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
Mike Konczal – Roosevelt Institute SUMMARY: INTRODUCTION Over the past several decades, an empirical revolution in economics has undermined many of the assumptions of the reigning approach to economic policy, which we refer to here as “neoliberalism.” This issue brief elevates… Continue Reading
Editorial The climate crisis and social unrest could finally force corporate leaders to think beyond the profit motive When Klaus Schwab founded the World Economic Forum in an Alpine ski resort in 1971, he wasn’t to know that the 30-year… Continue Reading
Annette Zimmermann, Elena Di Rosa, Hochan Kim – Boston Review We need greater democratic oversight of AI not just from developers and designers, but from all members of society. A great deal of recent public debate about artificial intelligence has… Continue Reading
By Aparna Gopalan* – The Nation The 2019 Nobel Prize winners in economics represent a new strain of neoliberal thought. In 1974, the neoliberal Austrian economist Friedrich Hayek was awarded the newly instituted Sveriges Riksbank Prize in Economic Sciences in… Continue Reading
