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 are conduits for tax avoidance havens for the top 1% and the multi-nationals.
A flaw in Europe’s clean energy plan allows fuel from felled trees to qualify as renewable energy when in fact this would accelerate climate change and devastate forests Read here
The left should embrace de-growth, but it’s the rich that need to sacrifice… Read here
The IMF is making it starkly clear that the capitalist mode of production is failing to deliver on increased productivity, essential to meet the social needs of 8bn humans. Michael Roberts is an Economist in the […]
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