The most important inequality for capitalism is the concentration of capital, with just 737 firms owning 80% of global wealth. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael […]
The decline of the US empire Richard D. Wolff is professor of economics emeritus at the University of Massachusetts, Amherst, and a visiting professor in the Graduate Program in International Affairs of the New School […]
Capitalists and politicians have driven Western society to the brink. What comes after the anger? Robin McAlpine is Head of Strategic Development at the Common Weal think-tank in Scotland. Cross-posted from Common Weal It is […]
The authoritarian neo-liberal political class together with state and corporate media bombard us daily with the same old lie: CAPITALISM IS GOOD FOR US. It is good for the wealthiest 10%, but it is destructive […]
US workers were sytematically lied to by the democrats, who served corporate interests. Policies will be even worse under the Republicans Dean Baker is a Senior Economist at the Center for Economic and Policy Research […]
As the EU already faces massive budget deficits, this would mean major cuts in expenditures for infrastructure, social services, eductation, and health services. The price for US hegemony Read HERE Berlin, Germany
What do you do when problems get too much for you? You bury your head in the sand or you take refuge in hectic activity that you sell as the solution to all problems. Our […]
America’s democracy was destroyed by the two ruling parties who sold us out to corporations, militarists and billionaires. Now we pay the price Chris Hedges is a Pulitzer Prize–winning journalist who was a foreign correspondent for […]
Every year at this time, I look back at the books that I have reviewed during the year on this blog. I’ll take them in chronological order. José Tapia had a new book on the […]
Running primary surpluses when 25 per cent of the population live in poverty does not appear to be an outcome one should boast about. Read HERE
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