Economy

  • How the ruling class rules

    The Panama Papers offer a glimpse into the methods used by the rich to maintain their wealth and power over the rest of us.

  • Capital crimes from Panama to Delaware

    The shadowy world of tax shelters and shell corporations stretches to the U.S.--and most of it is perfectly legal, despite the deadly consequences.

  • A casino where the rest of us lose

    The success of the movie The Big Short has focused attention on Michael Lewis' book and its explanation of Wall Street's crimes.

  • The ugly secret hidden behind Seattle's boom

    Growing prosperity for some in Seattle has come at the expense of desperation for others, including a state of emergency around homelessness.

  • Can the U.S. escape the slump?

    Unemployment is at its lowest level since the Great Recession struck, but that doesn't mean the U.S. is immune to the global slowdown.

  • The economic crisis and political polarization

    Almost a decade after the Great Recession, the world economy remains in a weakened state, and that has fed political instability.

  • What you need to know about the oil price war

    The impact of falling demand and increasing supply is driving the price of oil down far and fast--with devastating and unlooked-for consequences.

  • The rise of the 0.0001 percent

    Forget about the 1 Percent for a minute--let’s look at the filthiest of the filthy rich and see how they get their wealth.

  • The reign of the Bankocracy goes on

    While workers pay the price for the last crisis caused by the 1 Percent, governments are doing nothing to stop the next one.

  • The feel-lousy economy

    The government's official statistics show that the U.S. economy is performing decently. So why does it feel like it's all bad news to workers?

  • VW chose profit over the planet

    Volkswagen got caught--but it's not the first and won't be the last corporation to pursue profit with a sociopathic intensity.

  • From a weak recovery to a new recession?

    Working people were already left behind in the U.S. economic recovery--but conditions may be headed from bad to worse.

  • What's driving the world toward a new slump?

    From Europe to China to the U.S., the problems in the world economy today are rooted in the capitalist system itself.

  • Are we headed for another crash?

    The turmoil on international stock markets is a warning sign that the world economy is headed for trouble--and the U.S. economy isn't immune.

  • Capitalism is a waste

    The celebrated pursuit of economic "efficiency" may make sense for capitalists--but it's entirely irrational for the rest of us.

  • When Greece-style austerity spreads West

    From Puerto Rico to Illinois and beyond, looming debt crises are being exploited as a justification to shred an already threadbare welfare state.

  • The barely-getting-by economy

    Six years into a supposed economic recovery, almost half of the people in the world's richest country couldn't handle a $400 emergency expense.

  • Class, capitalism and the tech industry

    The tech industry has constructed a series of myths that obscure the realities of class power, exploitation and oppression.

  • The greatest heist in history

    The growing gap between the rich and the rest of us isn't being caused by some mysterious market force, but an old-fashioned one: theft.

  • Winners and losers in the global oil crash

    A drastic fall in oil prices is shaking up the national economies of petro-states and reshaping economic and political rivalries.

  • Profits come before patriotism

    Barack Obama has discovered that U.S. multinationals pledge allegiance to their bottom line, not the good old U.S.A.

  • What does tech mean for the left?

    It's important to take stock of the growing digital workforce and what it means for Marxist theory and socialist practice.

  • Neoliberal monstrosities

    The proliferation of monster types in popular culture speaks to deep-seated anxieties about the ways capitalism degrades us.

  • Global slump and the new normal

    Seven years of economic crisis has created a new normal: extreme social inequality coexisting with a stagnant global system.

  • A tale of two paychecks

    For Pam Davis, working at Walmart meant always worrying about the next bill. For Rob Walton, owning Walmart means never worrying about anything.