Economy

Angola, Côte d’Ivoire, South Africa, Misinvoicing, Capital Flight, Illicit Trading, Exploitation, Africa

How Kleptocracy Impoverishes Angola, Côte d’Ivoire, and South Africa

February 17, 2019

Léonce Ndikumana discusses his newest research on capital flight from Angola, Côte d’Ivoire and South Africa between 1975 and 2015. 290 Billion dollars were funneled out of these countries over this period through misinvoicing and circumventing regulation and taxation. Most of that money ended up in corporations in the global north

Cryptocurrency Firm Loses Codes and Gets Hacked, Millions Lost

Cryptocurrency Firms Regularly Lose Codes and Money

February 7, 2019

Recent developments in the cryptocurrency world highlight the dangers of trading in this type of “coin.” But how important is cryptocurrency to the financial world and why should we care? We discuss the issue with white collar criminologist Bill Black

Global Tech Companies Renew Push for Control Over All Data

Global Tech Companies Renew Push for Control Over All Data

February 6, 2019

Google, Amazon, Facebook, among others, have developed ecommerce rules that would benefit them and, with the help of the US government, hope to have them adopted by the World Trade Organization. CEPR’s Deborah James discusses the implications

Over 40% of US Households Are One Paycheck Away From Poverty

Over 40% of US Households Are One Paycheck Away From Poverty

February 2, 2019

Far more households in the US are at risk of joining the ranks of the poor, should they lose their job or face a financial emergency, showing that millions are vulnerable and this number is increasing, says Kasey Wiedrich of Prosperity Now

Financial Deregulation & Racist Housing Policy Brought Us 2007 Meltdown, with More to Come (Pt 1/3)

Decades of Financial Deregulation & Racist Housing Policy Brought Us 2007 Meltdown

January 24, 2019
Carter, Reagan, Clinton, the Bushes, Obama, and now Trump deregulated Wall Street and did nothing to help Black and Brown homeowners in America. White collar criminologist Bill Black discusses the social structure of mortgage discrimination. Part 1: The History    
$15 Minimum Wage: Job Killer or Path Out of Poverty?

$15 Minimum Wage: Job Killer or Path Out of Poverty?

January 11, 2019

Gov. Larry Hogan says a $15 minimum wage in Maryland could cost the state 100,000 jobs, but economists say raising low wages could benefit half a million workers

The Roots of Venezuela's Economic Crisis

The Roots of Venezuela's Economic Crisis

December 28, 2018
Steve Ellner and Greg Wilpert, in a joint analysis of the Venezuela situation
The Roots of Venezuela's Economic Crisis

Venezuela Coverage and Analysis

December 28, 2018
Find all of our Venezuela stories here, from the current crisis to the early days of The Real News Network
The Global Power Elite: A Transnational Class

The Global Power Elite: A Transnational Class

December 26, 2018

Peter Phillips, the author of the book, “Giants: The Global Power Elite,” examines the roles and networks of the world’s richest and most powerful. This class is no longer bound to national concerns, only to the expansion of its own power, says Phillips