Climate strike: How elites have been fighting Generation Alarm for five years (tags)
Some activists are later sentenced to pay millions in damages, others have to spend months in prison for their civil disobedience. In the Bild newspaper, RWE boss Rolf Martin Schmitz calls them "eco-terrorists." But neither heat, nor summer drought, nor coal protests led the politicians to ask questions about the climate.
Energy crisis: market intervention by policymakers is necessary (tags)
We are in the middle of a multiple energy crisis. The supply of energy is in danger, and prices will continue to rise. This is not only a problem for private households and companies. There is a danger that persistently high inflation will become entrenched. Then severe economic depression
The war in Ukraine and the consequences for the world economy (tags)
The Corona pandemic already shows that a rethink of trade policy is needed and that the neoliberal form of globalization is not fit for the future. Large-scale investments in renewable energies and a fair design of trade agreements would be advances that benefit everyone.
Toward a new economic policy paradigm (tags)
Over the years, the institutionally enshrined budget discipline has created a considerable investment backlog. Important investments in infrastructure, education and climate protection have not taken place.
Corona containment and capital utilization (tags)
In the Corona crisis, it became obvious that our capitalist economic system is not suited to protect human life. There must finally be an end to eternal growth, the exploitation of nature and people and the shortage of time, an end to "more & more, faster & faster and further & further."
Digitization and poverty (tags)
Technology is replacing human labor. .. A widely acclaimed study by Carl Frey and Michael Osborne estimates that 47 percent of U.S. jobs in manufacturing, retail, or service industries such as medicine, banking, or architecture are at risk.
How are the Children? - Silent Screams (tags)
How could adults do this to them when the risk of contracting Covid-19 is extremely low compared to other risks in life? A lost generation is growing up under our eyes. Those who remain silent and only watch are sinning against growing, still malleable souls and against the future of all of us.
All of a sudden, what has always been a taboo subject is being discussed in public: the question of whether the political leaders and their scientific advisors have overdramatized the threat posed by the virus and whether the lockdown strategy has overshot the mark.
How the economic doctrine of salvation is changing education (tags)
Economy always takes place in social contexts - even more: It is itself a result of social contexts. In this respect, a discussion in the context of sociology, culture or politics is essential. However, this insight is already missing in academic economics.
Crisis rent instead of debt trap (tags)
Store closings, event cancellations, slumping orders, short-time work and job losses, especially in precarious employment, have left many unable to afford their apartments or rented commercial space. Despite initial easing, there is no end in sight.
Lockdown and curfews, state of emergency and tracing apps, compulsory testing and quarantines, serial stops, compulsory masks, short-time work and mass unemployment, waves of bankruptcies and extended poverty traps: the COVID-19 disaster has escalated the chronic crisis of capital utilization with falling profits.
The complementary reality (tags)
Where we cannot completely displace the mainstream, we should first try to supplement it with our own more humane concepts.
Hayek and the Social Question (tags)
Hayek, author of Road to Serfdom, said the market was self-healing and market outcomes were just outcomes. In his book "Submission is Freedom," Schreiner explains how public investments and market corrections are vital.
Less is more and Tightening the rules for the unemployed (tags)
Gainful employment is just one form of work alongside others such as care work or voluntary work. Here I would like to endorse the model of the 30-hour week... There is a need to expand investment-based active labor market policy.
Austerity Policy as Momentous Mistake (tags)
The IMF's austerity policy of the last years was misguided. That austerity policy led to intensified growth declines and increasing unemployment and did not reach its goal of permanently calming the financial markets. Public investments could raise economic growth.
Trade War and Zero Deficit Myth (tags)
State debts are often necessary and are not automatically bad economically. Investments are prerequisites of future prosperity. When private parties spend too little, the state must step into the breach.
5 Questions on Tax Justice (tags)
Tax justice must be created and tax avoidance stopped to fight inequality and poverty. Apple paid 0.0005% tax on its profits in Ireland - merely 50 euros on a million euros profits. Corporations dodge their just contribution as part of society through tax avoidance.
Base Erosion and Profit Shifting (BEPS) (tags)
Closing tax havens, ending tax competition, and prohibiting profit-shifting are necessary for a fair tax system. The richest 1% in Pennsylvania could receive another $3 billion from Trump’s tax scam! Democracy is different than plutocracy. Problems do not disappear when they are ignored.
Neoliberal Austerity Leads to Deeper Crisis (tags)
A high state share in the economy, developed social states and readiness to intervene actively and anti-cyclically prevent falling into a depression. Trump's demonizing regulation, Medicaid, public schools, Head Start, Meals on Wheels, taxation and democracy must be resisted
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.
For a Different Economics (tags)
Economists are criticized everywhere for their onesidedness, their focus on markets and their inability to deal with the burning problems... From neoclassical assumptions "more is better" or markets lead to efficient distribution, a perspective on the world results that sets efficiency over justice
Austerity Policy as Momentous Mistake (tags)
The IMF's austerity policy of the last years was misguided. That austerity policy led to intensified growth declines and increasing unemployment... Public investments could raise economic growth both in the short- and long-term.
In the Whirlpool of Deregulation (tags)
The economy changed from real- to finance capitalism since the 1970s. This was not an accidental development. The economic researcher Stephan Schulmeister sees a pattern where deregulation created problems that were fought with more deregulation.
On the Solutions of Liberal Economists (tags)
The crisis has shaken economics to its foundations. The neoliberal mainstream has lost its support; economists alternate between self-doubt and arrogance. Once they believed in the rationality of economic actors and markets and the notion that financial management exists to serve the real economy.
