The importance of understanding private equity

Stuart Elliott
Our friends at Dissent have made available on-line a very important article from their Winter 2008 issue–Stephen F. Diamond’s “Private Equity and the Public Good.” (It’s a reminder that subscribers get to read many articles before they’re on-line. I’m looking forward to getting the Spring issue in the mailbox to read “Show Me [...]

Security and Prosperity Partnership: Open Letter to Congress

On April 21 Democratic Socialists of America is joining with some thirty other U.S.-based organizations and networks to call upon the U.S. Congress to exercise its authority to reign in the opaque and undemocratic process called the Security and Prosperity Partnership. The SPP has been organized by top business CEOs and the chief executives of [...]

NAFTA on Steroids: The Security and Prosperity Partnership

by Paul Garver
Even as a growing number of citizens of the USA, Mexico and Canada are demanding the renegotiation of NAFTA, government and corporate elites are stealthily reshaping the agreement into a Security and Prosperity Partnership (SPP) to promote greater economic and military integration of the continent. When the next SPP Summit involving the three [...]

Mergers Stall, Fares Soar, Services Slump and Consumers Sour

By Carl Finamore
It’s been a dizzying season of hookups and breakups for airlines. Everyone said they were single and ready to mingle. But, as it turned out, players found the game was not as easy as it first appeared.
The plan was simple enough. Coupling up would decrease expenses. But ultimately, the various living arrangements did [...]

All Power to the Shareholder-Worker-Voter Alliance

Ian Williams
Washington Spectator
[This interesting article originally appeared in the March 15 Washington Spectator, a fiesty biweekly bulletin in the spirit of I.F. Stone's Weekly. It's a journal well worth reading. Subscriptions are a very reasonable $18 a year.]
“PITY THE POOR SHAREHOLDER!” ISN’T A CRY to get progressive blood pumping—except perhaps in [...]

Economic Policy Institute Criticizes Stimulus Deal

With news media reporting that the administration and Congress have reached agreement on an economic stimulus package, Economic Policy Institute President Lawrence Mishel issued a statement sharply critical of the contents of that deal.
The real test of any anti-recession plan is whether it helps working Americans to keep earning their paychecks and paying their bills.
This [...]