fix articles 829, economic
State Investments and the Public Sector (tags)
The public infrastructure is something positive, even from a business perspective. it is a kind of advance concession, increases the entrepreneurial production potential and lowers the production costs. If state investments are trifling, this will have negative long-term effects
The Future as Transformation (tags)
There is no future with present-day capitalism. Capitalism stands for a movement of endless profit-making. Only a radical breach with the capitalist accumulation dynamic can nurture the hope of a reasonably tolerable future for human civilization on this planet.
The Shortwave Report 01/26/18 Listen Globally! (tags)
A weekly 30 minute review of international news and opinion, recorded from a shortwave radio and the internet. With times, frequencies, and websites for listening at home. 3 files- Highest quality broadcast, regular broadcast, and slow-modem streaming. Radio Deutsche-Welle, Sputnik Radio, Radio Havana Cuba, and NHK Japan.
Government Shutdown Solutions Could Leave Out Disaster Aid for Puerto Rico (tags)
As the Senate and White House struggle to avert a government shutdown, US disaster victims from Puerto Rico to Texas worry a deal on relief and recovery aid will continue to be delayed.
Is Economic Speculation a Form of Structural Violence? (tags)
According to neoclassical economic theory, the financial markets return to equilibrium. Problems only occur because of state intervention. The roaring twenties led to an enormous stock euphoria. In 2018, companies inflate their stocks in a $70 billion stock buy back program.
Sharing, not Killing (tags)
Refused sharing and rediscovery of sharing are signs of this time. "This economy kills." So Pope Francis judges socio-economic conditions. Taxing the rich is vital. With additional revenue, workers would not feel threatened by immigrants
Philippines - Why there is nothing Revolutionary about the call for a "Revolutionary Govt" (tags)
Statement of Dr. Walden Bello, National Chairman of Laban ng Masa (Fight of the Masses), Nov 30, 2017
US and China: International Policy as a Zero-Sum Game (tags)
After a half-year in office, a coherent foreign policy strategy under Donald Trump is not in sight. The US and China have very different ideas about creating prosperity and security. 600 million Chinese gained prosperity in the last 40 years.
The Welfare State in Crisis (tags)
Since 2008, crisis was the defining political theme. "No one should be fooled about the majority will of the population regarding taming wiled finance capitalism. The system could only be bailed out from collapse with taxpayer guarantees." (Habermas 2010).
IMF Reports Global Growth and Releases New Ways to Predict Economic Crisis (tags)
The International Monetary Fund (IMF) releases its biannual report on global economic stability and presents new indicators it says can help predict financial crisis.
The Fairy-tale of the End of the Financial Crisis (tags)
Between 2008 and 2010, the EU Commission approved state aid of 4.3 trillion euros. The potential crisis of the global economy has grown and not declined. A system crash was prevented by the actions of central banks and states.
Limits to Growth Published Forty Years Ago (tags)
The MIT scholars under Dennis Meadows came to four core conclusions: 1) there are limits to economic growth on finite planet, 2) the economy and population are growing exponentially, 3) exceeding limits will lead to collapse and 4) collapse could be avoided by turning from growth
Tax Avoidance: Drastic Consequences for the Public (tags)
Taxes are the most important foundation of all government activities and public services. Corporate economic activity and profits cannot be clearly assigned to individual nation states anymore. Founding offshore centers is child's play Tax avoidance and tax fraud lead to revenue crisis
How the World Heads for the Next Crash (tags)
Governments secure the money of the rich. State debts have grown in nearly all countries of the world since 2010. Ten years after the outbreak of the financial crisis, the economy is again in a standstill or mired in crisis. Trump wants to cancel the recent bank regulations and cut corp taxes.
Economic Stagnation and its Mastery (tags)
Corporate profits explode while investments stagnate.Social housing declines with privatization. According to neoliberal theory, higher profits lead to grater investments and more jobs. In truth, higher profits lead to more use of tax havens and companies buying back their stock.
The President as Businessman (tags)
Trump's gigantic tax cuts will only benefit the rich. Revenue losses of six trillion dollars are expected for the first decade after the Trumpian tax cuts start. Trump sells the illusion that the old order can be restored.
Memorandum 2017: Alternatives for a Solidarity Europe: Instead of "Germany First" (tags)
The European Union is at a crossroads. The reason lies in the neoliberal redistribution policy favoring capital incomes over many years. "Mass unemployment intensified and was not ended in Europe. Millions of those with work are in precarious working conditions."
Neoliberal Austerity Leads to Deeper Crisis (tags)
A high state share in the economy, developed social states and readiness to intervene actively and anti-cyclically prevent falling into a depression. Trump's demonizing regulation, Medicaid, public schools, Head Start, Meals on Wheels, taxation and democracy must be resisted
Puerto Ricans Gather at Diaspora Summit as Island Begins Bankruptcy Process (tags)
Puerto Ricans from across the United States and the Caribbean island are meeting in New York City to discuss the island's economic crisis.
Capitalism in the Faith Crisis (tags)
Trust in the "invisible hand" is a religious exercise ensuring a rule over people that is destructive and fatal. Christians and Marxists wage a common struggle against the spirit, logic, and praxis of the false money-god and its servants.
Competition Ideology and Power Reality (tags)
Competition cannot be an end-in-itself. Uncontrolled private power leads to misuse. Uncontrolled competition increasingly destroys itself through concentration and centralization processes. Bastard Keynesianism helps the banks. People diverted from real cause of crises
Trumponomics: Failure Pre-Programmed (tags)
Macro-economic and ecological connections are simply ignored with the concentration on short-term profit. The planned reduction of corporate taxes from the current 35% to 15 or 20% recalls the Laffer-curve as the basis of Reagan's fiscal policy error.
Global Economic Risks Ahead Warns International Monetary Fund (tags)
The International Monetary Fund (IMF) released its bi-annual report on global economic stability, warning that the financial system could face serious risks in the year ahead.
Private Enterprise Committed to Social Interests (tags)
Social needs like energy- and water-supply, the waste industry, education, senior pensions and health care can be solved better publically than privately.
Puerto Rico Oversight Board Holds Economic Growth Meeting (tags)
Puerto Rico's Financial Oversight and Management Board meets in San Juan to discuss economic growth proposals for the island.
Europe turn left (tags)
After the economic crisis in 2008, the neoliberal fairytale of austerity was given a new boost. The neoliberal ideology reflects the idea the dismantling of the welfare state is urgently needed. Austerity means that all state expenditures are reduced to a minimum...
Unemployment and Inequality (tags)
"The past will devour the future" if there is no radical change of direction in economic development. That is Thomas Piketty's prediction. Piketty sees the solution in a global capital tax or wealth tax.
Puerto Rico Governor Releases New Fiscal Plan (tags)
Puerto Rico's Governor Ricardo Rosselló released a new fiscal plan that seeks to balance the island's budget by 2019.
America under Donald Trump (tags)
The "elite-mass split," the tear between the establishment and the masses, damages American democracy. As a damaged democracy, there is very low trust in the competence of the government. The official unemployment figure of 4.9% is regarded as a distortion of reality.
Attempt the Impossible! Theses for a New Left Majority (tags)
The Brexit vote and the American presidential election have dramatically accelerated the crises of classical neoliberal policy. The exit from neoliberalism can only succeed in a social movement and cannot only be a matter of a government or of the parties.
Trumpism and the Working Class (tags)
Trumpism understood via Dimitrof
President Trump - We are Witnesses of a Turn of an Era (tags)
Trump manageed to stage himself as a candidate who waged a crusade against the political establishment. Does politics only give more to the top 1% and lose sight of the remaining 99%. Insulting voters is not competence.
Rethinking Economic Policy! (tags)
The economic crisis calls for social-democratic answers. The fading mass purchasing power (in Germany) is due to the increasing inequality of income and wealth. Deregulation promotes social problems like precariousness and greater income inequality.
The Descent Society (tags)
A society of social descent, precariouisness and polarization has emerged out of the society of ascent and social integration. The modern age continues developing but backward. The social state, is a de-commodifying institution since it socializes risks.
The Civilization Crisis: Post-Factual Criticism of Politics (tags)
In Trumponomics, falling tax rates for businesses should increase tax revenues. When businesses do not invest in an under-financed infrastructure, the tax gifts lead to lower stater spending and higher stater debts at the end.
Philippine President Duterte: A fascist original (tags)
'Like the anti-Marcos resistance 4 decades back, the only certainty members of the anti-fascist front can count on is that they’re doing the right thing. And that, for some, is a certainty worth dying for'
Low Taxes is an Act of Desperation (tags)
A low business tax can be counter-productive if a deadbeat infrastructure arises through lower state revenues. Lowering business tax rates leads first to enormous budget holes. Employees will bear this burden at the end.
Donald Trump as the Antithesis of Liberal Politics (tags)
Was this a victory of a show over substance? Was this a triumph of anti-intellectualism rampant for years? Trump capitalized on the economic plight of a very concrete section of the population. Today the US is a source of fear for the rest of the world
Video: How to Know if Your Country Is Heading Toward Despotism, 10 min (tags)
Nobody likes a despot — even despots know it. But actually identifying despotism can pose a certain difficulty — which despots also know, and they’d surely like to keep it that way. Hence Encyclopedia Britannica’s Despotism, a ten-minute Erpi Classroom Film on how a country slides into that eponymous state.
The ABCs of Meaningless Economic Phrases (tags)
The most common myths start from the tax state that burdens the economy, the housework ordered by the state (save,save,save) to the Schwabian housewife prescribing the austerity creed. Politics must tend to every need of capital as a scared doe and therefore lower taxes.
Public Risks, Private Profits and Prosperity (tags)
All personal and corporate achievements are based on state investments in roads, schools, hospitals, community centers, airwaves, food safety, and water quality. The Apples and Googles of this world are businesses that developed the results of state-financed basic research...
Manipulation of Public Opinion (tags)
Timocracy-rule of the propertied-threatens to replace democracy. The large majority is blocked from political participation and from forming their social future-unlike what was intended in the model of the majority principle in democracy.
The class struggle of th Libertarian presidential candidate Gary Johnson (tags)
The Libertarians’ economic program voices the economic grievances of some of the more economically insecure layers of the American middle class through their criticisms of the domination of the major banks and corporations. Based on conceptions which originate in the right-wing and anticommunist Austrian School of bourgeois economics
The Supposed "Omnipotence" of Politicians (tags)
The key to a new peace policy could lie in denouncing mechanisms of economic coercion that are not only states and politicians. As the warnings of Eisenhower and JFK teach us, politics is massively subject to the influences of economic power.
Ethics and the Profit System: Global Change of Values Necessary (tags)
Profit-making is not profit-maximizing. From the magic word profit-mongering is derived the absurd unequal distribution of wealth, cheating of consumers, the exploitation of workers and ultimately the abolition of democracy. An invisible hand makes business profit into common good
Poisoning the Well, or How Economic Theory Damages Moral Imagination (tags)
Markets are human inventions. Today's neoliberal economic dogma creates myths that strengthen the most powerful, most greedy, and most short-term economic actors and undermines the normal longings of people.Structures must change
Neoliberal Crisis Policy has Failed (tags)
The term "invisible hand of the market" goes back to Adam Smith. This assumes all economic activity promotes the common good. Neoliberalism's survival is surprising because its theoretical assumptions are dubious. People cling to neoliberal prescriptions against reality.
Growth Criticism and Reduced Working Hours (tags)
Today's growth critics speak of the necessity of a post-growth society, a "renunciation society" or at least of a "green" capitalist model... A political transformation process is necessary. The economist John Maynard Keynes dreamt of a time when his grandchildren would only have 15hr wk.
US Economy: False Diagnoses and False Solutions (tags)
Hillary Clinton's and Donald Trump's economic plans are too simplistic. Innovations and ideas are lacking. Many people despair. Washington did not always ignore the middle. FDR's New Deal built 165K public buildings.
US and Puerto Rico Faith Groups Send Congress Recommendations on Island's Crisis (tags)
Religious leaders in Puerto Rico and Jubilee USA urged a new Congressional task force to reform US laws to promote economic growth in Puerto Rico.
The Digitalization of Labor (tags)
Robots and algorithms are ready to automate many activities like the manufacturing robot Baxter... John Maynard Keynes dreamt of a future in which the work week of his grandchidren would by only 15 hours.
Growing Inequality Harms the Political Economy (tags)
Neoliberalism and finance market capitalism encourage creating money out of thin air, exploding inequality, precarious work and environmental destruction. Wages are not only a cost factor but an important demand factor leading to either investments or social blight.
Iron Fist in Turkey (tags)
It’s enough to read just a few lines of the bourgeois press to get an idea of what will happen after the failed coup of 15 July: “The iron fist of Erdogan after the failed coup in Turkey: I am ready to reinstate the death penalty. 8000 police officers were suspended, opponents were stripped naked and hog-tied. The European Union: If executions resume, Turkey will not enter Europe“(1).
UN Summit Reaches Debt, Tax and Trade Agreements (tags)
Member countries of the United Nations Conference on Trade and Development (UNCTAD) renewed a mandate for the UN agency on economic issues. The agreement will guide UNCTAD's work for the next four years.
The Social State Benefits All of Us (tags)
The social state can on ly fulfill expectations when financed on a broad and just basis. The social state must be adjusted to do justice to the pressing challenges.."The social state is the greatest cultural achievement in the 20th century"
Holy See Calls on UN Development Summit to Build an Inclusive Economy (tags)
Cardinal Peter Turkson, president of the Pontifical Council for Justice and Peace, called on a United Nations development summit to address debt, tax, trade and environmental policies that impact poverty.
The Totalitarianism of the Market (tags)
Neoliberalism demands reeducation for its implementation like command socialism. The neoliberal view of the person is exemplified by the figure of the Homo Oeconomicus and is the antipole of the socialist person. All persons are entrepreneurs of themseves.
Basta Ya, Brussels! British Voters Reject EU Corporte Slavestate (tags)
“The EU is an instrument of the ruling classes of Europe for the imposition of brutal austerity measures—most directly on the workers of Greece, of Spain, Portugal and Ireland, but also on workers in the UK, France and Germany….Prime minister, Cameron, has even proclaimed an “Age of Austerity” as his government imposes cuts of £210 billion, (€263 billion), equivalent to over 10 percent of Britain’s GDP, at the cost of the destruction of 20 percent of all public sector jobs, millions more in the private sector and the decimation of vital services.
FDR's First 100 Days (tags)
The Works Progress Administration created 651K miles of highway, 124K bridges, 8K parks and 125K public buildings including 41K schools. In the US of Amnesia, corporate subsidies are called public necessities and public welfare unnecessary Orwell warned us of this inversion of language.
Who Owns the Sky? The Climate in the Globalization Trap (tags)
The bad news is that there are more inconvenient truths. Climate change is present, not future. Globalization and protection of the atmosphere do not go together. Climate policy has a past. Economic profit dominance always has a priority over climate protection.
Planned Crises or Alan Greenspan's "Tsunami" (tags)
Greenspan knew his policy would create a financial bubble that ultimately had to burst. The subsequent crisis was consciously accepted since it speeded up the process of creative destruction. Lessons from the 2008 financial meltdown include shrinking the financial sector and expanding the public sector.
Philippines: Rodrigo Duterte’s One-Man Revolution and the CPP (tags)
Rodrigo Duterte’s authoritarian vision is no way forward for the Philippines.
House Republicans Convene to Discuss Puerto Rico Legislation (tags)
Speaker Paul Ryan is holding a special meeting with Republicans to discuss the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA). Ahead of the Republican special session, Jubilee USA sent a letter from its executive director advocating passage with key changes.
The Financial Crisis in the Light of the Social Market Economy (tags)
In 2007 and 2008 the US housing market almost completely collapsed. The crisis was brought about by a combination of state- and market failures. Extensive deregulation and violation of the liability principle were jointly responsible.
How Much State Does the Social Market Economy Need? (tags)
The use of property is only legitimate within the limits of the public interest. Whoever takes a risk must bear it and be liable for the losses. The state has the political task of laying down effective rules for risk assessment, liability and providing transparency. Distributive battles intensify.
Politics in the Age of Acceleration and Sharing (tags)
Why do international crises always come over us so suddenly, seemingly without any signal? This happens because we consistently ignore all the signs. We want to know everything in real time-and miss the big connections. Whoever sows weapons reaps refugees.
Capitalism as a Religion (tags)
"Capital is the only god that the whole world knows, sees, touches, smells, tastes and excites all our senses. It is the only god that doesn't encounter any atheists" (Paul Lafargue's little known genial satire "Religion of Capital" from 1887.
Austerity Against Democracy, 40 pp (tags)
How much state does the social market economy need? What lessons should be drawn from the 2008 financial meltdown? What happens to trust when financiers are above the law?
Energy for tomorrow, 15 pp (tags)
“The time of cheap and abundant energy comes to the end. It is the beginning of the transition of the fossil era to a post-fossil age, a transition which will be in the same measure fundamental and decisive as it was the by fossils imprinted industrial revolution of about more than 200 years ago”.1
Ignoring the Limits (tags)
This crisis is only another warning shot of the current economic system and offers a window of opportunity to leave behind the neoliberal path of development taken since the end of the 1970s. The root of the problem is the economic model based on growth and exploitation of nature.
Farewell to Homo Oeconomicus (tags)
Capitalism is not running so well. Is this because people are judged wrongly with misguided models? Don't competition and cooperation strengthen each other? Why is the SF-condo model praised to the skies and the Vancouver BC- community center model scorned as unrealistic?
Capitalism's growth problem (tags)
Contemporary capitalism has a big problem. And no one seems to be able to refute it. The problem, as Robert J. Gordon sees it, is that economic growth is slowing down, it has been for decades, and there’s no prospect for a resumption of fast economic growth in the foreseeable future.
Congressional Hearing Examines Puerto Rico Debt Crisis (tags)
The US House of Representatives held its second hearing on Puerto Rico's debt crisis this year. The hearing focused on potential legislative solutions including bankruptcy protection and an economic oversight board
Economic Multicutural Strangulation in US 2016 (tags)
We welcome immigrants. However certain subgroups are getting the lions share of visas both temporary and resident as well as the jobs. This economic cancer must be turned around before more locals are threatened.
Oxfam Study: Six Reasons to be Outraged (tags)
Whether inequality harms or benefits was disputed for a long while. It could motivate individuals to more effort and stimulate growth, one side believed. It takes the chances for education and development from those who are poorer, the other said... Money buys power.
Economic Inequality Divides Economics and Society (tags)
An unequal distribution of income paralyzes the whole economy... Redistribution from top to bottom in a national economy ultimately depends on which social groups can enforce their interests more strongly.
Social Inequality Today (tags)
The neoliberal rollback has created growing instabilities. An advancing process of de-democratization and social re-feudalization is connected with the rise of the new "super-rich." Piketty warned of the growing inequality between rich and poor.
The Crisis of Economists (tags)
The mainstream economy doesn't know what an argument is any more. Claims or assertions are made. This neoclassicism is not a science but resembles a religion that proclaims dogmas. The economy is a social science that offers interpretations.
Video: It's Time to Get Radical On Inequality, Stiglitz, 18 min (tags)
We are the least consistent with the American Dream. An economic system that doesn't raise standards is a failure.
Freedom and the Market (tags)
Neoliberalism as a movement and ideology is a world of ideas where egoism and personal responsibiilty are celebrated, the social is faded out and no place exists for solidarity and social balance. Everyone is the creator of his own happiness here.
Criticism of Market Theory and Market Ideology (tags)
Market fundamentalists cling to the myths of the self-healing market and corporate beneficence..The real market economy functions very differently than the fantastic notions of the theoretical market economy. Maximum individual profit does not agree with social welfare.
Quandary & Crisis Facing USA (tags)
My opinion follows on serious economic and political challenges on the horizon.
The Rich are the True Social Parasites (tags)
In the past, social events and revolts shaped a generation. That changed in the 1990s. Identity is drawn from the consumption of brands. Therefore the public longing today is for better products and no longer for a better world.
Casino Capitalism and Profit Maximization (tags)
In the 1960s the average holding time for stocks was 10 years. Now the holding time is not 9 months but 22 seconds. Like shareholder value, profit maximization leads to exploding inequality and the waste of resources. States are weakened by tax cuts.
Indigenous Hispanic areas also Economic Rights US (tags)
Many Central and South American countries claim to have indigenous populations. This is true and false. Panama, Costa Rica Venezuela and Colombia have rates under 2% each. The substantialsubstantial populations are in
Economic Crises as Sicknesses and Catastrophes (tags)
The 2008 financial crisis is often wrongly described as a "state debt crisis" where cause and effect are inverted and economists and the market are released from responsibility. Sickness and catastrophe metaphors dominate discussion
Capitalism is the Problem (tags)
Prosperity in large part is based on the ecological and social exploitation of poor countries in Africa and Asia. Today 20% of humanity consume 80% of global resources. The poor are played off against each other while the richest hide billions in tax havens.
Witness Venezuela’s Elections This December-6, 2015 (tags)
This December, witness one of the most important elections in the history of Venezuela, and of the hemisphere. On December 6, the people of Venezuela will exercise their right to vote in elections for deputies to the country’s National Assembly. Voters will decide whether to carry forward the Bolivarian Revolution by retaining a Chavista majority in the National Assembly or return the political intitative to the traditional elites represented by most of the Democratic Unity Roundtable (MUD).
Reviews: Submission as Freedom. Life in Neoliberalism (tags)
The challenge of neoliberalism took an offensive form in the global North with the victories of Reagan and Thatcher. No coup and no dictatorship were needed to gain mass support for carrying out the political ideological hegemony Stagnation, unemployment and futurelessness
Philippines: Unions decry deceptive, vague ‘labor agenda’ of APEC (tags)
ORGANIZED workers sneered at the so-called labor agenda in the upcoming Asia-Pacific Economic Cooperation summit in Manila next month by describing it as deceptive and vague, which merely reaffirms APEC’s ideology based on the primacy of corporate power and profits over labor and trade union rights.
Memorandum 2015 (tags)
For 40 years, the Bremen study group has published memorandums. The council of experts promoted the profits of businesses, not aggregate economic demand. Mass unemployment surpassed the 5 million mark because of neoliberal structural reforms.
Putin Straight Talk (tags)
End Climate Crimes (tags)
“Every city in our country has some serious similarities to New Orleans. Every city has some abandoned neighborhoods. Every city in our country has abandoned some public education, public housing, public healthcare, and criminal justice." (Bill Quigley quoted by Naomi Klein)
Hedge Fund Threatens Trade Tribunal to Sue Peru for Old Military Debt (tags)
A US hedge fund is threatening to sue Peru for $5.1 billion over decades-old military debts it bought.
Obama Approved Israeli West Bank Violence (tags)
State Indebtedness: The Beloved Enemy (tags)
"The slow one now will later be fast as the present now will later be fast." The state unlike the Swabian housewife can become indebted to invest in a more social and more human future. All personal and corporate profit depends on state investment in roads, schools, food safety etc.
Jeremy Corbyn's Economic Vision (tags)
Can Keynes Rescue Europe from the Euro Crisis? (tags)
Keynes' theories and concepts were pushed back with the rise of neoliberalism in the 1980s. A complete change of course occurred when state spending cuts, lower wages and devaluations failed. The state spent money to create demand for products and services.
Irresponsible US China Bashing (tags)
The Useful State (tags)
With slogans like "Less State, More Private," the state was run down for years. Neoliberal ideology managed to present it as a bureaucratic monster. Banks were bailed out. In the emergency, the most wicked neoliberal becomes the state fan. The history of innovations shows the state takes risks
Dollar As World's Reserve Currency Threatened (tags)
Gaza: A Socioeconomic Dead Zone (tags)
Farewell to Homo Oeconomicus (tags)
The model of homo oeconomicus is antiquated and over-simplified. Dominant economic models are not based on a realistic picture of humans... The model does not know different human human motives that could be differently activated depending on the context.
Differing Views on China (tags)
Living and Working Differently and Self-Optimization (tags)
How did neoliberal policy gain a mass influence? To neoliberalism, we must soon oppose a great alternative narrative of freedom, democracy and solidarity before the social dislocations neutralize the positive resources amid a collapsing world climate.
Witness Venezuela’s Elections This December-6, 2015 (tags)
This December, witness one of the most important elections in the history of Venezuela, and of the hemisphere. On December 6, the people of Venezuela will exercise their right to vote in elections for deputies to the country’s National Assembly.
Israel Bombs Syria (tags)
From the Free Economy to the Share Economy (tags)
n 1970 the economics Nobel Prize winner Milton Friedman argued the social responsibility of business was only maximization of its profits. This is not true any more today. The responsibility of businesses goes beyond profit maximization. More can be demanded of those with power/
Philippines: Binay tirades smack of desperation (tags)
Philippine Vice-President Jejomar Binay’s attempt at delivering a “True” State of the Nation Address (TSONA) suffers from a very basic flaw: a lack of credibility in the one delivering it. His antics reek of desperation against the mounting cases of corruption against him. Binay, in the course of losing his grip on the Presidency is trying to grasp at straws to deflect issues.
