Amandla! is free here, but we welcome donations.
The economic crisis that has shaken the world may have started in Wall Street, but it has been made much worse by the actions of both the European institutions and European member states.Much of the so-called debt crisis was caused not by states spending too much, but...
WHAT IS THE GREENHOUSE EFFECT?In the long term, the earth must shed energy into space at the same rate at which it absorbs energy from the sun. Solar energy arrives in the form of shortwavelength radiation. Some of this radiation is reflected away by the earth's...
ABSTRACT: In Greece and other countries of the Eurozone there are a number of misconceptions about the debt crisis. I argue against seven of such misconceptions (or, myths) about the effects of default, the primary cause of the crisis, the likely effects of an exit...
Occupy Wall Street and the Politics of Financial Morality We’ve been at war for decades now -- not just in Afghanistan or Iraq, but right here at home. Domestically, it’s been a war against the poor, but if you hadn’t noticed, that’s not surprising. You wouldn’t often...
The Greek prime minister George Papandreou’s call for a referendum on the bailout package agreed with the EU leaders and the IMF sounds like a move towards democracy. The Greek people are apparently going to be asked whether they want to accept or reject massive cuts...
One could almost get the impression that the storyline of the global economic and financial crisis of 2008/9 is forgotten. Questions of bank regulation and financial sector oversight are hardly discussed in public anymore and legislative efforts to rein in speculative...
By definition, capitalism is: An economic system based on private ownership of the means of production (industry, banks, technology), where through the process of market competition, production occurs for private profit — if something cannot be sold for a profit it is...
This European conference meets not a moment too soon.The peoples of Europe face an unprecedented social, political and economic crisis.Our governments are implementing the most savage spending cuts designed to destroy all the social gains of the post-war period. These...