Economics
Economist Mariana Mazzucato on the Downside of Shareholder Value
“We’ve confused rent with profits, value extraction with value creation.” Read here
Inequality
Corruption
Stéfanie Khoury and David Whyte – The UN Human Rights Council’s “Draft Zero” still won’t prioritise human rights above the rights of corporations
Next month, the UN Human Rights Council (HRC) will consider the first draft (“Draft Zero”) of a new treaty on the human rights responsibilities of corporations. It it has already been criticised for key shortcomings […]
Economics
SAMAK: The Nordic Model For Dummies
It is interesting that corporate media and the political elite of Europe south of Scandinavia never likes to talk about this. Read here
Economics
Evonomics – Anat Admati: It Takes a Village of Media, Business, Policy, and Academic Experts to Maintain a Dangerous Financial System
A mix of distorted incentives, ignorance, confusion, and lack of accountability maintain a dangerous financial system Read here
Economics
Richard Murphy – Democratic socialism is the best thing that could ever happen for the market economy
Richard Murphy was asked recently to comment on a suggestion by a friend that socialism would always and inevitably destroy any society because it destroyed all incentives for any constructive human behaviour whereas capitalism did […]
Economics
Bill Mitchell: Reclaiming our sense of collective and community – Part 1
That ‘naturalisation’ of concepts and theories that are manifestly wrong in terms of how they represent our reality are reinforced by the set of myths that go to the core of mainstream macroeconomics. Read here
Corruption
The Political Economy of Italy’s Decline by Andrea Lorenzo Capussela
Book review by Mathew D. Rose Andrea Capussela has a tale to tell – and he does it well. This book could not have appeared at a more opportune moment as it seeks to illuminate […]
Economics
Richard D. Wolff: Socialists Need To Fight For Economic Change — Not Just Another Version Of Capitalism
Dissatisfaction with capitalism has reignited a debate about socialism, but people cannot agree on what “socialism” means. Read here
Economics
Rachel Lurie and Ashoka Mody – Brexit is a consequence of low upward mobility
In the Brexit referendum, UK citizens were pleading through their vote – and non-vote – for a fair shot at the future. Rachel Lurie is an Analyst at the Princeton University Investment Company. She graduated […]
Economics
Richard Murphy – The economic battlefront has been drawn: let the battle commence
The EU political elite simply cannot shake off its subservience to financial corporations, as Carl Bildt’s tweet once again proves. Democracy plays no role in his vision for Europe. There will have to eventually be a […]