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.
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.
We persuaded ourselves permanent economic growth was the answer to all questions. We should now engage in a growth debate about the nature of this growth, not whether we should renounce on economic growth. Increased GDP can mean destruction of foundations in long-term
Disarm the Markets! New Attac Basis Text (tags)
The therapy depends on the diagnosis. Mechanisms, instruments and actors can be identified whose action and teamwork led to the crash. The age of a unipolar world was very short. An historical chance is opening against finance capitalism.
23 Theses on the Capitalist Crisis (tags)
Since the middle of the 1990s, the real economy only grew on account of the expansion of credit. After the dot.com crisis, the floodgates were opened. In the next four years, the Fed brought more dollars in circulation than in the whole 200-year US history.
Hunger, GMOs and Speculation (tags)
Like many other countries, Kenya provided its own staple foods until the 1980s. Today the country imports 80% of its food. To buy up the entire grain harvest of the US, only $120 billion is needed-a small amount for speculators on currency market
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.
How Speculators Are Causing the Cost of Living to Skyrocket (tags)
Speculation results in preposterous exaggerations, with real consequences for the economy. The excesses of financial markets are sending the world economy into convulsions. The financial markets have developed into a "monster" that needs to be tamed (Horst Kohler).
Imperial Multilateralism in Crisis (tags)
For half a millenium, the West-first Spain and Portugal, then England and lastly the US-ruled the world. This position is now seriously put in question by the newcomers.. In reality the IMF and the World Bank are dominated by the US.
Basic income would revolutionize today's work society. Workers would gain negotiating power and employers would have to pay more for onerous work. Everyone would receive a basic income without being tested for neediness or beingforced to a return favor.
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.
Danger by Eduardo Galeano (tags)
The colonial organization of the planet would run a risk if the poor countries, comprising the overwhelming majority, could vote. They are invited to the banquet - to be eaten..II turns out that power is not as powerful as it says it is "
The Cancun Summit-WTO on the edge of abyss (tags)
WTO
IMFC meetings rescheduled to November (tags)
IMFC and Development Committee Meetings To Be Held November 17-18, 2001 in Ottawa