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Economics

Why is inequality the big hot issue right now?

TED: Writer Jimmy Guterman takes society’s temperature and digs into the reasons we’re all talking about inequality. Thomas Piketty’s Capital in the 21st Century is a book of our moment. It may be the most unlikely egghead highbrow bestseller since…

A Strange Tale of Morality: Banks, Financial Institutions and Citizens

By Roberto Savio Reprint In this column, Roberto Savio, founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News, argues that it is time to rethink the Seven Deadly Sins in the light…

Argentina Reaches Deal to Repay Debts Without IMF Involvement

Democracy Now! Argentina has reached a landmark deal with a group of creditor nations to repay its longstanding debt without the involvement of the International Monetary Fund. Argentina is still trying to recover from a massive economic crisis and default…

It’s simple. If we can’t change our economic system, our number’s up

It’s the great taboo of our age – and the inability to discuss the pursuit of perpetual growth will prove humanity’s undoing By George Monbiot, published in the Guardian 28th May 2014 Let us imagine that in 3030BC the total…

Inclusive Capitalism is an oxymoron

This is how Clive Menzies, political economist with a background in business and investment management, founder of the Critical Thinking research project at the Free University and member of the Occupy London Economics Working Group defines the Conference on Inclusive…

Exclusive: Chilean Robin Hood? Artist Known as “Papas Fritas” on Burning $500M Worth of Student Debt

You may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco “Papas…

When China Sneezes, Latin America Gets the Flu

By Michelle Tullo.- China’s massive urbanisation has been built, literally, by metal, supplied mostly by Latin American countries (LAC). Yet now China’s slowing economic growth and falling commodity prices threaten Latin American commodity booms. “As commodity prices decline, Latin American policy-makers…

TTIP and the European Elections

According to Agence Europe (Brussels, 20/5/14) the US/EU Free Trade Agreement, aka TTIP, is a strong theme in the European elections due to take place on 22-25 May. Different parties have stated their positions (in general neoliberal parties for, left…

As Another Major Bank Avoids Jail, Occupy Wall Street Protester Cecily McMillan Gets 3-Month Term

While no Credit Suisse executives will be heading to jail for facilitating widespread tax evasion, Occupy Wall Street protester Cecily McMillan has been sentenced to three months in jail and five years of probation. McMillan was arrested in March 2012…

Net Neutrality: Wheelering and Dealing at the FCC

By Amy Goodman with Denis Moynihan Michael Powell is the son of Gen. Colin Powell. The elder Powell knows a thing or two about war. He famously presented the case for invading Iraq to the United Nations, on Feb. 5,…

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