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The Economy is Very Peaceful Today. That's Bad News

Jeff Spross The Week
If American prosperity is going to be equitable and broadly shared, workers need enough power to contend with CEOs and owners of capital when they all meet at the bargaining table.

Record Profits, Record Stock Buybacks: Another Looming Crisis?

Sam Gindin The Bullet
"The enormous gap in American infrastructural needs, the availability to the U.S. of cheap capital, and the unrelenting and appalling growth in inequality, all clinch the case for massive government infrastructural developments alongside progressive tax reform and steps to raise wages at the bottom of the labour market." In this article the author questions why those on the left are not organizing to confront the central questions of captalism.

#BlackWorkersMatter

Los Angeles Black Worker Center
Earlier this year, Los Angeles Black Worker Center was interviewed to discuss our experiences and reflections on the importance of organizing black workers here and across America. More than thirty leaders from community organizations, national groups and foundations were also interviewed, and their insights have been released in the new report: #BlackWorkersMatter. Asserting that black lives matter also means that the quality of those lives matters.

How Billionaires Use the Government as a Tool to Destroy Companies They've Bet Against

Les Leopold comments_image 35 COMMENTS Alternet
This is the heart of the new financialism and it is happening all over the country. If this were just one isolated case, we could probably live with it. It might even lead to a new law that would outlaw Ackman's outrageous behavior. But this kind of de-creative destruction is now a central feature of our new financialized economy. It is now routine for big-time investors to make bets against companies and then try to bring those companies down using a variety of tactics.
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