Here I set out to clarify three specific issues: (1) I specify what degrowth means, and argue that the framing of degrowth is an asset, not a liability; (2) I explain how degrowth differs fundamentally from a recession; and (3) I affirm that degrowth is primarily focused on high-income nations, and explore the implications of degrowth for the global South.
There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they […]
Companies in Germany have significantly reduced their investment plans, according to the ifo Institute’s Business Survey. The ifo investment expectations for the current year fell to 2.2 points in November, down from 14.7 points in […]
Microsoft has fired two employees who organized an unauthorized vigil at the company’s headquarters for Palestinians killed in Gaza during Israel’s war with Hamas. The two employees told The Associated Press they were fired by […]
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