Deepening Greek Depression (tags)
Greece: Approving Its Own Death Sentence (tags)
Reduced Working Hours as a Socio-Economic Investment (tags)
In these Austrian articles, reduced working hours is seen as a socio-economic investment, not as a cost-trap. In a 1909 study by Sidney Chapman, shorter working hours leads to higher productivity and greater output. More time sovereignty and better health of workers would be long-term gains
Life in Donetsk: Resilient Despite Obama's Continuing Proxy War (tags)
Entrapping Greece in Debt (tags)
US-Installed Ukrainian-Style "Democracy" (tags)
Greek Bailouts for Creditors, not Economic Recovery (tags)
New York Times Big Lies (tags)
TTIP: Trifling Economic Advantages at the Cost of Democracy and the Public Interest (tags)
TTIP represents a crisis for democracy and the constitutional state. Richard Trumka of the AFL-CIO describes the TTIP as “secret tribunals” where only “foreign investors” can sue. Frank Bsirske of the German Verdi service union said the TTIP is a “black box” transferring sovereignty.
Obama Wants Regime Change in Ecuador (tags)
Irresponsibly Freezing Russian Assets (tags)
TISA vs Public Services, 28 pp (tags)
The TISA is among the alarming new wave of trade and investment agreements founded on legally binding powers that institutionalize the rights of investors and prohibit government actions in a wide range of areas only incidentally related to trade.
Greece Defies Washington: To Join Russia's Turkish Stream Pipeline Project (tags)
oil and gas politics
The Lie of the Weak State (tags)
The good condition of German labor markets is in reality in a catastrophic state...Unemployment is an "act of violence" against every unemployed person and represents an enormous waste for society as a whole.
Free Trade and Economic Growth instead of Democracy and Ecology (tags)
The TTIP agreement between the EU and the US creates a parallel private arbitration system where corporations can sue states for lost profits and decisions are irrevocable. Labor and environmental regulations can be invalidated as “takings” or “indirect expropriation.”
US Defense Department's Fabricated Chinese Threat (tags)
Philippine President Aquino no longer deserves any support from workers and trade unions (tags)
THE workers and the trade unions throughout the world mark today the International Labor Day – 125th anniversary globally and 112th celebration here in the Philippines. This historic and revered day has been an enduring and stirring symbol for the working class despite serious setbacks caused by multipronged and systematic neoliberal attacks against the workers, the masses and their organizations, which have seriously threatened to dilute if not totally wipe out the hard-fought sociopolitical gains achieved by the labor movement in the past hundred years or so.
Obama's Duplicitous V-Day Remarks (tags)
Deepening Sino/Russian Ties (tags)
On the End of Capitalism (tags)
The bridge from capitalism to the new "post-growth economy" is lacking. Hardly anyone reflects about the process of transformation...If the climate should be spared, flying cannot be a human right. The R-word will be unavoidable again: renunciation.
A Divided Society (tags)
Average wages in the US are lower than 30 years ago. Profits and income inequality explode, not investments. The austerity policy that has always worsened unemployment and economic growth is promoted as without alternative by German chancellor Merkel.
Overdue farewell to dogma (tags)
Mainstream economics did not see the crisis coming – and so far it has not done much to overcome it. However, at least in the USA, a rethink has started.
IMF Reports Debt and Human Crises Drive Uneven Growth (tags)
Global Stability and Economic Outlook Reports Released
Fast Track, TPP and TTIP Should Be Scrapped! (tags)
How scandalous that communities and states should lose sovereignty to corporations! In the TTIP, corporations can sue states for lost profits. Public interest legislation can be called a trade barrier or indirect expropriation.
Greece Proposes Plans to Tackle Tax Evasion and Corruption (tags)
Greece submitted a list of economic reforms to the European Union (EU) in an effort to secure emergency financing.
Seeing behind the Global iron Curtain. (tags)
What I saw behind the Global iron Curtain which, in my view, exists between the UN and the rest of humanity. I describe what I consider to be very much of enormous and profound importance hidden from people.
Hypocritical and Hippocratic Economic Policy in Europe (tags)
The crisis is multilayered-a bank crisis, a crisis of wealth distribution and a misallocation of capital between long-term real investments and virtual financial investments.. The frugal Schwabian housewife is not a suitable model.
Less Growth and Less Work (tags)
French economist Thomas Piketty described neoliberalism or finance capitalism as an "inequality machine." Profits soar and investments are delayed. Keynes spoke of three phases: investments, surplus and stagnation. Reduced working hours is the only way to full employment.
Degrowth - a vocabulary for a new era, 19pp (tags)
From a degrowth perspective, the current economic crisis is the result of systemic limits to growth. It is not a cyclical crisis or fault in the credit system.
Growth, Prosperity and Quality of Life (tags)
"Our understanding of a modern economic and social system is strongly influenced by the phase between 1950 and 1975 when the social market economy was created and democracy was re-stabilized. Since then conditions have changed. New answers are necessary."
Washington Declares Political and Economic War on Russia (tags)
Growth Criticism and Social-Ecological Transformation (tags)
Unlike a chair, an idea can be shared by a whole people. Words can be like spears breaking frozen souls. (Kafka) Education is the great transformer (John Kenneth Galbraith). Economics as taught today is like brainwashing. (Ulrich Thielemann) Incentives to investing in the real economy are vital after the phase of credit- and bubble prosperity.
Washington and Kiev Willfully Sabotaging Minsk Agreement (tags)
The New York Times War on Truth Revisited (tags)
Venezuelan Anti-Imperialist Enabling Law (tags)
Ukraine on the Boil: Washington Prepares for Greater War (tags)
Poroshenko Prepares for More War (tags)
Homo Economicus and Dethronement of the Profit Principle (tags)
Max Frisch summarized economism int he formula: "what brings profit is rational." Economism is a business ethics conception, a justification theory for profit maximization that declares ethics superfluous. Ultimately this is an "ethic" without morality.
Profit-Making is Different Than Profit-Maximizing (tags)
Discussions of jobs and the economy are often marked by trivialization, distortion, unreality and wishful thinking, The neoliberal model promotes profits, not investments and rationalization and digitalization lead to mass unemployment. System analysis and market failure are often glossed over
TTIP: Trifling Economic Advantages at the Cost of Democracyand the Public Interest (tags)
The controversial investment-protection agreement establishes a parallel justice giving security to all investors.. The states would be liable for compensation for any lower profits.. We all know our plane can only survive when we do everything for a sustainable economy.
America's Interventionist Legacy (tags)
The Catastrophe has Already Begun (tags)
Capitalist growth has become the problem, promotes famines and strangles full employment. Can the world be rescued? Mass unemployment has never lasted as long as today; global problems increase... A change of consciousness is necessary so the population strives for justice.
Dr. Jill Stein for President (tags)
Imagine a presidential candidate not stuffing her pockets and legitimating the status quo of lobbyists writing laws, unending wars, tax evasion by corporations in the Cayman Islands and exploding inequality! Alternatives of community centers and reduced working hours are possible!
US Orchestrated Coup Plot in Venezuela? (tags)
TTIP: Redistribution of Power, not Free Trade (tags)
The TTIP (Transatlantic Trade and Investment Partnership agreement) involves the redistribution of power away from the parliaments and to the executive and its unelected lobbyists. The TTIP does not involve freedom of trade.
Heading for War with Russia? (tags)
Greek Election: Mixed Messages, Hold the Cheers (tags)
US/UK Special Relationship: Partners in High Crimes Against Humanity (tags)
Oil Prices: What Goes Around Comes Around (tags)
How Economists Change the World (tags)
Theory development is also a war over dominance. The goals of Hayek's war were expulsion of the Keynesians, liberalization of the financial markets, abandonment of full employment policy, dismantling the social state and weakening unions.
Thomas Piketty and the Growing Inequality in Capitalism (tags)
"When capital profit is permanently higher than the growth rate for production and income which was the case up to the 19th century, capitalism automatically produces unacceptable and arbitrary inequalities that radically put in question the achievement principle..."
New York Times: Enemy of Truth (tags)
Corporate Predators Want Compensation for Lost Cuban Assets They Stole (tags)
Ukraine Headed for Disaster (tags)
America's Deadly Embrace (tags)
Putin's Annual Marathon Press Conference Tour De Force (tags)
Economics is Onesided and Reactionary (tags)
The homo oeconomicus cannot be our hope and is not desirable or future-friendly. The economic benefits to the capitalist entrepreneur are in contradiction to nature and to the person..We face completely oversized financial markets that have uncoupled from the real economy creating value.
For a Different Economics (tags)
Economists are criticized everywhere for their onesidedness, their focus on markets and their inability to deal with the burning problems... From neoclassical assumptions "more is better" or markets lead to efficient distribution, a perspective on the world results that sets efficiency over justice
Market Euphoria: The Mother of All Ponzi Schemes (tags)
Ukraine: Central European Powder Keg (tags)
Phony Kiev Day of Silence (tags)
US House Declares Cold War on Russia (tags)
Capitalism and Its Crisis Proclivity (tags)
The liberal economists of the 19th century claimed no crises could occur in capitalism since every supply creates its demand. On the other hand, Marx and Engels recognized early on the causes for crises in capitalism. The contradictions of the accumulation process lead to crises.
Austerity Policy as Momentous Mistake (tags)
The IMF's austerity policy of the last years was misguided. That austerity policy led to intensified growth declines and increasing unemployment... Public investments could raise economic growth both in the short- and long-term.
Ukraine: Waging War During Economic Crisis Conditions (tags)
Why Austerity Kills (tags)
The poorest and weakest persons must pay the price for misguided political decisions. Political-economic decisions decide over the life and death of persons. The New Deal stands for an effective debt reduction. Germany has been an active driver of austerity.
Stop the TTIP! (tags)
The European Commission suspended the secret TTIP negotiations for four months to get citizen consultation on the Investor-State-Dispute SettlementThis proposed parallel system with 3-person courts of arbitration allows corporations to sue for lost profits. Decisions are irrevocable.
Putin Prioritizes Strong Sino/Russian Ties (tags)
CT Repub. Candidate Tom Foley's Role As G W Bush's Biggest Crony During the Iraq War (tags)
Like Paul Bremer, 'czar' in Iraq with his famous executive order 19 preventing Iraqi farmers from saving their own crop seeds, Tom Foley did the bidding of Bush and Kissinger in Iraq.
Fed Ends QE (tags)
No Redistribution Without the Social State (tags)
In Austria 30 percent of the gross domestic product is spent on social services (not including education spending)...Since the 1990s social security has been increasingly discussed as a financial burden and less as a social achievement
TheInheritance of Inequality and Rethinking Growth (tags)
The economy exists for people, not vice versa. Economics should be pluralist, not a monolith. The economy should be embedded in society; society should not be embedded in the economy. Thomas Piketty and alternative economics emphasize inequality and mass unemployment.
Argentina's Christina Fernandez de Kirshner's UN Address (tags)
New Economy and New Prosperity (tags)
Economic structures that form the basis for social prosperity have become dysfunctional. The financial markets have expanded their original function and are now self-financed markets in which protection from risks has become a highly speculative business.
Asian Socialism Conference in the Philippines (tags)
The Asian Socialism Conference will be held in Manila from November 28 to 29, 2014. The conference will be capped by the participation of guests and delegates to the November 30 rally in Manila to commemorate Bonifacio Day, a national hero who led the armed struggle in the revolution against Spain.
Why a Global Wealth Tax Reduces Inequality (tags)
The distribution of income and assets is one of the most controversial themes today. History teaches us that economic forces press in different directions - either to more equality or away from equality. Which will prevail depends on what political decisions we make.
Karl Polanyi - Still Actual 50 Years After His Death (tags)
Karl Polanyi was the author of "The Great Transformation." As in Polanyi's times, the absurdity of the market utopia must be made clear and confronted with social reality. Freedom and democracy are goals to defend, not markets.
How Neoliberalism Gained Hegemony (tags)
The pressing question is why do the masses vote against their own interests and applaud those who champion goals opposed to their well-being or welfare? Ideas prevail because power is on their side, not because they are better. Neoliberalism went from sect to cultural hegemony
The BRICS: Challengers to the Global Status Quo (tags)
Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?
TISA: Everything Will Be Marketed (tags)
A new agreement (TISA, Trade in Services Agreement) could privatize drinking water and health care through the back door. The resistance by many non-governmental organizations to the free trade agreement TTIP seems to pick up speed
Wealth as a Problem (tags)
The wealth of others has become more a problem and less an incentive. Capital is blind, Thomas Piketty says. Capital grows faster than the economy. Differences in wealth are inherent in capitalism but do not represent a natural law. A society can accept them or act against them.
Philippines: Charter change and foreign ownership of land not solution to development (tags)
As plenary debates on House Joint Congressional Resolution No. 1, amending the economic provisions of the 1986 Constitution, began today, Akbayan Rep. Walden Bello challenged proponents of the resolution to admit that foreign ownership of land is among the main objectives of the proposal.
A Frenchman Admonishes Americans to Equality (tags)
With his book and the data, Thomas Piketty has shaken the self-understanding of American society.. In 2010 the richest one percent had around 20 percent of the total income. In the 1970s the share was under 10 percent.
TTIP: Threat to Democracy and the Constitutional State (tags)
The TTIP, the largest free trade zone comprising 800 million of the EU and the US is being secretly negotiated. Democracy and the constitutional state are threatened by 3-person arbitration courts where corporations can sue states and decisions are irreversible.
Memorandum 2014 (tags)
Both Germany and the US follow an economic policy without enlightenment. Slight economic stimulation will not solve problems of mass unemployment and corporate welfare. Tax evasion of corporations and tax cuts for the super-rich lead to suffering and a revenue crisis.
Learning from Roosevelt: HIs "New Deal" (tags)
The Civilian Conservation Corps helped overcome the basic pessimistic mood in society. Within a few months, 500,000 young persons had hope again. The government should intervene in case of an economic emergency.
The "Great Transformation" of the 21st Century (tags)
An end of the Great Crisis is not insight at the beginning of the 21st century... The regime of finance-market driven accumulation has not brought forth any new formation of capitalism capable of development.
The Middle Class Continues Shriveling (tags)
A century ago people said a progressive income tax would never happen. Today it is reality. The top tax rate in the US between 1930 and 1982 was 82 %. That was a very interesting experiment because very high incomes were covered.
A term becomes a myth; the myth becomes a religion. We are all conditioned by the misguided use of terms and connections so a way of looking at things seems absurd. The German economy acts like a bulldozer rather than a locomotive.
Mainstream Economics: Monocultures at the University (tags)
The "Plural Economics Network" challenges breaking through the monoculture and intellectual one-sidedness in economics...Instead of viewing our varied social problems from different perspectives, all the answers are derived from very similar models.
On World Economic Forum on East Asia 2014 (tags)
All Glitz, Nothing New to Solve Poverty and Inequality
Free internet Book: The triumph of failed ideas, 286 pp (tags)
Free Internet books like Swiss, Austrian, Polish and German critical economists could help us to a sustainable future-friendly economy where the tax code is revised and the top 1% pay more taxes than their secretaries.
Human rights groups close ranks after Pope urges UN resist Culture of Death. (tags)
Human rights group members ignore posts in which Pope urges UN to resist Culture of Death and UN Watch reports the rise of repressive States to prominent UN positions.
Ha-Joon Chang on Economics (tags)
Ha-Joon Chang is a professor of politics and economics at Cambridge University.
Financial Market Inflammation (tags)
Bubble formation covered up a period of long-lasting stagnation... Former US Treasury secretary Larry Summers even spoke of stagnation as a "new normality"... The crisis consequences are shifted to other subjects. Unemployment and indebtedness are exported.
Putin in St. Petersburg (tags)
Putin and Lavrov
Challenging the Ruling Economic Orthodoxy: Economics Students Begin to Revolt (tags)
Pete Dolack writes the Systemic Disorder blog. He has been activist with several groups.
Historic Sino/Russian Trade Deal Signed (tags)
Sino/Russian Unity: What Washington Fears Most (tags)
After HUge Tax Cuts for the Rich, Kansas's Economy is Foundering (tags)
Things are also getting worse for the neediest people in the state. Brownback’s official response to the state’s poverty problem was a brief report that advocated fighting poverty by encouraging traditional family structures through eight-hour “pre-marital education” classes for couples
Intricacies of economic growth (tags)
The Two-Speed World (tags)
The new indebtedness is a consequence of the crisis caused by the financial industry-and in no way owed to an excessive social state, demographic change and so forth.. There are many critics of this policy of mastering crisis by flooding the financial markets with fresh money.
Kiev Losing Control? (tags)
Time to act with urgency and determination to improve the lives of Filipino workers (tags)
Philippines: As the country observes the International Labor Day, Akbayan Party would like to draw attention to the inability of the current economic growth to translate into an improvement in the lives of ordinary workers from both the urban centers and the countryside. While the Aquino administration takes pride on the 7.2 % growth rate for 2013, it cannot mask the fact that this growth has been insufficient to curb massive unemployment and poverty.
TTIP: Emperor's New Clothes (tags)
Welfare state achievements, quality and environmental standards as well as consumer interests are up for negotiation..For Austria, an annual jobs gain of 0.06% is forecast...93% of the consultations were with lobbyists.
US President Obama Visit in Manila (tags)
The small window of opportunity to forge an independent foreign policy that the Philippines gained with the expulsion of the US bases in 1992 will disappear with the impending signing of the Agreement on Enhanced Defense Cooperation with the US.
Sweden: How the welfare state was stolen (tags)
The entrance of private equity from 2005-6 was a big shift. They created a totally different logic, where short-term extraction of profit was the only goal. In 2011 the shit really hit the fan.
The Neoliberal Model: Profits without Investments (tags)
According to the neoliberal myth, higher profits would lead to more investments and more jobs. In truth, higher profits lead to corporations buying back their stock and currency speculation. In truth, higher investments lead to higher profits.
Casino Capitalism and Profit Maximization (tags)
“The state is consciously weakened to speed up the redistribution from bottom to top because that corresponds to the dogmas of the neoliberal ideology.” Our state was systematically weakened in the last 15 years by extensive tax cuts. I remember the lowering of the top income tax rate.
Rejecting TTIP, AFDL-CIO's Trumka Calls for "Global New Deal" (tags)
The demonization of anyone who talks about the dangers of concentrated wealth is based on a misreading of both the past and the present. Such talk isn’t un-American; it’s very much in the American tradition. So who will be this generation’s Teddy Roosevelt? (Paul Krugman)
Plundering Ukraine for Profit (tags)
TTIP Attacks on Wages, the Social and the Environment (tags)
The belief that growth and prosperity for all people are promoted by free trade is as old as capitalism. This is often wonderfully represented in the model worlds of economists. But reality looks different. Specific particular interests are sold as the general interest.
On the Death of John Kenneth Galbraith (tags)
The great economist John Kenneth Galbrath was shocked at the public squalor alongside private affluence. He devised the horse-sparrow theory, horses must be fed so the sparrows can live. A healthy economy means shrinking the financial sector and expanding the public sector.
Propaganda War on Russia Rages (tags)
White House Crime Boss Powwow (tags)
Global turn-around: to persuade Western Powers to adopt 'bottom-up' ethical human rights. (tags)
Major Western Powers invited to New Zealand gives opportunity to adovate a global 'turn-around' by adopting the 'bottom-up' emphasis of global ethical human rights (developed in NZ) to replace 'near absolute', 'top-down' control of 'neoliberal absolutism'.
TTIP: International Mega-corporations prevent social and ecological globalization (tags)
In the reality of international monopolist competition, narrow economic profit interests dominate to the disadvantage of broad prosperity gains. Protection of foreign mega-investors before indirect expropriation leads to a dispossession of nation state democracy.
On the Global Conjuncture, February 2014 (tags)
The key feature of the global landscape is the continuing stagnation of the centers of the global economy, the United States and the European Union. The promise of sustained recovery from the financial implosion has eluded the United States for over three years now while most of Europe remains mired in very deep recession, with the notable exception of Germany.
In the Whirlpool of Deregulation (tags)
The economy changed from real- to finance capitalism since the 1970s. This was not an accidental development. The economic researcher Stephan Schulmeister sees a pattern where deregulation created problems that were fought with more deregulation.
The Free Trade Agreement TTIP - New Version of the "Golden Age" (tags)
Lobbyists and think tanks of transnational corporations dreamt of a global market without limits. With enticing slogans like more economic growth or creation of new jobs, the population should accept the trade-and investment agreement.
Modesty as an Economic Model (tags)
"This completely deregulated sphere (derivatives) ultimately grew to greater dimensions than the real economy. That was undoubtedly absolute madness..A smaller financial sector need not be unconditionally bad.. The economy is a faith like every other..."
Inside the Whale: On the Origin of the Democratic Consensus (tags)
In his 1940 short story "Inside the Whale," George Orwell satirizes the focus in Henry Miller's Tropic of Cancer. Miller's characters are protected by the fat of the whale and never discuss the challenges and tasks of their historical time. In his poem Is this an apt characterization of our time?
Netanyahu and Rohani in Davos (tags)
Jubilee USA Urges Business and Political Leaders at World Economic Forum to End Corporate (tags)
Washington, DC - Heads of state, financial ministers, celebrities and representatives from many of the worlds most powerful corporations are meeting in Davos, Switzerland for the 2014 World Economic Forum.
Neoliberal Rollback (tags)
Both Germany and the US seem locked into unsustainable models. The Alternative Economic Policy study group has been publishing memorandums for 20 years urging a radical change of course: qualitative growth, expansion of public sector and reducing working hours.
Obama's Fake Economic Recovery (tags)
What people have not been told about GFC 2009 - West in 'permanent' decline. (tags)
The global financial crisis of 2009, which affected the West far more than other regions, was, in my view, a consequence of a UN decision on 10 December 2008. In my view, it was a deliberate decision at the UN that the West would go into permanent decline.
Video: Republican Theme Song - Nothing Really Matters and The Fear Economy (tags)
Thanks to House Speaker John Boehner and his Republican caucus, the "Do-Nothing Congress" was so awful this year that I decided it deserved its own theme song. I had fun putting together this video—which also calls out some uplifting wins MoveOn members and other progressives were able to achieve this year
Mission Accomplished, Says Snowden (tags)
Bracing for An Eventual Day of Reckoning (tags)
Hardball US Geopolitics (tags)
Book Review: "The Victory of Capital" (tags)
A society can only provide for the future by investing today in the production of tomorrow...What may be sensible economically for a private individual or individual business could be harmful for the national economy, particularly when the economy staggers.
Tea Party: Extremism of the Middle (tags)
The Tea Party wants to return to an idyllic past that never really happened. The Tea Party wants to stop the accelerating descent of the white middle class by driving ideological ideas to the extreme. The right-wing hardliners believe capitalism could be reanimated if the state were shattered.
Mandela's Disturbing Legacy (tags)
Fact Check on Venezuela's Economy (tags)
Bashing Ukraine (tags)
Ukraine Dodged a Bullet (tags)
Market Euphoria During Troubled Times (tags)
'Divide and Rule' at the UN misdirects Occupation's discontent towards the two percent. (tags)
The Occupation - often with good hearts but heads not straight due to the 'divide and rule' which stems from the UN.
Stop the TTIP - Elephants-Marriage! (tags)
TTIP Is old wine in new wineskins. Free trade- and investor-protection prescriptions from the 20th century according to the style of the WTO are not solutions for current challenges. A transatlantic partnership for social-ecological transformation would look very different.
Market-conforming Democracy (tags)
Market-conforming democracy," Angela Merkel's guiding idea, is a pleasant-sounding description of plutocracy where the forms still exist but their substance is "financialized," where myths of privatization. corporate beneficence and self-healing markets are zombie gods.
The Economic Fall (tags)
The economy should be a part of life, not a steamroller crushing self-determination and creativity. Crisis and chance are represented by the same Chinese letter. Finance capitalism makes the state the errand boy of the banks. State debt crisis is a crisis of the myth of deregulation.
Vilifying Venezuela's Maduro (tags)
Waging Economic War on Venezuela (tags)
Austerity: The History of a Dangerous Idea (tags)
Book review of Mark Blyth's "Austerity: The History of a Dangerous Idea," 304 pp, March 2013: "Slaves of Defunct Economists: Why politicians pursue austerity policies that never work" by Henry Farrel, Washington Monthly, Mar/Apr 2013
Studying Economics Today is Like Brainwashing (tags)
The blind trust in efficient markets must be replaced and bankers given a new understanding. Profit making is different than profit maximization. Banks should be a public function, not a casino and the real economy and the environment not abandoned.
Movie Review: Dirty Wars (tags)
Jeremy Scahill, reporter for such outlets as The Nation and Democracy Now, has come out with the most hard hitting documentary of recent years entitled, “Dirty Wars.” He takes us around the globe from Afghanistan to Yemen and Somalia documenting the crimes of U.S imperialistic foreign policy in tragic detail.
Consumption: Endless Growth is Senseless (tags)
Writing in 1930, John Maynard Keynes thought people would soon have everything they need and envisioned a 15-hour work week. In the midst of the worst economic crisis, he foresaw a world where people had to work much less because their needs were satisfied.
Study Shows Palestinian Authority Corruption (tags)
Palestinians' Right to Resist (tags)
Criticism of Market Theory and Market Ideology (tags)
Market fundamentalists cling to the myths of the self-healing market and corporate beneficence..The real market economy functions very differently than the fantastic notions of the theoretical market economy. Maximum individual profit does not agree with social welfare.
