Tag Archives | Economy Crisis

  • The Corporatist State 2011 Shankbone - The first day of Occupy Wall Street, September 17, 2011. Wall Street barricaded and Zuccotti Park taken. (Photo: David Shankbone)

    A stock market boom amidst a real economy crisis

    Originally published: Peoples Democracy on June 21, 2020 (more by Peoples Democracy)  |

    Altogether, as philosopher Cornel West put it, the U.S. is showing every sign of being a “failed social experiment”. And yet there is a veritable boom in the U.S. stock market. The stock market index Nasdaq has increased by more than 40 per cent since March 23 and is now “within striking distance of all time highs” as one commentator put it.