The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
Great Recession
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Occupy the Cinema: Economic Hardship in "The Florida Project" and "Good Time"
The films, among the best of 2017, reveal a country under the thumb and the gun of a certain few who will never be satisfied with what they have.
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No-Fault Crash: A New Book Explains How Financial Big-Wigs Skated after the Subprime Disaster
As Jesse Eisinger writes in his new book, the Justice Department “has lost the will and indeed the ability to go after highest-ranking corporate wrongdoers.”
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The Republican Party Owes the American People an Apology, and So Do We
The Democratic Party is the only viable vehicle through which to achieve a more egalitarian and just society.
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Report Finds Racial Wage Gap Widest In Nearly 4 Decades
As wages for American workers have stagnated for more than a generation, the income gap between black and white workers has widened, and discrimination is the main reason for the persisting disparity.
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For the Country's Lower Half, Perils of Rising Inequality Becoming Painfully Clear
Recent research published about the Great Recession adds to the already clear evidence that rising inequality translates into nearly all of today's winnings going to the wealthy.
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Why Britain’s Housing Crisis Heralds the Next Financial Crash
Housing prices in London have risen by 50% in the last five years – and when the UK property bubble goes boom, it will be proportionally bigger than the U.S. housing bust at the onset of the financial crisis in 2007.
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“The Big Short” and Bernie’s Plan to Bust Up Wall Street
Not only is Adam McKay's movie a good way to understand how the big banks screwed millions of Americans out of their homes, savings, and jobs, then got bailed out by taxpayers – but a lesson in why they’re on the way to doing all this again.
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"Inequality Is Not Inevitable": A New Plan to Fix the Rules Structuring Our System
Nobel Prize-winning economist Joseph Stiglitz has led a report called "Rewriting the Rules of the American Economy," which seeks to simultaneously reform the financial sector and wrest power from the 1% while redistributing wealth to workers.
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Ben Bernanke Admits Wall Street Execs Should Have Been Jailed
The former Fed chair says that, in addition to banks and corporations paying billions in fines for their illegal activities that triggered the economic meltdown and Great Recession, individuals should have also been held accountable.
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Fed Up with the Fed: Stiglitz Says Reserve Must Worry About Inequality, Not Inflation
The argument for raising interest rates focuses not on the wellbeing of workers, but that of the financiers.