Donald Trump’s failed presidency has left the nation weaker, sicker, and teetering on the verge of a new Great Depression.
Almost half the global workforce - 1.6 billion people - are in "immediate danger of having their livelihoods destroyed" by the economic impact of Covid-19, the International Labour Organization has warned.
Government can either decide to continue the “trickle-down” approach to first protect banks, corporations and their investors with monetary stimuli, or can learn from the New Deal and provide support directly to the most fragile communities
Powerful interests used the Great Recession to hardwire more inequality into our system. This time, let's do the opposite. The coronavirus crisis also gives us an opportunity to use the public purse to shift our economy towards greater equity...
Of the two New Deals -- the one from the 1930s and today’s Green one -- only the first was treated in its time as a response to the economic equivalent of a category five hurricane.
The New Deal solidified capitalist democracy in the United States. The country has swung between hints of social democracy and free market absolutism ever since.
What History Books Left Out About Depression Era Co-ops
It would seem that a movement that provided livelihood for more than 300,000 people in California alone would merit discussion in the history books.
One of the most remarkable demonstrations of the deep-seated radicalism of “ordinary people” has been all but forgotten, even by historians: namely, the Workers’ Unemployment Insurance Bill.
During the Great Depression, a period of vast unemployment and underemployment, at least over a million—Joe Dunn thinks in terms of maybe almost 2 million—individuals, Mexican nationals and American citizens of Mexican descent, were swept up and expelled out of this country.
Using original source material Brian Dolinar arrives at a different explanation of why the popular front of 30s and 40s broke up, than that of mainstream media of that time, and since. The key agents of disunity were not the Communists but the manifold assault by the rightwing establishment. The US ruling class used opinion-molding Red-scare and Red-baiting campaigns in the mass media and culture. A lesson for today with the re-growth of the radical right.
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