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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...
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...
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...
This European conference meets not a moment too soon.The peoples of Europe face an unprecedented social, political and economic crisis.Our governments are implementing the most savage spending cuts designed to destroy all the social gains of the post-war period. These...