From Summit to Summit: Lost Generation and Lost Decade (tags)
Neoliberal economic thinking explains unemployment as a balance phenomenon with only supply-side causes: poorly trained, wrong place, excessive wage demands and an overly generous social state.. Youth unemployment of 30 or 60% is a catastrophe.
Capitalism is not the Opposite of the State (tags)
Without the permanent intervention of the state, there would be no functioning capitalism. No economic branch depends on the state like the financial branch The deregulation was based on the trick of slandering state regulation as strait-jackets.that could strangle the economy.
Bernanke Stays the Course (tags)
Janet Yellen Likely New Fed Chairwoman: Hold the Cheers (tags)
Cost of the Crisis, 72pp (tags)
The cost of the Wall Street-caused financial collapse and ongoing economic crisis is more than $12.8 trillion. $12.8 dramatically understates the true costs of the crisis because so much is simply unquantifiable.
The Egyptian Revolution’s Next Barrier (tags)
When the Egyptian army first began its offensive against the Muslim Brotherhood, many speculated that such an assault would likely be extended to the same revolutionaries who demanded — in massive demonstrations — that President Morsi be evicted from office.
Politics Serving Free Financial Markets Creates False Incentives (tags)
Stable exchange rates, a strict regulation of (financial-) capital transactions, a transactions tax and low interest rates should make financial speculation so unattractive (“euthanasia of the profiteer”) that real investments would quickly expand to maintain full employment.
Why Was Syria Attacked? (tags)
Helen Clark ignores question on global ethical human rights. (tags)
When Helen Clark, Head of the United Nations Development Program, was asked during question time after delivering a lecture why the UN says nothing about the new plan for the world, global ethical human rights, she ignored the question.
To question Helen Clark regarding UN silence on global ethical human rights to rule world (tags)
Hope to question Helen Clark, head of the UNDP and considered one of the world's most powerful women, why the UN has failed to inform the global mainstream of new plan to rule the world, global ethical human rights, for over five years and despite the significant support it is receiving.
Video: Taming Capitalism Run Wild : Richard Wolff (tags)
The system must be changed because the system leads to stagnant wages over 30 years, totally inadequate creation of family-wage jobs, education for the elite and destruction of nature. A public debate on job creation and shriveling the financial sector is vital.
Ten Theses on the Crisis and its Solution (tags)
Problems don't disappear when they are ignored. Deregulation is a collective and political crisis. Language and democracy are endangered when arsonists are called firefighters, when private losses become public losses and crime in the suits is normalized as a business model.
Larry Summers: Wall Street's Man (tags)
The August 24 March on Washington: Why We Need a New Civil Rights and Labor Movement (tags)
It could have been left as a relatively small event that would make little impact, but plans for the 50th anniversary of 1963â€²s March on Washington appear to have taken another course.
Alternatives to Stagnation and Depression (tags)
Politics has fought the symptoms of the great crisis with banking- and economic packages while its systemic causes remain untouched… The hardest phase of the great crisis is ahead of us, not behind us. All sectors try to safeguard their position through spending cuts...
Obama's Grand Bargain 2.0 (tags)
The Dislocation of Homo Oeconomicus (tags)
"Students rate the teachers and demand a very specific kind of knowledge from them: it should be measurable, packaged and practical and cannot contain any uncertainties. Experimenting or thinking is not desired. There is a relation between service-provider and customer..."
Hardwired Inequality in America (tags)
Filipino workers challenge to Aquino (tags)
Three years ago, President Aquino promised to substantially reduce poverty, create quality and secure jobs, and end the reign of impunity, among others. He promised “inclusive growth”. Workers have had enough of these broken promises.
Greatness or Mediocrity? Global ethical human rights or Neoliberal absolutism. (tags)
Do we want a great society based on ability and hardwork (often includes character) where people can reach their full potential or the prevailing mediocrity, with its descent-based 'bi-cultural' elite and, what I see as, 'arrested development' ?
Addicted to Liquidity Injections (tags)
Bernanke's announcing of lower monthly printing of money was enough to make stock exchanges collapse in many threshold countries. The monetary policy of printing money and zero interest is caught in a vicious circle. Liquidity glut generates credit growth.
After the removal of Morsi in Egypt (tags)
The removal of the Morsi government is not a victory for the proletariat and the exploited Egyptian masses Victory can only be achieved by the proletarian class struggle against capitalism!
The Ideological Mantra "Competitiveness" (tags)
The policy that Merkel and Co. forced on the crisis countries has led to social catastrophes...The competition ideology has managed to establish the notion that generalized competition is the real human condition.
Labor Solidarity in Neoliberal Structural Change (tags)
The self-regulating market and the invisible hand were neoliberal theories of Frederick August von Hayek and Milton Friedman. Submission to the market was described as a natural law, as natural and self-evident as the rotation of the planets. Solidarity and unions were decried as barriers.
How Does Justice Come to the Economy? (tags)
For Immediate End of Austerity Policy in Europe (tags)
The growth model forced in the past with redistribution from bottom to top and increasing export surpluses has failed. For years, the demands of the Alternative Economic Policy study group emphasized combating unemployment and poverty and, taming the financial markets.
"Politics prepared the ground for financial war" (tags)
The current economic crisis is a product of political mistakes, economic incompetence and criminal energy. Capitalism altogether has been a declaration of war. Politics bungled deregulation. The wisdom of the market never existed.
Bilderberg Conference Convenes (tags)
North Korean economy surrenders to foreign currency invasion (tags)
Chinese currency and U.S. dollars are being used more widely than ever in North Korea instead of the country's own money, a stark illustration of the extent to which the leadership under Kim Jong-un has lost control over the economy.
10 Theses about the Crisis: Ingo Schulze (tags)
German novelist Ingo Schulze's 2012 "Our Beautiful New Clothes" explains how we have accepted the form without the substance of democracy. People accepted the emperor's new clothes until a child cried "but he has nothing on." Maybe Hans Christian Anderson can help us.
Less Growth = More Happiness (tags)
The question about alternatives to the dominant western model of life and greowth becomes increasingly urgent together with the looming-or already occurred-surpassing of Peak Oil. New measurements of prosperity include life satisfaction, access to health care and education
Economic Ethics After the Crisis (tags)
Peter Ulrich is an emeritus professor of Economic Ethics at the University of St. Gallen, Switzerland and author of Integrative Economic Ethics (2008). The economy should be embedded in society; society should not be embedded in the economy. The invisible hand is a myth to be unmasked.
Creative Destruction (tags)
The exodus from the casino capitalism producing ever faster and ever deeper crises cannot succeed without a broad and powerful democratic base. Parliamentary democracy is urged to finally take up the struggle around the primacy of politics
The State Should Rescue the Market Economy (tags)
A balance recession is more than a temporary slump of the economy. During a balance recession, private economic actors try to reduce their debts. The cheap money seeps out on the financial markets where it leads to new bubbles. The labor market does not function like other markets. Falling wages did not lead to more employment - as claimed for decades.
Financial War - How Banks and Bandits Endanger our Democracy (tags)
Political failure follows market failure. Participation in system criminality is without risk of prosecution. The financial crisis is not only a system failure. It was caused by human actions in the banking sector that are objectively punishable.
Local Fights Against Austerity Are Growing Across the U.S. (tags)
Between sequestration, with its damaging impact on workers and the entire economy, and the billions of dollars in cuts to Social Security, Medicare and other necessary social programs that President Obama is pushing, it is evident that the economic policies of both major parties are not intended to promote a recovery for working people. You cannot lift up a nation’s economy while slashing away at its consumers’ pocketbooks. In order to justify their defiance of this elementary law, both Republicans and Democrats start talking the language of “austerity,” that is the notion that economic policy must be guided by reducing budgetary deficits first and foremost, and that workers exclusively must be made to pay the cost.
US-Style Free Trade in Good Hands with Michael Froman (tags)
A letter: Neoliberal Absolutism and global ethical individual rights plan for youth. (tags)
The young need to know there is a plan they can peacefully fight for which will give them a future. The following includes a brief description of neoliberal absolutism which involves very extreme top-down control denying them their individual rights.
Society of the Few (tags)
People still believe in the “faster, higher and bigger.” This fiction is maintained through over-chemicalization, over-technization, genetic manipulation or simply bribery of the judges. People lie to themselves.
Neoliberalism as a Variety of Social Darwinism: Ten Million More Unemployed (tags)
Social cuts are a danger for democracy..When fear of social descent or collapse seizes the middle class, the danger grows that exclusion-ideologies may gain acceptance like racism, nationalism or social Darwinism..The economic future is given away on the altar of an ideology that raises location competition to the leitmotif of political-economic policy.
The Bloom Is Off Gold (tags)
Budget Cuts and Happy Times (tags)
For around three decades, a Troika from Wall Street, the US Treasury Department and the Federal Reserve pushed global (capital) investments with a mixture of tax cuts, cheap credits and overrated securities.
The BRIC - States: World Economy on a Silk Thread (tags)
In 2013 for the first time since the beginning of European industrialization, the production volumes of the threshold- and developing countries will surpass the volumes of the triad. Sinking real investments is true for all `developed' countries.
Growth Euphoria and Distribution Reality (tags)
The chasm between poor and rich opens even more. The uncoupling of growth and quality of life on one side and productivity and work volumes on the other side make clear that "business-as-usual" leads to growing problems. German GDP grew 300% with 20% fewer workers.
New BRICS Development Bank Announced (tags)
End the WTO and the Stop the new wave of Free Trade Agreements (tags)
Call to action of the Indonesian People's Movement Against Neocolonialism-Imperialism toward Bali WTO Ministerial meeting on 3-6 of December 2013
Grand Theft Cyprus (tags)
Remembering Rachel Corrie (tags)
A ‘mixed’ economy brought down Sandinistas; same danger exists for Venezuela (tags)
The question of who owns, controls and/or manages production and distribution is what will be decisive. Venezuela’s economy remains mostly in the hands of capitalists, and that represents a threat to the Bolivarian Revolution.
When Theory and Reality Diverge (tags)
Politics forces crises and prevents their ending every day by holding to its ideological blinders. The state is not a private household and spending cuts always strike back on other actors of the economy. When theory and reality diverge, the theory is wrong, not the reality.
"We need a new economic balance" (tags)
If the US removed the cap on social security taxes, public spirit and generational fairness would return to the states. At present, there is a cap at $106K. If you make $4 million, you only pay social security tax on the first $106K.
More Economic Straight Talk (tags)
Spectacle of Irrationality (tags)
The bailout umbrella may establish a modern kind of feudal rule. The abdication of politics is one of the worst consequences of the financial crisis. Many politicians believe the market-radical nonsense that tax cuts finance themselves.
Economic Straight Talk (tags)
Newspeak Rules: How Neoliberalism Explains the World (tags)
Originally positive terms were devalued in the last decades (social state became "welfare dictatorship") Social dislocations are charged to the impacted themselves. The scandal of poverty mutates to the scandal of the poor themselves.
Obama: Jobs Destroyer (tags)
Responding to financial crisis: are austerity and suffering inevitable? (tags)
Austerity in a recession is counter-productive. Lower taxes and lower wages mean lower demand, lower GDP, lower state revenue and higher unemployment.
Down with French military intervention in Mali! (tags)
Commencing on January 11, the French government launched a military intervention in Mali under the pretext of “saving” the country against an alleged imminent terrorist threat and in “response” to a request for aid by the “interim president” of the country. But for several months the present “socialist” government, in continuity with the previous Sarkozy government, has multiplied its diplomatic maneuvering, its pressuring on the Government of Mali and the material preparation of military forces to organize a military attack against insurgents in northern Mali .
Vulgar Materialism: The Madness of Growth and the Casino (tags)
Renouncing on growth or tolerating a shriveling economy is hard. Greece is a shocking example. Many people cut down the last trees because they could not afford heating oil. Nature is the first victim in an economic crisis. Whole generations are traumatized.
Three Approaches to the Economic Crisis (tags)
Before 1980, wages, productivity, investments and production pushed one another and ensured general prosperity. After 1980 wages were dropped as a driving force of economic demand. Demand gaps were filled by consumer credits.
U.S. Cannot Tell Iran to Abandon its Nuclear Program (tags)
Interview conducted by Iranian journalist Kourosh Ziabari with Mark Vorpahl
VIDEO: "Occupy Movement and Economic Inequality" (tags)
Supporters of the “Occupy Movement” talked about the state and future of the movement. The Occupy Movement began in 2011 as a protest movement against social and economic inequality.
Barry Commoner (1917-2012) (tags)
The economic theory of socialism does not demand an unlimited growth. The capitalist agrarian economy and industry wear out the two exclusive sources of wealth: the earth and workers. Capitalist accumulation and the finite earth are in contradiction.
Never mind! IMF now says austerity mistakes don’t matter (tags)
IMF paper says damage wrought by austerity much greater than expected, but it should continue anyway.
New York Times Supports Austerity Harshness (tags)
Venezuela's Future (tags)
Fiscal Cliff Postmortems (tags)
Flim Flam Fiscal Cliff Legislation (tags)
Responsible Fiscal Cliff Resolution (tags)
A Western Rebellion could ensure global ethical human rights 'bottom-line' for all. (tags)
Rebellion justified.The adoption of a human rights instrument by the UN General Assembly in Dec 2008 led to the Global Financial Crisis in 2009.Involving international h.rights law it strongly favored Devel Asia, incl China, over the West.
Fiscal Cliff Reality (tags)
Real-World Economics Review, December 2012 (tags)
The economy should be a part of life, not a steamroller crushing self-determination and creativity. Access could replace excess; enough cou9ld replace more. Qualitative growith could replace quantitative growth.
Navigating Egypt’s Revolutionary Crisis (tags)
As chaos again envelopes Egypt, the revolution is evolving in new directions, along contradictory and confusing channels. It’s tempting to immediately support the “opposition” to the Muslim Brotherhood’s apparent “power grab,” but the situation in Egypt is more complex. The recent events in Egypt are not simply signs of a healthy revolution, they include immediate dangers.
From Financial Crisis to Stagnation: An Interview with Thomas Palley (tags)
"The way economies are organized and function is significantly the product of social choices, not the product of nature. Over the past thirty years we (society) have embraced a set of economic ideas..."
Stagnation, not growth, is the norm for mature capitalism (tags)
The dynamics of a mature capitalist economy result in stagnation and financialization, creating deepening inequality.
In show of power, financiers impose will on Argentina’s Navy (tags)
Billionaire speculator buys bonds of indebted countries at pennies on the dollar and then uses every means possible to get them to pay him for the full value, regardless of the cost to those countries’ people.
Unconditional Basic Income is not a Wrong Way: Book Review (tags)
Every step at preventing poverty is also a step at strengthening consumer demand. Steps toward basic income can achieve that change of distribution demanded in the book.
Ideology and Morality: What the Financial Crisis teaches about functioning of democracy (tags)
Moralizing is a form of argumentation found in many ideologies and academic systems of thought.. State interventions, we were taught, are bad because they run counter to the objective laws of the market.. The market is a social institution that we interpret in different ways..
Downward Spiral (tags)
To Krugman, the increasing ideological blindness of German politicians can only be explained by their belief that "hard times must be the necessary punishment for earlier excesses." Krugman overlooks that the hard times and excesses do not concern the same people.
In the Blockade Trap (tags)
Barack Obama must stimulate the economy with state spending. The astonishing example of Europe could convince republicans who in the past blocked everything... The monetary policy of a central bank cannot replace fiscal policy,
Philippines: FDC clamor for the Freedom of Information (FOI) Bill (tags)
Freedom of Information (FOI): A Key to Freedom from Debt and Economic Justice
On the Way to the Digital Society (tags)
The net must be understood for what it is: a marvelous creative space that forces us to question traditional norms and values, organizational forms and superficially accepted conditions to find new ways into the future.
The Cup (R)money passes us (tags)
Remember the neoliberalism of Reaganomics was an ideology that is carried out from America in Germany-with all its consequences from deregulation of the banking sector and the labor market and the change from the market economy to market society up to rule of the financial sector.
Grand Bargain Betrayal Coming (tags)
Obama vs. Romney (tags)
The strength of the democrats is the folly and mean-spiritedness of republicans. Programs to support the economy were rejected every time with the sole goal of bad economic data. Romney/Ryan rely on the short memory of voters who blame only Obama for the faltering economy Obstructionism should be the issue.
Freedom without Equality is Only Half Freedom (tags)
Social security guaranteed by welfare state institutions ensures security and freedom. Security is one of those resources that guarantees autonomy. Whoever can lead life free from anxiety is freer. Material privileges lead to a privileged access to power. Wealthy lobbies can buy laws today and normal citizens feel cut off.
Banks, Bankers and Banksters (tags)
An unrestrained speculative capitalism emerged out of investment capitalism. New financing instruments are invented. Risks are trivialized or glossed over to soothe the population. Boundless indebtedness becomes the norm. The new age led to immediate profit eclipsing investment.
Is Capitalism Collapsing? (tags)
One of the causes for the obvious helplessness of the governments is that they function as simple receivers of orders of the financial industry. The financial industry has no interest in a policy that would make it liable for its inflicted disaster..
Agitate for Change (tags)
Plural Economics (tags)
Vancouver Canada has 23 community centers, some with swimming pools that can take your breath away. Learning from other cultures and countries is a sign of strength, not of weakness. Without a social contract we become wolves. Without public goods, the market economy fails.
Financing the Government: Romney Must Get the Message (tags)
The role of the state and the necessity of common action is a main theme in the political debate. Regulation ensures the same rules for everyone in competition. Conservative politicians in the US underrate the importance of publically provided education, technology and infrastructure.
Neoliberalism was the Godfather of the Financial Industry (tags)
Keynesianism was replaced by neoliberalism that guided the fallow investment capital into speculation.The development of social systems and the rise of real wages contributed to social peace and stabilizing the economic upswing by strengthening mass consumption.
The Executor (tags)
The economic crisis, the massive indebtedness of the country and Obama's election have radicalized politics and voters. Ryan's budget proposal was recently described as a fairy tale that would in no way stop the economic decline. Others call his plan a joke.
Right to Rent and Social State as Prosperity Motor (tags)
The Scandinavian countries show that more social equality can be combined with more education and economic growth and less unemployment and poverty. Humanity is rich when wealth is shared.
On the Solutions of Liberal Economists (tags)
The crisis has shaken economics to its foundations. The neoliberal mainstream has lost its support; economists alternate between self-doubt and arrogance. Once they believed in the rationality of economic actors and markets and the notion that financial management exists to serve the real economy.
Bankers Rule (tags)
The state became indebted to bailout the banks. Now the state pays them ever higher interests. The state should guarantee the deposits of small savers, not the debts of banks to other banks or hedge funds. The financial sector must be shriveled, the sector that uncoupled.
The Extremist Society (tags)
"The barbaric core of capitalist socialization is on full display in the present system crisis. The propagandists of totalitarian economism come in the mask of democrats. Economic-profitability thinking is imposed on society. Our society has long been viewed as a business."
The Capitalism of Hopelessness (tags)
Regulated capitalism reached its peak in the class compromise of the 1960s when representatives of workers could put the screws on the steamroller CEOs a little. The enemy and dynamic are lost to capitalism. Capitalism flows into a society without utopia and alternative.
Austerity Hastens Economic Decline (tags)
Full-Scale War in Syria (tags)
Illegitimate Sanctions on Iran (tags)
Fidel Castro: Absolved by History! (tags)
Cuban revolutionary leader Fidel Castro has been absolved by history, writes Nicolas Mottas on the 59th anniversary of the Moncada barracks attack.
Research as the Commons: Elinor Ostrom (tags)
Elinor Ostrom was well-known in 2009 when she was the first woman to receive the Nobel Prize for economics. In her analysis of governance of the commons, she put in question the past economic model that common goods can only be managed successfully by the market or the state.
New Economic Thinking - Turning Away from the Market Fetish (tags)
"New economic thinking" rejects the view of the person as "homo oeconomicus" reduced to maximization of individual benefits and offers a more comprehensive and realistic concept in which justice, norms, routines and emotions appear. "Homo recipocans" is an alternative.
America's Left and Romney's Economic Agenda (tags)
Axel-Fair Schulz is a professor of political science at the State University of New York, Potsdam.
RI Regains Mexican Presidency (tags)
Heading for Economic Collapse (tags)
Rio+20: Asian Movements’ Statement on the Green Economy (tags)
We are movements and organizations from Asia, waging struggles on various fronts and arenas to defend our rights, resist policies and projects that cause harm and destruction, and to fight for immediate priorities and demands, as well as profound transformation of our societies. Fight for Our Future! No Price on Nature!
The War of Economists (tags)
"A seeming consensus among economists can virtually force the shaping of political opinions.. For 30 years, neoliberalism marginalized all other schools, above all Keynesianism - and all of us hit a brick wall.."
The Loss of Respect of the Economic Elite is Enormous (tags)
The embedding of the market and the economy in the civil society is the challenge of the 21st century. Tax shelters or havens must be closed. The wealthiest 400 Americans have more wealth than 150 million people. Time for Plan B, alternative economics and reduced working hours!
The Banks Should Serve the Real Economy (tags)
Democracy, risk and liability are turned upside down when trillions bailout the banks and workers, unemployed and pensioners must pay the bill! We live from those who say No to trivialization of crisis, to the state being reduced to a trough or errand boy for the banks (Bill Moyers). The economy should be a part of life, not a steamroller crushing creativity.
The Great Devaluation (tags)
Democracy, risk and liability are turned upside down when trillions bailout the banks and workers, pensioners and unemployed must pay the bill. We live from those who say No to corruption, to the state reduced to a trough or errand boy for the banks (Bill Moyers).
Group of Six shutdown Wells Fargo (tags)
April 10th was a warm sunny Tuesday and exceptionally busy in downtown riverside. Walking through the main st. mall adjacent to the mission inn with men and woman in suits meeting for business lunches all seemed to be normal. However Refund California Coalition an economic justice organization, paired with group of UCR students and Occupy Riverside organizers, began to setup signs and a microphone with the Gandhi statue overlooking. People in the mall began to turn their heads in curiosity, the conversation had started.
Papering Over Disaster (tags)
The great austerity war (tags)
The great austerity war: what caused the US deficit crisis and who should pay to fix it? The right-wing coalition has been so successful over recent decades that the long-run challenges facing the country today are daunting.
A letter to Katha Pollitt of The Nation Magazine (tags)
A letter to Katha Pollitt of The Nation Magazine
The Keynesian past is past: Nostalgia is not the future (tags)
Keynesianism would be much better than austerity, but would do nothing to solve the underlying structural crisis of capitalism.
The Systemic Causes of the Crisis (tags)
The crisis is 30 years old, not 4 years old. The causes of the crisis can be found in the real goods-producing economy, not in the financial markets. The wildly proliferating financial markets did not drag the industry into crisis but kept alive the industry through credit-financed demand.
Economic Dictatorship (tags)
In the crisis, there was a paradigm based on the belief in unlimited economic growth on a planet with infinite resources. This paradigm identifies happiness with wealth, well-being with accumulation of material goods and progress with consumerism.
What is the Origin of Wealth? (tags)
"Europe faces the choice of falling apart in the crisis or taking steps to another economic model," 50 scholars from the advisory board of Attac Germany declared. They make the connection between the chaos of the financial markets and the scandalous distribution of wealth
Medrciless Samaritans and 10 Causes of the Crisis (tags)
"There is no society. There are only individual men and women," said Margaret Thatcher. Margaret Thatcher, the former British Prime Minister, had a great share in the crisis in which Europe, capitalism and democracy find themselves.
Readying the Greek Corpse for Burial (tags)
Creation of Money (tags)
To give a credit to a customer, a bank doesn't need to take the savings of another cutomer from its vaults. It creates the money out of nothing. In a countermove, the bank must deposit money with the central bank. There is a debate whether the creation of money can be left to the banks.
Remembering Garda Ghista (tags)
The Error is in the System (tags)
The financial crisis mutated into a global economic crisis and a state debt crisis. The financial crisis was not a "bump in the road" or an industrial accident but a systemic and structural crisis that caused $11 trillion of wealth to vanish while millions lost their jobs. homes and pension
The Rule of Supply-Side Economists (tags)
Supply-side economists dominate wherever one looks in politics, economics and the media. That wages and salaries are not onl.y costs but also demand usually doesn't interest supply-side economists.
Dominant Economy Pretends Its Breakdown Was Unforeseeable (tags)
The consensus of the past two decades on how the macro-economy functions is shattered. The breakdown of the dominant economy is a consequence of the financial crisis, the "great shock."
On Protest and the "Occupy"-Movement (tags)
National economies are now subject to the pressures of this supra-national financial "market" and to the institutions helpful to this market like the IMF and the European Central Bank. "Bailout umbrellas" at the expense of the common taxpayer are opened up.
Against All Rules (tags)
The core of all western-individualist ideas of justice is the principle of personal responsibility. Everyone is responsible for the consequences of his/her actions. This motivates as well as disciplines. "We punish the virtuous and reward the squanderers."
Obama's Failed State of the Union (tags)
Whistling Past the Graveyard (tags)
Justice Before Efficiency (tags)
The market economy must be bound to the principles of a fully-developed civil society. More is involved than a belated redistribution. A citizen is basically a social being. To overcome feudalism, precedence must be given to human- and civil rights over the power based on property.
