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Economy Web Research
Predators and Creators in the Future of Capitalism
5/26/2013
Geoff Mulgan:
Article
The economic crisis was a dramatic reminder that capitalism can both produce and destroy, but the crisis also presents an historic opportunity to choose a radically different future for capitalism.
A New Corporate World of Privilege and Prerogative
5/17/2013
Stanley Aronowitz:
Article
Here is an update on a famous 1950s book by C. Wright Mills called 'The Power Elite' which can help us understand corporate power today and its influence in government.
What Then Must We Do? Straight Talk about the Next American Revolution
5/13/2013
Sam Pizzigati:
Article
Gar Alperovitz in a new book envisions a steady expansion of wealth-democratizing institutions creating a prehistory for the next American revolution. Here is a realistic economic strategy!
Sequester Cuts Hurt Millions of Working Class Families
4/10/2013
Kate Randall:
Article
The economy itself suffers when government stops supporting working class families. Conservatives today want to hold back economic success for these families.
Marx’s Revenge: How Class Struggle Is Shaping the World
3/27/2013
Michael Schuman:
Article
News flash: This article on Marx was published in the business section of Time magazine! Maybe the business class is getting seriously worried about inequality.
Corporations Once Actually Paid Taxes
3/13/2013
Sam Pizzigati:
Article
The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s.
Don't Cut, Invest! Why the Obama Administration Should Support a Federal Job Guarantee Program
3/12/2013
Alan A. Aja:
Article
Without work people cannot eat, house themselves, care for their families, or contribute to the community. We should not tolerate current levels of unemployment in this country. Austerity doesn't work
Chávez is Dead, His Legacy Remains
3/11/2013
Greg Grandin:
Article
The U.S. corporate media will not admit how much the Venezuela leader did for the poor in his country and other nations in Latin America. Read this piece for the truth about Hugo Chavez.
Life is Tragic: The End of the Big Box Era
2/25/2013
James Howard Kunstler:
Article
After ruining America, the age of giant chain stores like WalMart is coming to an end. This means new opportunity. Young folks can rebuild local economies including main street and agriculture.
Capitalism is Now Seriously Damaging American Society
12/2/2012
Steve Fraser:
Article
For forty years those who believe ultimately in capitalism have had their way. Results: Cities decline, obscene inequality, families and communities destroyed.
The Wild Utopianism of Mitt Romney's High Faith in Market Fundamentalism
10/17/2012
Michael Meurer:
Article
The debt crisis narrative masks the largest ongoing financial swindle in human history.
Vulture Capitalism is How Romney Made His Money
9/1/2012
Matt Taibbi:
Article
A new form of capitalism has emerged since the 1980s which is bad for the country, for workers, for everyone. A vulture capitalist should not be president.
Sixty Faith Leaders Support Family Economic Security in Current House Deliberations
8/2/2012
Article
Faith leaders and theologians have signed a statement opposing efforts of the Republican-led House of Representatives to raise taxes on 25 million working Americans and cut taxes for the super rich.
Romney Economic Policy Same As George W. Bush
7/27/2012
Paul Waldman:
Article
The GOP has already rejected Bush II but when pressed for details Mitt Romney only repeats policies of the previous president.
The History of Debt: Slavery, Money, and the Crucial Role of Violence
5/1/2012
David Graeber:
Article
Here an anthropologist associated with the Occupy Movement discusses a very broad viewpoint on 'the economy' with implications for understanding Israel and Jesus.
Mitt Romney and Bain Capital Practice Savage Capitalism
4/30/2012
Pete Kotz:
Article
Republicans are about to nominate a presidential candidate who made millions destroying jobs and companies, preying upon the weak, demanding taxpayer money, and then bragging this is 'success'.
Debate Industrial Policy, Not Austerity
4/16/2012
Dave Johnson:
Article
A speech by Gene Sperling on government support for manufacturing is analyzed here. This is what should be discussed in the campaign to deal with deficits and unemployment.
The Predator Corporation: How It Has Come to Dominate the Economy
4/2/2012
William Lazonick:
Article
Corporations no longer serve society, they serve themselves, and are now destroying livlihoods of the people and our democracy. Here are real facts and concrete proposals to reckon with.
