Economy

  • The crisis that won't end

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

  • The fall of the house of Enron

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

  • The corporate bankruptcy scam

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

  • From euro crisis to world crisis

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

  • Financial meltdown: The sequel

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

  • Why Karl Marx was right

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

  • The $16 trillion bailout

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

  • Exploiting the unemployed

    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.

  • The left-out and left-behind economy

    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.

  • No unemployed need apply

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

  • The markets crack the whip

    The choice of the people in the polling booths counts for nothing against the dictates of the financial markets.

  • What's causing the market mayhem?

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

  • Saving the euro at workers' expense

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

  • The jobs meltdown

    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.

  • The profit guzzlers

    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.

  • The non-recovering recovery

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

  • The super-rich 1 percent

    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.

  • Did the bankers buy off an investigation?

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

  • Several doctrines for the same shock

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

  • Capitalism's global slump

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

  • Wishing won't make it so

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

  • For an end to the debt crisis

    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.

  • Blame the wars, not China

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

  • The cuts they won't consider

    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?

  • The few, the proud, the filthy rich

    "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.