Economy

  • An examination of the 10 richest Americans reveals a rogue's gallery of serial polluters, budget-slashers, CIA contractors, union-busters and right-wing nuts. June 5, 2009

  • Anything that once provided an illusion of safety for autoworkers is vanishing--so we either we rise up together, or no one walks away with a living wage. May 22, 2009

  • The Obama administration announced the results of its "stress tests" of big banks--but there were plenty of problems with the triumphant conclusions. May 11, 2009

  • The pressure is on the Obama administration to make its plans for economic recovery work--but the deeper question is: Work for who? April 8, 2009

  • When the government demands more concessions from GM and Chrysler, we all know where the cuts will come from. April 2, 2009

  • The Group of 20 meeting of the world's biggest economic powers in London was a failure even before it began. April 1, 2009

  • Among the 1,000 people who stood in line for jobs at a new Chicago hotel, there were countless stories about how workers are taking the brunt of the crisis. March 30, 2009

  • Those executive bonuses aren't the biggest scandal at AIG--the company has quietly become a vehicle for siphoning taxpayer dollars to the biggest banks. March 27, 2009

  • They crashed the Wall Street casino with their reckless gambling, but that isn't stopping the titans of high finance from awarding themselves huge bonuses. March 18, 2009

  • The World Bank and International Monetary Fund are using the international economic crisis to return to the limelight. March 13, 2009

  • The great American jobs wipeout continues with no end in sight, as the financial meltdown continues and the entire world economy unravels. March 10, 2009

  • The administration's $275 billion program to deal with foreclosures is a departure from the do-nothing Bush approach--but it falls short of what's needed. March 6, 2009

  • Arnold Schwarzenegger's state budget will be a crippling blow to working people--at the same time as it diligently protects the interests of the rich. February 24, 2009

  • U.S. automakers are using government loans as a pretext to eliminate retiree health care costs and pensions--and the UAW is letting them. February 23, 2009

  • The Obama administration is proposing a new phase in the Wall Street bailout that would transfer yet more billions into the pockets of rich financiers. February 11, 2009

  • Despite Barack Obama's criticism of NAFTA on the campaign trail, his administration is seeking to maintain and expand such free-trade deals. February 5, 2009

  • For a growing number of people faced with rising tuition and loans drying up, the grim answer to that question is: "Not anymore." February 2, 2009

  • A host of major U.S. corporations, including Home Depot, Caterpillar and Sprint, announced big jobs cuts this week--75,000 in one day alone. January 30, 2009

  • The scale of Bernie Madoff's $50 billion fraud is staggering, but that shouldn't be allowed to obscure the bigger crimes at the heart of the capitalist system. January 27, 2009

  • Citigroup and Bank of America are staggering under a new wave of losses as the deepening recession drags down the financial system. January 23, 2009

  • The payday loan industry has mushroomed by preying on workers whose shrinking real wages fail to cover rent and put food on the table. January 22, 2009

  • Barack Obama's proposed economic stimulus plan is hundreds of billions of dollars short of what's needed--and much of it is misdirected. January 13, 2009

  • SocialistWorker.org looks at who Barack Obama put in charge of economic policy--and what to look for when the administration gets in office. December 16, 2008

  • Congressional leaders say their auto bailout is tough on Big Three executives, but autoworkers, not management, will suffer far more. December 9, 2008

  • There's no shortage of people to blame for the worsening economic disaster. But the scale of the crisis raises questions about the capitalist system itself. December 5, 2008