finance
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Video: Tax Havens – Investigating International Finance – Episode 1
This is the first in a series of four videos investigating different areas of the international finance system. Each is a short introduction to a major challenge we face if we want to reform global finance and make it work for people and the planet. Continue reading
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A different kind of Europe By Trevor Evans
The growth of private international financial institutions since the 1970s has seriously curtailed the ability of national governments to exercise democratic control over economic policy. This was vividly demonstrated early in the 1980s, when capital flight forced the French government to abandon its programme of progressive economic reforms. Since then, finance has become much stronger,… Continue reading
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Video: The Greek Experiment By Michael Hudson
Michael Hudson: Greek crisis used to find out how far finance can drive down wages and privatize Continue reading
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Fundamentals of Political Economy – Weekend School January 21-22
Understanding the unfolding crisis and proposing real alternatives requires us to grasp Karl Marx’s critique of political economy. But while education in the basics of Marx’s ideas was commonplace on the far left in the 1970s, today it has withered away: there are academics and theorists who ‘do’ political economy, while left activists and groups… Continue reading
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Euro Crisis: Britain’s Financial Arsonist Returns to the Scene of the Crime By Finian Cunningham
The spectacle of bankrupt David Cameron swaggering over to Europe to ask equally bankrupt European governments for more deregulatory concessions for the City of London is about as stupefying as an arsonist returning to the scene of the crime – and asking for more gasoline. Continue reading
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Europe’s Transition From Social Democracy to Oligarchy By Michael Hudson
The easiest way to understand Europe’s financial crisis is to look at the solutions being proposed to resolve it. They are a banker’s dream, a grab bag of giveaways that few voters would be likely to approve in a democratic referendum. Continue reading
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…and Gaddafi was what? Bad, yes. Now open your Citizenship Readers to page 45….
I suppose because the average Libyan is now doomed to years of social chaos, misery and poverty, western consensus media have redoubled their efforts to remind us just how heinous Gaddafi was. I know it’s near to useless to try to hold them responsible or awaken any vestigial conscience lurking in a journalist’s tiny head,… Continue reading
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Occupy Wall Street: What You Can Demand versus What You Must DO By Glen Ford
Occupy Wall Street activists are under some pressures to come up with demands to make of the powerful. However, ‘in many cases, there is no point in demanding anything from your enemy, except that he drop dead in a hurry.’ Continue reading
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Video: Occupy Wall St. to a Bank in the Public Interest By MIchael Hudson
Michael Hudson: A public option in banking will be a structural answer to the power of finance Continue reading
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Speculation in Agricultural Commodities: Driving up the Price of Food Worldwide and plunging Millions into Hunger By Edward Miller
The Commodity Futures Trading Commission (CFTC) has again delayed the introduction of position limits required under the Dodd-Frank Act. These limits are intended to prevent speculation in (among other things) agricultural commodities, speculation which, many critics argue, have driven up the price of food worldwide and plunged millions into hunger. Continue reading
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The Wall Street Occupation: A Sleep-In Protest in the Shadow of Power By Manny Jalonschi
Surrounded by the headquarters of some of the world’s most powerful financial players, over two thousand protesters converged on Wall Street this Saturday. By the end of the second day, those occupying Liberty Park, formerly known as Zuccotti Park on Broadway and Liberty St., had settled in, partially helped by pizza, hot chocolate and blankets… Continue reading
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Gilad Atzmon: Massacre in Norway— More About the Jewish Right Wing Connection
Thanks to respected anti-Zionist Jeff Blankfort (who provided me with a crucial link) I have now learned that, just one day before last Friday’s Massacre in Norway, former Trotsky-ite turned neo-con David Horowitz carried an article by Joseph Klein in his Front Page magazine, entitled “The Quislings of Norway,” which might as well have provided… Continue reading
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Greek government wins confidence vote — RT
Greek university lecturer Panagiotis Sotiris says, ‘People are being refused their right to judge what policies are going to be implemented upon them. And, of course, the Greek government is an accomplice to this loss of Greek sovereignty.’ Continue reading
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Stand up for Africa! Stand up for climate justice!
For Africa and its peoples in particular, governments meeting at this year’s United Nations Conference on Climate Change in Durban must end years of unacceptable vacillation, and meet their moral, historical and legal obligations and commitments for action on climate change, in accordance with the requirements of science and the principles of equity. Continue reading
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KILL BILL 2011: THE ONGOING SABOTAGE OF FINANCIAL REFORM By Danny Schechter
Some years back Thomas Franck nailed it in his book, “The Wrecking Crew.” It was subtitled “How Conservatives Rule” and showed how narrow self-interest and well practiced cynicism in the service of partisan warfare has crippled our political system resulting in a deep paralysis despite the threat of a collapse. Continue reading
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Saving the Liberal Party, at a price By Dan Hind
Anyone concerned about the growing social and economic crisis in this country must seek, as a priority, the end of the Coalition. Continue reading
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Why Government is More Afraid of Debt than Depression
Michael Hudson: Deficit Hawks Want a One Two Punch Against the Economy Continue reading
The New Dark Age 