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The messages of gloom and doom have been out there for some time now. Just about every other commentator is pronouncing on an impending failure of outcome for the Rio+20 Summit on sustainable development being hosted in Brazil this week. We are being told to temper...
WhoProfits, a research project of the Coalition of Women for Peace, has documented corporate plunder of natural resources in the occupied West Bank. For example, Israeli cosmetics firm Ahava’s extraction of mud from the occupied Palestinian Dead Sea and...
The indebtedness of America and most European countries is not only dynamite to the international monetary system, but also to the cohesion of Europe and even to the cohesion of individual nation states. The large public debt crisis directly threatens our currency,...
10 Theses of a critique of the Green Economy Working Group ‘ societal relationships with nature ’ (GesNat) of the Federal Coordination of Internationalismus (Bundeskoordination Internationalismus – BUKO ) It used to be called sustainability, but today it is the ‘...
Are recessions better for the left or right, asks Phil Gasper? The most fundamental argument in favor of socialism is that capitalism is an irrational system that over the long term cannot meet the basic needs of the majority of the population because of its tendency...
Friday’s disastrous US jobs report, which showed the worst payrolls growth in a year, capped a week of dismal economic news from every part of the world. These developments reveal that claims of an economic recovery are not only premature but utterly fictitious....
Like a cancer brought under remission in one part of the body, only to pop up again elsewhere, the world capitalist economic crisis is back Last year the Greek ponzi scheme, whereby the extent of Greek national debt was hidden from its creditors (international finance...
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...
As the leaders of the eurozone struggle to contain Europe’s financial crisis, big question marks are appearing both over whether the euro will actually survive as a single currency and over whether the euro crisis may split the European Union (EU) politically into two...