By Yanis Varoufakis* On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark… Continue Reading
By Marshall Auerback* – Independent Media Institute Another “landmark” agreement in reality makes incremental progress, but at a cost of ignoring a ticking time bomb in France. Samuel Beckett’s “Waiting for Godot” is a play featuring two characters waiting for… Continue Reading
The Economist In America, political and commercial strains have led to questions about its value and meaning Have you heard the news? It’s about the news. As correspondents covered the widespread protests on the streets of America in recent months, many… Continue Reading
By Jomo Kwame Sundaram and Anis Chowdhury (*) SYDNEY and KUALA LUMPUR, Jul 2020 (IPS) – In his early February annual State of the Union address, US President Donald Trump typically hailed his own policies for increasing wages and jobs to… Continue Reading
By Ruchir Joshi – Editor, Telegraph of India Watching the wheels come off an inept, conceited person in power is always satisfying. However, each time we witness such a moment, the satisfaction is tempered by the following question: how much… Continue Reading
By Ellen Brown* BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars from the Federal Reserve.… Continue Reading
The Economist If America pulls back from global institutions, other powers must step forward Seventy-five years ago in San Francisco 50 countries signed the charter that created the United Nations—they left a blank space for Poland, which became the 51st founding… Continue Reading
Editorial The pandemic is an opportunity to tackle the climate emergency by creating productive green jobs for those made redundant by the crisis Britain needs a green job-filled recovery from the coronavirus crisis. Unlike Germany and South Korea, it… Continue Reading
By Bill Blain* – The Morning Porridge “Let us sing more cheerful songs, more songs full of joy!” I am wondering if my FT App is broken? I opened it this morning and the front pages of the Pink Un… Continue Reading
by Tyler Durden – ZEROHEDGE (*) Authored by Tuomas Malinen (**) via GnSEconomics.com Country after country has reported extremely dark economic numbers. The gigantic jobless claims, 6.6 million from the U.S. last week, are just the tip of the iceberg.… Continue Reading
By Jan Zielonka* -Social Europe (London) While initial responses to the coronavirus crisis have favoured national sovereignty and public authority, effective solutions will only emerge from a complex network of multi-level governance. From Madrid to Paris, Berlin to Warsaw, the… Continue Reading
By Tim Schwab* – The Nation Bill Gates Gives to the Rich (Including Himself). His renowned charitable activities seem to serve mainly private interests, namely his own. A Nation investigation illustrates the moral hazards surrounding the Gates Foundation’s $50 billion charitable enterprise.… Continue Reading
By Ellen Brown* -The Web of Debt, Blog In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of… Continue Reading
By Marshall Auerback* – Independent Media Institute The virus has starkly exposed the dangers of offshoring all production; we have a whole series of shortages that can only be mitigated by bringing some production back home. The coronavirus will eventually… Continue Reading
By Anis Chowdhury and Jomo Kwame Sundaram* SYDNEY and KUALA LUMPUR, Feb 2020 (IPS) – Meeting the President of the Republic of Korea in September 2019, President Donald J Trump bragged that the “US economy is the envy of the… Continue Reading
Reed Hundt* – Boston Review Ben Bernanke, Timothy Geithner, and Henry Paulson still have not reckoned with the failures of neoliberal planning in the wake of the financial crisis More than a decade after the financial crises of 2008, the… Continue Reading
By Anis Chowdhury and Jomo Kwame Sundaram (*) SYDNEY and KUALA LUMPUR, Feb 18 2020 (IPS) – In an annual ritual early in the year, most major economic organizations have released forecasts for the global economy in 2020. Incredibly,… Continue Reading
By Mark Joseph*- Newsweek “America will never be a socialist country,” President Donald Trump declared at last year’s State of the Union address. But at least 51 percent of Americans aged 18 to 29 have a favorable view of socialism.… Continue Reading
By Jomo Kwame Sundaram and Michael Lim Mah Hui (*) KUALA LUMPUR and PENANG, Feb 4 2020 (IPS) – Financialization has worsened inequality through various channels, including macroeconomic policies. For example, quantitative easing and low, if not negative interest rates… Continue Reading
By Conor Lynch * – Truthdig Few thinkers are more deserving of criticism than Milton Friedman. Not only was he the late 20th century’s leading proponent of unfettered capitalism, he served as one of the intellectual fathers of the neoliberal ideology… Continue Reading