Full List of Bilderbergers[]sp] Attendees (tags)
I’ve been dragging my feet on publishing this list because I’m worried that it would fuel excessive negative sentiment against the individuals involved.
Debt Tribunal and Green Socialism (tags)
Qualitative growth, breaking out of the box of quantitative growth, is the key to solving mass unemployment, environmental destruction and trade imbalance. A job in education costs 1/10 what a job in a chemical dye plant costs. The media is part of a system that refuses change.
To give a credit to a customer, a bank doesn't need to take the savings of another cutomer from its vaults. It creates the money out of nothing. In a countermove, the bank must deposit money with the central bank. There is a debate whether the creation of money can be left to the banks.
Dollar-Yuan Currency War (tags)
The value of the Yuan is not the cause for the US trade and balance of payments deficits. The reasons are the high state indebtedness (armaments/ wars and tax gifts to the rich) and the indebtedness of private households. The US has a trade deficit with 90 countries.
The Financial Crisis and the Failure of the Modern Economy (tags)
The US government debt shot up from 2.9% in 2007 to 5.9% in 2008 and 11.9% in 2009. At the summits of Washington, London and Pittsburg, the goat was made the gardener. Ineffective rules were resolved that hardly helped regulate the financial markets.
U.S. Socialist Alexander: NBER Offers Christmas Report Regarding U.S. Recession (tags)
Alexander says “Working people have not seen any signs of an economic recovery; as many as 22 million Americans are out of work. U.S. home sales plunged to the lowest level in 15 years, millions of working people are in jeopardy of losing their homes, and jobless claims have risen to the highest levels in 9 months. The U.S. is in the deepest recession in the past 80 years and there are no signs of a recovery.”
III-the International Crisis WS Report (tags)
The Master in Economics and official of the Ecuadorian Central Bank, March Naranjo Chiriboga, asked help from the Mercosur countries, mainly from Brazil, to overcome the global financial crisis. He believes that Ecuador, which has no own currency and uses the U.S. dollar for internal commercial transactions, will feel the results of crisis in a more pronounced way and will be one of the most affected countries in Latin America.
Do We Need a New Social System? (tags)
Only half of all employees today (in Germany) enjoy the old standard job.. The erosion of normal working conditions has been underway since the middle of the 1970s.. The basic income is the answer to the precariousness of working conditions.
Low Intensity War in Chiapas (tags)
The situation in Chiapas is very tense and everyday it worsens. This letter is an invitation for all of us, in each of our places and in our own way, to do everything possible to stop paramilitary aggressions in Chiapas. Here in Northern California we are organizing ourselves to spread the word as much as possible and pressure the Mexican government through international public opinion. Below you will find an article explaining the situation. Please send it out to as many people as possible. There is also, in Radio Zapatista's webpage (www.radiozapatista) audios from Morelia's Good Government Council and from the autonomous Municipal Council of Vicente Guerrero, as well as recent programs (in English and in Spanish) on the situation.
Brazil: "Petists" and "Toucans" have an agreement with bankers to prom (tags)
The "reform" of the Social Security, mixing interests of pension funds and of the financial system, will be implemented in the next government - no matter who will occupie the chair of the president of the republic at "Palácio do Planalto"
provocative book on China and globalization (tags)
New book reveals what is China and current global affairs.
British MP George Galloway to Speak in Los Angeles (tags)
British MP George Galloway will speak in Los Angeles, September 22 to Demand Money for Hurricane Relief, Not War in Iraq
George Galloway/Christopher Hitchens Debate Streaming Live on Wed. (tags)
Two years after the invasion of Iraq, British MP George Galloway and journalist Christopher Hitchens will debate the causes and consequences of the Iraq war at Baruch College in New York City. Moderated by Amy Goodman.
Stand Up and Be Counted: No War and Occupation: The George Galloway US Tour (tags)
September 13-24: Boston, New York, Toronto, Madison, Chicago, Seattle, San Francisco, Los Angeles, Washington, D.C.
"How can the state finance itself in times of worldwide competition without damaging the national econmy? How can it find the old strength without creating new poverty?.. There is no system-conforming way out of this vicious circle.."
The predicted consequences of global warming are manifest.. In 2050 England will be half under water.. Production shifts to low-wage countries. Instead of preventing this shift, politics still urges all people to adjust to the little group of egoists.
Criticism of the Social State is Irrational (tags)
"Paul A Samuelson, an important economist of the 20th century, worries about the state of the US economy. He fears falling wages..`We in the US are on the way to a plutocratic democracy. Neither Bush nor Kerry can stop outsourcing'."
The High Priests of Economic Nonsense (tags)
"The rules of social state restraint of wild capitalism are ignored. The class struggle from above has long been a fact since the coalition of capital with the government is fairly stable and the media play along. Resistance is inevitable.."
W. Virginia steel tests the mettle of Bush (tags)
West Virginians rely on manufacturing jobs, which earn about twice that of retail. But if Bush lifts the tariffs on imported steel, several thousand jobs could be lost in one fell swoop, and Republicans could lose the state in 2004.
Deflation Threatens. A Specter goes about in Germany (tags)
"The IMF recently warned of a deflationary development and a dangerous intensification of the economic crisis in Germany..Deflation is characterized by a lowering of price levels.. The cause is a surplus of goods over the demand for goods.." Translated from German
ANNOUNCING AN IMPORTANT EVENT FOR ACTIVISTS AND TRADE UNIONISTS (tags)
ANNOUNCING AN IMPORTANT EVENT FOR ACTIVISTS AND TRADE UNIONISTS