recession
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The Triumph of Capitalism: Jobless Nations By Prof. John Kozy
The Obama administration is intent on applying supply side principles to get the American economy out of the present recession, but supply side principles are based on the belief that if the government cuts taxes on the wealthy, they will invest their savings in new factories, that newly hired workers will increase employment, and that… Continue reading
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Disintegrating Economic Recovery By Prof. John Kozy
The word ‘recover’ always has the connotation of “getting back.” But who is going to get back what when the economy “recovers”? Few at most. So what does an economic recovery look like? No one knows. The word ‘recovery’ can not be applied to objects willy-nilly. Continue reading
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Fernando Nabais, “Umberto Digital Haiku No. 2”
An interactive cinematic experiment that reinterprets a shot from the film Umberto D by Vittorio de Sica, manipulating it in response to the attention that the viewer devotes to it. Umberto D depicts Italy in 1952 in the middle of a deep recession, a mirror of the current economic crisis. 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
The New Dark Age 