Economic Stagnation and its Mastery (tags)
Corporate profits explode while investments stagnate.Social housing declines with privatization. According to neoliberal theory, higher profits lead to grater investments and more jobs. In truth, higher profits lead to more use of tax havens and companies buying back their stock.
Attac France on the Stiglitz Report (tags)
If the world really lives through a systemic crisis, solutions must also be sou9ght on this plane. Regrettably the mandate limits the commission to reform the international monetary system. The UN is the only institution with a democratic legitimacy.
Sachs says: 'Forget Debt, Spend on AIDS' (tags)
Columbia University economist Jeffrey Sachs says poor countries should simply stop making debt service payments and spend that money on health & education instead. As Jubilee South says, "Don't Owe, Won't Pay."