The New Normal: Economic Weakness and Decline (tags)
The Laffer Curve— (tags)
The Laffer Curve
Repeal NAFTA/WTO is Ron Paul’s Answer to Undocumented Immigration & Domestic Job Losse (tags)
Part of promoting non-interventionist foreign policy is allowing for foreign nations to have self-determination and autonomy in their own economy. The greatest limiting factor to achieving democracy and self-determination in any nation is an unstable economy caused by unequal trade laws. This inequality between trade partners can occur because of different resource qualities or quantities or as a result of trade agreements that benefit one nation above another.
Surveyiing Utopia (tags)
Raul Zelik and Elmar Altvater discuss the nature of utopia, economics, how growth and work become fetishes, how what is rational in micro-economics can become irrational in macro-economics, time prosperity and how Marx recognized the contradictions in capitalism.
Learning from Roosevelt (tags)
Harry Hopkins, head of WPA under Roosevelt, created 4 million jobs in 2 months. How many jobs in health care, education, bridge repair, community centers and journalism could be created today? Solutions are not lacking, only political will. Viva sharing and redistribution!
Election 2012: Unemployment Drop a Sham According to Socialist Party Ticket (tags)
The Alexander/Mendoza campaign calls for a real jobs program, as well as protecting public sector jobs which have been faltering since the economic crisis began. They say that spending billions of dollars on incentives for businesses doesn’t get the job done – rather they call for the government to create jobs directly.
Las Vegans speak out against expensive SNWA pipeline project (tags)
Anyone who wishes to comment to the Nevada State Engineer to protest the SNWA pipeline project and help protect endemic spring snails from extinction can do so today on this website link. The SNWA pipeline has been described as an economic stimulus plan for developers at the expense of ratepayers, rural people and spring fed ecosystems.
Criticism of Economists (tags)
Economists with their models could predict the values of economic variables but did not foresee the greatest worldwide economic crisis in 80 years. Mechanical-deterministic neoclassicism is a self-contained theoretical model offering simple answers.
Urgent Call To Save the Occupation: Stay Up All Night (tags)
Occupiers call for all-night block party and vigil tonight to save the Occupation
Neoliberalism as Greatest Error in the History of Economic Thought (tags)
Efficiency and prosperity can only be realized on capitalist markets when the economic system is bound in a social order under the primacy of politics. Democratic legitimated politics and the provision of public goods is derived from the "anatomy of market failure."
Beyond Possessive Individualism (tags)
Shrinking the financial sector and abandoning neoliberal myths are vital to prevent the next crisis. The authors, German Young Socialists in their 30s, decry the myths that incomes are just, self-interest leads to public interest and economics and politics are separate.
Book Review: "The Great Crash or the Century Crisis" by Elmar Altvater (tags)
Capitalism is at an end and the whole world is drawn into the mess. Preventing this is an ethical imperative and a political duty. The multiple crisis has dragged on for years. The political class allows this to happen. Political answers to the debacle can only be found with clarity on causes.
The Future of the Social State (tags)
The extended family as a kind of "self-help group" replaces the social state in the backward-oriented utopia of liberal-conservatism. Nothing hurts families more than the "rebuilding" or dismantling of the social state and the marketing of interpersonal relations.
Kicking the Cannes Down the Road (tags)
The One Percent Turns Class War into Generational War (tags)
The cost of making social security solvent for 75 years amounts to 0.58% of the GDP. The cost of the Iraq and Afghanistan wars amount to three times as much. The cost of transferring wealth to the top 1% over the past thirty years is 6% of the GDP or 10 times as much as social security cost.
Seven Billion ... And Rising (tags)
The world’s population surpassed 7 billion on October 31. But except for perhaps the anti-family planning lobby, this was a milestone that few were in a mood to celebrate.
A Warning To The Economic And Political Elites: Listen Now (tags)
.... this is the beginning of an American revolt. Before considering occupation, we tried other avenues: elections, lobbying, petitioning, email campaigns, telephone campaigns, marches, rallies -- but they were ineffective..... We know that decades of the expansion of corporate power will not be undone with one occupation. Plans are being made by some of us to move "Beyond Occupation" to the next steps of building a movement that represents all Americans.....
Dissing Europe's Flawed Bailout Scheme (tags)
Global Economic Crisis Deepens (tags)
Economic Tremors (tags)
The Struggle for the Commons (tags)
"The commons is an old value that?s resurfacing as a fresh approach to twenty-first-century crises such as escalating economic inequality, looming ecological disruption and worsening social alienation."
Collapsing Debt Towers (tags)
The crisis is 30 years old, not three years old. The causes of the crisis should be tracked down in the real goods-producing economy, not in the financial markets. The financial markets were keep alive up to the collapse of the speculative bubble by credit-financed demand.
Some further thoughts on the OWS movement (tags)
I have been following the Occupy Wall Street developments with interest because ultimately I consider the only reasonable way entrenched elites become unseated is if there is mass action by citizens. I do not think military coups are a very sound way to lay the groundwork for grassroots
We Pay for Their Crisis (tags)
Making a game sound appealing whose frauds are obvious is increasingly hard for the governments. The neoliberal vision was always a society of the asocial. The categorical imperative of neoliberalism was always an open and cynical attack on the working class.
Learning Nothing in 80 Years (tags)
The crisis began in the US where the government became heavily indebted after September 11, 2001 in the war against terror and where property owners, banks and hedge funds long lived openly on credit. The German government was laughed at when it prohibited short-selling in 2010
Underway to Plutocracy: Financial Crisis (tags)
No promise of salvation can be imputed to capitalism any more.. The market is regarded as a natural law and power of fate. Nothing but Darwinism was left of the liberals' hope for progress. That Darwinism rejoices in the survival of the fittest and the sorting out of weaker debtors.
The Economy Sinks in a Deep Crisis of Meaning (tags)
Economists are compared with astrologers and mocked as crystal-ball readers because they are frequently way off the mark with their growth forecasts. Economists have not learned the great lessons. Mainstream economy entrenched itself behind a model world and often faded out reality.
Chabil Utzaj, economic momentum with social responsibility (tags)
The reactivation of Chabil Utzaj, as a sustainable sugar project, is a great opportunity for Valle de Polochic not only because it constitutes an important pole of development for a rural area with high poverty rates in Guatemala, but also because of its respect for the fundamental rights of the inhabitants of the area, its commitment to the protection of the environment and compliance with the legal framework of the country.
Imploding Bubble Economies (tags)
Stagnation as a Trend-Life with Satiated Markets, Stagnating Economies and Reduced Work (tags)
45 years ago JKGalbraith was shocked at the public squalor alongside private affluence. In 2008-10 trillions were given to banks and Wall St. so private losses became public losses. By relieving corporations of taxes, neoliberal supply side strategy worsens growth and employment.
Hard Times Getting Harder (tags)
Stand for Socialism against Modern Revisionism (tags)
Revisionism is the systematic revision of and deviation from Marxism, the basic revolutionary principles of the proletariat laid down by Marx and Engels and further developed by the series of thinkers and leaders in socialist revolution and construction. The revisionists call themselves Marxists, even claim to make an updated and creative application of Marxism but they do so essentially to sugarcoat the bourgeois antiproletarian and anti-Marxist ideas that they propagate.
Libya: Coming Waste, Fraud, and Other Forms of Plunder on a Grand Scale (tags)
The Game with Ignorance and the Growth Panacea (tags)
A world wide economic and financial order decays to a pure end-in-itself and no longer serves people. A system build on an ideology in which everything-even the person-becomes a product is legitimated by apologists who trivialize derailments of social life as "normal."
From the Debt Showdown into Recession (tags)
The scenario of an economic double-dip is very likely without additional economic measures. The budget cuts may bring about a recession. The republicans in Congress threaten to concoct an economic crisis if they are not allowed to cut spending. Our greatest problem is low spending.
Netanyahu Spurns Social Justice Demands (tags)
NDF-MINDANAO REAFFIRM COMMITMENT TO NDF-MILF ALLIANCE (tags)
The EPCC NEWS based in Los Angeles reported today that the NDF-Mindanao thru its spokesperson Jorge Madlos reaffirmed the rebel alliance with the MILF in the island of Mindanao. Madlos said that: ? The breaking of diplomatic protocol by the respective principals of the Government of the Philippines (GPH) and the Moro Islamic Liberation Front (MILF), for the sake of achieving a final peace settlement is admirable if only the outcome of their talks truly serve the best interest of the Moro and non-Moro peoples alike.? The NDF also said; ? Such an agreement must be based on the Moro people?s genuine right to self-determination, sovereignty, patrimony, and basic economic and political reforms that shall mainly benefit the long-suffering Bangsamoro.
The US, the Debt Superpower (tags)
The state bailout of these gigantic real estate institutes, banks and insurances and the enormous economic package to get the crisis-weakened economy on its feet again is one of the essential causes of the present debt crisis. In two decades, $5.5 trillion was spent on a dozen wars.
THE ECONOMIC-POLITICAL SITUATION OF THE CORDILLERAS (tags)
A YEAR after the US-Aquino2 regime took power, the miserable situation in the Ilocos-Cordillera region mirrors the dismal state of the nation. From the impoverished tobacco and palay farmers in the Ilocos provinces to the indigenous people plowing hybrid corn fields, vegetable gardens and rice terraces in the Cordillera, the empty promises of the Aquino regime are reflected in the continuing violations and betrayal of the people?s right to land, livelihood and resources. The real boss of the Aquino administration turns out to be not the Filipino people, but US Imperialism as it furiously expands its economic interests as well as large scale corporate mines and geothermal and hydroelectric power projects in Northern Luzon and rams down the nation?s throat its Oplan Bayanihan (OPB), the so-called internal peace and security plan. It is these that exacerbate and continue to heighten the national oppression that reached ethnocidal proportion being suffered by indigenous people of the Cordillera and the Filipino people in general. Indeed, Aquino?s Daang Matuwid turns out to be no different from the substandard Halsema Highway with its erosions and slides, close-open status and serving mainly foreign interests in extracting super profits from the region?s resources. Oplan Bayanihan: Furthering the National Oppression of the Indigenous People Despite it?s deceptive psy-war features, Oplan Bayanihan (OPB) is fast showing up it?s true vicious character compared to its failed predecessor, Oplan Bantay Laya 1 & 2 of the unheralded and despicable US-Arroyo regime. The 5th IDPA and the NOLCOM of the AFP have overzealously applied its age-old imperialist master?s tactics of ?divide and rule? by exploiting indigenous social, economic and political systems in its counter-insurgency operations. They target not only combatants but more so innocent civilians including minors and the elderly. Coining nice sounding contraption to hide the harshness and vileness of Oplan Bayanihan does not succeed in erasing the notoriety of the AFP as armed units of the ruling class. Changing its notorious ?Reengineered Special Operations Teams? to ?Peace and Development Operations Teams?does not do the desired trick. It succeeds though in sowing intrigues and beclouding clear provisions of peace pact pagta where armed units (AFP/PNP and/or NPA) are not covered. Operating troops continue to quarter in schools, day-care centers, barangay halls and clinics, private homes and other public and sacred places contrary to clear provisions of CARHRIHL and Protocols of the Geneva Conventions. In many cases, families are broken up as a result of soldiers? womanizing. Young female students are also vulnerable to abuses especially where detachments are near schools. In one case, the whole tribesmen of a young lass have to be mobilized to demand accountability of the soldier?s tribes mate when a married soldier impregnated a young first year college student. Also drunken soldiers always spark troubles with youngsters even at the flimsiest of reasons.
Video: Michael Hudson on Democracy Now (tags)
Pushing Crisis: GOP Cries Wolf on Debt Ceiling in Order to Impose Radical Pro-Rich Agenda
Social and Economic Inequality in Israel (tags)
On the Failure of the Mainstream Economy (tags)
The neoliberal mainstream economy and its political backers experienced their Waterloo with the most serious financial and economic crisis in eight decades. States bailed out banks and banks made money by lending back to states. A policy of reduced working hours is necessary.
The implications of China?s increasingly active role in multilateral Institutions (tags)
The implications for Asia Pacific security due to the active role and growing influence from the Peoples? Republic of China?s (PRC) approach to particular multilateral institutions are both economic and strategic. The PRC has also been active in several regional multilateral institutions such as the Asia Pacific Economic Community (APEC), the Asia-Europe Meeting (ASEM) and the Asian Cooperation Dialogue (ACD) but it is with the Association of South East Asian Nations (ASEAN) where the PRC?s greatest multilateral engagement has been witnessed.
The Great Unravelling (tags)
PHILIPPINES: The Rough and Rugged Road toward Change (tags)
Akbayan Party?s Statement on the First Year of the Aquino Government
Working America's Dismal State (tags)
BTL:Widespread Protests Challenge Spain's Political and Economic Status Quo (tags)
Interview with Michael Albert, co-founder of Z Magazine , conducted by Scott Harris
Global Economic Crisis Deepening (tags)
Fukushima Mon Horreur - The Dream of Economic Reason Gives Birth to Tremendous Catastrophe (tags)
In "Anti-Duhring," Frederick Engels explained that nature also has a history and that capitalism tends to destroy its own foundations and nature. The negative is bound to the positive as conservation of energy is bound to transformation of energy.
Humala Wins Peru's Presidential Runoff (tags)
Education of the Homo Oeconomicus (tags)
The school system should not only produce students with a narrowed economic view. Society consists of more than the sum of benefit-maximizing individuals.An economic system with fewer income differences, regulated financial markets and welfare state brings greater stability.
"Beyond Growth" congress in Berlin, May 20-22. 2011 (tags)
A "Beyond Growth" congress will be held in Berlin, May 20-22. 2011. The driving forces of growth, the limits of growth, the crisis of the work society, an economy beyond growth, justice and the globalized world, sharing and the good life will be discussed.
Developing a New Economic System (tags)
The stubborn Basel businessman Georg Hasler has a new economic system in mind. He joins two economic concepts that are often discussed these days: unconditional basic income and a radical change of property rights in ideas called free knowledge.
Economics as Brainwashing and Careerist Gets the Job (tags)
The self-regulating market and stgylizing all problems as exogenous, not endogenous are fatal myths as proven by Enron, Tepco, Citigroup and all corporate tax cheats. Can the real economy survive when financial profits amount to 40% of all profits? Viva economic learning!
Money and Justice (tags)
We live on credit, shift costs and risks into the future and make possible a prosperity with the help of a policy of cheap money that is paid for by others. An interest-free money system would be a counter model to the growth pressure inherent in the present system.
Republicans Win Without a Shutdown (tags)
The first fight over the federal budget in 2011 is over, and the Republicans have won. For at least the past 30 years Republican ideas — that government is bad, that the private sector is always more efficient than the public sector, that wages and benefits need to be cut to make America's workers "competitive" with the rest of the world, and government spending needs to be cut even if it risks turning the current recession into a full-fledged depression — have ruled. Progressives need to understand the depth of the Republicans’ triumph in order to begin the task of reversing it.
The U.S. is More Greek than Greece (tags)
Deficit economies were organized mainly by finance capital. The expansion of this credit-financed mass demand went along with the expansion of the financial sector. Trillions of dollars and Euros were pumped in the stabilization of financial markets.
Causes and Consequences of the Financial Crisis (tags)
The neoliberal restructuring and globalization of capitalism has led to states becoming the spoils of financial capital. The neoliberal program is enforced with the help of states. Governments only react to the conditions set by the economically powerful. This is the end of politics.
Icelanders Vote on Predatory Bailout (tags)
The End of the Dollar (tags)
The financial crisis became an economic crisis and mutated into a state budget crisis when trillions were given to "system relevant" banks and private losses became public burdens. What is Plan B?How can the financial sector be shriveled? Can state banks (like NDakota) be a model?
Tepco is the End of the Market Economy (tags)
Tepco operated antiquated nuclear reactors and glossed over the hard of a meltdown. The Japanese government will probably nationalize the firm since it cannot pay a fraction of its liabilities. What lessons do we learn? Should the public sector be expanded? We are all Wisconsin
Weekly Demonstration Against Sleazy Banks (tags)
“We were trying to figure out a way to get The People interested in supporting the financial reform effort. We thought the main reason why people weren't talking about it was because they thought it had nothing to do with them or their daily lives. That's why we chose a focus on the foreclosure crisis--the economic collapse was caused by banks and financial institutions gambling on mortgages via Wall Street. . . ." -- Heather Meyer, organizer
Basic Income: The Way out of a Sick Society (tags)
Without the social contract, we become wolves to one another. Without the social contract, the state becomes a trough for the super-rich. Basic income could enable everyone to participate in social, economic and political life. Without vision, the people perish.
The Arab Revolutions and the Democratic Imagination (tags)
The Arab democratic uprisings have brought a rush of nostalgia to many people who staged their own democratic revolutions years earlier. As they watched events unfold in Cairo’s Tahrir Square on Al Jazeera and CNN, that feeling of “all that is solid melting into thin air,” as Marx would have put it, returned to many of those who went to the barricades during the original People Power Revolution in the Philippines in 1986.
Stimulus Should Be Looking Pretty Good Right About Now (tags)
With states cutting budgets to the bond, we are seeing how painful the economic crisis is without federal funding to help soften the blow.
World March of Women in the Philippines (tags)
Today, women in the Philippines and all over the world gather in different places and spaces to show our collective strength and make our collective voice heard as we speak out our sufferings, challenges, triumphs and aspirations. Our voices are joined together as we resist the abuses and marginalization wrought upon us by economic policies that discriminate against giving women productive employment, just wages and benefits at the workplace, and opportunities for livelihood and income; by societies that allow, or even promote, violence to be committed against women with impunity; by governments and public institutions that turn a blind eye to the human rights of women.
The End of the Long 20th Century (tags)
The US no longer has the necessary financial means to maintain its worldwide military machine (which now drives the US deeper in indebtedness to the international financial markets). The failure of the Project for a New American Century shows the US has not succeeded in subjecting the world
Filipino Workers criticize shortcomings of EDSA 1 (tags)
The Partido ng Manggagawa (PM) and the anti-contractualization coalition KONTRA slammed the shortcomings of EDSA 1 in a symbolic mass action this afternoon. Scores of workers from PM and KONTRA assembled at the Ninoy Aquino monument at the corner of Timog and Quezon Avenues at around 5:30 pm.
One Land, Two Economies (tags)
Economic prosperity and progress for the president are obviously synonymous with robustly higher profits for businessmen and stock speculators. The large majority of Americans must suffer more because the crisis is not over for them.
Tenants Deliver Valentine’s Day Message to Councilmember Wesson (tags)
Members of the L.A. Right to Housing Collective deliver valentine to Herb Wesson and demand that he move forward with the community's recommendations to reform rent control.
Link to 576-page Final Report of the Financial Crisis Inquiry Commission (tags)
Happy reading! The truth will still make some of us free!
Economic Turmoil in 2011 (tags)
The End of the "Golden Age" of Capitalism and the Rise of Neoliberalism (tags)
"The central point is that the financial sphere has the potential of developing into an autonomous subsystem of the whole economy with an enormous capacity of self-expansion..Like cancer, it has no internal control mechanism. It can only be brought under control by external interventions"
The Logic of Imperial Insanity and the Road to World War III plus many mirrors (tags)
"Obama wasted no time in rapidly accelerating America’s imperial adventures. While dropping the term “War on Terror” from usage, the Pentagon adopted the term, “overseas contingency operations.” This was to be the typical strategy of the Obama administration: change the appearance, not the substance. The name was changed, but the “War on Terror” remained, and not only that, it was rapidly accelerated to a level that would not have been possible if undertaken by the previous administration."
Free Internet Book: "Needs and Limits" (tags)
"The logic of capitalism must be replaced to address the crisis of ecological overshoot and to achieve a sustainable well-being."
Growth Madness (tags)
The history of the crisis of the western world that we all experience more or less consciously or unconsciously (or partly ignore) is a history of boundless lobbylism, political corruption, market fetishism and unbroken faith in growth..Economic theories were and are children of their time.
Commission on the Measurement of Economic Performance and Social Progress (tags)
The Commission on the measurement of economic performance and social progress has been created at the beginning of 2008 on French government's initiative.
Rising Poverty in America and Israel (tags)
Corporate Media's Version of Economic Justice (tags)
middle class destructions
Seven Reasons Why the Economy Can't Recover (tags)
As the recession grinds on, politicians in most industrial countries have an incentive to make exaggerated claims about the supposed coming economic recovery. Some say the recession is over. Obama is in the group that claims we're on "the road to recovery,” while other nations can only spot recovery "on the horizon.” Below are seven important social phenomena that point to a more realistic economic and political outlook. 1) Central Banks are Dumbfounded. The usual tricks that U.S. and European central banks use to avoid recessions are long-exhausted. Interest rates cannot get any lower. And because cheap money wasn't working, the printing press was turned up a notch, into what the U.S. federal reserve calls quantitative easing -- injecting hundreds of billions of dollars into the world economy, escalating an emerging trade war.
Incarceration's Effect on Economic Mobility (tags)
The KPFA/KPFK/Pacifica NPR Evening News (tags)
One segment on the Tuesday broadcast demonstrates the ongoing disconnect between the news staff and some station staffers and the political and economic reality that Obama has brought us and make many ask why contribute to a second NPR.
The Financial Crisis and the Failure of the Modern Economy (tags)
The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.
Between Austerity Mania and Megalomania (tags)
The more capitalism invokes its rationality, the more irrational it seems to be. Fewer and fewer persons handle more and more tasks. This savings mania was forced to the detriment of quality controls. The economy should be a part of life, not a steamroller crushing self-determination
World Geopolitics and The Battle for the Mediterranean (tags)
"If one were to live in a city where the only form of employment was a coal mine and there was no means to leave the city then one would have no choice but to work at the coal mine. Control of labour movement is a cornerstone to the socio-economic objectives of the U.S., the E.U., the World Bank, and a league of associated international financial institutions (IFIs). By rendering work forces immobile in any given geographic locality the rights of employment choice and occupational alternatives are removed and a new form of monopoly is established — a forced acceptance of work on whole pools of individuals. Rising fuel prices are also adding to the erosion of mobility rights.??The security agenda behind controlling movements is heavily tied to economic objectives, as are the international disease scares like avian influenza (bird flu) and the swine flue that lock up human movement. Control of mobility in the oceans and international waters of the world is also part of this objective. The internationally illegal Proliferation Security Initiative (PSI) was initiated by the U.S. government, with the support of the E.U., in 2003 as part of the “Global War on Terror.” The Proliferation Security Initiative is presented as a means to prevent the proliferation of weapons of mass destruction (WMDs), however it can be applied to bring about a hold over global maritime mobility. The strategy is a threat to international movement on the high seas and maritime trade. There is good reason why it is illegal under international law and the 1982 U.N. Convention on the Law of the Sea.??Industrial De-location in the European Union and the Global Economic Crisis??This process of industrial de-location has already been underway in the E.U. for years, under which industries have been relocated to Eastern Europe and other global regions. Under this neo-liberal paradigm jobs and industries can gradually be removed from wealthier E.U. states to Southern Mediterranean nations, where cheap and immobile labour forces will be awaiting."
G20: A Threat to Peoples’ Economic and Political Rights! (tags)
The G20 and its global economic agenda are an affront and a threat to people’s rights and welfare. The detention and deportation of Filipino activists from Seoul and the harassment and intimidation of a number of other activists at the hands of Korean immigration authorities are manifestations of the undemocratic and anti-people nature of the G20 and further exposed the illegitimacy of this group of self-proclaimed caretakers of the global economy.
Wealth Buys Health (tags)
Science Daily reports on a new study linking health with wealth.
Green U.S. Senate Candidate Calls For Ending All U.S. Military and Economic Aid To Israel (tags)
“I call for ending all U.S. military and economic aid to Israel because I believe it to be morally wrong for taxpayers to continue financing this nation’s acts of state-sponsored terrorism against the Palestinian people. The $3 billion we give to this country each year would be better spent dealing with serious problems we face here at home, such as growing unemployment."
IMF Considers Replacing the Dollar as Key Currency (tags)
More stability and efficiency will be created and money and the credit system de-politicized. In stress situations, a world central bank could serve as creditor "of last resort" to provide the necessary liquidity in the whole system in case of grave shocks.
Manifesto of French Economists: Why We Are Shocked (tags)
On October 11 three million French workers were on strike against President Sarkozy's authoritarian attacks on social security and pensions. "Despite its obvious debacle, the neoliberal dogma is still regarded as the only correct economic system."
BILL GATES & WARREN BUFFETT ARE OILING THE INTERNATIONAL POOR$ $QUEAKY WHEEL NOT AMERICA$ (tags)
THEY PRETEND FOR THEIR FAMILY & FRIENDS TO CARE DEARLY ABOUT THEIR FELLOW MAN OTHER THEN THEIR FELLOW NEEDY AMERICANS.... --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The Road to World War III - The Global Banking Cartel Has One Card Left to Play (tags)
"The global elite have consistently used a strategy of arming and funding both sides of armed conflicts. While opposing populations kill each other off, they make off with their natural resources. When they confront a government that cannot be bribed or provoked into civil or regional war, they fund brutal death squads, attempt military coups and intimidate them by giving weapons to undemocratic neighboring regimes. If all that doesn’t work, they are declared a threat to national security and the US military, private contractors and NATO forces invade and occupy the country. These terrorist strategies are not limited to the Middle East and Africa, just ask our neighbors throughout Latin America about the School of the Americas. Contrary to popular belief, the horrendous torture techniques inflicted upon people in Abu Ghraib, Iraq were not an isolated incident. Many of those brutal torture techniques were developed over years by torturing innocent civilians throughout Latin America."
