Economy

Who Would Really Be Sacrificed To Save The Economy From COVID-19?

March 31, 2020

Whose families do the high priests of capitalism really intend to sacrifice to their god of money?

1.7 Million Jobs In Arab Region At Risk From Coronavirus

March 30, 2020

A UN brief warns about economic collapse, expecting a 40% decrease in GDP and trillions of dollars lost to the private sector in an area already ravaged by inequality, dependency on oil revenue, and authoritarian governments.

How The Coronavirus Pandemic Can Lead To Deglobalization

March 30, 2020

The rapid, extensive spread of COVID-19 is partly a crisis of globalization. The pandemic gives us an opportunity to rethink our global economic system in favor of ‘deglobalization.’

Will The Baltimore Orioles Step Up To The Plate For Their Concession Workers?

March 27, 2020

700 people who serve beer, hot dogs, and more at baseball games in Baltimore don’t yet know if they will be compensated for games canceled because of COVID-19.

Wall Street Before Main Street: COVID-19 Relief Plans Will Hurt Workers

March 24, 2020

What relief will American workers get after the government poured $2.2 trillion into banks and businesses? Economist Dr. Jack Rasmus explains why the bailout for workers needs to be as big as the bailout for banks.

COVID-19: Disinformation, Overwhelmed Healthcare System Fuel Crisis

March 24, 2020

Public Citizen’s Lisa Gilbert says the coronavirus bailout prioritizes providing healthcare and job protection over corporate interests.

What’s The Best Way To Boost The Economy In A Pandemic?

March 24, 2020

As Congress debates a $1.8 trillion stimulus package, we ask what would benefit ordinary people most: a cash payment for everyone, targeted assistance for those who lose their jobs, or corporate bailouts?

The Debt Delusion: This Is Not The Time To Worry About Deficits

March 23, 2020

Economist John Weeks says his new book, “The Debt Delusion: Living Within Our Means and Other Fallacies,” applies to the coming economic crisis caused by the coronavirus outbreak.

How The IMF Can Help The Global South Cope With Imminent Economic Crisis

March 23, 2020

The International Monetary Fund has a rarely used mechanism that could alleviate the economic crisis faced by the Global South in the wake of COVID-19.

Corporations Are Protecting Their Profits From COVID-19, Not Their Workers

March 20, 2020

Trump is offering big business billions of dollars as the pandemic spreads, and almost nothing for their stranded employees. But real protection for workers has to be much more than a $1000 check.