Inequality.org

connecting the dots on a growing divide

Salvatore Babones: China’s Third Plenum Endorses the “Decisive” Role of the Market — Unfortunately for China

Making the market “decisive” means that the Chinese government has decided to place profits before people — and even before that previously invincible talisman, economic growth.

Salvatore Babones: The Greek Debt Crisis: What’s Going on in Europe?

As the economic news in the United States gets worse and worse every week, a lot of Americans are saying “at least we’re not Europe.”  To read the press accounts, it sounds like Greece is plunging Europe into a second Great Depression.  Greece is having trouble paying its debts, and many people are worried that […]

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