It is not hyperbole to say that the world’s richest man has now illegally seized control of America’s checkbook and the entire federal workforce.
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“Hide Your Brightness, Bide Your Time”: China in the Age of Global Governance, Part II
China and other emerging economies, frustrated by their lack of representation in global financial decision-making, could potentially create their own parallel institutions and, in the long term, construct a parallel or opposing economic system altogether.
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Seattle Becomes 6th U.S. City To Sue Monsanto Over Toxic Contamination
The complaint filed last week in a U.S. District Court alleges the biotech giant knew its PCBs were polluting the environment and causing harm to people and wildlife.
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Purchasing A President: Nearing $1 Billion, White House Race Eclipses Anything Previous
The presidential campaign is now a super PAC-fueled arms race where almost everyone has a money bomb – half the cash raised so far came from those groups, which have no contribution limits.
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Low Wages, Rising Rents: Why California Workers Can’t Afford A Roof Over Their Head
According to the California Housing Partnership Corporation, a combination of falling incomes and high rents is driving the worst rental-housing crisis in California since World War II.
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Homelessness Soaring in the UK As People Can No Longer Afford To Pay Rent
One in five renters in Britain could not afford to pay January’s rent out of their normal salary and were forced to resort to credit cards, loans, overdrafts, pay day loans and borrowing from friends and family in order to pay housing costs.
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New York City Set to Triple Its Number of Worker Cooperatives
It marks the largest investment to date in worker co-ops by a city government in the U.S.
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Copenhagen Announces Plan To Divest $1 Billion From Fossil Fuels
If the mayor's proposal is approved at a finance committee meeting Tuesday, the Danish capital will become the country’s first investment fund to sell its stocks and bonds in fossil fuels.
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Bernie Targets Top 10 Corporate Tax Dodgers On Eve Of Iowa Primary
Sanders pledged Friday to close loopholes that allow Fortune 500 companies to exploit offshore tax havens, which last year enabled them to avoid paying U.S. taxes on over $2.1 trillion in accumulated profits.
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Why Wall Street Won the First Round and How We Might Win the Next
Will it take a coming crisis to finally achieve what the reaction of the 2008 financial crisis failed to do – place finance capital under restraints? Iceland may have been the exception to the rule, but it shows that democratic control of the banks is possible.
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Private Companies are Making a Killing in the Justice System
Corporations like Aramark and CCA make money at almost every step of our justice and prison systems, from processing fines to monitoring ankle bracelets and drug testing. And they make a lot of it.