Money, Politics, and Power Archives - Page 54 of 819 - The American Prospect problem of capitalism in U.S.

Reps Would Have to Resign From Corporate Boards Under Democrats’ Ethics Bill

At least 15 House reps currently sit on the boards of private companies.

If a single tweet can wildly move prices, maybe there’s a problem with our financial markets.

by David Dayen February 4, 2021

This era of speculation cannot be blamed on GameStop buyers on Reddit. Look, for example, at SPACs.

Let’s put parasitic speculators out of business. How about a lead role for Joe Biden’s most progressive former top aide, Ted Kaufman?

by David Dayen January 28, 2021

Day traders with apps have occupied Wall Street—and shown it to be a sham.

by Eli Clifton January 26, 2021

But a new rule may clear the air.

Through an obscure startup named Rebellion Defense, former Google CEO Eric Schmidt attempts to buy his way into the Biden White House.

The city’s innovative “democracy voucher” program, adopted to diversify campaign donors and candidates, continues to make strides.

Critical developments across sectors of the economy show that the movement against corporate power is winning—at last.

In an age of financialization and monopoly, ‘private-sector experience’ too often translates into those who successfully plunder for profit.