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Information is power. Our mission at Portside is to seek out and to provide information that empowers you -- that empowers the left. Every day we search hundreds of sources to connect you with the most interesting, striking and useful material. Just once a year we appeal to you to contribute to make it possible to continue this work. Please help.

What Does Alexandria Ocasio-Cortez Know About Tax Policy? A Lot.

Paul Krugman New York Times
AOC’s advocacy of a tax rate of 70-80 percent on very high incomes, is obviously crazy, right? Who thinks that makes sense? Only ignorant people like - Peter Diamond, Nobel laureate in economics, arguably the world’s leading expert on public finance

Why Mexico’s New President Is Nothing Like Trump

Seth Harp RollingStone
The U.S. media got the historic election of Andrés Manuel López Obrador all wrong. The winner by a landslide was Andrés Manuel López Obrador, a socialist reformer and unabashed champion of the working class. It’s a hugely significant turn of events.

China’s Bigger Economic Threat

Walden Bello The Nation
Would the US be better off helping stabilize the Chinese economy, rather than gearing up for a trade war?

US Trade Deficits, Trump Trade Policies, and Capitalist Globalization

Marty Hart-Landsberg Reports from the Economic Front
The US trade deficit is the result of a conscious globalization strategy by large multinational corporations. This strategy has greatly paid off for them. They have been able to use their mobility to secure lower wages, reduced regulations and lower taxes.

NAFTA, The Cross-Border Disaster

David Bacon The American Prospect
The trade treaty, now up for renegotiation, has displaced millions of Mexican workers, and many thousands of U.S. workers as well. A U.S. autoworker earns $21.50 an hour, and a Mexican autoworker $3, but a gallon of milk costs more in Mexico than it does here. People were migrating from Mexico to the U.S. long before NAFTA, but the treaty put migration on steroids.
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