Hurricane Harvey, followed quickly by Irma, left in its wake upended lives and enormous property damage, estimated by some at $150-180 billion. But the pummeling that America received also raise deep questions about its economic system and politics.
For 40 years, the Bremen study group has published memorandums. The council of experts promoted the profits of businesses, not aggregate economic demand. Mass unemployment surpassed the 5 million mark because of neoliberal structural reforms.
Millionaire's Tax is the Best Debt Brake (tags)
Sahra Wagenknecht is a leader of the Left party, Die Linke, in the German Bundestag and author of "Freedom instead of Capitalism." Learning from other cultures is a strength, not a weakness. The University of British Columbia had a tuition freeze for 6 or 7 years and kept tuition at $2300.
Economics' sharpest critics regard it as an auxiliary science of astrology, a sect that sings its same little song. Classical authors like John Kenneth Galbraith are finally rediscovered. Exactness is impossible. The coming generation should be protected from mono-cultural ideology
Occupy World - The Protest Against the Financial System Intensifies (tags)
Since the beginning of the financial crisis, governments from Berlin to Washington solemnly vowed to regulate the financial system more strongly, close the casino on the financial markets and call to account financially the speculators.for their inflicted damage. Deeds did not follow.
A Bank Bailout That Works (tags)
"The problem with America's banks is not just one of liquidity. Years of reckless behavior, including bad lending and gambling with derivatives, have left them, in effect, bankrupt."
The Great Ruin by Joseph Stiglitz (tags)
The war has destroyed the economy, society and sovereignty of the country. The economic misery is only an integral element of the general debacle. Paul Bremer issued laws abolishing import duties and lowering corporate taxes. Privatizing state enterprises violated Hague Convention of 1902.
Theologians of the Market Economy (tags)
Mandeville's thesis that private vices often change inadvertently into collective virtues as a bee collaborates in building a beehive is a literary construction. The market in Smith's explanation is nothing but a religious paradox.
President Bush has an uncanny ability not to see the big message.
U.S. Government of the rich, by the rich, and for the rich (tags)
How has the secretive U.S.-based IMF/World Bank economically enslaved poor countries?
The Will to Paralysis: The Crisis of Shareholder Capitalism (tags)
Scapegoats or black sheep are used to evade the crisis of the system. Considering matters more exactly would be very appropriate. Are manifestations of corruption and tax evasion normal side-effects of a system fixated on money?