The Trump administration says its new tariffs are aimed at combating forced labor. But the countries with the highest rates of modern slavery are largely exempt, while countries with the lowest rates are being hit with tariffs. So what are the tariffs really targeting?
Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.
The U.S. economy is set to go off the so-called “fiscal cliff” at midnight on December 31, 2012. What would go over the cliff is our hope of economic recovery. Read more »
A spate of attacks on public-sector pensions threatens to make inequality even more entrenched and painful, and to undermine economic growth. Read more »
An excerpt from Palast’s latest book, Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps—An investigation of Karl Rove, the Koch Gang and their Buck-Buddies. Read more »