Economics
Jo Michell: How banks create money
This is a good, simple explanation of how banks create money – immensly more than the government.
Month: June 2018
EU politics
Prem Sikka: The RBS sell-off can’t hide the Tories’ failure to clean up its rotten culture
RBS is being slowly privatised – but little has been done to check the corrupt culture, argues accounting expert Prem Sikka. Read here
Fake News
Renegade Inc. – Modern day propaganda
Many people have become increasingly skeptical of half-truths in the mainstream media that help to promote foreign policy objectives abroad. When alternative narratives are brought to our attention, the only option for the establishment is […]
Economics
Bill Mitchell: Oh Scotland, don’t you dare! – Part 2
This is the second part of Bill Mitchell’s article concerning the Scottish Growth Commission Report (Part 1 here) – what Scotland’s financial and economic policy should be after independence. It is neo-liberal to the core, […]
Fake News
Ian Sinclair – The propagandistic nature of the liberal media: Interview with Florian Zollmann
A new study exposes in forensic detail how Western newspapers have in recent years applied journalistic double standards to reporting human rights abuses, from Yugoslavia and Iraq to Libya and Syria. Ian Sinclair interviews Dr […]
Economics
Positive Money – How has bank lending fared since the crisis?
Although this analysis is limited to Britain, it is probably relevant for all nations. Following the Great Financial Crisis, capitalism simply reconstructed the same pre-crisis economic system. There was no intention to change anything – […]
Economics
Quinn Slobodian: The End of Empire and the Birth of Neoliberalism
“Today, the European Union offers the fullest realization of the neoliberal political vision.” This looks like a very interesting book. Here is a lengthy review. Read here
Austerity
Yanis Varoufakis: Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune
Yanis Varoufakis is right, he predicted the results of Germany’s austerity policy years ago. But the Germans, with their typical hubris, did not listen. They know better. If you are wondering why the EU’s political […]
Uncategorized
The National: Self-determination is still at the top of the agenda for Catalans
Rajoy may have departed, but this problem is not going away. Read here
Corruption
Politico: EU official forced to resign over energy interests
In the EU there are apparently laws that do not apply for politicians, especially when it is a question of their bank accounts. Read here