Economy

  • Despite some recent improvements, the U.S. and world economy are still in deep trouble, with the possibility of another lurch into recession. January 31, 2012

  • The scandal that took down energy giant Enron 10 years ago exposed the lie of the free-market "miracle" of the 1990s. January 6, 2012

  • Bankruptcy may be a disaster for the 99 percent, but it can be a wondrous thing for million-dollar corporations. January 3, 2012

  • The looming threat that Europe's common currency will fall apart is more evidence that the financial crisis of 2008 never really went away. October 4, 2011

  • Austerity measures around the globe represent political crimes of equal, if not greater, magnitude than Watergate. September 26, 2011

  • When mainstream economists start citing capitalism's greatest critic, you know the crisis of the free market is severe. September 13, 2011

  • While Washington debates how deep budget cuts should go, the banks are still pocketing huge amounts of taxpayer cash. September 7, 2011

  • Unemployment doesn't just affect workers without jobs--it's being used to push down the living standards of the entire U.S. working class. September 6, 2011

  • The plague of unemployment that took hold during the Great Recession is still upending the lives of millions of U.S. workers--with no end in sight. September 2, 2011

  • No, it's not a typo: Significant numbers of employers are openly discriminating against job seekers because...they need a job. August 30, 2011

  • The choice of the people in the polling booths counts for nothing against the dictates of the financial markets. August 12, 2011

  • Panic has returned to international stock markets because of the fears of new financial crises--and the threat of a slump back into recession. August 11, 2011

  • The euro has been pulled back from the brink of collapse--but only because working people in Greece and other European countries will suffer. July 28, 2011

  • Two years after the official start of an economic "recovery," the latest government report on jobs shows things are as bad as ever for the unemployed. July 11, 2011

  • Skyrocketing gas prices are hitting working people hard--but that's good news for the oil companies and financial speculators who profit at our expense. May 10, 2011

  • The strut of confidence is gone, and the jitters are back after a flurry of dreadful economic statistics at the end of April. May 9, 2011

  • While many forms of discrimination have been put behind us, fear and anxiety still stalks one of America's last despised minorities--the top 1 percent. April 28, 2011

  • When it comes to investigating the "robo-signing" scandal, Tom Miller is proving to be less than a crusader. April 28, 2011

  • The policy of governments in industrialized countries is now crystal clear: make their own citizens foot the bill for the crisis. April 25, 2011

  • David McNally's new book Global Slump explains the roots and nature of a new epoch of economic crisis, austerity and working-class resistance. March 7, 2011

  • In contrast to the happy talk about economic recovery in the business press, slumping home prices and stagnating employment tell another story. January 18, 2011

  • The president of the Committee for the Abolition of Third World Debt looks at the global debt crisis--and how some smaller nations are refusing to pay. January 4, 2011

  • Don't believe the growing chorus that blames China--the U.S. government deficit problem has one source: addiction to war and empire. December 16, 2010

  • Instead of making working people pay the price for reducing the federal deficit, how about raising taxes on the rich and cutting the Pentagon budget? December 13, 2010

  • "Got it, flaunt it" is the rule again for the super-rich after a few difficult years--and yet the wealthy are acting like they are the persecuted ones. December 10, 2010