Time for an Economic Bill of Rights

america's economy

Ellen Brown: What was sufficient for a simple agrarian economy does not provide an adequate framework for freedom and democracy today. We need an Economic Bill of Rights, and we need to end the privatization of the national currency.

Greece’s Choice — and Ours: Democracy or Finance?

greek economy

Robert Reich: Greek Prime Minister George Papandreou decided in favor of democracy yesterday when he announced a national referendum on the draconian budget cuts Europe and the IMF are demanding from Greece in return for bailing it out.

Psst! Wanna Buy a Bridge for Cash?

old bridge

Wendy McElroy: If America’s most aggressive state crackdown on the “gray market” in used goods proves to be revenue-enhancing, other cash-starved states are likely to follow Louisiana’s lead.

A Jubilee for Student Debt?

student loan debt

Ellen Brown: Eliminating, reducing, or deferring student loan debt will free up the budgets of millions of students, allowing them to spend more on goods and services, increasing demand and creating jobs, and adding to tax revenues.

One Week in Polite and Egalitarian Japan

Bonsai Tree Nature Environment

Steve Hochstadt: If the US enters a long period of stagnation, our stark social inequalities may become less tolerable, as both the rise of the Tea Party and the Occupy Wall Street demonstrations already show. More egalitarian Japanese society may be better placed to deal with lack of growth.

The Need for a Progressive Alternative

gop field

Robert Reich: Without bold alternatives, Americans desperate for big solutions are attracted to bold crackpot ideas like Herman Cain’s “9-9-9” proposal, which would raise taxes on the poor and cut them for the rich.

Is Consumer Capitalism Outdated?

Walter Moss: If consumer capitalism is indeed replaced by a new economic structure, many capitalist bricks may still be needed for any new construction. Whether we choose to attempt new building or just apply a little patching here or there is up to us.

Occupy Wall Street: Separating Fact from Media

walter brasch

Walter Brasch: Even the most oblivious recognize the protestors as a large cross-section of America. They are students and teachers; housewives, plumbers, and physicians; combat veterans from every war from World War II to the present.

Behind Europe’s Debt Crisis Lurks Another Giant Bailout of Wall Street

greece-economy-wide

Robert Reich: Republicans and Wall Street executives who continue to yell about Dodd-Frank overkill are dead wrong. The fact no one seems to know Morgan’s exposure to European banks or derivatives – or that of most other giant Wall Street banks – shows Dodd-Frank didn’t go nearly far enough.

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