Why is it newsworthy that a nation bans subsidies to criminal corporations? Becuase it hardly ever happens. Our whole economic system is based on criminality and rapaciousness.
Economics
Ann Pettifor: Reclaiming Central Banks
Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]
Austerity
Bill Mitchell – European Union – no democracy, no rule of law, no solidarity, no human rights, no economic miracle!
Bill Mitchell on Perry Anderson’s article “Ever Closer Union” Read here
Economics
Yanis Varoufakis: Sympathy for Germany
Germans are now slowly coming to terms with the demise of their economic model and are beginning to see through the multifaceted Big Lie their elites were repeating for three decades: Fiscal surpluses were not […]
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