A Debt Reckoning Is Unavoidable

By Aaron Karp, Waging Nonviolence. -

The late anthropologist David Graeber, who wrote about the 5,000-year history of debt, spoke about a strange paradox of being indebted. “The first effect of debt is to create isolation, shame, [...]

With Evictions Looming, US Cities Seek Legal Help For Renters

By Carey L. Biron, News.Trust.org. -

Washington - When Shalonda Glascoe fell behind on her rent as she struggled to find a job amid the coronavirus outbreak this spring, her landlord tried to kick her out of her Baltimore home - [...]

Young Workers Hit Hard By The COVID-19 Economy

By Elise Gould and Melat Kassa, Economic Policy Institute. -

Across the United States, millions of workers of all ages suffered job losses in the coronavirus-driven recession, but the economic impact on young workers has been even more intense. Not only [...]

Activists Mobilize To Help Incarcerated People Get Stimulus Checks

By Mike Ludwig, Truthout. -

For months incarcerated people and their families heard conflicting messages about whether they were eligible to receive the pandemic stimulus payments provided by Congress as the Trump [...]

The Nightmare Facing The Poor And Working Class

By Jeff Schuhrke, In These Times. -

As mil­lions of U.S. work­ers face unem­ploy­ment, food inse­cu­ri­ty and evic­tion amid the coro­n­avirus pan­dem­ic, the lim­it­ed aid pro­vid­ed by the fed­er­al government’s flawed CARES Act [...]

Debt Collectors Have Made A Fortune This Year

By Paul Kiel and Jeff Ernsthausen, ProPublica. -

Earlier this year, the pandemic swept across the country, killing 100,000 Americans by the spring, shuttering businesses and schools, and forcing people into their homes. It was a great time to [...]

Pandemic Could Push Up To 150 Million Into ‘Extreme Poverty’ By 2021

By Jessica Corbett, Commondreams. -

Amid findings that the combined wealth of the planet's billionaires skyrocketed to $10.2 trillion during the coronavirus pandemic, the World Bank warned Wednesday that the public health crisis [...]

Spain Unveils Economic Recovery Plan Amid Pandemic

By Barry Hatton, AP News. -

Spain’s prime minister unveiled a major plan Wednesday to boost his country out of recession by spending 140 billion euros ($162 billion) of European Union aid to reshape the economy, with the [...]

New Jobs Report Consistent With Weak Economy

By Jeff Cox, CNBC. -

Weaker-than-expected job growth in September sent a signal that the sharp economic recovery off the coronavirus shutdown may be hitting a wall. The Labor Department reported Friday that [...]

The Case For Debt Abolition

By Astra Taylor, ROAR Magazine. -

In 2008, around the same time Lehman Brothers collapsed and the mortgage market began to melt down, I got a call telling me my student loans were in default. I remember trying to grasp the logic [...]

Changing The Washington Guard

By Roger Harris, Popular Resistance. -

At the risk of counting chickens before they hatch, what would the return of Team Blue portend? As is patently obvious, the US is in trouble. Climate driven heat waves and fires grip the [...]

Half Of The US Lacks Adequate Protections Against Evictions

By Sasha Abramsky, Truthout. -

In the aftermath of the 2008 housing market collapse, I spent many months reporting on the “collateral damage” caused by a systemic failure. I remember going into campgrounds in California’s [...]

Isolation And Opioids During The Pandemic

By Mattea Kramer, Tom Dispatch. -

In our new era of nearly unparalleled upheaval, as a pandemic ravages the bodies of some and the minds of nearly everyone, as the associated economic damage disposes of the livelihoods of many, [...]

Poll: Financial Pain From Coronavirus Pandemic ‘Much, Much Worse’ Than Expected

By Joe Neel, NPR. -

In America's four largest cities, at least half of people say they have experienced the loss of a job or a reduction in wages or work hours in their household since the start of the coronavirus [...]

Philadelphia To Temporarily Block Landlords From Enforcing Evictions

By Ryan Briggs, WHYY. -

Philadelphia court officials will announce a temporary stay on lockouts related to eviction orders Tuesday, PlanPhilly has learned. The move comes as landlord-tenant proceedings begin to ramp [...]