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Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

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  • Button-ferguson
    We continue our conversation with Charles Ferguson, director of the Oscar award-winning documentary, “Inside Job,” about the 2008 financial crisis. In his new book, “Predator Nation,” he argues “the role of Democrats has been at least as great as the role of Republicans” in causing the crisis. [includes rush transcript]
    May 29, 2012 | Web Exclusive
  • Button-predator-nation
    Two years after directing the Academy Award-winning documentary, “Inside Job,” filmmaker Charles Ferguson returns with a new book, “Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America.” Ferguson explores why no top financial executives have been jailed for their role in the nation’s worst economic crisis since the Great Depression. We also discuss Larry Summers and the revolving door between academia and...
    May 29, 2012 | Story
  • Picture%2020
    We continue to look at the cost of public education, this time here in the United States. On Wednesday, thousands took part in education protests in Philadelphia, Pittsburgh and other Pennsylvania cities, condemning planned spending cuts. In Philadelphia, school officials have proposed a controversial plan to close more than 60 schools in the next five years and potentially privatize those remaining. On Thursday, Republican presidential...
    May 25, 2012 | Story
  • Button-edelman
    Census data shows nearly one in two Americans live in poverty, and now the Congressional Budget Office warns things could soon get worse if President Obama and Congress remain at an impasse over the 2013 fiscal budget. House Republicans are calling for cuts to food aid, healthcare and social services, while protecting funds for the Pentagon. We discuss poverty with Peter Edelman, who resigned as assistant secretary at the Department of Health...
    May 23, 2012 | Story
  • Button-reich
    Former Secretary of Labor Robert Reich critiques President Obama’s handling of the economic crisis and the Clinton administration’s repeal of the Glass-Steagall Act, a key deregulatory move that ended the separation of commercial and investment banking and is widely seen as having helped lead to the financial collapse. The Clinton administration also presided over a drastic transformation of U.S. welfare laws, throwing millions off...
    May 08, 2012 | Story
  • Button-occupy-2
    In his new book, "Beyond Outrage," former Labor Secretary Robert Reich opens with a dedication to the Occupy Wall Street movement. He writes: "To the Occupiers, and all others committed to taking back our economy and our democracy." We speak to Reich about the success of Occupy in reshaping the national dialogue on the economy and why strong grassroots movements are needed to push elected leaders in Washington to enact a...
    May 08, 2012 | Story
  • Rebelcities
    In part two of our interview with social theorist David Harvey, he notes the "urban center" of Occupy Wall Street has been key to its success. He also discusses Karl Marx, the lack of evidence that austerity stimulates economic growth, and how many of the social benefits that exist today were brought about through class struggle. [includes rush transcript]
    May 01, 2012 | Web Exclusive
  • Button-mayday2
    As Occupy Wall Street plans nationwide protests marking International Workers’ Day, or May Day, we discuss the movement with Pulitzer Prize-winning reporter, Chris Hedges; Amin Husain, editor of Tidal magazine and a key facilitator of the Occupy movement; Marina Sitrin, author of "Horizontalism: Voices of Popular Power in Argentina" and a member of Occupy’s legal working group; and Teresa Gutierrez of the May 1st...
    May 01, 2012 | Story
  • Thumbwestsmiley
    In part two of our interview with Tavis Smiley and Prof. Cornel West, they discuss growing up in working-class households. "I saw so much poverty growing up," says Smiley, who lived with 13 family members in a three-bedroom trailer and learned that even when he was not optimistic, he could be hopeful. "Hope needs help," Smiley notes. West recalls how he worked with the Black Panthers to organize a general strike while...
    April 24, 2012 | Story
  • Thumbwestsmiley
    In part two of our interview, Tavis Smiley and Dr. Cornel West discuss growing up in working-class households and compare the amount of money spent on war and the 2012 presidential campaign to funding for programs that assist the one in two Americans who are now poor. They also discuss the Trayvon Martin case and Ted Nugent’s potentially threatening comments about President Obama at the recent National Rifle Association meeting....
    April 19, 2012 | Web Exclusive