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The key question is who, i.e. which class, is going to pay for this enormous crisis. Whichever one wins the battle, it will be directly at the other's expense. So far the popular classes are taking a beating. Can this be turned round? Throughout Europe people are...
LONDON - "You can never have enough enemies," Tiny Rowland once boasted, but even the buccaneering tycoon who built what is now Lonmin plc might blench before the "perfect storm" it faces after South African police killed 34 strikers at its Marikana platinum mine....
Both major wings of contemporary mainstream economists—'Retro Classicalists' and 'Hybrid Keynesians'—fail in fundamental ways to understand the qualitative characteristics of the economic crisis that continues to impact the U.S. and global economy. Neither wing has...
The high-level UN Earth Summit in Rio de Janeiro, Brazil, last week was called an "epic failure" by Greenpeace and other environmental organizations, their disappointments reminiscent of the "epic failure" of the UN Climate Conference in Durban, South Africa only half...
Expect more natural disasters, social and economic inequality and marginalization in the near future once the United States and other Northern countries succeeded in ramming through its proposed “Green Economy” in the upcoming Rio+20 Conference. A historic conference...
As women who primarily carry both the privilege and burden of social reproduction and care for the human family and ecology, and participate as well in activities that drive societies and economic production, we express our deep concern at the debates and discussions...
Richard Heinberg. The End of Growth: Adapting to Our New Economic Reality New Society Publishers, 2011 Publisher & Coordinating Editor of Canadian Dimension Industrialized economies have grown most years since the mid-19th century. Globally, economic output per...
We have had [in England], ever since 1876, a chronic state of stagnation in all dominant branches of industry. Neither will the full crash come; nor will the period of longed-for prosperity to which we used to be entitled before and after it. A dull depression, a...
Progress in Zimbabwe won’t begin until the political drain is unclogged in the wake of free and fair elections, and until the pipe leading from one of the world’s largest-ever diamond finds to corrupt military coffers is conclusively blocked. While GDP growth has been...