" IT'S THE ECONOMY STUPID " GOT HIM ELECTED BUT NOW THE INTERNATIONAL POOR COME FIRST .... (tags)
THIS ONE WORLD GOVERNMENT MENTALITY IS SO OBVIOUS THAT ANYONE BELIEVING THAT OUR AMERICAN ELITE CARE ANYTHING ABOUT OUR OWN AMERICANS OVER THEIR GODLY$$ IS A FOOLISH DREAMER...
Growing Poverty in America (tags)
exponentially rising numbers
The Political Consequences of Stagnation (tags)
My apologies to T. S. Eliot, but September, not April, is the cruelest month. Before 9/11/2001, there was 9/11/1973, when Gen. Pinochet toppled the Allende government in Chile and ushered in a 17-year reign of terror. More recently, on 9/15/2008, Lehman Brothers went bust and torpedoed the global economy, turning what had been a Wall Street crisis into a near-death experience for the global financial system.
U.S. Election 2012: Stewart Alexander Says Ben Bernanke Should Resign (tags)
U.S. Socialist Stewart Alexander says, “Bernanke’s speech and response to the U.S. economic crisis has revealed that Chairman Bernanke has failed in his responsibility to the nation and should resign. While providing future guarantees to Wall Street, Bernanke’s message only provided optimistic illusions for the tens of millions of working people that are struggling nationwide.”
Financial Crisis as Organized Irresponsibility (tags)
In the years 2002-2006, guaranteeing mortgage credits was the greatest source of profit for investment banks. US policy massively promoted and in no way curbed awarding dubious credits. In 2003 Warren Buffett described derivatives as "financial weapons of mass destruction."
THE FICTION OF FREEDOM IN AMERICA (tags)
The servants of these investors and money "managers," like corporate executives and our elected - excuse the expression -representatives, look from the side, taking a payoff, as we get economically raped. This is designed to prevent wage "inflation" (that's a raise in the minimum, or any other, wage) by keeping unemployment high,
Erich Fromm and His Proposal for a Basic Income (tags)
Philosopher and psychoanalyst Erich Fromm never abandoned his vision of a humanist non-estranged society where persons were not commodified or mere goods producers. His book "Having or Being" was written at age 76.
Deficit Hysteria: Wrongheaded in Times of Depression (tags)
proposed policies are wrecking economies
Saving is not a Solution (tags)
The capital markets repeatedly force the real economy to its knees. The savings orgy should help heavily indebted states regain the trust of the financial markets. In a play from the madhouse, states must run into debt to bailout their money-houses.
The Global Political Awakening and the New World Order (tags)
"The global debt crisis, which is beginning in Greece, and spreading throughout the euro-zone economies of Spain, Portugal, Ireland and ultimately the entire EU, will further consume the UK, Japan and go all the way to America. This will be a truly global debt crisis. Government measures to address the issue of debt focus on the implementation of ‘fiscal austerity measures’ to reduce the debt burdens and make interest payments on their debts. ‘Fiscal austerity’ is a vague term that in actuality refers to cutting social spending and increasing taxes. The effect this has is that the public sector is devastated, as all assets are privatized, public workers are fired en masse, unemployment becomes rampant, health and education disappear, taxes rise dramatically, and currencies are devalued to make all assets cheaper for international corporations and banks to buy up, while internally causing inflation – dramatically increasing the costs of fuel and food. In short, ‘fiscal austerity’ implies ‘social destruction’ as the social foundations of nations and peoples are pulled out from under them. States then become despotic and oppress the people, who naturally revolt against ‘austerity’: the sterilization of society."
Can a Person Own HIs/Her Mother? (tags)
No one can own what exists in nature except nature. A human cannot own its own mother. However western ownership systems have been forced on us again and again that contradict our worldview and our values. Ubunto is another example: "I only live when you live."
Cuba-Venezuela relationship: What can be said from an anarchist perspective? (tags)
* This text appears in the June-July 2010 issue #59 of El Libertario, describing the position this voice of the Venezuelan anarchist movement takes regarding the close links between the governments of these two countries.
The new senators-elect and people's issues (tags)
The line-up of 12 new senators-elect who will serve until 2016 is now complete. As nationally elected legislators, they will play prominent parts in crafting national policy for the next six years. What are we to expect from the newly elected senators? A look at their track records, or previous positions on people's issues, and their platforms of government would be instructive.
Greece: Blood and tears for the proletariat! (tags)
In order to resist the policy of blood and tears which the bourgeoisie inflicts on it, the proletariat has no other possibility than the resumption of the class struggle, starting with the rejection of anti-worker measures by the government and the calls for “national solidarity”, and for sacrifices “to defend the fatherland and democracy”.
The Rebirth of Economic Thought from the Ashes of the Crisis (tags)
Reagan announced the state was "the problem" for the functioning of the economy. State action could not solve economic problems. The latest reality of economic crisis thoroughly destroyed the neoclassical theses. The crisis showed its ideological limitation and conditionality.
The Economics Behind Immigration Reform (tags)
How convenient for Goldman Sachs. Just as most working people were demanding that the Goldman bosses and other Wall Street criminals either be massively fined, jailed or worse, the nation’s attention is suddenly forced to react to the racist immigration law in Arizona. And although the two incidents are not directly related, they represent a trend that is likely to increase in the months and years ahead.
Attac's Bank Tribunal: The Jury's Verdict (tags)
This crisis did not break out over society like a force of nature. Financial managers spread the legend that financial crises belong to capitalism as water belongs to the ocean and that euphoric phases of bubble formation and the bursting of bubbles come and go like the seasons.
The Global Economic Crisis: Riots, Rebellion and Revolution (tags)
"In the same month, the highest-ranking general in the United States, “Adm. Michael Mullen, chairman of the Joint Chiefs of Staff, ranks the financial crisis as a higher priority and greater risk to security than current wars in Iraq and Afghanistan.” He explained, “It's a global crisis. And as that impacts security issues, or feeds greater instability, I think it will impact on our national security in ways that we quite haven't figured out yet.” Rest assured, they’ve figured it out, but they don’t want to tell you."
Capitalism and Democracy (tags)
Citizens are protected from incursions of the state and on the other side must accept the sovereignty of the state and the general law as prerequisites of property and security. Whoever has visions should be the physician. A good physician will urge changing one's way of life.
NDF-Southern Mindanao on the GRP elections: no illusions (tags)
The EPCC NEWS sources learned today that the general elections under the reactionary Government of the Republic of the Philippines has kicked off with the usual circus that holds sway among the populace and feeds on their decades-old aspiration for true change in Philippine society. The National Democratic Front-Southern Mindanao states its position on the reactionary GRP elections: That the Filipino masses should bear no illusion that the elections will bring about thoroughgoing change in our semi-feudal and semi-colonial society, and that only the People's Democratic Revolution is our way to genuine liberation and national development.
Finance Capitalism Devalues Labor (tags)
Businesses are capital investments in the hands of shareholders. Consequently managers only serve the interests of shareholders.
Funding Israeli Militarism, Belligerence and Occupation (tags)
funding Israel's war on Palestinian civilians
March 4 Socialist Program to Defend Education (tags)
On March 4, students and workers throughout California and the US will demonstrate against the attack on public education and increases in tuition that are making a college education unaffordable for the majority of working class youth.
Brewing Crisis in the South Atlantic: Oil Exploration in the Malvinas Islands (tags)
For Argentineans the long simmering territorial dispute between Britain and Argentina is coming to a head, as a British oil rig travels to what analysts say is a 60 billion barrel reserve of high-grade oil located in a 200 square mile zone surrounding the Malvinas (Falkland) Islands. This would make it one of the largest oil reserves in the world. Argentina had instituted a naval embargo of the islands but has recently permitted the oil rig to land in Port Stanley, capital of the island.
The Neoliberal Agenda is Over and The Despised Social State (tags)
Neoliberalism is the political-economic experiment of individualizing social risks and claiming growth and employment will be higher. This claim is refuted convincingly by the global financial crisis destroying enormous assets and causing growth and employment to crash.
WAYS OUT OF THE CRISIS (tags)
"Concepts must be developed against the global demand-deficit. Repairing the financial system is not enough. The economic-political prescriptions of the past - flexible wages and restricted social benefits - would worsen the situation."
Every Dishwasher Will NIot Become a Millionaire (tags)
Citizens of the US are tyrannized by "dead ideas," Matt Miller insists. One dead idea is that taxes damage the economy. With taxes, long-term advantages can be created for the economy when the government invests in the infrastructure.
The claimed connection between profits, investments and jobs is not right. Orders-literally demand-are more important than the profits that are investede for the creation of jobs. Market radicals repress market and system failure.
Donk Donk (tags)
Everything Obama does ends up harming America.
A New Paradigm: The New Deal of the 1930s (tags)
The New Deal that led out of the worldwide economic crisis in the 1930s was based on the combination of a new technical-economic model with a new socio-economic model. Obama's achievement is not turning the necessity of overcoming the crisis against the social principle
What is "Neoliberal"? (tags)
Building community centers could be a way to learn from O Canada and break from the false religion of the market and profit. When the market and competition are made absolute, they become idols. CEOs are called job creators and workers "cost-factors."
How Neoliberal Ideology Destabilized the World Balance: Krugman and Galbraith (tags)
"If the depression has not openly erupted, all the features of the 1930s are having a spectacular comeback." (Paul Krugman) To free the US from the claws of private interests, James Galbraith urges the public authority to set social and ecological norms.
Growing Poverty and Despair in America (tags)
what the dominant media won't tell you
Global Depression and Regional Wars - Part II (tags)
continued imperial plunder
Economic Policy after the Financial Crisis: Keynes (tags)
Keynes saw political control of markets and a distribution and social policy in favor of lower income groups as essential prerequisites of a stable long-term macro-economic development.. Three-hour workdays or a 15-hour week would be enough.
Global Depression and Regional Wars (tags)
economic hard times and wars
Attac France on the Stiglitz Report (tags)
If the world really lives through a systemic crisis, solutions must also be sou9ght on this plane. Regrettably the mandate limits the commission to reform the international monetary system. The UN is the only institution with a democratic legitimacy.
DALUYONG: Surging to Confront the Crisis of Our Times (tags)
Filipino American youth, both immigrant and US-born, are agitated and getting ready to tell the rest of the country where they stand and how they are to respond to the current economic crisis affecting their families, their education, their work, and their rights. They are concerned over current immigration policies, race relations, exploitation of women and children, and how these and other issues are linked to the broader global economic crisis and war. They are surging forward to claim what is inherently theirs – the future.
Miguel d'Escoto on the Global Financial and Economic Crisis (tags)
"It is neither humane nor responsible to build a Noah's Ark only to save the existing economic system, leaving the vast majority of humanity to their fate and to suffer the negative effects of a system imposed by an irresponsible but powerful minority.."
problem with china: they NEED a war (tags)
The Significance of Washington's Coup Attempt in Honduras (tags)
There should be no doubt about the U.S. decisive role behind the now-crumbling military coup in Honduras. As commander in chief of the U.S. armed forces, the blame for this intervention lies solely on President Obama. The White House, however, would like you to believe that they attempted to convince the Honduran military not to intervene. Rubbish.
Iran's Coming Revolution: For Civil Rights or Beyond? (tags)
Simplifying the events in Iran as yet another attempt at a U.S. financed “color revolution” is shortsighted, to say the least. But this is the shallow position many on the left are taking. Fortunately, millions of people partaking in mass demonstrations cannot be reduced to “mere puppets” of Uncle Sam — they have aspirations of their own and ways to achieve them. It is possible that the U.S. played a role in the events leading up to the massive protests in Iran, since the U.S.-sponsored color revolution formula is well known: a pro-western opposition candidate creates political instability — usually around election time — and uses the demonstrators who support them, who are funneled money through the C.I.A., to help topple the existing regime.
From Obsuristan to Absurdistan: Barbarism or Human Future (tags)
Individual security can be emphasized so global vision fades. Half-truths and fish stories carry the day. "Communism is oppression of many by man and capitalism is just the reverse." Our challenge is to reawaken wonder and interdependence, to consider the way of nonviolent resistance.
Ecological Justice Instead of Growth Economy for the Rich (tags)
"Now the market, the god of neoliberals, cannot help any more and speculators cry for the already instrumentalized state.. Studying pre-capitalist approaches is vital to develop a post-capitalist vision. The vision of the Bible is an economy of enough for all, an economy for life."
Economic Crisis and the Crisis of Neoliberal Ideology (tags)
The crisis has his origins in the "real" economy. Inequality is the ideological motor of neoliberfalism. German president Kohler described the financial markets as a monster. The metaphor has changed from market as rational subject to monster.
Sept. G-20 Summit in Pittsburgh, PA, US -- CALL FOR A GLOBAL MOBILIZATION (tags)
A CALL FOR A GLOBAL MOBILIZATION AGAINST THE G20 SUMMIT IN PITTSBURGH, PA., U.S. SEPTEMBER 24 AND 25, 2009 ANOTHER WORLD IS POSSIBLE – BUT WE MUST FIGHT FOR IT! BAIL OUT THE PEOPLE JOBS & SOCIAL NEEDS--NOT WAR AND GREED
Italy - Document of summit protest against G8 economy in Lecce, June 12-13 2009 (tags)
In 2001 G8 met in Genova. They were violent days of the suspension of civil rights that still weigh on the collective consciousness, along with the memory and sorrow for the death of Carlo Giuliani. They were also days in which the "greatest men of the earth" developed the new creed of liberal globalization as it was a new universal religion.
Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Plann (tags)
Their goal is a world with rulers and serfs, no middle class
The Market Must Serve Society (tags)
In the past, the village green and market swuare were surrounded by the church, town hall, school and hospital. Without these social institutions, there would be no market. This is also true for today's global financial markets.
Ending Today's Economic Crisis Simply and Easily, in America and Globally (tags)
The solution is simpler than imagined.
FDR's New Deal v. Obamanomics in Their First 100 Days (tags)
stark mirror opposites
The Vacuum of World Trade Breaks Down (tags)
The unbridled free market was an illusion that gave free rein to greed and speculation and the dominance of the financial markets. Shareholder value made the profits of shareholders absolute and set short-term gain over long-term necessity.
BTL:Obstacles Stand in Way of Thaw in U.S. - Cuban and Venezuelan Relations (tags)
BETWEEN THE LINES Syndicated Radio Newsmagazine
The Misery of the WTO: For a Reinvention of World Trade (tags)
The crisis of the WTO has two causes: a lack of trust and an ideological prejudice. A lack of trust exists because the countries of the North judge trade with two standards: free trade for the South and protectionism for their own economies.
Summitry and Punditry (tags)
The truth is, none of the 20 leaders gathered in London has the slightest idea how to 'solve' the economic problems facing the globe....this is a crisis endemic to capitalism, where markets swallow markets and wealth is made by con games that would make the Mafia blush, by the biggest banks on earth. The latest economic summit was PR, amidst the flames of chaos.
Lessons from the Great Depression: Christina D. Romer (tags)
This paper was presented at the Brookings Institution Washington D.C. March 9, 2009. Christina Romer, economics professor at Berkeley, is one of President Obama's economic advisers in the Council of Economic Advisers.
Earth Without Stocks (tags)
This struggle demands more than setting up wind turbines, buying more economical cars and rehabilitating houses. An historically unique pact is necessary between North and South, between industrial countries and threshold and developing countries.
global economy, politics, jobs in the Chinese age: Johnson, Frank, Gu (tags)
is global financial crisis leading to a new war? Why is a new world order troublesome? How to move to the next stage world finance, economy, management, jobs, politics and competition in light of emerging giants China, India? Get provocative thoughts from 3 educators Chalmers Johnson, Andre Gunder Frank, and George Zhibin Gu.
The Goldman Sachs Coup D'etat (tags)
is nearly complete
McDonalds On The Moon (tags)
I believe that the only way out of our current economic and environmental woes is through expansion to the moon.
Monetary and Fiscal Failure, Fraud, and Fear of What's Next (tags)
looting the treasury continues with militarism ready to confront dissent
Obama's Mistake in Reasoning (tags)
The accumulation of capital in fewer and fewer hands first made possible the worldwide economic crisis. For Obama's economic policy to be successful, he must reverse the assets disparity and force the 10% with two-thirds of the assets to solidarity through higher taxes.
Putin and China: US Responsible in the Economic Crisis (tags)
Investment banks, the pride of Wall Street, have practically ceased to exist, Putin added. In only twelve months, their losses exceeded the profits of the past 25 years. Wen said the blind pursuit of profit led to the worst crisis since the Great Depression of 1929.
On the Psychology of Neoliberalism (tags)
The claim of non-wage benefits was stylized as social misuse, recipients of high incomes as achievers and unemployment as personal responsibility. According to this ideology, the optimal conditions for gaining profits lead to prosperity for all.
GERMANY: Oscar Lafontaine on the Financial Markets (tags)
"The present crisis cannot be overcome without a regulation of the financial markets.. When banks are given billions through the so-called bank bailout and these billions disappear somewhere, that is a misappropriation or embezzlement of tax funds.."
The Language of Looting by Michael Hudson (tags)
What "Nationalize the Banks" and the "Free Market" Really Mean in Today's Looking-Glass World
Ronald Reagan: Betrayer of Main Street America! (tags)
William Kleinknecht takes the gloves off in his new book,”The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America.” He shows that the so-called “great communicator,” was, in fact, the “great enabler of corporate greed.” The Vulture Capitalists were set loose on the people by “Reaganism.” I say: Take Reagan’s name off that airport in D.C. Let his Fat Cat cronies pay for his memorials, not the taxpayers.
Fear of the Great Depression (tags)
The acute danger exists of a self-reinforcing downward spiral from deflation, increasing debts and new problems in the financial sector..Degenerate banks must be closed by the state in a controlled way. Politics must try to reduce the uncertainties of consumers.
Light at the End of the Tunnel: Communities Must Stand Together for Change (tags)
Diverse communities in the U.S. have been standing together to bring about social change at the grassroots level in an unprecedented wave of euphoria set off by the inauguration of Barack Obama. Whether in public meetings, workshops, or protests the unity of purpose and momentum is palpable. What will it take to translate that human energy into real change?
THE FILIPINO SPIRIT IN THE REMAKING OF AMERICA (tags)
Today, we celebrate our misa ng bayan with great hopes for brighter days of economic and moral recovery and renewal under our new President Barack Obama. It is certainly heartening and uplifting to know that we have a lot to hope and be thankful for after this nation demonstrated great courage by electing the first black, indeed, the first colored man in history, to the presidency. It brings much satisfaction after periods of intense crises and conflicts under the Bush administration, remembering 9/11, the Iraq and Afghanistan wars and the Israeli-Palestinian conflict, and the economic meltdown that continues to wreck havoc on us andespecially the common workers not only in the United States but all over the globe. After passing through the bleakest of days we earnestly hope to see light.
Banks Injure Economic Stimulus Plan by Jacking up Credit Card Interest (tags)
Could banks jacking up credit card interest during a horrendous recession—delay U.S. economic recovery and destroy the expected benefits of the Economic Stimulus Plan?
A New Administration, Tired Old Policies (tags)
Counterproductive policies heading America for depression
Portland's Town Hall Meeting on the Economic Crisis (tags)
On January 31st, Portland Oregon held an important — perhaps historic — mass meeting in response to the economic crisis. Dozens of unions and other progressive organizations were able to attract over 800 people to hear an analysis of the crisis itself, proposed solutions, and a variety of workshops which included everything from labor rights, trade and immigration, and a "green economy." It is believed that this was the first such event in the country.
No One Can Escape the Crisis (tags)
From a long-term perspective, the crisis could bring about a radical rethinking in politics and the economy away from the mantra of shareholder value and the pursuit of short-term profits. The neoliberal model of the Washington consensus has revealed its fundamental weaknesses.
Recession Raises the Question of Meaning (tags)
The facade of a sound world suddenly crumbles. Are the funds available to the productive economy or are they sinking in the swamp of a degenerate global financial- and economic system? An economy that prioritizes human needs and nature is primarily regional.
Some Thoughts on Obama and the US Empire (tags)
Chris Burnett is host of "Indymedia On Air" on KPFK 90.7 FM, Los Angeles
Liberal Prof Confronts Socialist Audience (tags)
Grossmont College economics professor Shahrokh Shahrokhi was invited to speak at the January 12 meeting of Activist San Diego, but though he attacked "market fundamentalism" and called for more government regulation of the economy,,public equity purchases iin the major financial firms and an extensive stimulus plan, many in the audience didn't think his proposals went far enough. They also bristled at his contention that homebuyers who took out mortgages beyond their means were partly responsible for the current economic crisis.
Mass Mobilization In Los Angeles On Obamas Inauguration Day! (tags)
This is a Call out for all those out there fed up with the U.S. government. Their Abuse of the Economic Crisis among the American People and the Global Community. For the Continuous Murders commited by the LAPD and Surrounding Police Authorities and the Constant Racial Profiling and Discrimination done by the Police. This is For the U.S. Involvement in Israel and the Gaza Massacre which has claimed over 300 lives. Mass Mobilization In Los Angeles On Obama's Inauguration 200 N Spring St, Los Angeles-Also Known As Los Angeles City Hall. This is a Call out for all those out there fed up with the U.S. government. Their Abuse of the Economic Crisis among the American People and the Global Community. For the Continuous Murders committed by the LAPD and Surrounding Police Authorities and the Constant Racial Profiling and Discrimination done by the Police. This is For the U.S. Involvement in Israel and the Gaza Massacre which has claimed over 300 lives. So! A Call out to all, passionate, hopeless romantics, to all families who struggle, to all races, ethinicities, genders, Homosexuals Bisexuals, Transgendered, to all anarchists and marxists, democrats and republicans, to all those who are unhappy with the current state of the world. Lets Make Obama, the United States, and the Rest of the world Know that We Arent going to Stand for the Oppression the U.S. Government, Police,and Other Governing Bodies Commit.
The State Invests and Memorandum 2008 (tags)
When the state invests, it ensures that the economy will grow faster tomorrow than today: new streets, better schools and new eco-techniques. In a few years we will all earn more. Even German bank president Axel Weber urges a state economic program.
Memorandum 2008 Summary-Crisis Underrated (tags)
Without increasing internal demand, the upswing based on replacement investments and exports cannot continue. Without reduced working hours, adequate jobs will not be created in a world of reduced work volumes, rationalization and information technology.
Spreading the Wealth: A Review of Unjust Deserts (tags)
The foremost ethical question is, given that we owe most of our productivity to a common social inheritance, to what extent can we say that we have "earned" our personal wealth? There is a growing consensus in favor of a new robust public compact to regulate our shared conditions.
III-the International Crisis WS Report (tags)
The Master in Economics and official of the Ecuadorian Central Bank, March Naranjo Chiriboga, asked help from the Mercosur countries, mainly from Brazil, to overcome the global financial crisis. He believes that Ecuador, which has no own currency and uses the U.S. dollar for internal commercial transactions, will feel the results of crisis in a more pronounced way and will be one of the most affected countries in Latin America.
Human Rights Begins at Home (tags)
On December 10th, 2008, DAMAYAN Migrant Workers Association celebrates the 60th anniversary of United Declaration of Human Rights with the domestic workers, women, im/migrants, people of color and all oppressed people whose human rights are under attack and are struggling for justice, dignity and liberation. Filipino im/migrant women workers continue to face the brunt on the deepening global economic crisis and are subjected to rampant human rights violations perpetrated by bad employers, diplomats, governments. We demand that individuals and institutions be accountable for upholding the basic rights of all people as recognized in the United Declaration of Human Rights and the need to develop additional protection for domestic workers. Like Marichu Baoanan, a Filipina nursing school graduate and caregiver who filed 15 counts of trafficking, forced labor and racketeering against former Philippine Ambassador to the United Nations Lauro Baja, women workers from around the world have first-hand experience of abuse, dehumanization and enslavement. Marichu was forced to make the painful and risky decision of migrating abroad in the interest of her family's survival. While she expected to earn a living in a forieign land, away from her family and familiarity of her homeland, she did not anticipate the slave wage equivalent to 6 cents per hour, 18-hour working conditions and being subjected to routine insults, curses and humiliation.
Swimming Up Stream (tags)
Somebody had to offer a calm and serene response even though this will have to swim up the powerful stream of hopes raised by Obama in the international public opinion...
Obama's Economic Dream Team? (tags)
indeed for Wall Street bankers
The New Deal - in the US and Germany (tags)
A radical rethinking, a New Deal, is on the agenda. The worldwide depression can only be countered with stronger economic regulation, increased public spending and fiscal measures. This means an end to privatizations and rebuilding the essential infrastructure.
