Category Archives: Economics

Global Corporations Aren’t American People, My Friend

BIG BUSINESS HAS BECOME DISCONNECTED FROM THE WELL-BEING OF MOST AMERICANS By Robert Reich/robertreich.org/ July 18, 2012 President Obama is slamming Mitt Romney for heading companies that were “pioneers in outsourcing U.S. jobs,” while Romney is accusing Obama of being … Continue reading →

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Deeper in Debt

The New Company Store: The Final Step in the Corporate Takeover of America By John Atcheson/ Common Dreams/ July 11, 2012 Well, here we are, slouching toward another national garage sale in which corporations bid on and buy candidates the … Continue reading →

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Crony Capitalism

If you missed this PBS episode from January 20, 2012,, it is well worth a look. Bill Moyers & Company explores “Crony Capitalism,” i.e. what’s remains of what we used to call capitalism and democracy. David Stockman, former budget director … Continue reading →

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The Price of Cheap

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THOSE WHO FAIL TO LEARN FROM HISTORY….

Weimar America: Four Major Ways We’re Following In Germany’s Fascist Footsteps What happens when a mature industrial nation turns its back on democracy and lets its right-wing elite destroy the middle class? We’ve seen this movie before. By Robert Cruickshank/ … Continue reading →

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Exporting Democracy–American Style

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The Light At the End of This Economic Tunnel Is a Train

In an interview with AlterNet, economist Joseph Stiglitz points to a dismal future for this country if we continue the current path of widening economic inequality. Deregulation, government downsizing, and an unfair tax system is making things worse. The middle … Continue reading →

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The Robin Hood Tax

Professor Richard D. Wolff explains how a tiny “Robin Hood” or transaction tax on financial trades can raise enormous revenue for governments.  Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst where he taught economics from 1973 … Continue reading →

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Making the World a Better Place

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Consumer Capitalism Wins Again

Twenty years after the first substantive Earth Summit in Rio de Janeiro in 1992, representatives from more than 190 countries met again. Hopes were high, but unlike the first one, the 2012 Summit was mostly window dressing. President Obama, Prime … Continue reading →

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