“The Federal Reserve has been single handedly financing the stock market and the bond market. The government has been giving away monopoly privileges to increase profits, to help support stock and bond prices, and that’s […]
National debt has been used as a propaganda tool in the class war to transfer wealth to the rich. What if you have a high national debt but a very low debt servicing payments? This […]
This is the first part of a series about how finance concentrates economic power. By Nicholas Shaxson Subscribe to The Counterbalance now Wikimedia Commons Creative Commons Attribution-Share Alike 4.0 International In July Darren Jones, the […]
Agraïm la revisió de Michael Strubell. You can read this article in English here Han passat quatre anys des del referèndum d’independència de Catalunya i de l’inici d’un període en què va quedar clar que […]
What interests lie behind the threats of the Bank of England to raise interest rates? Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder of the Green […]
There is no doubt that carbon transition will require large government intervention and spending, and the IMF can help the governments of the developing countries finance some of this spending. Read here
“There is no alternative”, “it’s the end of history” in the shadow of the 2008 crash, the environmental crisis and ongoing COVID19 pandemic, never has the hubris of these words been more striking. Nevertheless if […]
The new alliance for net zero presented a huge opportunity to tackle the climate crisis. But what happened was an audacious attempt to consolidate the control of bankers and private financiers over the new-look global […]
With COP26 the lies and the glitzy show have lost their magic. Reality is with us, and its about time. Yanis Varoufakis is a Greek economist, politician, leader of MeRA25 and DiEM25, former Greece’s Finance […]
The former Bank of England governor is finance adviser at COP26 and rumoured to be running for Canadian prime minister. But his new book is just a flutter of platitudes Read here
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