International WShappens December the 6th to the 11th (tags)
We want a debate not from the perspective of the market because the market heralds resolved now that they will make the solution for what themselves caused, with their bad conduction of economic policy
Buy Nothing Day Organizers Confront the Economic Meltdown Head On (tags)
The economy should be a part of life, not a steamroller crushing creativity and self-realization. Bailing out speculators while ignoring the imperatives of reducing working hours and building community centers is a blindness.
Obama and the Economy (tags)
The economy elected Barack Obama President, and it will make or break his administration. Right now it seems likely to break it, as Obama's announced appointees to staff his government come almost exclusively from the moderate administration of Bill Clinton, thereby assuring the ruling class that "change you can believe in" means "change the rich and powerful won't have to worry about." Without a mass Left movement on the order of the socialists and communists who in the 1930's pushed Franklin Roosevelt to the Left, Obama's Presidency is likely to be yet another suck-up to corporate America and its anti-labor, anti-environment, anti-worker "free trade" agenda.
Offe's Paradox (tags)
Klaus Offe, a left thinker, once proposed Offe's paradox, the idea that"while capitalism cannot coexist with, neither can it exist without the welfare state." Canada has done better than some countries in protecting social welfare. The welfare state is not dead; what is dead is econ security.
The global crisis is a crisis of capitalism (tags)
It is time for the workers and the poor in the Philippines to prepare for the worse the moment its government keeps on repeating the mantra that the economic fundamentals remain good and thus there is little to worry about effects of the global recessionary trend. The world found itself in the present mess precisely because of such blind faith in neoliberal fundamentalism.
VIDEO: Joseph Stiglitz on NOW, 11/20/2008 (tags)
Insight on the Economic Meltdown. Joseph Stiglitz talks about misplaced priorities in handling the economic meltdown and what we should do next. A culture of risk-taking was totally inappropriate.
Obama and the Crisis of Expectation (tags)
With Obama elected President but not yet inaugurated, the question on everyone’s mind is, “what’s going to happen next?” Millions of people around the world are hoping that a Obama presidency will radically change the course of US politics, and with it, world politics. This is especially true for the huge numbers of mostly young volunteers working for Obama’s campaign, most of whom had never been involved in politics before. And while it is impossible to predict the future precisely, one can make an educated guess as to Obama’s future actions, based on answering two fundamental questions: which social class is Obama and the Democratic Party going to represent while in office, and what are the current interests of that class. For example, if Obama were to act in the interests of the working class, a number of measures would be immediately taken, such as increasing wages, improving healthcare, funding schools, ending war, etc. If, on the other hand, Obama is going to represent the ruling class, we can expect policies similar to the Bush Presidency, who long ago proved himself to be a puppet for the banks and corporations.
International seminar to discuss how to exit the financial crisis announced (tags)
He criticized the conduction of economic policy by Brazilian Central Bank. "The CB is throwing money in the market without taking a specific concern with the change in the economic model, with public investment." Our concern is to analyze the crisis from the perspective of individuals, of the nation, and not
Obama Mania (tags)
A reality check.
The Wages of Sin (tags)
The deepening economic crisis.
Income Distribution is Perverse (tags)
Redistribution of income is central. Another economy is necessary in which people are more important than profit percentages. A shareholder value philosophy ruthlessly downsizes and closes plants in pursuit of maximum profit.
This Time Is Different (tags)
Growing financial crisis.
Hard Times (tags)
Past sins are coming home to roost.
IRS Federal TAX Property Liens Underwater (tags)
Federal IRS TAX Collection CRISIS Averted The major Federal tax enforcement and collection system in the United States is in jeopardy. Billions of dollars in IRS property liens are "underwater". IRS property lien collection payments and wage garnishments, based on a persons employment and property ownership, is in a catastrophic state of failure. The United States Federal Government has averted this failure by buying the mortgages and banks that hold these liens and write the paychecks.
Pre-Election Message from Stewart A. Alexander (tags)
Every 75 years the capitalists ruling class devise an economic crisis which is always followed by a conflict between nations or a major war. We must end this cycle and support socialism and socialist candidates.
FIGHT THE SECOND JAPANESE INVASION OF THE PHILIPPINES (tags)
The Filipino Community and all concerned Filipino Americans in the United States vehemently condemn the Senate's railroading of the ratification of the Japan-Philippines Economic Partnership Agreement (JPEPA) on Wednesday night. October 8th.. Pro-Japan collaborators also known as the modern MAKAPILIS, the sixteen senators led by JPEPA's sponsors Senators Miriam Santiago and Mar Roxas (whose grandfather was a Japanese and an American puppet) have compromised the country's national patrimony and sovereignty by approving a patently one-sided, anti-Filipino economic treaty.
The Terrorist Among U.S. (tags)
("Papers, - Do You Have Your Papers?") Do you remember the Fred McMurray Building in Oklahoma City? It was blown up by an ex-army USA home-grown terrorist. Do you want this to happen again? How many Federal Government checkpoints will it take until a patriotic American goes crazy and becomes a terrorist? (I feel it will be an ex-military person who has seen checkpoints blow up before and knows exactly what it is they are doing.)
The White House Ghost (tags)
The President of the United States, George Bush, enters today his last 100 days in power overshadowed by very high unpopularity rates and one of the worst economic crises in recent decades.
Federal Government Border Patrol Checkpoints on Olympic Peninsula (tags)
I think people at these Federal Government Border Patrol Checkpoints, should be forced to produce a valid Federal Income Tax Return from the previous year. If you can not produce this document (FEDERAL INCOME TAX FROM PREVIOUS YEAR) you should be arrested and put in an internment camp and forced to work for the Federal Government.
The October Surprise - Global Panic (tags)
It's not over.
Deforestation Costs More than Financial Crisis (tags)
It is a steep bill. Our shrinking forests cost us up to $5 trillion a year -- far more than the current banking crisis. Environmentalists hope the sobering calculation, made by a European Union commissioned team, will focus political will on funding conservation.
Animal Farm Economics (tags)
It is very simple economic fascism, animal farm economics 101. IRS property confiscation for taxes; this is the definition of economic fascism; IRS property confiscation for taxes.
Let's Have a New President November 5 (tags)
With the U.S. economy in free fall, this country doesn't have the luxury of waiting until January 20, 2009 to swear in the winner of this year's presidential election, This post presents a modest proposal for installing the election winner in the White House immediately, so he can get to work on fixing the economy right away.
US Real Estate: From Goldmine To Money Pit (tags)
Mortgage Backed Securities and Derivatives are Flawed and Failing. The mortgage debt problem is simple really, it has been a total mis-appropriation of equity. The equity lost on flat screen TV's, boats, new cars, vacations, and other living expenses; is equity lost forever. This loss of equity spent on consumer goods and expenses is a pyramid scheme of hyper-capitalism that is flawed and failing. Equity not spent on the property the equity comes from, is equity lost forever, a mis-appropriation of funds, and inappropriate; it is a failing economic model.
Meltdown and Bailout: Why Our Economic System Is on the Verge of Collapse (tags)
Today's highly speculative economy pushes capital into developing countries and into bubble after speculative bubble in search of a better profit margin.
Why Socialism? (by Albert Einstein) (tags)
This essay was originally published in the first issue of Monthly Review (May 1949).
The Credit Crisis may reflect concern with likely growing trade union power. (tags)
The credit crisis may reflect a likely increase in the power of the trade union movement as a consequence of decisions made at the UN.
Bail-Out, Economic Democracy and the Socialist Path (tags)
David Schweickart, political philosopher, discusses the financial crisis, what it exposes about capitalism, how it can set the stage for economic democracy, and open the socialist path.
Changing the Rules to Keep the Ruling Class in the Drivers Seat (tags)
A better solution would be to cancel all debts.
V.P. Candidate Alexander: Fed Rescue Plan a Temporary Fix (tags)
Vice Presidential Candidate Stewart A. Alexander, says the $700 billion rescue plan is only a temporary fix for an economy with many fractures. “The root cause of the U.S. economic crisis is the system, capitalism; and every 75 years a new bailout plan becomes necessary.”
Philippine women’s groups urge lawmakers to pass Reproductive Health Bill (tags)
MANILA, Philippines – A day before several lawmakers deliver their respective sponsorship speeches on the controversial bill promoting the use of both artificial and natural means of family planning, among others, a network of more than 50 non-government and people's organizations advocating women's and people's rights today urged other members of the House of Representatives to affirm women’s right to reproductive self-determination, and to support the immediate passage of the Reproductive Health Bill.
fire watch (tags)
The Angels on the Economy by Doreen Virtue (tags)
Economic conditions are more affected by human beliefs and expectations, than by oil prices or political concerns. This is true for you personally, as well as for everyone globally. Your personal finances are greatly influenced by your expectations and emotions
The Shortwave Report 9/19 Listen Globally! (tags)
A weekly 30 minute review of news and opinion, recorded from a shortwave radio. With times and freqs for listening at home. 2 files- broadcast and slow-modem streaming. Free to rebroadcast. China, Netherlands, Cuba, and Russia.
Reviewing Danny Schechter's "Plunder" (tags)
A masterful account of the subcrime crisis.
ECONOMIC CRISIS AFFECTS ELDERLY (tags)
Recession whatever they call it, marches on! They called it “ jobless growth”, a “slowdown” an economic crisis and all politicians call it except by its true name. Why are they so afraid of this word? Although it affects everyone, politicians and bourgeois econimist refuse to call it by its name. But the hard facts tells the truth. Now, the seniors and older Americans are the latest victims of these recession.
Biblical Sabbath Economy (tags)
Franz Segbers insists the Biblical Sabbath economy cares for the oikos, not speculation and accumulation When the right of speculation trumps the right of housing, we end up protecting the sharks from the sardines (cf "Housing as a Human Right")
Energy and Climate - Hunger and Money (tags)
At the World Economic Forum, the extensive global crisis is trivialized to four "great risks." The neoliberal elite does not want a system change. It wants to assure itself against the threatening fourfold injustice. A 20% loss in the global social product could be avoided.
Growth and Social Justice: Joseph Stiglitz (tags)
The trickle-down economy does not function. The left understands the market and rhe role the market can and should play in the economy. The right doesn't understand either. The Bush administration is nothing but the old corporatism in a new garment.
Why We Challenged Barack Obama (tags)
On Friday, August 1st I led a contingent of the Uhuru Movement into Barack Obama’s town hall meeting in St. Petersburg, Florida to raise the question, “what about the black community, Obama?” Without the benefit of a big media budget, our organization attempted to bring the serious issues experienced by African working class people across this country into the national political debate.
Rude Awakening in Mexico (tags)
US businesses invested $120 billion in Mexico between 1994 and 2006. Only 80,000 jobs were created per year while 730,000 Mexicans pressed on the labor market every year. While migration climbed 95% from 1980 to 1994, it soared an incredible 452% from 1994 to 2006.
Full Speed Against the Brick Wall (tags)
Massive capital has streamed into the raw material sector and crude oil. When we leave the market to speculators, panic rules. The economy falls into a double crisis-out of scarce raw materials and energy and falling profit rates and mass demand.
"Ruin Your Neighbor" (tags)
System criticism is often repressed. Private vice does not bring public virtue. Everyone pursuing self-interest does not usher in public welfare. Inequality, growth, competition and market fundamentalism are not panaceas or inevitabilities but false securities.
End G8 Domination! (tags)
Joint Statement on the 34th G8 Summit in Tōyako, Hokkaidō, Japan
Money for those Arrested at the World Economic Forum 2003 (tags)
In late January and early February 2003, the World Economic Forum meetings were held in New York City. In a class action lawsuit later brought by demonstrators arrested at the meetings, it was alleged that the NYPD attempted to show the world it was in control by illegally arresting and detaining 215 persons.
Revolutionary Justice for the Filipino Working Class Victims of Big Capitalists! (tags)
The Revolutionary Council of Trade Unions (RCTU) in Southern Mindanao, an underground group of revolutionary unions and an allied organization of the National Democratic Front of the Philippines (NDFP) expresses its strongest indignation of the systematic attack perpetrated by foreign and local comprador-capitalists against the Filipino working class.
Alternatives to Free Trade: Fair Trade and Beyond (tags)
The global debate around free-trade and its consequences has evolved tremendously in recent years, from tiny circles of leftist critics into a broad international protest movement. Although the movement began to bloom in response to the policies of the World Trade Organization (WTO), the biggest demonstrations have been in response to the now-popular "bi-lateral" free-trade agreements that economically powerful countries sign with poorer nations. Once one has become conscious of the problems created by free-trade agreements, whether they are international or regional, an immediate task presents itself: finding a feasible alternative. Yes, the trade policy advocated by most big business politicians is "free-trade," and yes, this policy has had devastating consequences for working and poor people worldwide, while filling the already-full bank accounts of the rich. But the issue of "free-trade" alone isn't sufficient to fully explain the vast social problems that plague so many countries.
The Time is Ripe: Democratic Controls of the Financial Markets! (tags)
Like the melting of the dollar, the energy, food and housing crises have systemic roots, the logic and dynamic of maximum profit.. The US is experiencing a "margin call." The world wants its money back. The economy and the financial markets should serve people, not vice versa.
Crisis Populism and Rose-Colored Glasses (tags)
When it concerns socializing the losses of the financial disaster, the head of Deutsche Bank no longer believes in the "self-healing power of the market." The bankruptcy of neoliberalism is blatant.
Doug Dowd's "At the Cliff's Edge" (tags)
an indictment of imperialism
Working people relying on stimulus checks, coins and lotto (tags)
The platforms of the Socialist Party USA and Peace and Freedom Party outline fundamental approaches that will promote economic policy that will benefit working people. Both socialist parties are rejecting the economic strategies of the Democrats, Republicans, and their candidates; advancing U.S. imperialism and waging war is not the answer for our economy that is now in economic free fall.
Potential Future Hyperinflation (tags)
Potential economic trouble ahead.
"Immoral Hazard" (tags)
Economic troubles are broad, deep and worrisome.
Game of Deceived Deceivers (tags)
The worldwide game with fictional assets has a few winners and many losers. Who has deceived whom in the game of deceived deceivers is hardly clear. The world econmy is too important to be left to gamblers. We need far more than a few new surveillance cameras and watchmen in the casino
While Suppresing Voices from UCLA ISSE Students, Jim Lafferty States Their Message Well (tags)
Suppressing Voices from UCLA International Students for Social Equality (ISSE) Students on the Station Listener Web Forum, KPFK General Manager Jim Lafferty Nonetheless Articulates Their Message Well.
World Bank and IMF Policies Caused Food Crisis (tags)
The IMF changed its economic direction and took a market radical neoliberal economic course at the beginning of the 1980s with the rise of monetarism. Hunger inthe world can only be overcome with long-term sustainable strategies, not with the short-term horizon of Wall Street.
Limits of Private Property (tags)
If life does not consist in the abundance of things and if time is borrowed from the future, do possessions invalidate community? Is life colonized by instrumental rationality (Habermas) when all life and relations are determined by money?
Will the Neoliberal Consensus Survive the Banking Crisis? (tags)
These are hard times for the neoliberal consensus whose message was forced worldwide for three decades by the ruling classes in the imperialist metropolises on free capital flows. Business data is a fetish constructed for the goal of profit maximization.
Warning of the American Friend (tags)
What primarily motivates US foreign policy-economic interests or a religious mission consciousness? A special world view is added to the economic interests In this perspective, economic liberalism brings political freedom and both together lead to peace and free trade.
Why Are Banks Failing, Mr. Giegold? (tags)
The crisis will cost massive job losses and strain public budgets. The policy of market opening that refuses social and ecological regulations is a disaster. We must raise new taxes. Closing the tax havens would also be desirable.
Thousands Marched Through Downtown Milwaukee (tags)
Protesters want a fair and just immigration reform bill passed within the first 100 days of the next President’s term
Six Years Ago: The Revolution Will Not Be Televised (tags)
the importance of the peoples' uprising in April 2002 that returned Hugo Chavez to power (http://amleft.blogspot.com/2008_04_01_amleft_archive.html#1824647354471283476)
Global Unsocial (tags)
"The workers who have to sell themselves bit by bit are a commodity like every other commercial article." This quotation from the 1848 Communist Manifesto is an accurate description of the current system which is morally sick and lacks consensus.
Socialists: Re-Thinking Electric Cars and Automobile Industry (tags)
Today, it has become necessary to re-think the future of three industries to reduce U.S. dependency on oil; the automobile industry, the petroleum industry and the ethanol industry. The future direction of these three industries will definitely determine the quality of life for working class people for the next 300 years. The world will face certain economic and environmental disasters, including severe food shortages worldwide, if world governments fail to exercise proper controls over the automobile, petroleum and ethanol industries.
Shameful Defeat for SOS/Minutemen in Ventura County! (tags)
The Minutemen had a hard time selling their brand of anti-human agitation in Ventura County. The Frente Contra las Redadas del Condado de Ventura successfully delivered a "stealth upper-cut" by organizing a community response to this incursion by racists from Orange, San Berdu, etc.
Bishop Huber on the Increasing Cisis of Trust in Society (tags)
Responsibility for fellow-workers is just as important as responsibility for profits. The growing mistrust toward the economic elite changes directly into mistrust toward our political system. To find ourselves and affirm human limits, we need persons who share our hopes and suffering
Financial Meltdown A "Gigantic Fraud"! (tags)
Leading Economic Writer: Financial Meltdown A "Gigantic Fraud" - Says Americans "duped" by "serpent-tongued" elite!
Sharing the Economic Pain (tags)
Now that the economic crunch is reaching those near the top of the pyramid, there is finally a sense that the US is facing a real crisis. The dream is in great danger because the ruling elite stopped looking after the collective interests of society and all but stopped investing in the future.
Don't Rerun That '70s Economic Show (tags)
The difference is that the problems look a lot worse this time. A serious fiscal stimulus plan-one that emphasizes public investment and aid to Americans in economic distress-could do a lot to ease the country's economic pain. Mending our own pockets is vital.
The Lost Generation (tags)
A whole manager generation will have to be retrained or change its ideas. Life is measured in money by such people becaused they learned this as the ultimate truth in their training, not because they are immoral or amoral. Countries that once amassed dollars to buy oil are now unloading dollars to diversity their holdings.
Democracy and the WTO: Alternatives to Free Trade (tags)
Trade policies that benefit multinational corporations are undemocratic and promote exploding inequality. "The negotiations are carried out on a supra-national plane where democracy or civil society interests fall by the wayside."
Bush and ExxonMobil v. Chavez (tags)
The latest salvo in Bush v. Chavez.
F. William Engdahl's "A Century of War" - Part II (tags)
Part II of this epic book.
CDIR Marks Martin Luther King Day, January 21, 2008 (tags)
The Coalition In Defense of Immigrant Rights (CDIR)-USA pays tribute to the great African American civil rights leader Dr. Martin Luther King Jr. today January 21,2008. “While we commemorate Dr. King and his greatness and the American people’s struggle, for justice and equality, the CDIR is however militantly preparing for the surge of anti-immigrant scape-goating in the face of the current economic recession in the United States”, the CDIR-USA coordinator Arturo P. Garcia said.
CDIR Expects Surge Of Anti-Immigrant Scape-Goating (tags)
The Coalition In Defense of Immigrant Rights (CDIR)-USA expects a high tide or a surge of anti-immigrant scape-goating in the face of the current economic recession in the United States. The CDIR-USA coordinator Arturo P. Garcia also expressed alarm over the move of anti-immigrant lobbyist Ward Connelly, the author of the infamous Proposition 209 in California to put into ballot initiative in five states propositions about race and gender equality. The ballot measures will have better chances of winning in those states like Arizona, Missouri and Colorado with high anti-immigrant bias and forces.
Trends guru says you'll be living in a storage bin next year (tags)
Trends Journal publisher Gerald Celente says Wall Street will crash, everyone's going to be living out of storage lockers and the government won't be able to help.
COLLAPSE OF THE US DOLLAR (tags)
Imagine being sent forward in time from 1967 to 2007. Instead of gas costing 25 cents a gallon, it's $2.50. A decent home, intead of costing $15,000, costs $250,000 or more.
The United States' Selfish Solicitude (tags)
Interference with another country's internal affairs violates international law. In contrast to this, the neo-conservatives' revolutionary way of thinking preaches "democratic inter-ference" with all the consequences we are now observing in Afghanistan and Iraq.
On the Anti-Democratic Character of Neoliberalism (tags)
Privatization, deregulation and cuts in social spending is the trinity of the free market, Naomi Klein explains. The consciou8s production of unemployment is anti-democratic. The conscious worsening of income- and assets distribution is anti-democratic.
Interview with Kurt Richebacher (tags)
"The dangers that loom on the currency front are immense. The US trade deficit and the accumulated foreign indebtedness have reached a scale that defies any possible action by central banks." Dr. Richebacher is a former economist of the Dresden Bank.
The Dollar and US Hegemony (tags)
The dollar devaluation since 2001 is a necessary adjustment for the twin US deficits, the national budget deficit and the foreign trade deficit. US imports are nearly double US exports. A drastic change of lifestyles is imperative where modesty and simplicity are encouraged.
Bolivia: Drastic action needed (tags)
In Bolivia, poverty and inequality are on the increase because the government has not been able to implement its National Development Plan. A report drawn up by the Planning Ministry in Bolivia and an arm of the United Nations, the UNFPA, came to the following conclusion: "There is social and economic inequality in the country due to a lack of government policies to bridge the gaps and these inequalities will increase as time passes." The figures say it all. Poverty affects 6 out of 10 Bolivians, while 4 out of 10 live in extreme poverty. The situation is getting worse each year because the annual growth rate of the population is 200,000, but 174,000 of these will live in poverty. While the bourgeoisie plays with hunger strikes to gain so-called Autonomy, some 15,000 children die each year from hunger or hunger related diseases. On the same day that the UN report appeared, it was announced that annual economic growth had fallen from 4.5% in 2006 to 3.8% in 2007. At the same time inflation has risen to 12% mainly due to the rising cost of foodstuffs. Here are two examples. In 6 months a kilo of rice in Santa Cruz had doubled in price from 4 Bolivianos to 8. Gas bottles used for cooking had risen from 25Bs to 50Bs, but it was still hard to find any because most are being exported to Peru where they will sell for up to 125Bs. So business does not worry if Bolivians have no gas to cook with as long as they make a profit.
Community Centers: Learning from O Canada! (tags)
The mosaic works in Vancouver, B. C. Community centers provide a buffer and cushion from the brutal and commodifying market. In happier days before Reagan and market fundamentalism, the Carnegie Center was bursting with activity, counseling, classes and circles.
"Africa and the West" Conference Broadcast (tags)
UhuruRadio.com to broadcast Omali Yeshitela's keynote address on December 16 from "Africa and the West" conference in Huelva, Spain
Criticism of Neoliberalism: Book Review (tags)
The neoliberal understanding of freedom restricts the possibilities of individuals to participation in the market. Structural and economic power are faded out.
Crushing Defeat of US blockade of CUBA at UN General Assembly (tags)
For the sixteen consecutive time, United Nations members voted against the US economic, financial and commercial blockade of Cuba. The resolution presented by the island received 184 votes in favor, one more than in 2006, four against and one abstention.
Retirement under capitalism (tags)
Sometimes small statistics can have huge implications. The U.S. Bureau of Labor statistics recently reported that the age at which U.S. workers retire has risen for the first time in 100 years. According to the report, in the mid-1980s, 18 percent of people in their late 60s still had jobs; today, it is 29 percent. Millions of U.S. workers can no longer look forward to the “Golden Years” of guaranteed Social Security, Medicare health insurance and employer pensions. One in four baby boomers surveyed said they would likely never be able to retire – in other words, they will “work until they drop”. For those that do want to retire, the age at which they can do so is also being systematically raised. Workers born in 1960 or later must wait until age 67, rather than 65, to get their full Social Security benefits. There is talk of raising it further to 70. The mainstream media took scant notice of this, and for good reason; it’s a huge indicator of deeper processes that are destroying the standard of living of workers in the United States and internationally. A quick look into why workers are delaying retirement – if they have the “luxury” of retiring at all – points a condemning finger at the current state of international capitalism, while at the same time warning younger workers of the even worse conditions they’ll certainly face under the auspices of the capitalist system.
Promised Social Change in Ecuador (tags)
Hope for social change in Ecuador
A Hundred and Fifty Years Later and Marx Still Prevails (tags)
Marx Was Right But Don’t Tell Them
Greenspan's Dark Legacy Unmasked (tags)
Alan Greenspan's true record of public disservice.
The Tavistock Institute Institute of Human Relations by John Coleman ebook (2005) (tags)
PDF of "The Tavistock Institute of Human Relations - Shaping the Moral, Spiritual, Cultural, Political, and Economic Decline of The United States of America" (2005) corrected file
The Tavistock Institute Institute of Human Relations by John Coleman ebook (2005) (tags)
PDF of "The Tavistock Institute of Human Relations - Shaping the Moral, Spiritual, Cultural, Political, and Economic Decline of The United States of America" (2005)
Deliberate Lies, Strange Deaths and Agression to the World Economy (tags)
Fidel Castro denounced that the United States government is using unimaginable economic means to defend a right that violates the sovereignty of all the other countries...
