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California Pension Fund Gives the Boot to Hedge Funds

Dean Baker Al Jazeera
Investment of public money needs transparency and accountability. The CalPERS decision to end hedge fund investments should be a clarion call for pensions to re-examine their relationship with these and other nontraditional investment instruments. Trillions of dollars of public money as well as the retirement security of millions of workers are at stake.

Crime Fiction and Political Activism: Where They Meet and How

Peter Handel Truthout
From the crime novel's mainstream inception in the early 20th century in the United States, numerous authors have explored a wide range of politically charged themes, including class distinctions, government corruption and the oppression of women and people of color.

Amazon Warehouse Workers Want to Be Paid for Waiting in Line

Josh Eidelson Business Week
In 2010 two former employees of Integrity Staffing Solutions, a temp agency that supplies workers at many of Amazon’s U.S. warehouses, sued the company demanding back pay for the time they spent in security lines after clocking out at Amazon warehouses in Nevada. On Oct. 8 the Supreme Court will hear arguments about whether that time counts as work.

Socialism for the Rich -- It's Capitalism - A Nation of Takers

Nicholas Kristof, Op-Ed The New York Times
The wealthiest Congress in history, the first in which a majority of members are millionaires, we have a one-sided discussion demanding cuts only in public assistance to the poor, while ignoring public assistance to the rich. And a one-sided discussion leads to a one-sided and myopic policy. We're cutting one kind of subsidized food - food stamps - at a time when Gallup finds that almost one-fifth of American families struggled in 2013 to afford food.

On the "Past, Present, Future of Collective Bargaining"

Marc Beallor Portside
Earlier this week, Portside Labor ran an article that featured the St Paul Federation of Teachers recent contract campaign, describing it as 'an impressive example of [a] new direction in collective bargaining.' Marc Beallor, while recognizing the exemplary nature of the SPFT campaign in its use of creative bargaining techniques, takes issue with the notion that they are 'new'. Beallor also points out that the article does not accurately describe bargaining law.

Polarization - European Parliament Elections

Barbara Steiner, Anna Striethorst, Walter Baier transform! europe
The elections to the European Parliament (EP) in May 2014 will be marked by the capitalist crisis and its - regionally quite differentiated - political impact. By contrast to 2009 when the elections evidenced a shift to the right, this time they may result in a polarisation between a new bloc of right-wing populist parties and the left wing of the left.

The Rise of Vermont's Fracked Gas Battle: Communities Organize Against Pipeline Plans

Keith Brunner Toward Freedom
If built, the proposed Addison-Rutland Natural Gas Project would extend Vermont's gas pipeline grid south into Addison and Rutland counties, with the possibility of further expansions linking up with the US pipeline network in the Albany, New York area. The entire pipeline project was dealt a major blow on March 4, 2014, when three affected communities passed Town Meeting Day resolutions opposing the pipeline.

Beyond the Minimum Wage: Interview With Jobs With Justice's Sarita Gupta

Amy Dean, Truthout Interview Truthout
There's a growing population of people who have to make ridiculous choices between paying for food or paying for rent or paying for health care - basic necessities. There's actually a need for us right now to create a whole new generation of smart policies. The fight for raising the minimum wage and all these wage campaigns are actually part of creating a long-term vision around what economic democracy looks like and needs to be.