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Financialization Has Turned the Global Economy Into a House of Cards

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  Truthout is a 5013 nonprofit organization; donations are tax deductible.   BuzzFlash Trump's New

[t]   Sunday, July 23, 2017 [t r u t h o u t] [View Recent Newsletters]( [Tell a friend about Truthout!]( [Donate Today!](   Truthout is a 501(c)3 nonprofit organization; donations are tax deductible.   BuzzFlash Trump's New Communications Director Threatens to "Pare Down" White House Staff if Leaks Don't Stop [Read the Article at Talking Points Memo](   Trump Administration Scraps Obamacare Signup Assistance in 18 Cities [Read the Article at The Associated Press](   Democrats to Unveil New Economic Agenda on Monday [Read the Article at The Washington Post](   Trump Lawyer: Supreme Court Will Decide on Presidential Self-Pardon [Read the Article at Politico](   Trump's DOJ Gears Up for Crackdown on Marijuana [Read the Article at The Hill](   Power Cuts Put Lives of Gaza Kidney Patients in Danger [Read the Article at The Electronic Intifada](   More Than 380,000 Georgia Voters Receive "Purge Notice" [Read the Article at Rewire](     You'll never see a paywall at Truthout and we'll never artificially restrict your access to the news. Reader support keeps our site freely available for everyone. Can you pitch in? Make a one-time or monthly donation today! [Click here to donate.]( [Click here to donate.]( (Truthout is a 501(c)(3) nonprofit. EIN: 20-0031641) [Financialization Has Turned the Global Economy Into a House of Cards: An Interview With Gerald Epstein]( C.J. Polychroniou, Truthout: Finance is inherently destabilizing because it's based on a promise that can be reneged on, or just plain miscalculated, says economist and Amherst professor Gerald Epstein. But the capitalist system that drives modern economies thrives increasingly on debt and quick profits, so when something goes wrong, there's no way to stop the vulnerability from spreading and bringing the economy crashing down. [Read the Interview]( [Former CIA Intelligence Analyst Says Whistleblowers Are Vital to a Transparent Democracy]( Mark Karlin, Truthout: Whistleblowers are particularly vital at this juncture in US politics where the guardrails of democracy -- the Senate and House intelligence committees -- are failing to provide necessary oversight of this authoritarian administration, says Melvin A. Goodman, former CIA intelligence analyst and author of Whistleblower at the CIA. [Read the Interview]( [Journalism Is Dying and Content Marketing Is Taking Its Place (I Know Because I Do Both)]( Tamara Pearson, Truthout: While collaboration between media and the business world is nothing new, it has taken a sinister turn in the digital age. As more and more journalists are forced to make a living as content producers for corporations creating "news" articles, infographics and videos, it's becoming harder to separate the spin from the real, especially when well-respected sites like WebMD carry an undifferentiated mix of both content and news. [Read the Article]( [As the Russia Investigation Heightens, Trump Suggests Pardoning Himself]( Robin Marty, Care2: Throughout the Russia probe, the president has managed to keep the spotlight on others involved with his campaign. Now, however, Donald Trump may finally be worried about his own role. The president has allegedly raised the question of whether he can pardon himself. [Read the Article]( [Citizens Begin Reclaiming Coal Country After Decades of Corporate Land Grabs]( Emma Eisenberg, YES! Magazine: All over Appalachia, communities and organizations are working around the clock to come up with a way to "justly transition" the Appalachian economy to whatever comes next. Part of the answer to a post-coal economy may lie with an old land ownership study. [Read the Article]( [The Limits of the Sandra Bland Act]( Rebekah Barber, Facing South: Two years ago this month, Sandra Bland was found dead inside a Texas jail cell. In June, Texas passed a law named in her honor, but activists and Bland's family members are disappointed by how the law fails to adequately address the factors that led to her death, and they continue to organize in her honor. [Read the Article]( [Anger Grows in UK After Conservatives Vote to Keep 1 Percent Pay Rise Salary Cap]( Gabrielle Pickard-Whitehead, Occupy.com: Anger is escalating in the UK after Conservative Party members of parliament blocked the Labour Party's bid to raise the salaries of public sector workers. The timing of the government's refusal to increase wages couldn't be more damaging. [Read the Article]( [On Fighting Inequality, Which Nations Do More Than Pay Lip Service?]( Sam Pizzigati, Inequality.org: Oxfam, the activist global charity, has just teamed with the Development Finance International consulting group to unveil the first-ever Commitment to Reducing Inequality Index, "a new global ranking of governments based on what they are doing to tackle the gap between rich and poor." [Read the Article]( [Support Truthout with a tax-deductible donation ]( Please add messenger@truthout.org to ensure you receive our messages Truthout is a proud member of the Newspaper Guild/CWA, Local 36047 [Subscribe]( | [Unsubscribe]( [Privacy Policy](   [The Newspaper Guild]

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