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US Trade Deficits, Trump Trade Policies, and Capitalist Globalization

Marty Hart-Landsberg Reports from the Economic Front
The US trade deficit is the result of a conscious globalization strategy by large multinational corporations. This strategy has greatly paid off for them. They have been able to use their mobility to secure lower wages, reduced regulations and lower taxes.

Operation Pacific Eagle in the Philippines: Washington’s New Colonial War

Elliott Gabriel Minit Press News
Critics contend that Operation Pacific Eagle Philippines is aimed at strengthening Washington’s grip on the long-subjugated people of the Philippines, defeating a half-century leftist insurgency, and securing the country for the interests of U.S. multinational corporations.

Twinkies, Carrots, and Farm Policy Reality

John Ikerd Civil Eats
An agricultural economist writes that treating Twinkies and carrots as the beginning and end of the farm subsidies discussion distracts from useful public discourse.

‘Competitive’ Distractions

Josh Bivens and Hunter Blair Economic Policy Institute
Cutting corporate tax rates will not create jobs or boost incomes for the vast majority of American families -- the facts you need to shred the myths.

The Shame of Tax Havens

Reuven Avi-Yonah The American Prospect
Tax havens cost the world’s governments hundreds of billions of dollars a year, promote corruption, and undermine the rule of law. They are part of a larger worrisome pattern in which the world’s corporations outrun the governing capacity of states.

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How the U.S. Chamber of Commerce Keeps Working People Poor and Destroys the Environment

Simon Swartzman Working In These Times
The Chamber of Commerce is basically a lobbyist for hire that reaches into other arenas of power to set the policy agenda for the nation in areas of central concern for its members. Major businesses hire the Chamber to carry out very particular legislative or other projects to change policies in ways that have big consequences for American consumers, American workers, international workers, the environment, and consumer regulations.

A New Gameplan for Taking Down Privatizers

Sam Pizzigati inequality.org
The outsourcing of public services to private go-getters has concentrated wealth the whole world over. The best answer to that concentration? That just may be new forms of public ownership.
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