new deal
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EU Crisis: A pact of two parasites
The European Union took another step along the road to a capitalist united states of Europe at the eurozone summit in the early hours of yesterday morning. Continue reading
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Joe Bageant: The Bastards Never Die
Well, for starters, the above title is a damned lie, since this little screed is not a history. It’s just rumination on the tilting point at which Americans started the slide into the deepest sort of cultivated consumer consciousness — which is to say our corporate managed engorgement and swinedom at the service of the… Continue reading
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Keynes with a neo-liberal twist? By William Bowles
10 November 2008 “Just imagine saying, “production for use leads to stagnation; production for death leads to exchange value and profits.” Now don’t jump on me! Wait, I have to go into capital expansion and its being “the breath of capitalism” and, as yet, no forseeable future opportunities for capital reproduction to the magnitude needed Continue reading
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Global Cashastrophe By William Bowles
17 September 2007 Question: How many classical economists does it take to screw in a lightbulb? Answer: As many as it takes to screw up an economy Never mind global warming, I’ve realised that it’s better to own nothing than owe everything. Apparently those who have (had) their cash in Northern Rock (around £2 billion Continue reading
The New Dark Age 