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.
Mark Dempsey: Other jurisdictions have demonstrated housing the homeless is actually cheaper than the costs of police and emergency room time. But the Cult of Vengeance deplores anything “free”.
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.
Glen Ford: Black liberation/self-determination, by any definition, is wholly incompatible with the emerging imperial nightmare order.
Karl Smith: Bottom-up economics consists of three elements: Our Basic Public Investments, plus Valuing All Workers, plus a Fair System. This video focuses on the BPIs but overviews the importance of Valuing All Workers, and a Fair System.
Bobbi Murray: A proposed law could reboot California’s public investment system to provide a stable source of local funding for affordable housing.
Richard D. Wolff: Market capitalism has mechanisms of self-healing alongside the mechanisms that make it sick. Those who live in capitalist systems repeatedly suffer through both mechanisms so long as that system prevails.
Ellen Brown: President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means.
Conceding that their grip on the economy is slipping, central bankers are proposing a radical economic reset that would shift yet more power from government to themselves.