unemployment
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Ireland and the Basque Country By James Petras
Many billions of Euros are being extracted from Europe’s vassal-debtor nations – Spain, Greece, Portugal and Ireland –and transferred to the creditor banks, financial speculators and swindlers located in the City of London, Wall Street, Geneva and Frankfort. Under what has been termed ‘austerity’ programs vast tributary payments are amassed by ruling Conservative and Social… Continue reading
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Video: Michael Hudson – Thatcher Gave More Power to Finance
Michael Hudson: Thatcher deregulated banking and made London the center of speculation and financialization – April 9, 2013 Continue reading
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Videos worth watching
15 February 2013 — The Real News Network Worker Owned Businesses Point to New Forms of OwnershipCan co-ops come out of the margins of the economy and be part of a larger political project to transform how things are owned?Go to story | Go to homepage Continue reading
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Video: Eurozone Austerity Policies Will Spark New Crisis in 2013
Costas Lapavitsas: There is an impression that the crisis has been handled by ECB but economies are deteriorating quickly Continue reading
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Books: Transitional Demands from 1695 By Carl Rowlands
In the work of John Bellers, dating from the 1690s to the 1720s, we can see the earliest calls for nothing less than a National Health Service, a peaceful European state-of-states, vocationally-based alleviation of unemployment and poverty and—bravely in such a period—a plea for the richest to be held responsible for the condition of the… Continue reading
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A Tale of Two Economies: Skyrocketing Stock Market for the Rich, Devaluation of Work for the Rest
The rich are making out like bandits in the booming Wall Street economy that is based on profits squeezed out of firing workers, lowering net wages (adjusted for inflation), and outsourcing jobs to exploited labor overseas. There is no crisis in the top 1%; there is only increasing wealth. In that second economy, the financial… Continue reading
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Suffocating Austerity: The West’s Folly in Greece Repeats Old Patterns By Evaggelos Vallianatos
Evaggelos Vallianatos, Truthout: “Not only did the Greek politicians impose an austerity program which reduced the living standards of the Greek people significantly, increasing suicides by 40 percent and unemployment by more than 20 percent, but they agreed to such barbarous terms for the foreseeable future, all but guaranteeing the impoverishment, colonization and eventual slavery… Continue reading
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Arab Uprisings Await Their Economic Spring By Yassine Temlali
The working class in the Arab world has accomplished a lot in the course of one year of uprisings. Some of these accomplishments are material, including higher wages and improvements in working conditions. Others are political, such as the right to democratic representation (the rise of Egyptian independent unions and changing the leadership of the… Continue reading
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Portugal: General Strike 24 November 2011
Following the agreement signed with the IMF/EU/ECB Troika, Portugal is confronted with a new and more severe austerity programme, unprecedented since the inauguration of democracy. Continue reading
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American crisis politics By Eric Walberg
Is a constitutional amendment or a real third-party candidate the silver bullet that Americans need next year, asks Eric Walberg Continue reading
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Occupy Wall Street & the World Newslinks 20-21 October 2011
21 October 2011 — williambowles.info 21 October 2011 Wall Street and Student Debt Foregiveness GlobalResearch.ca Today at 11:21 For more details, please click on the link to read the article. Continue reading
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Britain, France , US: ‘And the winner is …’ By Eric Walberg
The economic and social experiments in the past three decades by British governments from left to right have left the plucky Brits reeling, as this summer’s unprecedented bread and ipod riots showed all too conclusively. Continue reading
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Video: UK Cuts to Public Sector Not Leading to Private Sector Growth
Ch4: Government austerity in UK leading to higher unemployment not growth Continue reading
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UK: Turkish and Kurdish Labourers and Traders Must Refuse to Be Pitted Against the Black People
Surely the traders have the right to protect their shops. But such events should not be use to pit the Turkish and Kurdish community against the Black community. Such event should not be used to strengthen the prejudices that the oppressed and migrant communities have against each other. Continue reading
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Greece standing up to EU neo-colonialism
Greek protests against the new austerity measures can be viewed as a way of standing up to EU neo-colonialism, both economically and politically, believes Professor Costas Douzinas from the University of London. Continue reading
The New Dark Age 