interest
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Economics 101 – Interesting times By William Bowles
24 October 2008 ‘May you live in interesting times’, traditional Chinese curse Being raised in a family of Reds has its pluses and its minuses, one of the minuses being a decidedly unworldly approach to economics. It was as if we already lived in a socialist world but of course nobody else did. The upshot Continue reading
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Can a revolt of ‘consumers’ spark a revolution… By William Bowles
The power of big, transnational capital has transformed not only the economic landscape but also the nature of the way we live — from the food we eat (and where we buy it) to the fundamental fabric of our social spaces, and judging by the level of dissatisfaction with contemporary capitalist society, great swathes of… Continue reading
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Deep in the capitalist doo-doo By William Bowles
18 July 2008 “The current market jitters are centred on disturbances in the world’s credit markets. Worries about the viability of sub-prime mortgage lending have spread around the financial system, and the central banks have been forced to pump in billions of dollars to oil the wheels of lending.” ‘Financial crises: Lessons from history‘, Analysis Continue reading
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Economics 10000001 or the revenge of the Ninjas By William Bowles
12 September 2007 Explaining economics is probably the most difficult thing for any writer to undertake, especially if one’s take on things is not in the mainstream, that is to say, not what they call classical economics, which is another way of saying that capitalism is the only possible system, so it’s interesting to see Continue reading
The New Dark Age 