Jose Cordero

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Misperceptions About Middle-Class Society

A masked protester with the Occupy Wall Street movement waves to a child, whose father was also demonstrating, in Washington in 2012. (Photo: Doug …

Economics

Joseph Stiglitz: Democracy In The Twenty-First Century

484 Shares<p>Joseph Stiglitz<p>The reception in the United States, and in other advanced economies, of Thomas Piketty’s recent book <i>Capital in the</i> …

It's socialism for the rich and capitalism for the rest of us in Britain

Who are the real scroungers? Free-marketeers decry 'big government' yet the City and big business benefit hugely from the state – from bailouts to the billions made from privatisation. Socialism does exist in Britain – but only for the rich<p>Socialism lives in Britain, but only for the rich: the …

TTIP and democracy - where is the problem?

The planned Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the US has an enormous economic and …

The Rebirth of Stakeholder Capitalism?

ROBERT B. REICH is Chancellor's Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center for …

Bloomberg.com

Trending<p>Senate Rejection May Mark End of Chances for Immigration Deal<p>1<p>Share on FacebookShare on Twitter<p>U.S. Stocks Mixed as Treasuries Gain With …

'No one should die penniless and alone': the victims of Britain's harsh welfare sanctions

David Clapson was found dead last year after his benefits were stopped on the grounds that he wasn't taking the search for work seriously. He had an empty stomach, and just £3.44 to his name. Now thousands of other claimants are being left in similarly dire straits by tough new welfare sanctions<p>We …

This Is Why You're Broke

Young people are at the bottom of a pile of economic shit.<p>The government is being pretty triumphant about the state of the economy recently, with George Osborne strutting around Westminster looking even smugger than he usually does. This is because, as was announced last week, the economy grew 0.8 …

Economics

Bank-robbin’ in Brooklyn

Hi Miss Dombek,<p>I have a question that pretty much sums up the core theme of my adult life. In my youth, as I began to take jobs and find my way, my …

Money Talks

Learning the language of finance.<p>The most important mystery of ancient Egypt concerned the annual inundation of the Nile floodplain. The calendar was divided into three seasons linked to the river and the agricultural cycle it determined: <i>akhet</i>, or the inundation; <i>peret</i>, the growing season; and <i>shemu</i>, …

Finance

Decline and fall: how American society unravelled

Thirty years ago, the old deal that held US society together started to unwind, with social cohesion sacrificed to greed. Was it an inevitable process – or was it engineered by self-interested elites?<p>In or around 1978, America's character changed. For almost half a century, the United States had …

Capitalism simply isn't working and here are the reasons why

Economist Thomas Piketty's message is bleak: the gap between rich and poor threatens to destroy us Thomas Piketty interview: capitalism just doesn't add up<p>Suddenly, there is a new economist making waves – and he is not on the right. At the conference of the Institute of New Economic Thinking in …

YouTube

Russell Brand on revolution: “We no longer have the luxury of tradition”

But before we change the world, we need to change the way we think.<p>When I was asked to edit an issue of the <i>New Statesman</i> I said yes because it was a …

Bank of England governor: capitalism doomed if ethics vanish

Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down<p>Capitalism is at risk of destroying itself unless bankers realise they have an obligation to create a fairer society, the Bank of England governor has warned.<p>Mark Carney said …

'Capital in the Twenty-First Century' by Thomas Piketty, reviewed

<i>Capital in the Twenty-First Century</i> by Thomas Piketty, translated by Arthur Goldhammer (Belknap Press)<p>Income inequality in the United States and …

Income Inequality

Paul Krugman: What the 1% Don't Want You to Know

<b>BILL MOYERS:</b> This week on Moyers & Company, Nobel Laureate Paul Krugman of <i>The New York Times</i> on a revolutionary new book about wealth and</b> …

Income Inequality

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