Latest news

U.S. Banks and the Dirty Money Empire

Reprising a classic article by radical sociologist James Petras, who died on January 17th, 2026.

James Petras Mar 24, 2026

Left Hook Economics

War Dollars, Care Dollars (and No Sense)

It seems like a good time to compare the running tally of war dollars with the cost of relentless attacks on public care provision in the United States.

Nancy Folbre Mar 20, 2026

March/April 2026

The Undertaxed Rich

Mitt Romney’s call to tax the rich like him renders the Wall Street Journal editors apoplectic.

John Miller Mar 17, 2026

May/June 2012

Issue 300

May/June 2012

Swaps Crisis

By Darwin Bondgraham

Interest rate swap deals have allowed the big banks to hold local governments and agencies hostage for tens of millions of dollars. Read more »
Taxing the Rich, from Right to Left

By John Miller

When it comes to taxing the rich, Obama’s policies are more conservative than those endorsed by France’s center-right ex-president Sarkozy. Read more »

Available only in the print edition:

The Ideological Attack on Job Creation

By Marty Wolfson

Responding to Anti-Government Arguments | Order this issue or subscribe.

the regulars

the short run
ampersand Immigration
two cents Workplace Democracy | Israel/Palestine
active cultureRiding the Rails in Boston
comment Bill Black on the JOBS Act and Green Slime
in review David Graeber, Debt: The First 5,000 Years
economy in numbers Student-Loan Debt
ask dr. dollar How did the banks repay the bailout?