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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.

The former Treasury Secretary speaks candidly on the inherent
inequities of globalization and the political, social and economic
challenges that lie ahead.

Is Former Treasury Secretary Robert Rubin's new "conceptual
framework" of economic reform an acknowledgment of neoliberalism's
failures or simply a repackaged version of Clintonomics?

Back in Washington's day, Congress printed money to fight the Revolutionary War without collecting taxes to back it up--and paid the price in inflation: History repeats itself today.

At a memorial service for John Kenneth Galbraith at Harvard University's Memorial Church, economist and biographer Richard Parker eulogized an extraordinary man.

The relentless reduction of taxes on the wealthy has created a profound inequality between the very rich and the bottom half of American society, affecting every aspect of daily life.

Blogs

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

Workers’ willingness to take direct action could stem from a recognition that the golden era of Chinese manufacturing is on the wane.

April 9, 2015