Real Estate Crisis in the US (tags)
Credit failures in the real estate business threaten the whole payment system between banks, private businesses and households handled through short-term credits..The US real estate crisis affects other economic sectors and countries and cal also lead to a shift in class relations.
The War on Working Americans - Part II (tags)
Part II of how American workers are losing out.
Privatization Endangers Democracy (tags)
Neoliberal hegemony or market radicalism is a danger for democracy because economic mechanisms replace politics. Neoliberals change the understanding of justice in society. The less generous the social benefits, the more powerful must be its security machine.
Market Efficiency Hokum (tags)
Debunking the myth that free markets work best.
America Before a New "New Deal" (tags)
The laissez-faire capitalism as practiced in the US turned out to be a flop. The New Deal and the welfare state built by Roosevelt and his direct successors was systematically slandered, delegitimated and then destroyed.
A "Slow Motion Train Wreck" (tags)
Financial market turmoil and the Federal Reserve increases it
NeoCon 'Plan Africa' Oil Manifesto (tags)
“Along with Latin America, West Africa is expected to be one of the fastest growing sources of oil and gas for the American market. African oil tends to be of high quality and low in sulfur, making it suitable for stringent refined product requirements, and giving it a growing market share for the refining Centers on the East Coast of the U.S.” “National Energy Policy Report” Office of the Vice President Richard Cheney May 16, 2001
Alternatives to Neoliberal Globalization (tags)
Refusing to work out historical sins like colonialism, fascism and apartheid repeats the historical model of conquest, domination and exclusion. Kairos Europe is directed against a system and its structures. Its positive goal sets life and people in first place.
From the Market of Religions to the Religion of the Market (tags)
The democratic order became concrete as a form of the market. While a secular state forms around the market, the market ceases being merely profane. The market as a fate religion accepts and rejects like a Calvinist God,
Gloria Arroyo’s Economy: NOT WORKING (tags)
Today, Philippine President Gloria Arroyo will again address the Congress to give a report on the achievements of her government, and at the same time express her primary focus for the next year. As she did during her previous State of the Nation Address (SONA) speeches, she may yet again boast the economic feats of her administration, including the strengthening of the peso and the recent booming of the stock market.
Philippines: On Mrs. Arroyo’s 7th State of the Nation Address (tags)
"Gloria's economy is not working." This is what the Freedom from Debt Coalition (FDC) said of Mrs. Arroyo's flamboyant and rosy economic claims; two days shy from the Executive's 7th State of the Nation Address (SONA) this 23rd of July.
Global Warming and Agriculture: Impact Estimates by Country (tags)
...while there is growing recognition that global warming is a problem, little attention has been paid to the likely impact at the country level, especially in the developing world. In this new book, William Cline, a joint senior fellow at CGD and the Peterson Institute for International Economics, provides the first ever estimates of the impact on agriculture by country, with a particular focus on social and economic implications in China, India, Brazil, and the poor countries of the tropical belt in Africa and Latin America.
Competition and the Legal System (tags)
Competition is not always a fountain of economic development..Certain academic findings are dangerous for the functioning of norm systems. The critic becomes the delinquent. Several wicked mosquitos may be criticized, not mosquitos in general.
Privatization as a Threat (tags)
Privatization undermines the nature of the state, the state's reason to exist, and leads to the loss of identity and sovereignty. The state revenue side is weakened by privatizing profitable state expenses. Siegfried Bross is a judge on the German Constitutional Court.
Bush's man starts work (tags)
on Middle East
Cults of Unreason and the End of Species (tags)
People today seem perplexed as civilisation as we know it plummets into the abyss. Yet, in the broad sense, the future is entirely predicable. The much lauded system of economic rationalism has resulted in huge disparities in wealth comparable to ancient societies; the wealth of Pharaoh-God-Kings of the past was staggering and in stark contrast to the wealth of their subjects. The peoples’ living standards were maintained at ‘adequate‘ levels to ensure a fit work/slave force for their rulers – remind you of anything, are you able to draw any comparisons today? In fact ancient Egypt (utilising modern poverty statistics) would have fared better in the social sense than most of today’s societies. So much for economic rationalism and laissez-faire capitalism! The inequity of today’s economic reality is far from mysterious; however, one mystery remains, the masses of today tolerate far greater inequities than the masses of yesterday.
The Underrated Power of Economists (tags)
During the Great Depression between the two world wars, the Brit John Maynard Keynes came to an insight that was implemented in the 1960s. The state must guide the economy by its spending to avert the danger of depression.
The Neoliberal Catechism (tags)
Turning away from the state causes old age poverty and endangers life and limb.. The consequences of privatization are faded out in the US and Germany.. Defining freedom as only entrepreneurial freedom and freedom of capital can be easily veiled.
Green Candidate Brezenoff Criticizes New Energy Bill (tags)
"The energy bill now before the Senate, far from being any kind of solution to our economic and environmental crises, represents exactly the kind of thinking and legislating that has brought us to the point of crisis in the first place," says Brezenoff.
the Iraq War -- a Socialist perspective (tags)
The war in Iraq is at the heart of the instability in the Middle East – and the U.S. It is now the third-longest-running war in U.S. history: longer than the American Civil War, the First and Second World Wars, and the Korean War. Only the Philippine-American and Vietnam Wars have lasted longer. Although control over Iraq’s oil was a major reason for the invasion, it was not the main factor. Overall strategic control over the region and teaching a “lesson” to any country that dares “step out of line” was the main objective. However, none of U.S. imperialism’s political, economic, or military objectives have been achieved. Far from demonstrating its power, U.S. imperialism has demonstrated the limits of its power. The results will be far-reaching both internationally and within the U.S. itself.
Homo Oeconomicus and Economic Theories (tags)
The neoclassical theory dominant today is different from the Keynesian theory that defined the decades after the 2nd World War. "Bad ideas flourish because theya re in the interest of powerful groups." (Paul Krugman)
Financial Guru Julian Robertson : We have problems! (tags)
He has predicted every economic cycle, every debacle, every bull market, and every bear market. Of course, he´s a very old man now. But his reputation on the Street is like nothing you could imagine. When the segment of his interview was through, his comments alone took the Dow Jones down 50 points. Just on his comments alone. That's how powerful this man's reputation is.
AJLPP Oppose Another US-Arroyo Sell Out of Philippine Sovereignty. (tags)
SOFA, another grand sell-out”. This is how the Alliance for Just and Lasting Peace (AJLPP)-USA characterize the treasonous action of puppet president when it signed the RP-Australia Status of Forces Agreement. (SOFA) The AJLPP never forget that the United States and Australia connived in supprting the US-Marcos dictatroship and its active involvement in the counter insurgency war against the Filipino and the Moro people since the end of World War II. Expect that the terrorism of the Arroyo regime is further emboldened by VFA and SOFA treaties and the military intervention and hegemonic superpower support of the US and its regional junior partner Australia." ?
"Capitalism is not the solution" (tags)
Attac turns against the unjust sides of globalization. We need the contagious power of the ideas of freedom, justice and equality. The last European revolution in 1989 succeeded despite dictatorial conditions.
North American Union Plan Headed To Congress In Fall (tags)
same perps as 911
Elections in RP successful – US (tags)
A US State Department official said yesterday the May 14 elections were generally successful despite reports of violence and fraud. “I know there have been some problems with violence. But I would say overall the elections have been very successful and a real sign that the Philippines has a very well-developed democracy. It has never been an easy process,” Christopher Hill, US State Department assistant secretary for East Asia and the Pacific, said over Radyo ng Bayan. Hill’s observation followed an earlier statement of concern from the US Embassy in Manila on reports of violence in many parts of the country during the elections.
North American union plan headed to Congress in fall (tags)
this is when the money will change to world paper currency...be ready....
Neoliberal Rule as Trauma (tags)
With the absolutizing of profit maximization, the neoliberal elites ruthlessly dehumanize workers by reducing them to a cost factor to be lowered.
6th UNPF Session to Focus on IP Land Rights (tags)
The Sixth Session of the United Nations Permanent Forum on Indigenous Issues (UNPFII) slated to start on May 14 in New York will focus on indigenous peoples’ rights to lands, territories and natural resources. The UNPFII sessions will also include presentations on other key issues such as urban indigenous peoples and migration, data collection and disaggregation. Three Cordillerans will be among the over 1,000 representatives of indigenous organizations and communities around the world and advocate groups who are expected to participate in the two-week long UNPFII sessions. Joan Carling, from the Cordillera Peoples Alliance (CPA)’s Advisory Council will present issues on political killings and worsening militarization of indigenous communities in the Philippines. She will also give a presentation on the continuing violation of the ancestral land rights of indigenous peoples and the manipulation of the Free Informed and Prior Consent (FPIC) process by mining and agribusiness companies, among others with the connivance of some government officials.
U.S., Israel Negotiate New Aid Package (tags)
"Danny Ayalon, who served as Israel’s ambassador to the United States until November, said Israel was hoping to seal a new 10-year deal before the end of President George W. Bush’s mandate in January, 2009."
UCLA vivisection protest (tags)
Demonstration at UCLA campus for World Week for Animals in Laboratories. Fight for the mice, rats, cats, dogs, primates, and other animals imprisoned and tortured needlessly inside UCLA.
Latin American School of Medicine (tags)
In the midst of all the US-Cuban relations stories, primarily, the focus is on the imposed economic sanctions against Castro’s Cuba. But, there is a story of unity, progression, and humanitarian efforts lying within those pages written about Cuba. It is one that is hardly, if ever, told; a story that calls attention to the concern for human life above economic strife.
Regional Economics Against Climate Change (tags)
Modern industrial society faces a dilemma. On one hand, people of industrial countries do not want to abandon their assets and habits or way of living. On the other hand, the climate problem ends up in destruction of humanity if emissions continue as in the past
May 1st - Great American Boycott II (tags)
Major Events in Los Angeles, New York, Chicago, San Antonio, Boston, and more! STOP THE RAIDS & DEPORTATIONS!
Brazil: The "brake" is COPOM. (tags)
The logic of the the Growth Acceleration Program opposes classic economists as Michael Kalecki and John Keynes. The GAP that does not contain a expansionist monetary politics is not the GAP, is the anti-GAP, as, by the way, the last act of the Copom made clear.
Health Reform: Turning from the Solidarity Principle (tags)
Neoliberal economic and labor market policy, stagnating working income and continuing mass unemployment have withered the extent of employment paying into social security.. The next financing crisis of health insurance is pre-programmed.
Chinese multinationals and globalization: insights on global business and politics (tags)
gain insights on China and globalization
The Growth Spiral (tags)
Growth in justice, opportunity and environ-mental caring requires identifying blind spots and abandoning myths. Economists must learn to subtract. The state must control the market so everybody shares in wealth and increased productivity.
BTL:Hugo Chavez Deepens Venezuela's Social and Economic Transformation (tags)
Interview with Steve Ellner, professor of economic history at the Universidad de Oriente in Venezuela, conducted by Between the Lines' Scott Harris
Irrational fear of Cuba dissected (tags)
A Miami Herald commentator, who specializes in bashing Cuba's Fidel Castro and Venezuela's Hugo Chavez travels all the way to India, only to find that Castro and Chavez are very popular there. He tries, but fails, to convince his audiences that live in Venezuela is hell. I analyze his pitiful attempt.
The Nature of The Jevons Paradox (tags)
The Jevons Paradox is a multiple intersection of several issue threads including economics, peak oil, global warming, social movements, and the philosophy of science
Christian Morality and Economic Reason (tags)
Finance capital circling anonymously around the globe seeking only short-term profit must expect the resistance of the affected and of the church that turns to the affected. The question is who profits from globalization.
The Welfare State and Democracy (tags)
The German presidential cabinets following the Mueller government cut the basic social rights of employees and unemployed at a breakneck speed and dismantled the welfare state and democracy.
Pinochet is dead! It is time to kill the system that spawned him! (tags)
The fact that the death of Pinochet on Sunday sparked off celebrations in Chile and around the world should surprise no one. He was a hated figure, a living symbol of the real face of the bourgeoisie. In "normal" times the capitalists prefer to govern through "democratic" parliamentary means, so long as their fundamental interests are guaranteed. But the capitalist system cannot always guarantee that its interests can be defended through parliamentary means. History is full of examples where the bourgeoisie has preferred to do away with the niceties of "democracy"... Hitler, Mussolini, Franco, Suharto... the list is endless.
The New Breed (tags)
A recent news report detailing the effects of Globalisation – western economic/military expansionism by any other name – and the explosion of organised criminal activity in the Balkans was aired today on ABC Radio Australia. The primary item of interest dealt with the negative impact that Western Europe, including the UK, is experiencing as a result of the activities of Albanian, Turkish, Bosnian, Bulgarian and Serbian criminal syndicates. According to the report NATO’s intervention and the subsequent elimination of traditional regulatory forces and authorities in the region has facilitated the “explosion”.
Theologians of the Market Economy (tags)
Mandeville's thesis that private vices often change inadvertently into collective virtues as a bee collaborates in building a beehive is a literary construction. The market in Smith's explanation is nothing but a religious paradox.
This is What Recuperation Looks Like: the Rebellion in Oaxaca and the APPO (tags)
A look at the events in Oaxaca and a critical look at the APPO and its program of struggle.
Wartime military spending fuels economy (tags)
War is good for the military police state? Well good for the people that supply the military war machine!
Blinded by the Shite (tags)
The critical fight today is against those who kill, maim, exploit and destroy the natural world. This is the fight of my/our lives; to lose this fight is to lose them all. Resist, oppose, and fight against those who would kill and destroy for personal gain and money. Our values are the enduring real values of life, clean air, water, food and a sustainable world for our children to inherit. Economic rationalism is the enemy of everything that is natural and balanced – economy is another word for catastrophe! Those who continue to espouse antiquated economic formulas of death, greed and destruction are those devoid of vision, the hollow people who cleave to redundant formulas that have clearly failed. They cling desperately to their ‘holy’ books in a futile effort to locate meaning for their failed vacuous existences.
The Rise and Fall of the UN (tags)
One’s opinion of the United Nations reveals a lot about political consciousness; and because perception is usually based on experience, it’s only natural that people from different countries have opposing views about the UN and its pillar institutions— the International Monetary Fund (IMF), World Bank, and the World Trade Organization (WTO). In the United States, familiarity of the UN is limited to vague notions of ‘international democracy’ and ‘peacekeeping’, words that inspire the noblest of intentions; the World Bank and IMF on the other hand are institutions that invoke little reaction among the US public. How and by whom the UN was formed, whose interests it serves, and the actual history of its ‘peacekeeping’ missions are all things rarely examined. It is the purpose of this essay to look at the formation and development of the UN, and in so doing, attempt to show the evolution of the capitalistic system itself, which was ‘reborn’ upon the back of these hardly-neutral organizations.
Behind the love/hate relationship of China and the U.S. (tags)
A zealous distrust of China is something most American’s learn at an early age. The lessons include stunning visuals of atrocities, complete with attacks on helpless Tibetan monks and nuns, fearless democracy-seeking students staring down advancing tanks, and innumerable horrors of life within the totalitarian ‘communist’ society (yes they are still calling themselves that, and yes our government still clings to the word— as an abusive epithet— in a McCarthy-like attempt to browbeat). China cannot be defended if one is on the side of democracy, equality, and freedom, but neither can many of the US’ allies, past and present, who’ve had similar records (the US itself is looking more and more like China every day). Because China is outside the domain of US dominance, it is viewed as a competitor, and a threat; therefore, Chinese human-rights violations are a god-send for the White House PR staff, who look for any reason to conjure fear and create misgivings towards a country who, for purely economic reasons, is the prime candidate to face the US in World War III.
The Economy of Gaza (tags)
In one of many reports and accounts of economic life in the Gaza Strip that I have recently read, I was struck by a description of an old man standing on the beach in Gaza throwing his oranges into the sea. The description leapt out at me because it was this very same scene I myself witnessed some 21 years ago during my very first visit to the territory. It was the summer of 1985 and I was taken on a tour of Gaza by a friend named Alya. As we drove along Gaza's coastal road I saw an elderly Palestinian man standing at the shoreline with some boxes of oranges next to him. I was puzzled by this and asked Alya to stop the car. One by one, the elderly Palestinian took an orange and threw it into the water. His was not an action of playfulness but of pain and regret. His movements were slow and labored as if the weight of each orange was more than he could bear. I asked my friend why he was doing this and she explained that he was prevented from exporting his oranges to Israel and rather than watch them rot in his orchards, the old man chose to cast them into the sea. I have never forgotten this scene and the impact it had on me.
Paralysis of the Palestinian 'Authority': What's to be done? (tags)
Protests have erupated throughout the West Bank and Gaza as thousands of Palestinian Authority employees have not received wages for months (Rima Merriman)
CDC's Pelican Bay abuse of prisoners, rural community (tags)
Calling for shutting down of CDC's Pelican Bay State Prison for human rights abuses of prisoners, economic exploitation of disadvantaged rural community during construction and CDC's exploitation of low income prisoners detained into coerced slave labor for corporations..
Turning the Tide on Religious Fundamentalism— Free Lecture (tags)
I’ve been invited to give a lecture at Arizona State University this fall on evolutionary science and its uses in progressive activism. The version of the lecture I wanted to give turned out to be 4 hours long, so I recorded that version in 13 tracks and posted it on my website for free download at www.newbookforanewworld.com/lecture.
Why Democracies evolve into Dictatorships (tags)
It took only six years with Bush Jr. as President to give birth to a new generation of radical political activists, journalists, and commentators, whose main concerns are subjecting the insane policies of the President to exposure and condemnation; this, it seems, constitutes the foundation for nearly the entire realm of real political opposition in the U.S. The strategy here is limited to educating people about the destructive policies of the Republicans and hoping that in response, a protest or political movement will evolve powerful enough to either reform or displace those in power. Education of course, is absolutely crucial in transforming any dissident organization into an entity capable of action and results. However, by focusing only on the policies of the Republicans, without explaining the larger framework from whence they came, political education is greatly hindered, limiting the potential for effective action.
Rains, loud music keep protesters away from cops (tags)
It rained on their parade, but the band played on. Incessant heavy rains spawned by typhoon "Glenda" and loud music from the Philippine National Police (PNP) band kept hundreds of protesters in Quezon City in check and away from police lines hours before President Arroyo delivered her State of the Nation Address (SONA), a ranking police official said yesterday. The police initially expected the number of protesters to be between 15,000 and 20,000. As of noon yesterday, Bagong Alyansang Makabayan (Bayan) estimated that its delegation totaled 10,000 people.
Peak Oil and Politics (tags)
Among the many shouts of warning from environmentalists about global catastrophes, ‘Peak Oil’ stands out as the newest and most imminent. The issue has gained special acceptance from different sections of the left, who have chosen it as their primary concern – aside from of course, defeating Bush. Peak Oil and other environmental issues, such as global warming, have created important political questions that need to be addressed; the following is an attempt to analyze the different political considerations that arise when one discusses the topic of Peak Oil.
Neoliberal Geo-Politics (tags)
In truth, the war on Iraq is lost. Military com-manders in the field admit this in reports to the Pentagon. In truth, American military power cannot contain the growing violence. War is part of neoliberalism since profit maximization is made the supreme goal.
BTL:Bush-GOP Tax Cuts Benefit Wealthy While Jeopardizing U.S. Economic Future (tags)
Interview with Len Berman, director of the Tax Policy Center, conducted by Between the Lines' Melinda Tuhus
COMMENTS ON JOHN PILGER'S NEW BOOK FREEDOM NEXT TIME (tags)
PILGER'S ACCOUNT OF COURAGEOUS PEOPLE FIGHTING FOR THEIR FREEDOM
Break the Neoliberal Hegemony! (tags)
This call to a new LEFT party in Germany could give hope to all who yearn for social justice and structural/systemic corrections. While corporate profits and assets incomes set new records, wages, unemployment benefits and pensions are cut.
Philippines: Anti-Arroyo Groups Brace for Bigger Fights Ahead (tags)
In a gathering of around 100 leaders from labor, peasant, urban poor, women and youth groups, the umbrella coalition Laban ng Masa is bracing for bigger fights in its bid to oust the Arroyo regime and initiate reforms under a transitional revolutionary government.
No Peace to the Western War Policy and the Neoliberal System! (tags)
This war policy is justified as a completely selfless undertaking..When industrialists say a constitutional state must be built militarily, they really mean the right to plunder..What we witness now is the return to jungle law or double standards.
The Dilemma of Capitalism (tags)
Without capitalism, we could not live but we can hardly survive with it. Shifting social costs is the real core of capitalism..Politics is powerless toward the economy. Governments are forced to weigh the control of capital against positional deterioration.
Mad Profits (tags)
The new typoe described by the sociologist Christopher Lasch in his book "The Blind Elite" is unscrupulously fixated on economic calculation.. He cannot feel a sense of responsibliity for the community of a city, region or country.
GOVERNMENT Lula: The NEOLIBERAL GOVERNMENT THAT WORKED? (tags)
Ivo Lesbaupin is a sociologist and professor of the School of Social Service of the UFRJ. He studied at a Dominican seminary, contemporary of frei Beto, frei Tito and others.
STOP CORPORATE GLOBALIZATION: ANOTHER WORLD IS POSSIBLE! (tags)
A Statement of Unity from the OUR WORLD IS NOT FOR SALE Network:(www.ourworldisnotforsale.org)
CALL TO ACTION: RE-INSTATE EU AND US AID TO PALESTINE (tags)
Please join thousands in signing a petition that may encourage the international community to head off the serious humanitarian crises in Palestine from getting even worse. There is also a link to this on Dr. Marcy Newman’s blog http://bodyontheline.blogspot.com/ Additional information about the region and political action at http://www.voicesofpalestine.org Please copy, e-mail and distribute this as widely as possible. http://www.petitiononline.com/JfJfP/petition.html
"The US is a Terrorist State": Leonardo Boff (tags)
Everyone feels we are on a wrong track because we do not have a social contract any more..The US is a terrorist state. The US acts with violence, crushes human rights and tortures Americans and foreigners.. As humanity, we stand at a crossroads.
Racism runs deep (tags)
Immigration opponents hiding behind the myth of stolen jobs and lost wages.. The research shows that immigration only has a tiny negative impact on local wages.
African-Americans, Economic Well-Being, and Immigration (tags)
...while the concern for African-American well-being is well placed, the source of the problem is not always correctly located...
Why politicians hate immigrants (tags)
Throughout the history of the United States immigrant workers have been the victims of racism, exploitation, and in times of war, internment and violent attacks. While Spanish-speaking immigrants have had especially turbulent periods in the past, only recently have politicians made attempts at further marginalizing this already oppressed layer of society. Why these attacks are suddenly reemerging is something left unexplained in the mainstream media, and is thus an important issue to examine.
Psychology of a Guaranteed Income (tags)
The main obstacle to a guaranteed income seems to be psychological, the envy triggered by another's good fortune.. People will always work since boredom becomes overwhelming.
IWW resolves to join May 1 General Strike (tags)
The Industrial Workers of the World have passed a resolution supporting the struggle for immigrant workers' rights and calling on their membership and all workers to join the General Strike on May 1st, 2006.
Capital Needs a Counterveiling Power (tags)
Functionless profits do not lead to more investments..The market, competition and profit are not ends in themselves. The economy exists for people, not vice versa.
Liberation Theology and Globalization (tags)
Economic globalization leads to the exclusion of the masses..When world hunger increases, we must change the nature of the world economy to survive..We are all enslaved by a paradigm that makes us enemies of nature.
provocative book on China and globalization (tags)
New book reveals what is China and current global affairs.
Coming Next: "El Gran Boicot" (tags)
Pro-immigrant coalition to paralyze US economy
US Comptroller General predicts economic disaster for the U.S. (with video) (tags)
The Coming U.S. Dollar Collapse
financial newshour: China's changing global role (tags)
China's development vs world
The Land Needs a New Vision (tags)
In capitalism, production is for the market instead of for satisfying needs..The postulate `Work as cheap as possible and at the worst possible conditions' leadsus back to the 19h century. We are far removed today from the watchword More Time for Living and Loving'.
Imperial Conquest, Torture, and a Little Matter of Genocide (tags)
Abandon all hope, ye who enter here....
Memorandum 2005: Alternative Economic Policy (tags)
In Germany and the US, the corporation is often stylized as the suffering servant. The market is made sacrosanct; all problems are defined as interferencs with the market. Profits soar and investments fall. Corporations pay increasingly less tax.
No Work instead of Precarious Work (tags)
After the fall of the New Economy, flexibility, individualization and outsourcing are obviously threats not promises and mean nothing but poverty and precarious working conditions.
National Black Peoples Unity Convention to Convene In Gary, Indiana in March (tags)
Thirty-four years after the historic 1972 National Black Political Convention, a new group of activists will convene in Gary, Indiana from March 9 – 12. They will come together as participants, ready to formulate a strategy around not just a political plan, but around the more important agenda of a long term Black economic empowerment strategy.
3 authors interviews: The China Factor and the Overstretch of the US Hegemony (tags)
3 books that can change your mind in 2005 about the geo-politic and geo-economic dynamics going on
Report: Housing Will Slow, Claiming 800,000 Jobs (tags)
LOS ANGELES -- A sustained decline will hit the U.S. housing market next year, costing the nation as many as 800,000 jobs, according to a new economic report released Wednesday.
