Tag: economy

“We can have huge wealth in the hands of a relatively few people or we can have a democracy. But we can’t have both.” We need to get big money out of politics.

By 2028 will technology replace all work, leaving no one worried about making money? If John Maynard Keynes' prediction is right, we must learn how to redistribute the profits from these labor-saving inventions—and fast.

The U.S. economy is in sad shape. Yet, corporate media tries to explain the recent stock market decline, which erased $2.1 trillion in the market value of stocks and in the pockets of Americans’ retirement savings, so logically.

While Americans watched stock prices tumble across the globe in Monday’s market turmoil, economist Michael Hudson joins Democracy Now to help make sense of what’s really behind the fluctuations in the market.

The CPF on Long Island—based on a buyer-paid two-percent real estate transfer tax—has been adopted in places like Nantucket to help with the preservation of land. Here is how the program dedicated to acquiring and preserving land has worked.

The powerful peers of the corporate plutocracy are frightened by wealth inequality happening in America. While many are looking to fix it, their concern is not driven by moral outrage at the injustice, but rather by self-interest.

One of the deadliest documented conflict in African history is the fight over precious minerals. While many activist groups want mandatory labeling of "conflict minerals," a federal appeals court ruled against it this week.

In this “irregular” economy, the result is the same: no predictable earnings or hours. But could the majority of the American labor force become fungible, sought only for reliability and low cost?

Everything is a potential market to the capitalist, but it's time to end the suffering of ordinary Americans, which is very good for the profit margins, and make human life a top concern.

There are a few "treacherous" donors who are using wads of cash to pervert American democracy into plutocracy. So who are they trying to buy favors for?