Why America Failed: 'They Ate Each Other'
3/9/2012
Nomi Prins:
Article
An interview with Morris Berman who tells a truth about the country most cannot disagree with but is hard to bear. Capitalism has already destroyed democracy.
Concern for Economic Justice is Based on Envy Not Fairness, says Romney
1/12/2012
Tanya Somanader:
Article
On the Today Show Mitt Romney tells Matt Lauer that Obama is against 'one nation under God' by criticizing wealth distribution and predatory financial practices. See the video here.
Beyond Capitalism and Socialism: An Exciting Model for a New Economics
12/17/2011
Gar Alperovitz:
Article
People sense there is something terribly wrong with things as they are. Decline and decadence are not inevitable. From Mondragon to Cleveland, worker cooperatives can be a community-building system.
Obama Finally Speaks Clearly about Economic Inequality
12/7/2011
Steve Benen:
Article
Obama goes to Osawatomie, Kansas, to echo themes of Teddy Roosevelt's New Nationalism speech 101 years ago.
Secret Fed Loans to Big Banks Now Exposed
11/28/2011
Bob Ivry:
Article
Here are the details of the largest bank bailout in U.S. history, which could unite folks in the Tea Party and Occupy Wall Street.
Military State Capitalism: The Wrong Jobs Program
11/17/2011
Mark Engler:
Article
Anyone who thinks of themself as a capitalist should read this article. Some capitalists today actually agree more than they know with Marxist economists.
A Movement for a Moral Economy
11/7/2011
Frances Fox Piven:
Article
A well-known sociologist discusses the war against the poor exposed now by the Occupy Wall Street movement which focuses on social justice, inequality, as the central issue of our times.
Of the 1%, by the 1%, for the 1%
10/18/2011
Joseph E. Stiglitz:
Article
Here is an article which helped create the Wall Street Occupation movement. The top one percent control 40 percent of the wealth of the nation. Incredible, obscene inequality,
We Are Not Your Human Resources
10/18/2011
David Michael Green:
Article
Young people in the Occupation movement have never experienced a society with real opportunities and a strong middle class. It's been all downhill since the 1980s.
Why People Don't Have Jobs: The Deindustrialization of America
9/27/2011
John R. MacArthur:
Article
Goodbye to Fosteria, Ohio. How so-called 'free trade' and NAFTA hurts workers and destroys American communities.
The Third Industrial Revolution: How Lateral Power is Transforming Energy, the Economy, and the World
9/26/2011
Jeremy Rifkin:
Article
Lots of good people are thinking very seriously about the future of energy/society. Here is one of the best of them, a teacher of corporate and government leaders.
Heal America. Tax Wall Street
9/1/2011
John Nichols:
Article
Wall Street caused the financial crisis, it should share responsibility for correcting it, say National Nurses United. Let's install a fair financial transaction tax!
The Gross Injustices of the Neoliberal World Order
8/6/2011
Sherry Ortner:
Article
To understand current economic realities new language is being used. Naomi Klein calls neoliberalism 'disaster capitalism'.
Misreading History: Conservative Market Ideas Would Lead to Another Great Depression
7/17/2011
Robert S. McElvaine:
Article
Marketism, or market fundamentalism, is a set of religion-like beliefs the GOP is now trying to force on Obama in the debt crisis. To learn from history you have to interpret it correctly.
Democrats Should Just Say No to Republican Extremism on Debt Ceiling
7/6/2011
Robert Borosage:
Article
Even David Brooks says Republicans are no longer a normal governing party. What they want is bad for the country, for the economy. But Democrats are giving in.
Violent Sex and Violent Economics: Worlds Collide in a Luxury Suite
5/23/2011
Rebecca Solnit:
Article
Some thoughts about Dominique Strauss-Kahn, the IMF, global injustice, a stranger on a train, and sexual exploitation.
The Institutional Foundations of Middle-Class Democracy
5/9/2011
Jacob S. Hacker:
Article
Local congregations can play a key role in political discussion about economy. Here is an excellent discussion paper for adult forums on the financial crisis and inequality.
