How The U.S. Military Undermines The American Economy

By David Rosen, Counterpunch.org -

Eisenhower surly must be spinning in grave given how much influence the military industrial complex wields today.  In 1960, the military budget stood at $344 billion; today, the military complex, [...]

Can An Economic Stat Help Narrow Our Grand Economic Divide?

By Sam Pizzigati, Inequality.org -

Why do so many Americans deeply distrust government? One part of the reason, two top economists suggested to a key congressional committee this week, just might be the most basic — and familiar — [...]

Economics Of Poverty, Or The Poverty Of Economics

By Staff, Anticap.wordpress.com -

As every year, mainstream economists lined up to laud the choice. Dani Rodrik declared it “a richly deserved recognition.” Richard Thaler, who won the award in 2017 (here’s a link to my [...]

Recession On The Way, Global Trade & Currency War Has Begun

Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US [...]

25% Of Americans Are “Worse Off” Than They Were Before The Great Recession

By Mac Slavo, Shtfplan.com -

For many, the economic recovery being touted by the mainstream media has not yet affected them. About 25% of Americans say that a decade after the housing bust that caused the Great Recession, [...]

U.S. Stocks Have Fallen For 5 Weeks In A Row – That Is The Worst Stock Market Streak In Almost 8 Years

By Michael Snyder, Activistpost.com -

We haven’t seen stock prices slide like this in a long time, and if this keeps up we could soon be looking at an avalanche.  Our rapidly escalating trade war with China and more bad U.S. economic [...]

Sign Of Hope Or Worry? When The Dollar Store Comes To Town

By Patrik Jonsson, Csmonitor.com -

On a “mission to save my neighborhood,” Burnell Cotlon, an Army veteran, built his Lower 9th Ward Market literally by hand, shingle by shingle. Today, his counter wall features cameo shots with [...]

The 2018 Retail Apocalypse, In 6 Charts And A Map

By David Montgomery, Citylab.com -

One of the big trends of 2017 was the ongoing “retail apocalypse,” the apparent disaster of declining sales and store closures facing brick-and-mortar retailers. Well, 2018 was more of the same. [...]

The Crash Of The “Everything Bubble” Started In 2018 – Here’s What Comes Next In 2019

By Brandon Smith, Birchgold.com -

In 2018, a very significant economic change occurred, which sealed the fate of the U.S. economy as well as some other economies around the globe. This change was the shift of central bank policy. [...]

The Commons, The State And The Public: A Latin American Perspective

By Daniel Chavez, Tni.org -

In recent years, many researchers and social activists from very different countries, like myself, have rediscovered the notion of the commons as a key idea to deepen social and environmental [...]

China: A New Philosophy Of Economics

By Peter Koenig, Informationclearinghouse.info   -

The west consistently seeks to undermine the interests of their partners, be it for trade or political agreements; be it partners from the west, their smaller and weaker brothers; or from the [...]

New World Economic Order Minimizes US Dominance

By Pepe Escobar, Atimes.com -

Ahead of the crucial Shanghai Cooperation Organization (SCO) summit in Qingdao this coming weekend, three other recent events have offered clues on how the new world order is coming about.The [...]

Inequality Made Worse By Cruel Economic Policies In US

By Ed Pilkington, Theguardian.com -

Donald Trump is deliberately forcing millions of Americans into financial ruin, cruelly depriving them of food and other basic protections while lavishing vast riches on the super-wealthy, [...]

A Socialist Economy For The 21st Century

By Richard Rosen, Thenextsystem.org -

In Next System Project Report 3, author and Tellus Institute co-founder Richard A. Rosen explores the changes he deems necessary for a modern definition of “socialism”, and describes key concepts [...]

Ten Years After The Crash

By David F. Ruccio, Anticap.wordpress.com -

The economic crises that came to a head in 2008 and the massive response—by the U.S. government and corporations themselves—reshaped the world we live in.* Although sectors of the U.S. economy [...]

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