the poor are a silver bullet against global economic injustice. But it's not that simple.

As election day approaches, don't expect a reasoned discussion of
economic policy between the two parties. A barrage of
quips and one-liners have taken the place of detail and fact in
political debate.

Every person on this year's Forbes 400 list of America's richest people is a billionaire, who collectively possess about $1.25 trillion. Imagine how many Congressmen that will buy.

As China's economy surges forward, so does the pileup of social
contradictions: pollution, migration, crime and family dysfunction.

Before the storm, neoliberalism shaped the social and economic
inequities of New Orleans; after Hurricane Katrina, it worsened them
by making government the tool of corporations and investors.

Unless something changes soon, New Orleans will prove to be a glimpse
of a dystopic future, a future of disaster apartheid in which the
wealthy are saved and everyone else is left behind.

What does it mean to be from a place? In Monica Ali's new novel, Alentejo Blue, the collision of locals, expatriates and tourists shatters any simple answers to the question.

Blogs

The government just sold off the once-controversial land. Here's what they should have done with it instead.

February 27, 2015

Fifteen former students of the for-profit Corinthian college chain are launching a debt strike to allow other debtors to do just that. 

February 23, 2015

We don’t tell students with subsidized loans what to major in, but we like to tell people on food stamps what they should buy.

February 18, 2015

In states from South Dakota to Oklahoma, right-wing representatives are pulling every string to try to keep the poor down.

February 18, 2015

We’ve reformed the social safety net at the cost of human lives.

February 17, 2015

The Syriza coalition is not just pushing for a better deal—it is saying no to a self-destructive game.

February 12, 2015

If he doesn't read the writing on the bank notes, the president will be remembered as “Wrong-Way Obama.”

February 9, 2015

To strengthen corporate dominance, Washington steadily undermined democracy, encouraged exploitation and nourished anti-union violence in the south.

February 6, 2015

Activists in Fort Lauderdale have just filed a lawsuit alleging that the city’s ban on providing food to the homeless violates the First Amendment.

February 2, 2015

Irish activists fighting a plan to increase the cost of water have an unlikely ally in their corner: the Detroit Water Brigade.

January 29, 2015