The outsize (un)importance of the tarsands
It’s easy to overestimate the importance of the tar sands to the Canadian economy. Tar sands and their pipelines are after all hailed by the ruling Conservatives, sections of the…
neoliberalism
EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs
EU officials plotted IMF attack to bring rebellious Italy to its knees – Telegraph Blogs. The revelations about EMU skulduggery are coming thick and fast. Tim Geithner recounts in his…
The BC education system is broken
I can’t even imagine what it would have been like to go to a school where there wasn’t a regular community of teachers who knew each other and watched me
Banks save over €40 billion in capital thanks to government decree | In English | EL PAÍS
http://elpais.com/elpais/2014/04/24/inenglish/1398330641_511126.html Filed under: Uncategorized Tagged: Eurozone Crisis, finance, neoliberalism, Spain
IMF Urges Redistribution To Tackle Growing Inequality
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.…
Tough austerity measures in Greece leave nearly a million people with no access to healthcare, leading to soaring infant mortality, HIV infection and suicide – Europe – World – The Independent
http://www.independent.co.uk/news/world/europe/tough-austerity-measures-in-greece-leave-nearly-a-million-people-with-no-access-to-healthcare-leading-to-soaring-infant-mortality-hiv-infection-and-suicide-9142274.html Filed under: Austerity, Greece, inequality, Neoliberalism Tagged: Austerity, crisis, Greece, neoliberalism
The New Wave of Financial Instability
The New Wave of Financial Instability by MIKE WHITNEY Global stocks were hammered on Friday for a second straight day on news of a slowdown in China and turbulence in…
QE: Furthering the habit of privatizing gains and socializing losses
“Privatizing gains and socializing losses” could be the motto for the neoliberal era. Alongside this and “there is no alternative”, few slogans better capture the ideology that has been so…
Were This The Best Of All Possible Worlds…
Were I of Dr. Pangloss’ rosy outlook and believed that this is the best of all possible worlds, I might have some sympathy for people like Industry Minister James Moore…
The in-and-out trick: Thoughts on Canada Post, CPP and your child’s breakfast
The past few days have not been great for public services in Canada. Canada Post will be phasing out home delivery of mail. Expansion of the Canada Pension Plan was…
NAFTA at 20: State of the North American Worker
Twenty years since its passage, NAFTA has displaced workers on both sides of the U.S.-Mexico border, depressed wages, weakened unions, and set the terms of the neoliberal global economy. By…
The marketisation of our universities: Economic criteria get precedence over what’s good in human terms | British Politics and Policy at LSE
The marketisation of our universities: Economic criteria get precedence over what’s good in human terms | British Politics and Policy at LSE. Business criteria, not education or the public good,…
Austerity and Human Rights
The Council of Europe Commission for Human Rights has published a report documenting the various ways in which austerity is negatively impacting on human rights across Europe. I have copied…
George Osborne’s Economic Policy: More Poverty, Worse Public Servies
Check out @chakrabortty’s Tweet: https://twitter.com/chakrabortty/status/409810696763760640 Filed under: Uncategorized Tagged: Austerity, Conservatism, neoliberalism
Polanyi on the Persistence of Economic Dogma
In reading Karl Polanyi’s 1944 classic, The Great Transformation, I’ve come across some passages regarding the persistence of the doctrines of economic liberalism (what we would today refer to as…
Competition and the Commercial Spirit
I came across this gem while reading Hayek’s discussion of private monopoly and competition in Law, Legislation and Liberty. Hayek is discussing the relationship between competition and economic rationality, disputing…
Societal Dysfunction and Why We Need Food Banks
A friend made the following, very perceptive, comment the other day, and it serves as the inspiration for this post. What is wrong with us/our governments that we either cannot…
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian
Orthodox economists have failed their own market test | Seumas Milne | Comment is free | The Guardian. From any rational point of view, orthodox economics is in serious trouble.…
Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com
Crash! A brief history of modern global capitalism – audio slideshow | Comment is free | theguardian.com. An amazing slideshow of a century of capitalist development and economic crisis narrated…