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.
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.
De-Acceleration or Globalization 2.0 (tags)
"The wondrous global division of labor came about in which threshold countries lend money to the US to buy Chinese or Indian products..Must cut-flowers from Africa be promoted in Europe?..With de-acceleration, globalization will catapult fewer jobs around the globe.
The Financial Crisis of the IMF (tags)
The IMF is an extremely undemocratic system. Instead of one country-one vote, the good capitalist principle one dollar-one vote was in effect from the beginning. Whoever paid most had the most votes and the greatest influence.