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
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
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
The death of a worker who was trampled at a Wal-Mart store in Long Island is being blamed on the crowds, but that lets the rightful target off the hook. December 5, 2008
Government statistics show a spike in the number of people going hungry in the U.S., but experts say that far worse is still to come. November 26, 2008
The fall in prices for gas and food may seem like a silver lining in dark economic times--but it could be an omen of a much deeper recession. November 24, 2008
The Group of 20 emergency meeting on the global economic crisis hosted by George Bush was notable for how little of substance it accomplished. November 18, 2008
The $700 billion bailout of Wall Street was supposed to boost the economy, but it's become a giveway to big business, while the economy keeps sinking. November 13, 2008
The U.S. economy is slipping deeper into the worst crisis since the Great Depression--and the rest of the world is tumbling down after it. November 3, 2008
Jobs are getting hard to hold onto--and even harder to find--as major corporations and governments alike aggressively slash their payrolls. October 29, 2008
The right claims that working-class African Americans and immigrants are to blame for the housing crash that has triggered a financial panic. October 21, 2008
As the economy worsens and the government carries out an unprecedented intervention, working people are rightly worried about the future. October 17, 2008
Some right-wingers say the government's plan to buy into major U.S. banks is the latest sign of "creeping socialism." They've got it wrong. October 15, 2008
Workers are finding that they will have to stay on the job years longer because the crashing stock market is stealing their retirement savings. October 14, 2008
The heads of the Group of Seven industrialized nations promised to cooperate to contain the financial crisis--but then embarked on rival national strategies. October 13, 2008
Wall Street's worst-ever week was part of a global stock market meltdown that could signal a far more devastating stage of the financial crisis. October 11, 2008
The financial disaster shaking the world today is the result of a free-market system that protects the wealth of a few, while the rest of us pay the price. October 10, 2008
The bankers in Chicago are angry with--of all people--the county sheriff, who is refusing to forcibly remove residents from foreclosed properties. October 10, 2008
