The Looming War Against China (tags)
In the United States, in the wake of Ronald Reagan's tax cuts for the wealthy & state-undermining deregulation, & Bill Clinton's "Third Way" takeover by Wall Street, there was an equally devastating shift of wealth & income to the finance, insurance & real estate (FIRE) sector. The "Third Way" was financial capitalism that made its profits by exploiting & indebting industry and labor.
$1.5 Quadrillion Time Bomb (tags)
finance
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.
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?
Ukraine Dodged a Bullet (tags)
Ukraine
Austerity Policy Leads to Low Economic Growth, 43pp (tags)
This IMF Working Paper published on January 31, 2013 was co-authored by the chief IMF economist Olivier Blanchard. The IMF erred in its fiscal multiplier in estimating the effects of state spending cuts in deficit countries. The paper was greeted by silence in Germany and the US.
class war
class war
Bona Fide Eurozone Crisis (tags)
class war
class war
class war
Heading for Economic Collapse (tags)
class war
Spain: The Latest Shoe to Drop (tags)
class war
class war
Deepening Greek Tragedy (tags)
class war
Ongoing Global Economic Crisis (tags)
class war
Crisis Conditions Grip Eurozone (tags)
class war
Grim Holiday Season Tidings (tags)
class war
Global Economic Tremors (tags)
class war
class war
Wrecking Europe to Fix It (tags)
class war
Free Internet Book: Towards a Wage-Led Recovery (tags)
This free Internet book was published in the International Journal of Labor Research, November 2011.
Bailouts, Bondage and Political Bankruptcy (tags)
class war
Eurozone Doomsayer Got it Right (tags)
economy
Kicking the Cannes Down the Road (tags)
economy
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.
Dissing Europe's Flawed Bailout Scheme (tags)
class war
Eurozone Bailout Deal: Hold the Cheers (tags)
class war
class war
Halloween-inspired protest greets World Bank chief in Manila (tags)
Manila, Philippines – It was an early Halloween at the World Bank office here Thursday afternoon.
Global Economic Crisis Deepens (tags)
economy
economy
Imploding Bubble Economies (tags)
economy
class war
economy
Dismissively Ignoring Hard Times (tags)
depression
imperialism
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.
Quantitative Easing: Elixir or Poison? (tags)
QE indeed poison as being used
US Capitalism in Crisis: An Emperor With No Clothes (tags)
The champions of US capitalism are having to get used to a changing global stage on which they play a diminishing role
Satiation or Two Limits of Growth: John Maynard Keynes (tags)
"The first great economic crisis of the 21st century marks the end of a failed political-economic experiment..The past 30 years of redistribution from bottom to top were a glistening epoch for the owners of capital.."
Michael Hudson's "Super Imperialism:" The Economic Agenda of Imperial America (tags)
How imperial America is funded
The IMF and Romania: A Road Less Travelled (tags)
IMF policies have left shattered economies.
Obama's New World Order (tags)
Obama's imperial agenda
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.
Social Economies and Political Conflicts (tags)
Most of our serious social, ecological and economic problems can only be solved bottom-up with the insight and will of concerned citizens. The challenge consists in a radical democratization of the economy. Otherwise we put the cart before the horse and bridle the horse by the tail.
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.
Proof that Bush and the Neo-Cons are Vatican operatives (tags)
Humanity's long nightmare has one underlying cause. The existence and requirement of money and the widespread greed, falsehood and injustice that it directly causes. The only way to end this world's widespread and persistent suffering is to end the existence of money and to replace it with wisdom and compassion.
Privatization and the World Trade Organization (tags)
Competence, efficiency and user-friendliness are in no way "natural" domains of private service providers.. Why should private investors be interested in maintaining the long-term infrastructure?
A Second Economy: Overcoming the Hurricane of Unemployment (tags)
"One of the problems since the so-called turn of 1989 is that the market is regarded as an ultimate natural law. The whole world was required to transform their economies into market economies.."
This is the world that has been pulled down over your eyes to blind you from the truth...
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.
The Welfare State, Globalization and the Rule of the Market (tags)
The welfare state regressing since 1974/76 or since 1982 must be reformed, democratized and decentralized.. What is central is refuting the neoliberal positional logic, reestablishinig solidarity and reorganizing and extending the welfare state
Defeat Corporate Communism (tags)
New book excerpt explaining how everything we thought was bad about communism is what's wrong with corporatism