Ellen Brown: Venezuela’s problems are not the result of the government issuing money and using it to hire people to build infrastructure, provide essential services and expand economic development.
Charles Jaco: The great American myth involves bootstraps, hard work and, eventually, wealth. But the most important word in that sentence is “myth.”
Johnny Townsend: Even after hundreds of interactions with homeless folks, most of them innocuous, I’m still both annoyed and nervous at each guilt-inducing encounter. It’s difficult to overcome the biases ingrained during my middle class upbringing.
Michael T. Hertz: If Amazon and Facebook were owned by the nation, don’t you think we could figure out ways of rewarding their leaders for good ideas and hard work?
Steve Hochstadt: One of the least discussed but most important political policies that contributes to growing inequality is the ability of the very rich to hide their income in international tax shelters.
Ellen Brown: Many European, Asian and Latin American countries have their own national development banks, as well as belonging to bilateral or multinational development institutions that are jointly owned by multiple governments.
Jessica Goodheart: California’s homeless crisis has been fueled by gentrification and an affordable housing shortage that is especially acute in such job-rich urban areas as Los Angeles and San Francisco.
On Saturday January 26th several groups including NDLON, POP, Indivisible, DSA along with non-profits and religious groups from all faith will come together for a parade to promote support for the minimum wage.
Mark Dempsey: These myths have been repeated by scholars from Aristotle to Adam Smith and beyond, but myths are not true just because they are repeated.
Lawrence Wittner: Although polls indicate that most Americans favor raising taxes on the rich, regulating corporations, fighting climate change, and supporting labor unions, the Republican-dominated White House, Congress, Supreme Court, and regulatory agencies have moved in exactly the opposite direction.
Richard D. Wolff: Capitalism’s fundamental political problem is its class division between a small number of people who are employers and the majority who are employees.
Ellen Brown: The Federal Reserve alone could do the job. It could buy “Green” federal bonds with money created on its balance sheet, just as the Fed funded the purchase of $3.7 trillion in bonds in its “quantitative easing” program to save the banks.
Robert Reich: Trump’s ego and his economic team’s incompetence not only threaten the stock market, but could tank the whole economy.