Spotlight on the Dodgy | by EPW

Spotlight on the Dodgy | by EPW

Surely the imperialists would put a stop to WikiLeaks’ exposure of their shady ways.Much of the front-page news from around the world over the last year and more cannot be understood, perhaps, without factoring in the role and effect of WikiLeaks. But today, despite...

Austerity Versus Stimulus | by Prabhat Patnaik

IT is obviously silly to push for austerity in the midst of a recession, not just silly but cruel, since it prolongs the pain of unemployment. The recession is caused by a deficiency of aggregate demand. To overcome it what is necessary is an increase in demand which...

The 1% And Capitalism | by Shamus Cooke

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...

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...