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
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
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.
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.
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.
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.
Though opposition to TPP has typically focused on the threat of losing American jobs, another concern is coming front and center: loss of sovereignty.
The land of opportunity? Not so much. In fact, the rich are getting richer at a historic rate.
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 &
Though the damage of the housing crisis has been done and the culprits are rich and free, understanding what really happened may help us stop them next time