Politics of Extreme Unction: Revolutionary Rights (tags)
Revolutionary rights. when constitutional rights are either absent or fail.
The Work Society and the Work Religion (tags)
Work is only a part or fragment of life. Where it becomes everything as a steamroller or religion, it leads to idiotism where social questions and reproduction are ignored.
Open Letter to United for Peace and Justice (UFPJ) From Mobilization for Global Justice (tags)
Congratulations on organizing a very large demonstration in Washington, D.C. the weekend of September 24-25. The numbers and the resulting media coverage and visibility were indeed impressive. Having said that, we would like to share with you some fundamental political concerns of ours with: • the manner in which the mobilization was called, • what was and what was not included in the political message, • and how that was reflected in the way in which the organizing for the demonstrations happened on the ground.
Paul Samuelson Attacks a Dogma (tags)
The best-known economist of the world doubts that shifting services to india and buying cheap goods from China bring advantages to Americans when the income of workers falls through foreign competition. The rich North will lose its monopoly profits under the conditions of globalization.
Competition is not a Natural Law (tags)
Instead of working out and overcoming the causal problems, people put a veil of the fun society over the whole-as in the times of Rome..Ideologues elevate the principle of competition into a natural law to immunize the market econmy from all criticism.
hemp rationale (tags)
The time is now to rally around hemp for energy independence and reduction of global warming.
Time Autonomy for Everyone (tags)
Given the enormous advances in productivity, radical reduction of working hours is an overdue demand. However working hours are actually lengthened.. Power relations are hidden behind the distribution structures.
Exploding Profits and Stagnant Wages (tags)
"Domestic demand has stagnated for years.. Money for investments exists in excess in Germany. However investments declined 0.7% in 2004 despite record profits. Invest-ments fell for the fourth year in a row and are 13 percent lower than the 2000 level.."
Protest the Annual World Bank and IMF meetings::Call for Direct Action::Sept. 23-25, 2005 (tags)
Join us and the millions around the world dedicated to a world where development, security, and democracy are no longer tools of rhetoric employed by the World Bank, the IMF, and the U.S. government but are realities in the lives of all. Come to Washington DC September 23-25th for a weekend of spirited action to shake the pillars of empire!
An open letter to anti-immigrant groups (tags)
A satirical, but sincere offer to anti-immigrant groups claiming they aren't racists.
U.S. Congress Increases Backing for Haiti Coup Regime (tags)
Haiti: U.S. Subcommittee passes bill to recruit and deploy U.S. citizens in support of Dictatorship
BTL:Military Base Closings Force Communities to Plan for... (tags)
...Sustainable Economic Development ~ Interview with Joanne Sheehan, of the War Resisters' League, conducted by Between the Lines' Melinda Tuhus
Basic Income as a Democratic Civil Right (tags)
The ecnomic conditions in which the utopia of Aristotle or John M Keynes could become a real utopia objectively exist. We live under our real economic possibilities.The end of the work society is not the end of work but the transition to a really free society of citizens.
Weak Dollar and Strong Bush: China and US Debts (tags)
To stabilize the value of the dollar, the US needs a daily currency inflow of $1.8 billion.. The budget plan of the White House rests on unrealistic assumptions.. The Bush administration assumes higher revenues by means of the tax cuts.
Vietnam and Cuba - Thirty Years After Liberation (tags)
Thirty years ago today Vietnam fell...into the hands of the Vietnamese. Actually, it was taken by the Vietnamese after decades of struggle. Cuba was there to support Vietnam all the way. A discussion of Vietnam and Cuba's links to it.
Social Justice and Social Policy (tags)
We run the risk of making economic success absolute. However economicsuccess is a means to an end..Economic success is only legitimate when it improves the living conditions of citizens..The social foundations of democracy fade when poverty, unemploy-ment and social insecurity increase.
Economists and their Ideologies (tags)
The conventional economy starts from the assumption that a rational economic actor always sees himself in competition to protect his own interests..This model corresponds to the reptile brain and a territorial conduct.. Cooperative being does not oppose nature..
Land Reform Bearing Fruits- Long Live Mugabe! (tags)
In Solidarity with Zimbabwe and her anti-imperialist leadership
This show will outline why reparations should and must be paid to the descendants of America's African slaves.
Bashar Assad ordered the death of Rafiq Hariri (Bill Clinton ) (tags)
People in the media should stop making up infantile excuses by saying the real power behind Bashar Assad killed Hariri. Assad is the power
CKUT Radio: The Battle of Guadalajara Mexico - A Radio Documentary (tags)
PowerNomics: Plan for Economic Power for Blacks (tags)
Dr. Claud Anderson will be in Los Angeles, California on Tuesday, December 14, 2004, at the Power of Love Hall, which is located at 1430 West Manchester, Los Angeles, CA, at 7:00 p.m. Please attend. This is a VERY important conference concerning the creation of economic wealth for Black America...PowerNomics.
PowerNomics, The Economic Plan for Empowerment for Black America (tags)
Dr. Claud Anderson, Ed.D, PowerNomics, The Economic Plan to Empower Black America
Overcoming the Deficit (tags)
The deficit can only be lowered by devaluing the dollar at least 20 to 30 percent.. In 1963 the deficit amounted to five percent of econo-mic output. This changed within eight years into a surplus of one percent. Economic growth, tax increases andspending discipline
SNAP OUT OF IT! (tags)
The Day to Forget the November 2nd Election Forever is November 3rd.
Venezuela's election: defeat for opposition, advance for the Bolivarian movement (tags)
Ronald Reagan's Legacy (tags)
"For the richestg 1%, the Reagan tax cuts were pure elixer.. Reagan's budgets slashed social spending. Domestic discretionary spending was the special target.. Hardest hit were programs for low-income Americans.."
Capital Logic on Trial (tags)
"Rainer Roth in The House of Cards puts the mechanisms of the capitalist economy on trial.. To counter the long-term descent of profit rates, the tax burden for businesses, a constant 21% from 1960 to 1980, has spiraled down to only 8% today.."
Economics for a Shrinking Planet (tags)
The expansion of humanity's ecological impact on the planet cannot continue much longer without violating natural thresholds. To survive, we must develop a new way of thinking about our economic activities. This article briefly describes the author's approach to such a new mode of thought.
"The Young Must Have a Chance" (tags)
"The whole financial regime between the country, territories and communities is out of order. The communes were sacrificed on the altar of tax reform. Enough money is there.. Lengthening working hours in a time of weak growth and high unemployment is absurd.."
Is Despair Spreading in the Bush Camp? (tags)
"The situation for Bush is really precarious if one considers the increasing signals that the economic system is much weaker than assumed.. Ultra-conservatives are worried about the great global instability.."
LIBERATING THE ISRAELI ECONOMY FROM OCCUPATION (tags)
It surveys the Israeli government's attempt to liberate the economy from socialist occupation. It looks at the fight over the just passed 2005 budget and gives a cautious "green light" to the direction of the reforms.
Georgia Activists Prepare to Unwelcome the G8 (tags)
Georgia activists plan alternative events to the 2004 G-8 Summit in Georgia despite heavy military presence.
Coalition of Black Trade Unionists: Mobilize the vote (tags)
Bush lies ‘coming and going,’ CBTU leader charges
Mass meeting in NoHo to stop arts cuts (tags)
The online magazine for the San Fernando Valley's NoHo Arts District, www.nohoartsdistrict.com , is helping to organize an emergency community meeting to stop the attacks on CAD. Join representatives from the Cultural Affairs Department, the NoHo Theatre & Arts Business Collaborative, Valley Theatre League and other arts organizations to save the arts in Los Angeles.
Developing countries summit in Venezuela: "To recover the South-South identity" (tags)
The developing countries encounter will take place next February 26th to 28th in Caracas, Venezuela. It will count with the presence of the presidents of Argentina, Brazil, Mexico, Peru, Chile, among others.
Drivers Licenses, Not War! California Latino Economic Strike Great Success (tags)
Los Angeles, CA - Thousands of Latino workers, students and shopkeepers stayed away from work and school Dec. 12, in support of the statewide Latino Economic Strike. The Latino Economic boycott was called by the Mexican American Political Association and Hermandad Mexicana Latino Americana, with the support of hundreds of other organizations, to protest the repeal of SB 60, the law that allowed undocumented immigrants to get drivers licenses.
Wages up for the well-off, but not for others (tags)
The gap between workers in the 90th earning percentile and the 10th has never been wider. Said Ann Owen, economist at Hamilton College (NY) and former Federal Reserve economist (DC), "we can probably project a future growth in inequality."
Empire strikes out (tags)
First publicated on the trotskyist review Marxism Alive 6
World Economic Forum in Warsaw April 28-30 (tags)
Alternative Economic Summit imc pl 23.12.2003 09:39 The implication of the World Bank and the World Economic Forum (WEF) in making political decisions in Poland is poorly known. At the upcoming WEF summit in Warsaw (28-30 April 2004) it's likely that there will be organised debates at an Alternative Economic Summit.
Grip of Death (tags)
This is the world that has been pulled down over your eyes to blind you from the truth...
Protest Repeal of SB60-Dec. 12 (tags)
Lebanese Farmers and the Syrian Occupation (tags)
"It is in exchanging the gifts of the earth that you shall find abundance and be satisfied. Yet unless the exchange be in love and kindly justice, it will but lead some to greed and others to hunger." Lebanese poet Khalil Gibran, 1923
Neoliberalism: Definitional Problems (tags)
"Neoliberalism starts from a negative.. assumption that every person prefers him- or herself or circle. Therefore corruption is inevi-table. This development can only be prevented by reduction of the public sector and the absolute self-control of the market."
Congressmen of 'Integrity' refuse to penalize Mutual Fund abusers (tags)
Only 2 members of the House of Representative rejected legislation that would impose penalties against fund trading abuses. Who were these industry insiders? Reps. Ron Paul (R-TX) and Jeff Flake (R-AZ), key members of the Republican Liberty Caucus.
Lebanese Farmers and the Syrian Occupation (tags)
it is in exchanging the gifts of the earth that you shall find abundance and be satisfied. Yet unless the exchange be in love and kindly justice, it will but lead some to greed and others to hunger." Lebanese poet Khalil Gibran, 1923
GLOBALIZATION: A SIMPLE DEFINITION-“Diez horas con la globalización”(google) (tags)
A SIMPLE DEFINITION OF WHAT THE GLOBALIZATION IS. According to the book “DIEZ HORAS CON LA GLOBALIZACION” (amazon, google, yahoo, netbiblo, Foro-los retos de la globalización, elcorteingles, netbiblo, indymedia.org..) Author: Oscar Sanchez Fernandez de la Vega (google). email@example.com
Jobs Go Bye-Bye Under Bush (tags)
Another fine example of the ecomomic policies of the cheap labor conservatives.
Commerical Activity Allows Freedom of Social and Economic Restrictions (tags)
The real revolution is to become an entrepreneur. See Alex Jones (www.infowars.net) for more on government abuses.
Worth reading (tags)
Interesting article from the Asia Times. A different perspective than the usual propaganda from our Wall Street-controlled media.
Renowned Economist Blasts Bush's Economic Policies (tags)
After Krugman's speech, Nobel laureate and UC Berkeley professor George Akerlof led a standing ovation and hundreds of people stood in line to buy Krugman's new book.
THIS WEEKEND (tags)
October 4-5, The Center for Process Studies will sponsor a conference on American Empire. Saturday's proceedings will be themed "The Reality and Nature of American Empire." sundays proceedings will focus on "Alternatives to Empire."
The Cancun Summit-WTO on the edge of abyss (tags)
Are "anarcho"-capitalists really Anarchists? (tags)
Because "anarcho"-capitalists embrace capitalism and reject socialism, they cannot be considered anarchists or part of the anarchist tradition.
Job Losses At Great Depression Level (tags)
The wonders of Bushonomics on display for all. His Father may have been George Herbert Hoover Bush - does this make the current Bush Calvin Coolidge?
Poor People's Campaign To Relaunch In LA (tags)
A broad coalition of community, labor and civil rights groups join with Service Employees International Union Local 434B long term care workers to announce the kickoff of the Poor People’s Campaign to bring attention to poverty and injustices of underdeveloped neighborhoods of L.A.
Collateral Damage (tags)
Let's talk about "Collateral Damage". Where did this term come from? How did collateral damage become the description for civilian deaths in what have been illegal wars perpetrated by America?
"The gigantic blackout (that will certainly not be the last) was a direct consequence that the US is so exemplary in the special neoliberal disciplines privatization and lower costs..Profit maximization at any cost leads to abstract cost cutting pressure." From German
Solidarity Economics is Ecology (tags)
How can there be a global movement with no platform and no economic vision and leaders who hide? If the Brazilian constitution defends the right of the starving to steal food, then surely the poor of the world have the right - under any way of thinking - to steal back control over their lives and their local economies.
The Forbidden Truths of Human Economic Systems (tags)
A Truth-based dissection of the genocidally evil economic policies and structures that all human governments and societies inflict upon their citizen-slaves.
It's 2003, do you know what the "Club for Growth" is? (tags)
"When the supply-siders at the Club for Growth decide to back a candidate who favors the economic policies of the Reagan era, donations don't just trickle down, they gush." -- Congressional Quarterly Today, Feb. 7, 2003
How Brad and Emily took Jamal and Lakisha’s job (tags)
Attention African American’s struggling to find a job in today’s job market, George W. Bush’s miserable economic policies may not be the only reason for your unemployment. It could be your name.
On the Human Right to Laziness (tags)
"Paul Lafargue spoke satirically about the first sinister acceleration thrusts of early industry: "All individual and social misery comes from a passion for work. O laziness, be merciful with your endless misery!: O laziness, you are the balm for the pains!"
Taxes for Revenue Are Obsolete (tags)
Taxes are NOT collected for revenue, but for redistribution of wealth to the wealthy, for the social control of YOU!
The Kennedy sycophant's guide to oppressive taxes (tags)
Does the Bush tax plan favor the wealthy? Well, yeah... Let the Democrats and their ilk pool their resources to subvert the Constitution and help "the people" build a Welfare State -- the rest of declare this taxation (read: legal plunder) to be oppressive.
AS THE ECONOMY CRUMBLES - June 16, 2003 (tags)
Summarizing the crappy economic news of the week.
Social War in France (tags)
"The radicalisation of the strikes, the images of violence like those seen on Tuesday evening in Paris could disturb consumers' peace of mind"
Russia after the War in Irag (tags)
After the War is Before the War (tags)
The Marburg professor of political science gave this address at the union conference "After the Kosovo War" on Sept 4, 1999. Translated from the German
Economic Fascism and Tax Slavery (tags)
"Words mean what I say they mean, Alice," said the Mad Hatter
Neo-liberalism (by Latuff) (tags)
Copyright-free artwork by Brazilian cartoonist Latuff.
Overcoming Violence (tags)
"I compare this new movement with the early battles for the abolition of slavery in the 18th century..At that time a hundred years were needed to abolish slavery, end child labor and introduce minimum wages..We need a different economic globalization from below..
U.S. Government of the rich, by the rich, and for the rich (tags)
How has the secretive U.S.-based IMF/World Bank economically enslaved poor countries?
War with Syria planned if Bush re-election in doubt. (tags)
"If Bush's re-election in 18 months should be endangered by the poor economic situation, his advisers could consider a new confrontation useful to get the voters back behind the commander-in-chief in the White House,"..
Nine Theses on Moving the Peace Movement Forward (tags)
[Editor: John Gershman, Interhemispheric Resource Center (IRC) Editor's Note: This piece was commissioned under the auspices of the Project Against the Present Danger. Foreign Policy In Focus www.fpif.org]
The Handmaid's Tale Proceeding on Schedule! (tags)
My fellow Canadian, Margaret Atwood, could not have predicted what we're now going through more accurately.
For Our Common Future - No to War! Cancel the Debts! (tags)
"War has changed into a structural and permanent part of the global hegemony.. In the name of the liberalization of the market, the population sees itself robbed of its elementary rights. Every area of life and nature is for sale.." Porto Alegre Jan 2003
The Hyper-Power (book review) (tags)
Noam Chomsky speaks of a completely de-politicized society that has left the monopoly of decisions to an anonymous leadership caste..The war against Iraq should be considered as a kind of domestic political necessity. Translated from the German
SUPPORT ELECTRONICIRAQ.NET! (tags)
NEW INDY NEWS WIRE LAUNCHES FROM IRAQ!
BTL:Third Meeting of World Social Forum in Brazil Addresses Issues of... (tags)
...War, Peace and Economic Inequality. Interview with the Soren Ambrose, of the 50 Years is Enough Network, conducted by Between the Lines'Scott Harris
The Real but Unspoken Reasons for the Iraq War (tags)
Although completely suppressed in the U.S. media, the answer to the Iraq enigma is simple yet shocking. The upcoming war in Iraq is actually an OIL CURRENCY war. The Real Reason for this upcoming war is this administration’s goal of preventing further OPEC momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. (This is a long essay)
Assessing the Humanitarian Tragedy in Iraq (tags)
No modern humanitarian emergency has been as intensely examined as the humanitarian crisis in Iraq in this decade. Since 1990, more than thirty major studies have been conducted on the impact of the war and the continuing economic sanctions
BTL:One Year After Argentina's Economic Collapse... (tags)
...Citizens Building Democratic Community Institutions. Interview with Todd Tucker, of the Center for Economic Justice, conducted by Between The Lines'Scott Harris
12/30: AmericasWatch - Looking Back 2002 to Look Forward 2003 (tags)
Occational News Services from PeaceNoWar.net URL: www.PeaceNoWar.net **2002 PeaceNoWar/ActionLA Suggests Holiday Reading/Film/Music Lists URL: http://www.actionla.org/ActionLA/2002list.htm
A Left Wing New Years Resolution: Localization vs. Globalization (tags)
This is why it is good to get some union activist experience. You'll soon discover that people are mainly interested in how to improve their lives and the lives of their families first and foremost.
venezuala: gunman may havebeen hired by anti-chavez general (tags)
Venezuelan Masses Support Chavez. Corporate media lieing as usual (tags)
read http://www.narconews.com The corporate media spinners are doing all they can to bring down the democratically elected president of venezuela. The strike by the rich in venezuela has been defeated.
Freedom Bus on its way to California! (tags)
Serviced Bus New Freedom Bus delayed. The bus was serviced and repaired after being without heat for 36 hours. This delayed the arrival of the freedom riders in Kansas.
BTL:Economic Sanctions on Iraq Continue to Exact Deadly Toll on... (tags)
...Civilian Population. Interview with Joy Gordon, professor of philosophy at Fairfield University conducted by Between the Lines'Melinda Tuhus.
CONDOLEEZZA'S NONSENSE ABOUT DEMOCRACY (tags)
Some history rather than hysteria...
Maxine Waters Town Hall Meeting and Speakout (tags)
October 5, 2002 First Church of God
Maxine Waters Town Hall Meeting and Speakout (tags)
October 5, 2002 First Church of God Inglewood, CA
The Appetite of Leviathan (tags)
Money replaces the `cosmos' as the unifying social characteristic. Every pack of wolves is more socially organized than free enterprise persons..The little monsters should be tamed by the enormous monster"Leviathan". The state share has increased everywhere.
Socialist Planning -- Liberation from the Market (tags)
The following is written by the Maoist political economist Raymond Lotta. It is excerpted from a larger discussion on http://2changetheworld.info where Ray posted a series of comments called "Socialist planning vs. Market Socialism."
Zimbabwe Under Siege (tags)
A history of Zimbabwe and its ongoing land reform struggles in the face of drought, starvation and economic disaster perpetrated by Western intervention and demands.
Thousands of Activists Rally in Jo'burg to Challenge World Leaders at Environmental Summit (tags)
Under the theme "A Sustainable World is Possible, " the Global People's Forum has officially opened up at an Expo Center 14 miles from the official site. Activists and NGO's will gather there for a variety of activities, rallies, and workshops on various sustainability issues ranging from environmental justice, water scarcity, and strengthing local economies.
Why Socialism? By Albert Einstein (tags)
Clarity about the aims and problems of socialism is of greatest significance in our age of transition.
Grassroots meeting urges good jobs now (tags)
LINTHICUM, MD. – Washington-based Good Jobs First (GJF) brought together 300 labor union, community and environmental activists July 11-13 to demand that corporations provide living wage jobs with health care and union rights in exchange for the tens of billions of dollars in annual taxpayer subsidies they enjoy.
Give It Away (tags)
Beware! The Maussians Are Coming! This article by David Graeber discusses the concept of the gift economy, an idea first explored by Marcel Mauss in his descriptions of the Kwakiutl of British Columbia. He describes how the historical reality of such economies refutes many of the assumptions made by neo-liberal economists about the historical development of economic systems. Also discussed are contemporary groups (such as the MAUSS group in France) who take their inspiration from such findings to attack and dismantle the philosophic basis of capitalist economic theory.
Globalization Has Helped the Poor: Study says (tags)
Contrary to anti-globalizers study says that globalization has helped the poorest in the world
RISE UP 2002: Hundreds of activists join with Farmworkers at UCLA (tags)
The RISE UP 2002 Conference has started. Hundreds of participants collected at Perloff Quad on UCLA campus this morning for the opening plenary; and are presently filling the classrooms of both Royce and Rolfe Hall in the first series of workshops. The conference has been organized by the Coalition of Imokalee Workers (CIW)as part of the Taco Bell Truth Tour.
BTL White House Drive for New War with Iraq Faces International Opposition (tags)
Between The Lines' Scott Harris spoke with Denis Halliday, former Under-Secretary General at the UN in charge of Iraq's oil for food program, who resigned his post in protest of economic sanctions in 1998. Halliday examines Washington's war plans and the potential threat that Iraq poses to its neighbors and the U.S.
Video: Protesting the W.E.F. in New York City, 2002 (tags)
Between February 2nd and 3rd, more than 200 were arrested outside the annual meetings of the World Economic Forum, which met in a veritable police state in New York City's elite Waldorf-Astoria hotel.
WEF's weak point! (tags)
The World Economic Forum has a weak point!
SAT F2: PERMITTED DEMO vs. WORLD ECONOMIC FORUM (tags)
In response to permit applications placed by organizers at International A.N.S.W.E.R. (Act Now to Stop War & End Racism), the New York Police Department have told us they *WILL NOT* be creating a Quebec-type exclusion zone surrounding the Waldorf Astoria Hotel, the site of the annual meeting of the World Economic Forum (WEF)...
GUARDIAN: Interim Argentinian Leader Quits (tags)
Argentina today struggled to fill a political vacuum after President Adolfo Rodriguez Saa stepped down after only 10 days in office.
The Progressive Los Angeles Network's 21 Point Agenda (Summary Version) (tags)
This 21 Point Agenda provides a list of priority actions that the City of Los Angeles should take to make LA a more just, livable, and democratic place.
"Progressive LA: The Next Agenda" Conference - October 20, 2001 (tags)
"Progressive LA: The Next Agenda" Conference Saturday, October 20th from 9:00 AM to 4:00 PM at the California Science Center - 700 State Drive, Exposition Park, CA The conference is free and open to all! Lunch will be served. We will provide supervised children's tours of the Science Center during the conference. Limited seating, please register by calling 323.259.1412 or on-line at www.progressivela.org
40-Day Fast Launced to Protest 11 Years of Iraq Sanctions (tags)
Between The Lines' Scott Harris spoke with former U.N. Under-Secretary General Denis Halliday, who had been in charge of Iraq's oil for food program until he resigned his post in protest of the sanctions in 1998. Halliday explains why he and others continue to work for an end to the economic sanctions against Iraq.
World Bank chief slams "superficial" anti-globalisation protests (tags)
"My worry is that the real issues of poverty, of AIDS, of corruption of the things that we're trying to fight, get pushed to a back burner and you see on the front page really the superficialities of the protests," Wolfensohn said.
Seeking Change in Genoa (tags)
G-8 nations have pledged to address poverty, disease and debt reform at this weekend’s meetings, but activists and campaigners don’t believe the G-8 has what it takes to make real change.
World leaders defend globalisation in face of protests (tags)
An anti-globalization protester strolls past a burning car as widespread clashes with police erupted though out Genoa July 20, 2001. Police have been expecting violence as some 150,000 anti-globalization protesters took to the streets as Group of Eight leaders gathered for a 3 day meeting in the northern Italian city. (Stefano Rellandini/Reuters)
Doctrinaire Unilateralism (tags)
Over the years, American leaders have insisted that the nation's real power comes not from its military might nor from its economic clout, but from the universal appeal of America's democratic ideals. NOT ANYMORE!
Economic Reporting Review | Week of Apr 14-20, 01 (tags)
A weekly analysis of economic reporting in the Washington Post and New York Times. Excerpts relating to corporate globalization: Turkey & the IMF, FTAA, Drug Patents, Bangladesh & Sweatshops.
Atrocities in Cancun at the World Economic Forum (tags)
While the world follows Britain's cattle disaster, and the American press remains virtually silent on the meetings between the Zapatistas and Fox's government, Fox's riot police savagely brutalize peaceful demonstrators in Cancun at the World Economic Forum, in an all-out attack on departing protestors. This is the face of the world elite's "Globalization." From Chiapas Indymedia. http://chiapas.indymedia.org/