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...
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The Spurious Case Against a Financial Transactions Tax | by Dean Baker
With the European Commission seriously considering a tax on financial transactions (sometimes referred to as a “speculation tax”), the opponents of such a tax are shifting their campaign into high gear. We are hearing predictions of disaster from the financial...
The employment guarantee scheme in India | by Kaustav Banerjee
Mass joblessness is an everywhere phenomenon in the developing world. The existence of an ever-growing reserve army of labour manages to keep working wages below a living minimum. Hence, the majority of the working class in any third world economy can get nicely tied...
Dexia and bailing out the banks | by Michael Roberts
The large Belgian Bank, Dexia, went bust over last weekend. It provides a lot of pointers about the role of banking and how it fits into this crisis. Dexia was bailed out before at the height of the financial crisis in 2008. Then the Belgian and French governments...
The Futile Undertaking of Palestinian Statehood | by Esam Al-Amin
Today, September 23, Palestinian Authority (PA) leader Mahmoud Abbas submits, to the UN the application for Palestinian statehood for the Palestinian territories occupied by Israel since 1967. What are the implications of this effort? Does it serve the Palestinian...
The Shape of the Beast | by Arundhati Roy
The Shape of the Beast is our world laid bare by a mind that has consistently and unhesitatingly engaged with its changing realities and often anticipated the way things have moved in the last decade. In the fourteen interviews collected here, conducted between...



