market
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‘Capitalism at fault for global crisis’ — Ha-Joon Chang
Is capitalism to blame for the rise in unrest and the fall of global markets? One scholar argued yes, saying it is merely how capitalism works. Continue reading
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Book Marks Talk, March 15, 2011 By Dan Hind
Media coverage does not conform to a rationally defensible order of priorities – it focuses neurotically on the inconsequential and ignores matters of pressing common concern. Furthermore what coverage there is of important matters is disastrously inadequate Continue reading
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Saudi Arabia Mostly Mainstream Media Newslinks for 1 March 2011
1 March 2011 — creative-i.info Could Saudi Arabia Be Next? AOL News With a wave of pro-democracy fervor sweeping the Middle East, could the region’s richest powerhouse, Saudi Arabia, be next to fall? Or perhaps the question should be: Can oil money buy stability? Weeks ago, the answer seemed to be “yes. … www.aolnews.com/2011/03/01/could-saudi-arabia-be-next/ Continue reading
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Prosecuting Wall Street Fraud: The US Economy is A Giant Ponzi Scheme By Washington’s Blog
Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky and the Wall Street Journal all say that the U.S. economy is a giant Ponzi scheme. Continue reading
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MEDIA LENS: INTELLECTUAL CLEANSING: PART 1 – Keeping The Media Safe For Big Business
MEDIA LENS: Correcting for the distorted vision of the corporate media October 2, 2008 Martin Tierney is one of a tiny number of mainstream journalists willing to review our book, ‘Guardians of Power’. In June 2006, he published an accurate outline of our argument in the Herald, commenting: “It stands up to scrutiny.” He added Continue reading
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Anti-Empire Report, October 1, 2008 By William Blum
What changes take place in the real world to cause the crisis? Nothing, necessarily. The crisis is usually caused by changes in the make-believe world of financial capitalism. Continue reading
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Sink or Swim in the capitalist ocean? By William Bowles
When a group of so-called Aboriginals from I believe Borneo (or maybe it was Papua New Guinea) visited the UK recently they were gob-smacked to find homeless people on the streets of London. The concept ‘homelessness’ simply didn’t exist in their vocabulary and reinforced by the vast wealth that surrounded them (the ‘Aboriginal and the… Continue reading
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MEDIA LENS ALERT: ‘CREATIVE DESTRUCTION’ – THE MADNESS OF THE GLOBAL ECONOMY
MEDIA LENS: Correcting for the distorted vision of the corporate media February 5, 2008 Watching the corporate media report the ‘financial crisis’ is instructive. From the perspective of power, it is important that a steadying hand is applied to the tiller of news and commentary on the crisis, and the global economy itself. And so Continue reading
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Communicating with the ancestors by William Bowles
14 September 2007 Hip-Hop forever I’ve been a fan of hip-hop music ever since it broke out of the Bronx in the late 70s. In those days it is true to say that hip-hop was very much a New York thing reflecting its Black/Hispanic roots in uptown Manhattan and the Bronx. And then there was Continue reading
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No need to panic, let the market decide By William Bowles
14 August 2007 “We’ve got blind panic… and obviously a complete lack of confidence [in the market]” – Tony Craze, Dawntrader.co.uk It should be obvious to all and sundry by now that capitalism is in dire straights. Last week’s meltdown of the world’s major capital markets was only ‘rescued’ by the injection of literally hundreds Continue reading
The New Dark Age 