Economics

By not increasing spending, ‘we are breaking promises to young people and old people,’ says OECD economist by Deirdre Fulton, staff writer for Common Dreams Less than a week after the International Monetary Fund (IMF) expressed reservations about neoliberal policies…

New paper by three IMF economists finds that policies of capital account liberalization and austerity fuel inequality, which in turn hurts growth—”the very thing that the neoliberal agenda is intent on  boosting.” by Andrea Germanos, staff writer for Common Dreams…

By Inka, NoTTIP TEXT AND IMAGES PROVIDED BY TIM FLITCROFT Monday May 16th saw Day of Actions Against CETA by anti TTIP activists who joined allies from across Atlantic to kickstart the campaign in the centre of London. Our message:…

In this interview with the former finance minister of Greece and founder of DiEM25 (Democracy in Europe Movement 2025), Yanis Varoufakis, a host of issues are discussed which  include privatization, human rights, media, his experience with the EU and capitalism’s…

By Mary Bolinbroke for Occupy London We live in a society that has spent many decades establishing a culture of pressures and materialistic milestones to push our kids into their future. Democracy built around corporations has neatly set up guidelines…

Corruption, kickbacks, percentages, black money, white money, scandals, commissions, accountability, non-transparency, good governance, bad governance, off-shore companies etc., are routinely used key words in daily newspapers and on TV talk shows. Sometime, it is disgusting. Even vomiting can’t satisfy the…

PRESS RELEASE    ACTION! ACTION! ACTION! ACTION! Greenpeace climbers climb one of the Kio Towers Madrid to say no to TTIP • Activists are climbed one of the towers known as the ‘Gateway to Europe’ to alert the treaty that…

Why Set Up a Shell Company in Panama? The Psychology Driving Illicit Financial Flows Robert J. Burrowes A previously little-known law firm called Mossack Fonseca, based in Panama, has recently been exposed as one of the world’s major creators of…

by MARIA PAEZ VICTOR   Yet another multibillionaire wants to run a country: Lorenzo Mendoza. He is a member of one of the most rich and powerful families of Venezuela and is positioning himself to be president – not by…

Out of the 220 billion euros disbursed to Greece as loans from the bailout mechanism, some 95% has been directed toward saving the European banks. Christine Lagarde, the Queen of Troika and the Head Honcho of the IMF, on May…