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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...
Average real wage within Construction (contractors), 1994-2011 1. Wage increases above inflation? Yes, of course! The wage Bargaining season is here again and the media will again complain about "wage demands are inflationary". Read: "Wage demands are too high". But...
EILAT (IPS) - Moses Gadia speaks quietly, a detailed and colorful map of South Sudan on the wall next to him. In the courtyard outside, a group of six men, all South Sudanese refugees, chat in the shade of plastic tarps. “I’m 100 percent sure that by next month, this...
[RIO DE JANEIRO, JUNE 18, 2012] Given the worsening world economic crisis, the turn to Green Economy rhetoric looms as a potential saviour for footloose financial capital, and is also enormously welcome to those corporations panicking at market chaos in the...
Pablo Solon was chief negotiator for climate change and United Nations Ambassador of the Plurinational State of Bolivia from 2009 to June 2011. Twenty years after the United Nations Conference on Environment and Development in Rio de Janeiro, Brazil in 1992, the...
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...
Focus on the Global South Pablo Solon was chief negotiator for climate change and United Nations Ambassador of the Plurinational State of Bolivia from 2009 to June 2011. Twenty years after the United Nations Conference on Environment and Development in Rio de Janeiro,...
Faced with an even more complex and deeper crisis, capitalism is launching a fresh attack that combines the old austerity measures with an offensive to create new sources of profit and growth through the “Green Economy” agenda. No to the Green Economy I. A New Phase...
Indigenous Peoples will gather in Rio de Janeiro, Brazil, during June for Rio+20, the UN Conference on Sustainable Development, June 13 --22, 2012. In the struggle to uphold the Rights of Mother Earth, Bolivia warns of the commercialized "green economy" that seeks to...