Nonprofit Arts, Culture Organizations Have Lost $17.3 Billion In Pandemic

By David Walsh, World Socialist Website. -

IWhile hundreds of people in the US and 10,000 globally continue to die each day, American media outlets lose no opportunity to assure their viewers and readers that the pandemic is “over.” In [...]

How America Went From Mom-and-Pop Capitalism to Techno-Feudalism

By Ellen Brown, Scheer Post -

The sort of capitalism on which the United States was originally built has been called mom-and-pop capitalism. Families owned their own farms and small shops and competed with each other on a [...]

Unemployment Benefits Are Not Creating A Worker Shortage

By Arthur Delaney and Dave Jamieson, Huff Post. -

As the U.S. economy bounces back from the COVID-induced downturn, some employers say they’re having a hard time finding workers. GOP lawmakers like Rep. David Rouzer (N.C.) blame the safety [...]

Debt As Colonialism

By Joan Chaker, Progressive International. -

Debt, according to standard economic assumptions, emerges from a purely private exchange. Independent rational agents willingly enter into a contract in a free market. That market, in turn, sets [...]

Moth-Eaten Eviction Moratorium Leaves Hundreds Of Thousands Without A Roof

By Eleanor Goldfield, Mintpress News. -

Washington, DC - “Raise your hand if you can’t pay rent,” she yelled sharply and resolutely into a microphone. A Spanish translation echoed her words as hands shot up across the crowd. “Now make [...]

Informal Workers Have The Tools To Build Better Cities Post-Crisis

By Jenna Harvey, Next City. -

On November 2020, New York City street vendors from the Street Vendor Project marched over the iconic Brooklyn Bridge in force – food carts, multilingual signs and musical instruments in hand – [...]

Beyond COVID: The Essential Building Blocks Of A Just World

By Graham Peebles, Nation of Change. -

We are living through extraordinary times. Even pre-COVID they were strange, unprecedented in a variety of ways; now more so, crazy in many ways. Among the madness, contradictions and movements [...]

Infrastructure Plan Doesn’t Come Close To Tackling The Housing Crisis

By Lindsay Owens and Sammi Albinder, Business Insider. -

The spending plans that the Biden administration released this week laid out substantial investments into our nation's housing system, including $213 billion for building and retrofitting [...]

The Southern Tenant Union Playbook

By Sam Russek, Scalawag Magazine. -

Despite an eviction moratorium that was intended to keep people housed during the pandemic, landlords filed more than 95,000 evictions in just eight major cities across the South last year.  With [...]

How The Pandemic Economy Could Wipe Out A Generation Of Black-Owned Businesses

By Lydia DePillis, ProPublica. -

Of all the products made at Danette Wilder’s small manufacturing plant near the University of Kentucky in Lexington, the products she depended on most for sales were the O-rings cranked out by [...]

Doing Too Little In This Crisis Will Come Back To Haunt The US Economy

By Thea M. Lee, Economic Policy Institute. -

The $1.9 trillion American Rescue Plan (ARP) is essential to a robust and equitable recovery. The risk of doing too little is far greater than the risk of doing too much, and the American Rescue [...]

Will 2021 Be Public Banking’s Watershed Moment?

By Ellen Brown, The Web of Debt Blog. -

Just over two months into the new year, 2021 has already seen a flurry of public banking activity. Sixteen new bills to form publicly-owned banks or facilitate their formation were introduced in [...]

Real Unemployment Is Three Times What They’re Telling Us

By John Buell, Informed Comment. -

Southwest Harbor, Maine – As Congress gets set to debate the Biden Pandemic relief package, one of the favorite Republican lines is the contention that an economic recovery is already well [...]

Debt In The Time Of Pandemic

By Edna Bonhomme, Al Jazeera. -

On New Year’s Day, I received an email from Navient, a student loan servicing company, requesting that I pay $4,442 by January 28. Initially, all I could feel was shame for being in so much [...]

US Suffers Sharpest Rise In Poverty Rate In More Than 50 Years

By Alex Tanzi and Catarina Saraiva, Chicago Tribune. -

The end of 2020 brought the sharpest rise in the U.S. poverty rate since the 1960s, according to a new study. Economists Bruce Meyer from the University of Chicago and James Sullivan of the [...]