By Robert Reich* -Newsweek Millionaires are wailing that Elizabeth Warren’s and Bernie Sanders’s wealth tax proposals are attacks on free market capitalism. Warren “vilifies successful people,” says Jamie Dimon, CEO of JPMorgan Chase. Rubbish. There are basically only five ways… Continue Reading
By Ellen Brown* – Truthdig(+) Central bankers are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, admitted as much in a speech at the annual meeting of central bankers in Jackson Hole, Wyo., in August. “In the longer-term,”… Continue Reading
By Francesco Martone* “Power inferno”, this is the title Jean Baudrillard gave to one of his essays in the aftermath of the attack at the Twin Towers , paraphrasing the title of a catastrophic film that hit the billboards years earlier , A… Continue Reading
By George Friedman* – Geopolitical Futures All three countries are competing for power in the Pacific The United States emerged from World War II with complete control of the Pacific Ocean. Japan emerged from the war occupied and effectively governed… Continue Reading
Joseph Stiglitz* – Project Syndicate/ The Guardian An apparent move by big business to maximise stakeholder value sounds too good to be true For four decades, the prevailing doctrine in the US has been that corporations should maximise shareholder value… Continue Reading
BY DR. JOSEPH HUBER* “Ethical Markets shares the misgivings of so many experts, central bankers, politicians and citizens about trusting Facebook’s plan to issue its Libra currency. We have posted links to many experts’ critiques and to C-SPAN Hearings on… Continue Reading
By Alexandra Stevenson*, Amie Tsang and Matt Phillips – The New York Times Stocks in the United States swerved up and down on Thursday after China sent conflicting signals about how it would respond to President Trump’s threats of new… Continue Reading
By Jim Tankersley* – The New York Times WASHINGTON — From tax cuts to relaxed regulations to tariffs, each of President Trump’s economic initiatives is based on a promise: to set off a wave of investment and bring back jobs… Continue Reading
By The Editorial Board (*) – The New York Times The Trump administration continues to escalate its confrontation with China, but there is no clear goal — and no end in sight. President Trump told the American people that confronting… Continue Reading
By Anis Chowdhury and Jomo Kwame Sundaram SYDNEY and KUALA LUMPUR, Aug 7 2019 (IPS) – According to their own internal evaluations, both the World Bank (WB) and the International Monetary Fund (IMF) have huge credibility deficits due to the… Continue Reading
Oscar Ugarteche / Armando Negrete (*) – ALAI U.S.-China trade negotiations will resume the first week of August in Shanghai. So far, neither side has yielded to the conditions of the other. It can be recalled that the United States… Continue Reading
By Adam Tooze* NEW YORK, Aug 1 2019 (IPS) – In the grand European political reshuffle of 2019, it turned out that Christine Lagarde was the answer to the conundrum of who should replace Mario Draghi at the European Central… Continue Reading
By Anis Chowdhury and Jomo Kwame Sundaram (*) SYDNEY and KUALA LUMPUR, Jul 30 2019 (IPS) – July 2019 saw the 75th anniversary of the historic conference of 44 countries held at the Bretton Woods (BW) resort in New Hampshire… Continue Reading
By Guillermo Sullings* – Pressenza, International Press Agency We often read statistics illustrating the accelerated concentration of wealth in the world; a few billionaires accumulate more wealth than the poorest half of the planet, and the richest 1% of the… Continue Reading
By Fernando Reyes Matta* There are three fears that cross citizenship in different parts of the world: a) the fear of how work life will be changed by automation and robotics; b) the fear of stress in urban life, if the… Continue Reading
Robert Reich* – The Guardian The president is the puppet master so Americans of all persuasions must look behind him, to where the real danger lies I keep hearing that the Democratic party has moved “left” and that Democratic candidates… Continue Reading
By Paul Krugman – The New York Times The pain is real, but the coercion isn’t. Donald Trump’s declaration that “trade wars are good, and easy to win” will surely go down in the history books as a classic utterance… Continue Reading
By Ambrose Evans-Pritchard – The Telegraph Europe has been warned. Any use of monetary levers to hold down the euro exchange rate will be deemed a provocation by the Trump administration. Further cuts in interest rates to minus 0.5pc or beyond… Continue Reading
BY ISHAAN THAROOR – The Washington Post Next week, the Trump administration will preside over a summit in Manama, the capital of Bahrain. Dubbed an “economic workshop,” it is aimed at wooing investment for development projects in the West Bank… Continue Reading
By Michael Hudson * – Naked Capitalism President Trump has threatened China’s President Xi that if they don’t meet and talk at the upcoming G20 meetings in Japan, June 29-30, the United States will not soften its tariff war and… Continue Reading
