Truthout

  • The Supreme Court Empowers Employers to Lock Out Workers

    By Ann C Hodges and Ellen Dannin, Truthout | News Analysis

    Strike.New York City school bus drivers strike in New York, January 16, 2013. (Photo: Librado Romero / The New York Times)For many years, employee strikes were common and often in the news while lockouts by employers were rare. Today, lockouts have become far more common than in years past. There are reasons employers have become more willing to lock out their employees. 

    In both lockouts and strikes, an employer's workers are not working, so it may seem that the only difference between the two is who made the decision for the employees to be out of work. Employees strike when they think striking will put pressure on their employer to agree to the employees' demands. Employers lock out workers who want to continue working to pressure them to accept contract terms the employer wants.

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  • Workplace Democracy: Equality Over Profit

    Workplace Democracy: Equality Over Profit

    By David Morgan, Truthout | Op-Ed

    Creating a new economy within the confines of predatory capitalism is an immense undertaking. The various oppressions that exist in society at large can insidiously take root in any new project if we don't work to undo their influence. Cooperatives, the democratic businesses leading the way in the struggle for a new economy, are no exception, and can be a difficult undertaking, given the lack of democracy in our daily lives.

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  • The Capone Moment: Could LIBOR Fracture the International Banking Cartel?

    The Capone Moment: Could LIBOR Fracture the International Banking Cartel?

    By Steve Rushton, Occupy.com | Op-Ed

    The connections and complicity evident in the LIBOR rate-rigging scandal – especially on the part of regulators – are a weak point for the global banking cartel, which connects a broad network of financial institutions that until now have been discussed as "too big to jail." But a brief look at the way Al Capone's crime network was toppled by tax evasion in the 1930s reveals similar, delicate threads that could quickly unravel the current criminal banking regime.

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