Economics

U.S. Faces Government Shutdown in Obamacare Standoff By Democracy Now! The nation is on the eve of its first government shutdown in 17 years as the congressional standoff over the Affordable Care Act comes to a head. Just after midnight…

In his latest article for Rolling Stone, Matt Taibbi reports that Wall Street firms are now making millions in profits off of public pension funds nationwide. “Essentially it is a wealth transfer from teachers, cops and firemen to billionaire hedge…

As we warned two years ago, “the muddle through has failed… and there may only be painful ways out of this.” Submitted by Michael Snyder of The Economic Collapse blog, Link to Critical Thinking, the free University Now that “bail-ins”…

The invitation reads “10 Thousand Cuts and Counting is a ceremony of remembrance and solidarity led by disability activists, Occupy activists, Michael Meacher MP and the Dean of St Paul’s Cathedral for those who have had their lives devastated by…

By Samuel Oakford. NEW YORK, Sep 21 2013 (IPS) – Five years after the 2008 world financial crisis and two years after the Occupy movement it triggered, U.S. critics of the financial sector are coalescing around the idea of a…

In “The Spirit Level,” Richard Wilkinson charts data that proves societies that are more equal are healthier, happier societies. Why you should listen to him: For decades, Richard Wilkinson has studied the social effects of income inequality and how social…

Academics write to EU chief to demand no sell-out on settlment funding ban BRICUP and AURDIP | 12 September 2013 | Academics across Europe express outrage at Israeli/US pressure on EU Over 500 academics, including researchers from 13 European Union member states, have…

A zero-hour contract is a type of contract used in the UK by an increasing number of firms which does not commit the employer to provide any specific work for the employee, who agrees to be available for work as…

By Colombia Solidarity Campaign A dozen ‘flying pickets’ visited the London offices of mining multinationals Glencore Xstrata, Anglo American and BHP Billiton yesterday, demanding that they abandon plans to evict the small farming community of Roche in Colombia. The three…

Farmers and truckers protest against government agricultural and trade policies. An Aug. 19 strike has since erupted into hundreds of thousands of largely farmers and truckers protesting the government for its trade and agricultural policies, demanding changes such as cheaper…