The anthropologist David Graeber has argued that as much as 30% of all work is performed in “bullshit jobs,” which are unnecessary to produce truly valuable goods and services but arise from competition for income […]
In today’s Germany, Wolfgang Streeck argues, politicians laud “Europe” — while quietly using EU structures to advance German national interests. Read here
Financial crises are often the product of private debt being too high. According to Richard Murphy this situation is rapidly approaching in Britain. The question is what to do when the crisis arrives? Richard Murphy […]
In Germany austerity is still considered the only responsible financial policy – by politicians, media , and populace. The same is true of the EU poltical elite. Read here
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 […]
Globalization went from being a means for national economic prosperity to becoming the end — with national domestic priorities having to adjust to globalization’s needs instead of vice versa. Read here
Every so often humanity manages genuinely to surprise itself. Events to which we had previously assigned zero probability push us into what the ancient Greeks referred to as aporia: a state of intense bafflement urgently […]
Ann Pettifor argues that a failure to recognize the economist’s work guarantees further crises Read here
Dissatisfaction with capitalism has reignited a debate about socialism, but people cannot agree on what “socialism” means. Read here
While European mainstream media has been euphoric concerning Greece´s exit from the beialout programme it was subjected to. The results are catastrophic: -500k people, mostly young, emigrated – Unemployment hit 27.8% (still >20%) – Youth […]
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