Wal-Mart Damages the Lives of Communities and Millions of People
4/29/2011
David Moberg:
Article
Rather than democratic governance, it is Wal-Mart who sets economic rules, and its workers, communities, and tax payers pay the costs.
Students, Young and Old Workers, Salaried Professionals, and Seniors Should Oppose the Ryan Republican Budget
4/15/2011
Chuck Marr:
Article
Income inequality is now at obscene levels but the Paul Ryan budget would make it much worse. This budget is a cruel joke for America.
A Center-Right Debate in a Center-Left Nation
4/14/2011
Robert Borosage:
Article
Obama's speech on fiscal policy fails to propose what's really necessary to get the economy moving again and producing real jobs.
Market Fundamentalism has become a National State Religion
4/9/2011
David Korten:
Article
Profit-centered market fundamentalism has become a national religion perverting historic social values and claiming for itself dominance in public culture.
Koch Brothers: The Face of Corporate Irresponsibility
4/8/2011
John Aloysius Farrell:
Article
Read here about the funders of the Tea Party and who wants the EPA not to regulate greenhouse gases, one issue at stake in closing down the federal government.
Obama and Big Business
3/31/2011
Robert Scheer:
Article
GE executive Jeff Immelt becomes a part of the Obama administration. A political cartoon exclusive to this website is a comment on Obama's addiction to the very people who caused the economic crisis.
Economic Democracy for the 21st Century: A Radical Critique and New Ideas
3/26/2011
Carl Davidson:
Article
This is a review of five books on the highly successful Mondragon economic cooperative in the Basque area of Spain, a model for economic development in the U.S.
The Shock Doctrine Unleashed in Wisconsin, Michigan, and Throughout the Country
3/15/2011
Naomi Klein:
Article
For decades right-wing ideologues have exploited crises to push through an agenda that has nothing to do with resolving those crises. Wisconsin is no different.
America's Greediest: The 2010 Top Ten
12/20/2010
Sam Pizzigati:
Article
Nick Saban, Howard Schultz, Daniel Akerson, Don Blankenship, David Cote, David Tepper, Lloyd Blankfein, Mark Hurd, Larry Ellison, Andrew Clark.
Betrayed Hope: Whose Side is Obama on?
12/11/2010
James K. Galbraith:
Article
Read this excellent speech by an esteemed economist on the very dark time ahead, the realistic options for political organizing. We need to lose our fear and face the facts.
A Rational Approach to Reducing the Deficit
12/7/2010
Joseph E. Stiglitz:
Article
A Nobel laureate in Economics, without name-calling or partisan attacks, offers some actually sane policy proposals for deficit reduction, but corporations won't like it so it can't be done.
How to Manage the Destructive Cycles of Capitalism
12/5/2010
Richard D. Wolff:
Article
Since the right wing media have been attacking Obama for being a socialist many young people are becoming interested in socialism, what it means as an option beyond Paul Krugman and Keynesism..
Understanding Immigration and Inequality by the Numbers
9/22/2010
Mark Engler:
Article
Immigrant workers contribute to the expansion of the American economy and do not take jobs from native workers, according to economic studies.
An Economic Prophet Criticizes Wild Wall Street Profiteering
6/25/2010
Paul M. Barrett:
Review
Crisis Economics: A Crash Course on the Future of Finance. By Nouriel Roubini and Stephen Mihm. 353 pp. The Penguin Press. $27.95
Chinese Workers Strike: An Event of Historic Proportions
6/17/2010
Ed Knudson:
Article
Charlie Kernaghan of the National Labor Committee urges everyone to send a message to Honda management to negotiate in good faith with striking workers.
The Purpose Motive is More Important than Profit Motive for Human Being
5/30/2010
Article
An animated presentation on the results of scientific studies of human motivation reveals some surprises for those who believe traditional economic assumptions.
Crucial Economic History on Equality
5/24/2010
Article
Everyone should study the year 1910 to understand the times of our own lives 100 years later. Do we want 'the utter despoilment of the many for the benefit of a few?'
