25 Jan 2017

Davos: Panicked IMF Head Calls For Wealth Redistribution To Stop Populism

At this year’s World Economic Forum, political and corporate elites recognized populism was on the rise and that increasingly people rebuked their project.

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23 Jan 2017

Setback For Neoliberalism: Trump Dumps TPP, Will Renegotiate NAFTA

President Donald Trump reportedly signed executive orders that will remove the United States from the Trans-Pacific Partnership (TPP) and start a renegotiation of the North American Free Trade Agreement (NAFTA). It increases the possibility that the Trump administration will deliver a fatal blow to neoliberal globalization. That such actions came

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18 Jan 2017

Report: Eight Men Own As Much Wealth As Poorest Half Of The World

A report from Oxfam International shows eight men own as much wealth as the poorest 3.6 billion people in the world. Oxfam says new data from India and China suggests previous estimates of global wealth concentration credited the poorest half of the world with too much wealth. The report is

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28 Dec 2016

Economic Recovery Is Mostly A Myth For The 99 Percent

The famous United States stock index known as the Dow Jones Industrial Average (or simply the Dow) flirted with approaching a historic high of 20,000. The index, which shows how the largest 30 companies publicly traded in the U.S. are performing, is considered a key indicator of how well U.S.

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21 Dec 2016

White House Claims Over 80% Of Low-Skilled Jobs Will Be Automated

Chairman of the White House Council of Economic Advisers claims jobs with a median wage paying less than $20 an hour have an 83% chance of being automated.

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09 Nov 2016

Trump’s Economic Program Set For Rough Reality

Trump will have to rely on deregulation, repealing Obamacare, and gains from America First trade policies to drive the world’s largest economy into historically high growth.

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28 Sep 2016

TPP And Trade Take Center Stage At First Presidential Debate

The debate focused on trade deals signed by the US and their effects on the country’s working class, particularly in swing states OH, MI, and PA.

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31 Aug 2016

Obama Scrambles To Pass TPP As Corporate Tribunals Face Scrutiny

Though opposition to TPP has typically focused on the threat of losing American jobs, another concern is coming front and center: loss of sovereignty.

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04 Jul 2016

US Income Inequality Reaches Historic High

The land of opportunity? Not so much. In fact, the rich are getting richer at a historic rate.

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01 Jun 2016

IMF Blames Neoliberalism For Low Growth And Increased Inequality

A new paper from the International Monetary Fund (IMF), a pillar of neoliberal globalization and neo-colonial domination of the developing world, takes a rhetorical shot at the very system it perpetuates. The paper, titled “Neoliberalism: Oversold?,” is published in the June 2016 issue of the IMF’s official journal, “Finance &

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