fix articles 425650, capitalism the Los Angeles Indymedia : tag : capitalism the

capitalism the

What “Jobless Recovery” Means in Capitalism (tags)

The phrase “jobless recovery” entered the capitalist lexicon in 2002. But since then nobody want to be associated with these phrase. Although a lot of economist tried to use this term as a byword. Still noboy want to own up to this infamous phrase. The term “jobless recovery “ had been associated with the terms of momentary statistical growth and corporate profits on books of accounts and in the stock market rather than in terms of production, employment and improvement of the people's living conditions.

The Crisis of Speculative Capitalism (tags)

The bubble bursts when debtors cannot pay and a bankruptcy crisis develops at the end.. The illusion of the stock exchange as a roulette with guaranteed permanent profits burst with the New Economy bubble..Only the worldwide regulation of the financial markets can avert their collapse.

The Legal Criminality of Finance Capitalism (tags)

The market mechanism, the Keynesians say, is not efficient or balanced. Charles Ponzi was one of the greatest swindlers of American history. Instead of the capitalist economy holding the strings of politics, politics could use economic power to create new realities.

Rightwing Anti-Capitalism (tags)

The interests of the working class are no longer defended by the dominant parties. On the background of this representation crisis (cf Gramsci), rightwing populist parties have electoral successes all over Europe.

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