The truth is out: money is just an IOU, and the banks are rolling in it | David Graeber | Comment is free | theguardian.com. Back in the 1930s, Henry…
Spain’s poor affected the most among OECD nations in financial downturn | World news | theguardian.com. Spain‘s poorest have been hit harder than any other group in any OECD country…
New Left Project | Articles | Underestimating Capital, Overestimating Labour: A Response to Andrew Kliman. What caused the 2008 economic crisis? In an article published earlier this year by Jacobin,…
He has tried to deny the reality of climate change as long as any crazed person could.Even as he torched the planet, and turned Canada into a hellish place.But the…
As usual, on the rare occasion that the IMF actually understands the destructive nature of austerity policies, it is too little too late. IMF Urges Redistribution To Tackle Growing Inequality.…
Capital courts: how corporations can hold governments to ransom Transnational corporations have won shocking powers to sue sovereign states, writes John Hilary, and they are not shy of using them…
Today’s podcast is a feature interview with fellow political economist Sam Gindin. I interrogate Sam about the political economy of the present: the exit from the 2007 crisis, the role…
Radical Democracy and Collective Movements in Greece, Spain | Euro Crisis in the Press. By Marina Prentoulis and Lasse Thomassen The 2011 movements of the squares, the ‘aganaktismenoi’ and ‘indignados’…
7 March 2014 Cecilia Olivet Profiting from Crisis is a story about how corporations, backed by lawyers, are using international investment agreements to scavenge for profits by suing governments from…
Filed under: Uncategorized Tagged: Capitalism, crisis
Filed under: Uncategorized Tagged: Capitalism, crisis
Creating radically democratic solutions to the financial abduction of Europe | openDemocracy. LOTTA TENHUNEN and ADRIÀ RODRIGUEZ 6 March 2014 Last weekend we participated in the European meeting and seminar…
It’s easy to get confused about who is a worker and who isn’t these days. Your CEO may worker longer hours than you, not the top-hatted capitalist of the Monopoly…
This is no recovery, this is a bubble – and it will burst | Ha-Joon Chang | Comment is free | The Guardian. According to the stock market, the UK…
Yesterday I tweeted this: <blink> Gap will raise minimum hourly pay Walmart “looking” at support of min wage raise In honour of the momentum, I am posting the piece I…
http://www.social-europe.eu/2014/02/middle-class/ Filed under: Capitalism Tagged: Britain, Capitalism, France, investment, productivity
Eighty years ago, Keynes famously predicted that within a century people would need to work no more than three hours per day. High living standards aided by technological breakthroughs would…
A “dream palace,” The Globe and Mail’s Jeffrey Simpson calls it. Inside that dream palace, the First Nations allegedly live in a fairytale land of sovereignty, respect and healthy relations…
A “dream palace,” The Globe and Mail’s Jeffrey Simpson calls it. Inside that dream palace, the First Nations allegedly live in a fairytale land of sovereignty, respect and healthy relations…
The Middle Class Is Steadily Eroding. Just Ask the Business World. – NYTimes.com. In Manhattan, the upscale clothing retailer Barneys will replace the bankrupt discounter Loehmann’s, whose Chelsea store closes…
