It's been a decade since the worst financial crisis since the Great Depression, and blacks still haven't fully recovered financially, leaving them unprepared if another recession hits.
Nothing has changed since the 2008 financial crisis. Orthodox theory continues to structure the entire financial industry, yet there is an urgent need to study the social and political nature of markets.
The women elected to the 2019 congress pose for a photo.
Nancy Pelosi/Flickr
After a year of headlines and ousted CEOs, Congress has yet to pass a single piece of legislation on sexual harassment – let alone hold a hearing. That may change as lawmakers get to work in 2019.
No industry should be considered too big to fail, including the auto industry.
(Shutterstock)
Ensuring no industry becomes too big to fail can be achieved by changing the way companies are run. The aim is to develop a sustainable model for corporations.
The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism.
(AP Photo/Tony Dejak)
Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
Some US$4.6 trillion has been made available to stave off financial crises across the world. The problem is that much of this funding is now spoken for, and the list of stricken nations is growing.
Republicans are hoping to eliminate or at least defang the only federal agency tasked solely with protecting consumers from financial abuses. What would we miss if they succeed?
Janet Yellen says another financial crisis is unlikely in our lifetimes.
AAP/ Jim Lo
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it's done today.
Senior Research Fellow, Work & Economic Security, Research & Policy Centre, Brotherhood of St Laurence. Social policy and consumer finance researcher, School of Economics, Finance and Marketing, RMIT University