To hear U.S. politicians and champions of the free market talk, the Central American Free Trade Agreement (CAFTA) will transform the region into one big land of democracy and opportunity…. Read more »
economy
The tsunami: capitalist crimes multiply nature’s destruction
The scope of the disaster was almost unimaginable. The torrent of generosity pouring forth from individuals was hugely gratifying. But the role of capitalism-as-usual in compounding the crisis was truly… Read more »
Decoding the federal debt: What Uncle Sam’s red ink means for working people
Are you part of an “average” U.S. household, which spent $1,300 during the holidays and owes $9,000 in credit card debt? Do you wish you could simply raise your debt… Read more »
Central American Free Trade Agreement? ¡No pasarán!
The Central American Free Trade Agreement is designed to do to Nicaragua, El Salvador, Guatemala, Honduras, Costa Rica, and the Dominican Republic what the North American Free Trade Agreement has… Read more »
Exploiting tragedy: how tsunami relief aid is used in economic and military power plays
Last December’s devastating tsunami in the Indian Ocean was an unavoidable natural disaster. The horrifying extent of the loss of life that followed, however, was not. The U.S. military base… Read more »
Shifty business: a mini-history and critique of the lopsided U.S. tax system
If you suspect there’s a conspiracy underway to make the rich even richer and the poor much poorer, you’re right! And a key force in this rapidly growing fraud is… Read more »
2005 World Social Forum: Utopia confronts reality in Brazil
Our cab driver, a disillusioned member of the Brazilian Workers Party, didn’t think much of the World Social Forum, an annual gathering of anti-globalization activists held this year in Porto… Read more »
Bush called out on Social Security “crisis”: Elders, youth and low-wage workers cool to efforts to divide them
The first Social Security checks started arriving in February 1937, in the midst of the Great Depression. The purpose of the new benefit system wasn’t so much to rescue aging… Read more »
Enron: the greediest guys in the room
Enron: The Smartest Guys in the Room is the new documentary film by director Alex Gibney. His screenplay is based on a book by Bethany McLean and Peter Elkind, The… Read more »
Defying free trade: Central American workers and farmers resist CAFTA
In the U.S., the rightwing Heritage Foundation think tank cynically advises Congress to pass the Central American Free Trade Agreement (CAFTA) to bring “democracy, stability and raised living standards” to… Read more »