International Labor Organization Director General Juan Somavia, speaking at the annual conference of ILO in Geneva this week, summoned labor rights advocates to urgently challenge what he called globalization without social justice.

Speculation in the world financial market has played an important role in skyrocketing oil prices, among other factors such as supply woes and a weak dollar, analysts said.

Georgetown, Jun 5 (Prensa Latina) Caribbean officials and businesspeople will meet in this capital of Guyana on June 6-7 to discuss about two dozen proposals to be presented to investors in order to attract them to put their money into food production in this region.

Cuba stressed in Rome today that hunger and malnutrition are the consequences of an international world order that maintains and deepens poverty, inequalities and injustice.

The New Deal government represented new forces and politics. It operated through the Democratic Party. It made the Democrats as a party the majority party of the country, something they had not been since before the Civil War.

David Brooks (the NYT's ultra-conservative mouth piece) has written an open letter to the presidential candidates (Dear Senators Obama, Clinton and McCain) which appeared 5-30-2008 ["The Reality Situation"].

An increasing number of working families are "being swamped by a rising tide of income instability," says a new report released by labor-backed think-tank Economic Policy Institute this week.

Pero si yo tuviera que resumirlo y proyectar un escenario, creo que nos enfrentamos a varios años con una economía muy débil y temblorosa que para mucha gente equivaldrá a una recesión prolongada, aunque no lo será formalmente.

If I had to put it all together and lay out a scenario, I think we are facing years of a very weak and stumbling economy that will feel to many people like an extended recession, even if it is not formally one.

Prominent New Dealer, Rexford Guy Tugwell, author of The Battle for Democracy, was a "brain truster" or policy advisor to Franklin D. Roosevelt and served under Department of Agriculture Secretary Henry A. Wallace. Tugwell was typical of the “new people” who had come to Washington in 1933 with Roosevelt’s election.

Marxists and non-Marxist economists have predicted the current financial crisis for some time. Its conditions have been in operation since the acceleration of the deregulation processes in the monetary and financial markets.

Globalization has created a situation which generated a worldwide phenomenon of migration of millions of workers to other countries. Finance capital’s thrust for cheap labor to bring down the cost of production in an environment of cut throat competition has given a powerful impetus to the phenomenon of migration of labor both within as well as outside the country.

On May 13, four of the nation's most prominent social justice organizations announced a new multi-year campaign to cut poverty in America in half in 10 years. The campaign, Half in Ten, will be chaired by former presidential nominee Sen. John Edwards, D. N.C.

Ypsilanti, Mich. – Gas prices have reached $4 per gallon here and for many communities across the country, fueling resentment at the Bush administration who most people view as at fault for the rise in prices.

A poll conducted in the key battleground state of Florida shows Republican presidential nominee John McCain winning no more than 44% of the vote against either Democratic presidential frontrunner Barack Obama or Sen. Hillary Clinton.

If you don't support a gas tax holiday as the solution to high energy costs and economic woes then you're "out of touch" with ordinary working people, Hillary Clinton and John McCain recently claimed.

Bush refused to go quietly, but congressional Democrats dealt a stinging blow to one of his administration's top priorities this week when they refused to hold a vote on the Colombia Free Trade Agreement and stripped the bill of its three-month deadline.

Opes Prime was what is known as a leverage broking firm, one based on a high level of debt. Clients of Opes could borrow against the shares they purchased — the shares would be used as security, in a somewhat similar fashion to a home loan where the home is used as security in the event that the borrower fails to make repayments.

In a brief but stirring commemorative speech in Fort Wayne, Indiana, April 4, on the life and legacy of Dr. Martin Luther King Jr. on the 40th anniversary of his assassination, Democratic presidential frontrunner Barack Obama recalled the civil rights leader's courage, his eloquence, and his leadership ability.

Every now and then a "prize" of a book comes along that includes all the elements of good writing. Bad Samaritans is one of them. Using straightforward language that generally avoids using the lexicon of economists, and explains it well when it is used, Ha-Joon Chang writes a strong narrative about the ills of the capitalist world.