U.S. Banks and the Dirty Money Empire
Reprising a classic article by radical sociologist James Petras, who died on January 17th, 2026.
July/August 2012
These are all the articles from the July/August 2012 issue that have been posted online. To see the full table of contents for this issue, go to https://www.dollarsandsense.org/issue-301/
3 articles
Private Equity Moguls and the Common Good
Can Wall Street corporate raiders cure creaking capitalism?
Greetings from the New Economy
In a race against climate change, a new movement seeks to build a just, sustainable world.
Abolishing the Fed is No Solution to a Real Problem
Dear Dr. Dollar: Is the Federal Reserve, the Fed, as important to the operation of the economy as it seems? How does it work? If it is so important, how can anyone take seriously politicians such as Ron Paul, who calls for the Fed's abolition? --Tom Prebis, Cleveland, Ohio