Economics

OCTOBER 22, 2018 BY M. K. BHADRAKUMAR It goes without saying that oil has been central to military power and economic life in modern history. Control of oil has been a key source of power and policy in the Cold War. There…

By Zoe Sullivan1, reproduced from Public Banking Institute, Sept. 04, 2018   Ten years after the most recent financial crisis, some argue we have learned nothing, but a movement across the country to establish public banksshows how some have taken its…

By Ellen Brown First published on Truthdig, Oct. 02, 2018.   Wall Street owns the country. That was the opening line of a fiery speech that populist leader Mary Ellen Lease delivered around 1890. Franklin Roosevelt said it again in a letter to Colonel House…

Sandy Brian Hager, City, University of London for The Conversation Why do the richest 1% of Americans take 20% of national income, but the richest 1% of Danes only 6%? Why have affluent British people seen their share of national…

LAURIE MACFARLANE 18 September 2018 for openDemocracy – Laurie Macfarlane introduces ‘New Thinking for the British Economy’ – openDemocracy’s new eBook outlining a new economic agenda for Britain. Western political economy is in a period of upheaval. Neoliberalism – the…

Contrary to their stated manifestos, the most neoliberal right wing governments take advantage of the massive migrations that their own policies on wars and promotion of poverty in developing countries produce. The concentration of wealth continues unabated increasing inequality and…

by Ellen Brown, originally posted on Truthdig, Sept. 13, 2018   Excluding institutions such as Blackrock and Vanguard, which are composed of multiple investors, the largest single players in global equity markets are now thought to be central banks themselves. An…

By EMILY KAWANO 4 September 2018 for openDemocracy We can transform capitalism by encouraging the ‘better angels of our nature.’ The solidarity economy is a global movement to build a post-capitalist world that puts people and planet front and center,…

By Bill Van Auken Brazil’s National Museum in Rio de Janeiro was gutted Sunday night by a massive fire that consumed not only the historic 19tth century palace that housed the institution, but a vast and irreplaceable collection of what…

By Ken Livingstone This month marks 10 years since the collapse of Lehman Brothers created the worst economic crisis since the Great Depression of the 1930s, but governments have failed to make changes necessary to prevent a similar collapse. Back…