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U.S. Economy AlterLinks Topic Index The ABCs of the Economic Crisis What Working People Need to Know Resource Type: Book Published: 2009 Rich, powerful people created the economic crisis of 2008-09, while hundreds of millions of working people suffer the consequences -- lost homes, lost jobs, rising insecurity, and falling living standards. How could this happen? America in Decline Resource Type: Article Published: 2011 The American Deep State Wall Street, Big Oil, and the Attack on U.S. Democracy Resource Type: Book Published: 2014 Scott makes a compelling case for a hidden "deep state," a second order of government behind the public or constitutional state, that influences and often opposes official U.S. policies. The Big Lie About the Tax Bill: Why Bosses Will Never Raise Wages Resource Type: Article Published: 2017 The big lie underlying the $1.5-trillion Trump/Republican Congressional tax bill is that Corporations will pass much of it on to workers in the form of higher wages, and to consumers in the form of lower prices. The Biggest Heist in Human History Resource Type: Article Published: 2016 The only way stimulus can work is if its put where it’s needed. And we can now say with 100 percent certainty, that the Fed’s stimulus wasn’t put where it was needed which is why it hasn’t worked. The Budget/Deficit Deal Resource Type: Article Published: 2013 Some serious ruling class intervention finally presented John Boehner an instruction he couldn't refuse: Get the Harry Reid-Mitch McConnell Senate deal to the House floor for a straight vote to reopen the government and raise the debt ceiling. Can You Figure Out What This Chart Means? Resource Type: Article Published: 2016 The U.S. economy is in the throes of the lousiest recovery since World War 2. The so called monetary stimulus has failed to lift the economy out of the doldrums or produce the robust recovery that they promised. Instead, US gross domestic product, (GDP) has been plodding-along at an abysmal 2.2% since 2009, which is far below the 3.6% average of the prior 60 years. The Complete Works of Rosa Luxemburg, Volume I Economic Writings 1 Resource Type: Book Published: 2013 This first volume in Rosa Luxemburg's Complete Works, entitled Economic Writings 1, contains some of Luxemburg's most important statements on the globalization of capital, wage labour, imperialism, and pre-capitalist economic formations. Connexions Library: USA Focus Resource Type: Website Published: 2009 Selected articles, books, websites and other resources on the United States of America. Disaster Capitalism: Making a Killing out of Catastrophe Resource Type: Book Published: 2015 Journalist Antony Loewenstein travels across Afghanistan, Pakistan, Haiti, Papua New Guinea, the United States, Britain, Greece, and Australia to witness the reality of disaster capitalism. Empire and Its Discontents "Losing" the World Resource Type: Article Published: 2012 Fictitious Capital and Contracted Social Reproduction Today: China and Permanent Revolution Resource Type: Article Published: 2012 Once gain, as in 1914, capital requires, in order to survive as capital, a vast devalorization of all existing values, however great the destruction of human beings and means of production which that entails. High Wire The Precarious Financial Lives of American Families Resource Type: Book Published: 2008 The author shows how the burden of financial risk has been transferred from government, employers, and insurance companies on to the shoulders on individuals and families. Killing the Competition How the new monopolies are destroying open markets Resource Type: Article Published: 2012 Barry Lynn discusses how today's markets have moved away from the openess they are supposed to represent. The Lies of Neoliberal Economics (or How America Became a Nation of Sharecroppers) Resource Type: Article Published: 2016 Michael Hudson and Chris Hedges talk about how America become a nation of 'sharecroppers'. A Marxist History of the World part 104: 2001: 9/11, the War on Terror, and the New Imperialism Resource Type: Article Published: 2012 The Al-Qaida terror attacks allowed the great powers to justify new imperialist wars to safeguard the interests of global capital. A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole Resource Type: Article Published: 2012 The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt. Nearly $2 Trillion Purloined from U.S. Workers in 2009 Resource Type: Article Published: 2011 The upward redistribution has remained as hidden as possible. The forms it has taken—as bonuses, bloated salaries, elephantine stock options, padded consulting fees, outsized compensation to boards of directors, sumptuous conferences, palatial offices complete with original artwork, retinues of superfluous “support” staff, hunting lodges, private corporate dining rooms, regal retirement agreements, and so on—defy exact categorization. Some would appear as profit, some as interest, some as dividends, realized capital gains, gigantic pension programs, retained earnings, or owners’ income, with the remainder deeply buried as “costs of doing business.” Occupy!: Scenes from Occupied America Resource Type: Book Published: 2011 An unofficial record of the New York branch of the Occupy movement, Occupy! combines adrenalin-fueled first-hand accounts of the early days and weeks of Occupy Wall Street with contentious debates and thoughtful reflections. A Short History of Liberal Myths and Anti-Labor Politics Resource Type: Article Published: 2017 A history of how labour and working-class groups have been alienated or disserviced by the major US political parties, particularly by liberal policies which are primarily aligned with business interests. The Socialist Register 1981 Volume 18: A Survey of Movements & Ideas Resource Type: Serial Publication (Periodical) Published: 1981 Socialist Register 1995 Volume 31: Why Not Capitalism? Resource Type: Serial Publication (Periodical) Published: 1995 State of the "Recovery" Resource Type: Article Published: 2014 The editors provide an overview of current issues in American politics, such as the debate over minimum wage, Wall Street, immigration reform, the Trans Pacific Partnership and the need for economic recovery. Their "Recovery" and Ours - Review Against The Current vol. 161 Resource Type: Article Published: 2012 A review of 'Obama’s Economy: Recovery for the Few' by Jack Rasmus. This Land Is Their Land Reports from a Divided Nation Resource Type: Book Published: 2008 A look at the effects of corporate Americ on the general populace, pointing out the tactic of side-tracking those who would protest onto more superficial issues. Trump's Brilliant Strategy to Dismember U.S. Dollar Hegemony Resource Type: Article Published: 2019 The US's ability to use finance as international leverage is weakening as American nationalism becomes more blatant and alienates allies. Virtual Economy's Phantom Job Gains are Based on Statistical Fraud And More Fraud Is in the Works Resource Type: Article Published: 2014 Washington can't stop lying. Reports of job gains are more fiction than reality. Want to Stop Trump? Take a Page From These Dockworkers, and Stop Work Resource Type: Article Published: 2017 On the day of Donald Trump's inauguration, many Americans wrung their hands. Some took to social media to express their discontent while others protested. But, perhaps, the most dramatic and important action was taken by dockworkers in Oakland, California: They stopped working. Their strike demonstrated the potential power ordinary people have on the job, when organized. We Are Wisconsin Resource Type: Film/Video Published: 2012 When a Republican Governor’s bill threatens to wipe away worker rights and lock out public debate, six (extra)ordinary citizens join the growing protest at the Wisconsin State Capitol, and spend the next twenty-six days building a movement that not only challenges the bill, but the soul of a nation.

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