Ukraine's decoupling was foolish and dangerous (tags)
Promote peace, don't fuel conflict. There are only two ways to end a war. Either with a negotiated settlement. Or with the annihilation of one side or the other. That's how wars end, unfortunately, when there is no negotiated settlement...There must be a diplomatic solution.
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.
True and False Causes of the Financial Crisis (tags)
If we can produce enough for all in superfluity-and we are already technically in this position-why must the whole enormous social wealth be squeezed through the needle of buying and selling, money, profit and growth? We all deserve something better than capitalist crisis economy.
True and False Causes of the Financial Crisis (tags)
The jubilant singing about free enterprise as the supposedly best of all worlds sounds much quieter than at the beginning of the 1990s. We urgently need alternatives. This is now a matter of survival. As it was taboo to doubt the rule of the church in the Middle Ages, the thought prohibition of questioning the market economy is in effect.
The End of Neoliberalism and the Crisis of Capitalism (tags)
"Guaranteeing the social infrastructure and social security for everyone should be central instead of guarantees for banks and corporations and socialization and democratization of the economy instead of nationalization!"
Barely Contained Outrage: What the Europeans Really Think (tags)
What the Europeans really think about America's regulatory blunders
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.."
Neoliberal Definitional Power (tags)
"What is central is ending the constant expropriation of employees, not the expropriation of entrepreneurs." Market fundamentalists stylize every tax as expropriation as though they had no responsibility for paying for roads, schools, health care, police, fire departments and water-food supervision.
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.
In "1984," George Orwell warned that war would become a domestic necessity to divert the people from economic contradictions. Inequality may promote productivity but also undermines public spirit and social ochesion
The fianncial markets, the fifth branch, are probably the most important markets today. Many remain excluded from this time- and space compression. Most people are barred from the advantages of globalization like greater mobility and improved communication