With alternative coins flourishing and Central Banks designing their own digital currencies, there is a potential hard-backed currency which cannot be ignored: carbon. Using carbon to back a global currency would redistribute wealth, incentivize low carbon technology and avoid the environmental taxes which hit the world’s poor the hardest, writes Steve Keen.
Britain is heading into recesssion. Can Europe be far behind? Read Here Photo: Henning Schlottmann licensed under the Creative Commons Attribution 4.0 International
Erdoğan’s rapprochement with the Kurds may reshape Turkey’s political landscape. Read HERE Abdullah Ocalan in prison – photo: Hilmi Hacaloğlu
Nothing since the GFC has convinced me that the EMU can be reformed in any meaningful way to resolve the inherent flaws in its architecture, which reflect the neoliberal bias which set the system up […]
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