capitalism

Two Billion Dollars in Stolen Wages Were Recovered for Workers in 2015 and 2016—and That’s Just a Drop in the Bucket

Celine McNicholas, Zane Mokhiber, and Adam Chaikof
Economic Policy Institute
Given that wage theft disproportionately affects workers from low-income households—who are already struggling to make ends meet—the loss of wages can be devastating. And these recovery numbers likely dramatically underrepresent the pervasiveness of wage theft—it has been estimated that low-wage workers lose more than $50 billion annually to wage theft.

A Modern Greek Tragedy Foretold

Bennet Baumer
The Indypendent
Greece's former finance minister under the radical Syriza government offers a revealing tell-all about modern capitalism through his battles over Greece’s debt with the “Troika”: the International Monetary Fund, the European Commission and the European Central Bank (ECB), and eventually with his own prime minister.

Who Profits from the Opioid Crisis? Meet the Secretive Sackler Family Making Billions from OxyContin

Amy Goodman, Christopher Glazek, Nermeen Shaikh
Democracy Now!
A new investigation by Esquire magazine reveals how the secretive Sackler family, owners of the company that invented OxyContin, downplayed the risks of addiction and exploited doctors’ confusion over the drug’s strength.

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