Banks are Criminals: A Lost Decade Ahead for Home Owners
5/12/2010
Mike Whitney:
Article
Mortgage companies are trying to hold on long enough for home prices to rise, but in the process are wrecking the market. Time for a National Bank.
Equality is Good for Society and Local Community
4/5/2010
Sam Pizzigati:
Article
A new report by Richard Wilkinson and Kate Pickett shows how life is better for everyone when there is more equality in the distribution of incomes.
Recent Report Demonstrates Vast Increases in Global Urban Poverty
4/5/2010
Adam Parsons:
Article
At the World Urban Forum people learned that city-dwellers will rise to 2/3rds of humanity by 2030. Vast urban slums are being created.
Monopolization: Why New Jobs are Not Being Created
3/16/2010
Barry C. Lynd:
Article
Real entrepreneurs, real scientists, real executives, real bankers, real farmers, real software engineers, real venture capitalists understand quite well how real monopoly power is used against them.
An Economic Elite is Destroying American Society
3/14/2010
David DeGraw:
Article
Here are details of the names and structures of persons in positions of power in America today, including information about the Business Roundtable.
Blinded by Ideology
3/11/2010
Paul Krugman:
Article
If there is one image which portrays the reason for the financial meltdown it is this one. Krugman talks about Alan Greenspan and Ayn Rand.
The Colonization of Consciousness: American and Global Corporate Financialism
3/1/2010
Joe Bageant:
Article
From the South, a writer sees the honest reality of life and class in the U.S., the marketplace of culture, an occupied totalitarian society, unstable capitalism, hope as magic thinking.
Joe Stack: I Have Had Enough
2/27/2010
Article
Big business exploits everyone, and big government helps them do it, says the man who flew a plane into an IRS building in Texas.
Democrats Must Wake Up to the Current Economic Emergency
1/23/2010
Bob Herbert:
Article
Democrats are in power. That they are not spending every waking hour trying to fix the broken economic system and put suffering Americans back to work is beyond pathetic.
Business under Republicans Delivers a Big Zero for the Decade
12/28/2009
Paul Krugman:
Article
Lower retirement incomes, no increase in employment, flat wages, bad accounting practices, wholesale failure of financial markets, it's been a very bad economic decade. Anyway, Happy New Year!
Cantwell is Key Figure in Reform of Finance Regulation
11/30/2009
Robert Kuttner:
Article
Read the inside story of how Summers and Geithner are resisting finanancial regulatory reform being pushed by Washington State Senator Maria Cantwell.
Corporate Killing Fields
11/3/2009
Joe Bageant:
Article
The writer finds the common in Mexico. Commodity capitalism, economic totalitarianism, gunpoint optimism are destroying society and culture and the real meaning of work.
Free Market Myths Used to Cover Up How Goverment Regulation Benefits Wealthy
10/29/2009
Dean Baker:
Article
Using copyright, patents, bankruptcy and financial regulation as examples, an economist shows how free market rhetoric obfuscates the real role of government regulation.
Entrenched Corporate Power Dominates Global Financial Meeting
10/1/2009
Mark Engler:
Article
Casino capitalism is still the order of the day after the recent G20 meeting in Pittsburgh. Obama admininstration fails to support executive pay caps.
Globalization as Farce: Criminal Class on Wall Street Relies on Military Force
9/22/2009
Chris Hedges:
Article
Protests against the G20 meeting in Pittsburgh need to expose the total failure of market-based globalization which enriches the few and impoverishes the many.
Economic Change and the Myth of Constant Growth
7/30/2009
Naomi Klein:
Article
This is a moment of possible progressive change of economic structures, but the Sarah Palin myth of unlimited environmental resources must be exposed.
'The Cause of My Life: Inside the Fight for Universal Health Care
7/22/2009
Edward M. Kennedy:
Article
This article provides background and history on health care reform by one of its most passionate proponents over the years.
Tax Debate Crucial for Working Folks and the American Future
7/21/2009
Robert Parry:
Article
'We can have democracy in this country, or we can have great wealth concentration, but we can't have both.'
Conservative Egalitarians
5/25/2009
Sam Pizzigati:
Article
A book by Benjamin Page and Lawrence Jacobs suggests Americans are ready for Class Warfare after all.
