Individually the poor are not too tempting to thieves, for obvious reasons. Mug a banker and you might score a wallet containing a month’s rent. Mug a janitor and you will be lucky to get away with bus fare to flee the crime scene. But as Business Week helpfully …
Marx famously said that the bourgeoisie unwittingly produces its own gravediggers. Marx was convinced that capitalism inexorably gives rise to an elite social class whose members create an economy that contains the seeds of its own destruction. The prime movers in Marx's theory …
In the annals of loopholes, one that the Federal Election Commission, the nation's election watchdog, created in 2008 could rank as one of the most absurd. The FEC's Republican commissioners decided that shadowy nonprofits running political ads (think: the US Chamber of Commerce) …
The George Carlin & Scott Walker Clip Every American Needs To See It’s almost like George had a pair of magic, look-into-the-future glasses.Warning: A little bit NSFW.
On April 21, The New York Times reported that Wal-Mart de Mexico paid $24 million in bribes to local land use officials in exchange for allowing the company to build stores in virtually every corner of the country, and to make environmental objections vanish. Although its top exe …
Taxpayer-subsidized stealth lobbyists: Lobbyists who circumvent normal lobbying regulations and procedures to advance the corporate agenda in statehouses nationwide on the taxpayer dime. If Washington DC is the new Versailles, run by corporate overlords and their lobbyist-hired …
Like many congressional races around the country, Montana’s Senate contest is being defined by previously unthinkable levels of outside spending. Montana knows all about buying elections. In 1899, just ten years after it became a state, William Andrews Clark, known as the …
They're missing the point. When CEO Jamie Dimon announced that JPMorgan Chase had incurred at least $2 billion in losses from risky, unsecured, derivatives-types trading, it uncovered the scandal of our time once and for all. The Chase disaster gives us a much-needed a glimpse i …
The means of production now evolving will inevitably outstrip our ability to sustain an environment that can support us. Economic collapse follows ecological collapse. At the same time, current means of production will also fail to provide sufficient work to sustain incomes and e …
Three years after the biggest bailout in US history, Wall Street lobbyists don't just have influence in Washington. They own it lock, stock, and barrel. THIS STORY IS NOT ABOUT THE origins of 2008's financial meltdown. You've probably read more than enough of those alrea …
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