John Maynard Keynes keeps a main influence on the current economic thinking. Even if the neo-liberal movement dominated over the last decades, the Keynesian ideas remain enduring, especially at times of recession. When the subprime mortgage crisis started, it was...
debt
The Costs of the Financial Crisis 2008/09: Governments are Paying the Tab | by Sebastian Dullien
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...
On the Wall Street occupation – What it will take to win concrete victory | by Richard Pithouse
In ‘The Grapes of Wrath’, John Steinbeck's novel about the Great Depression, Tom Joad, the novel's central character, a man who has been made poor and who is on the run from the law, tells his mother in the climactic scene that: ‘I been thinking about us, too, about...
Marxism in power in Africa: the rise and fall | by Daryl Glaser
Marxism-Leninism as a movement and form of regime in Africa attained the height of its powers – certainly of its access to state power – between the mid-1970s and the mid-1980s. Its ‘moment’ followed in the wake of an earlier failed experiment in ‘African socialism’...
Has the crisis peaked yet | by Eric Toussaint
In the eye of the storm: the debt crisis in the European Union (6/7)In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...
CDS and rating agencies: factor(ie)s of risk and destabilization | by Eric Toussaint
In the eye of the storm: the debt crisis in the European Union (5/7) In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...
A European Brady deal: austerity for life | by Eric Toussaint
In the eye of the storm: the debt crisis in the European Union (4/7) In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...
The ECB, ever loyal to private interests | by Eric Toussaint
In the eye of the storm: the debt crisis in the European Union (3/7)In July-September 2011 the stock markets were again shaken at international level. The crisis has become deeper in the EU, particularly with respect to debts. The CADTM interviewed Eric Toussaint...
Amidst the wreckage of capitalism | by Alan Bradshaw
David Harvey (2010) The enigma of capital and the crises of capitalism. London: Profile. (PB: pp. 312, ISBN-10: 9781846683084)Slavoj Žižek (2010) Living in the end times. London: Verso. (HB: pp. 432, ISBN-10: 9781844675982)Analyses of the crises, instability and...


