Ellen Brown: The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
A comparison of trading platforms on the market today shows an elaborate and dynamic industry.
Robert Reich: The truth is, American corporations are sacrificing workers and communities as never before, in order to further boost record profits and unprecedented CEO pay.
Alexandria Jacobson: Communities are using urban farming, integrated service chains and other new programs to feed and empower the 630,000 hungry people living in Illinois’ Cook County.
Reginald Black: Policy makers need to do more than just listen to the homeless community. They need to turn their ideas into action.
Ellen Brown: Unfortunately for Volcker’s legacy and the well-being of the rest of us, his signature policies led to the devastation of the American working class in the 1980s and ultimately set the stage for the 2008 global financial crisis.
Glen Ford: When only corporate parties are permitted to govern, and corporate mouthpieces monopolize the media, capitalist-inflicted misery is made to seem natural and inevitable.
Robert Reich: The Trump tax cut is estimated to save Charles and the late David Koch and their Koch Industries an estimated $1 to $1.4 billion a year, not even counting their tax savings on profits stored offshore and a shrunken estate tax.
Ellen Brown: It looks to be just another case of Wall Street fattening itself at the public trough, using the funds of mom and pop depositors to maximize bank profits and line the pockets of bank executives while depriving small businesses of affordable loans.
Angelika Albaladejo : Many economists say the president can’t claim credit for the current economy and that his policies have contributed to rising inequality.
Richard D. Wolff: Marx was a social critic for whom capitalism was not the end of human history. It was just the latest phase and badly needed the transition to something better.
Vijay Prashad: As the rich withdrew from taxation, governments—of a variety of political persuasions—struggled to fund their own borrowing and the social spending won by the workers.
Lawrence Wittner: Although President Donald Trump has claimed that “inequality is down,” federal data released this year show that, in 2018, the nation’s income inequality reached the highest level since the U.S. Census Bureau began measuring it five decades before.