The Longer Reform is Delayed, the Bloodier the Revolution
5/20/2009
John Kay:
Article
The financial media is beginning to see that it is oligarchs and financiers, fixers and traders, who are the real cause of the current economic suffering of millions.
A New Social Mission for the Church: Labor Organizing
4/28/2009
Nancy MacLean:
Article
Might the nation’s churches, synagogues, mosques, and temples again have a role in rescuing a wayward economy? About Francis Perkins, Hilda Solis, and Kim Bono.
The Manna Story and the Sabbath Principle
4/10/2009
Peter Laarman:
Article
We should not confuse big-time criminality with small-time folly. This moral obfuscation allows the far greater misfeasance of corporate creditors to get airbrushed out of the picture.
Prophetic Disruption
4/2/2009
Ed Knudson:
Article
A justice ministry for responsible development in Tacoma, Washington, is discussed with a focus on immigant workers at a Point Ruston luxury development.
WCC Urges Global Economic Justice at the G20
4/2/2009
Article
Samuel Kobia sends a letter to Gordon Brown about the G20 meeting and proposes increased role for the United Nations.
The Corporate Domination of Higher Education
3/29/2009
Chris Hedges:
Article
Facing the truth of how much economic institutions dominate society makes it possible to imagine how it should be different.
Obsessive Financial Deviants
3/22/2009
Matt Taibbi:
Article
The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution.
No Return to 'Normal' Economic Policy
3/19/2009
James K. Galbraith:
Article
This is an indepth analysis of Obama's economic policy advisors and why a very bold approach like the New Deal is now necessary for people to have jobs and the elderly to have income.
A Global Justice Rebellion
3/18/2009
Mark Engler:
Article
A portion of Mark Engler's book is presented here on new ways to organize the global economy including ideas from the World Social Forum.
Economic Hard Times Means Trouble for Non-Profits
3/14/2009
Eyal Press:
Article
The ACLU and lots of others who depend on contributions are finding their givers no longer are able to give.
Obama Encouraged to Change Immigration Policies
3/11/2009
Article
NCC General Secretary Kinnamon calls on Obama, Napolitano to signal a new day in immigrations policy after a raid in Washington State.
A Moral Force that Confronts the Society
3/11/2009
Article
A Lutheran laments his church's inability to stand up for the homeless, quoting John Steinbruck of Luther Place in Washington D.C. and Dietrich Bonhoeffer.
A Social Democratic Economist for Our Times: John Kenneth Galbraith
1/19/2009
Ed Knudson:
Article
A biography of Galbraith by Richard Parker is reviewed by J. Bradford DeLong. Democratic leaders lost their nerve to do what Galbraith thought best.
Republicans Against Worker Organizing
1/3/2005
Article
Little by little Republicans on the National Labor Relations Board are making it hard for unions to organize workers.
The Loss of Livelihood: One Family's Experience
12/30/2004
Article
Peter G. Gosselin writes about a family losing economic security and what it meant for faith and life.
Poverty as a Moral Values Issue
12/22/2004
Article
Don Lattin of the San Francisco Chronicle writes about those trying to make poverty an issue in the moral values debate.
Historical Highlights of the Religion-Labor Movement
12/22/2004
Article
From the Interfaith Worker Justice website, this article provides background on specific people and events.
Good Economic Planning? Some See Major Crisis Coming
12/6/2004
Article
Paul Krugman, Robert Reich, and Stephen Roach have become economic prophets of doom. But the people who can do something about it don't believe in good economic planning.
What Money Can't Buy: The Moral Limits of Markets
11/22/2004
Comment
Michael J. Sandel delivered the Tanner Lectures on Human Values at Brasenose College, Oxford, on May 11 and 12, 1998.
IMF and WCC Discuss Global Poverty
3/17/2003
Article
The International Monetary Fund and World Council of Churches are talking.
The Prophet Has Spoken: Greenspan on Ethics and the Economy
7/16/2002
Comment
Federal Reserve Chairman talks about corporate greed.
Enron Just Tip of Iceberg
6/22/2002
Comment
Hedrick Smith reports on Frontline
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