Category: Economy
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Neoliberalism and the End of Shorter Work Hours
While in previous crises shorter work hours were discussed as a measure to combat growing unemployment, an astonishing feature of the current economic downturn from 2007 on was that work … Keep reading »
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Tax Cuts, Privatization and Deregulation Disguised as Public Policy
Where are we going as a society? We once proudly invested in our schools, pools, libraries, daycare, healthcare, roads, electricity, water and sewers. Today we’re busy slashing social services and … Keep reading »
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Contracorriente – discussion with Michael Lebowitz
Michael Lebowitz is interview by Aurelio Alonso (Cuba, February 2010). Watch video »
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Deutscher Prize Lecture 2011
London — 11 November 2011. History versus Theory:a Commentary on Marx’s Method of Capital The 2010 Deutscher Memorial Prize was awarded to David Harvey for his book The Enigma of … Watch video »
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The Next Banking Crisis
In the ongoing Euro-crisis, our political leaders are constantly criticized for ‘playing catch-up’ and not being ‘ahead of the curve’ (although others might feel that they are completely round the … Keep reading »
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Understanding and Fighting Austerity
Toronto — 12 November 2011. What are some of the forces that are driving the current crisis? How is it pushing forward the agenda of business and governments to get … Watch video »
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Italy and Greece: Rule by the Bankers
It looks as though, by Monday, both Greece and Italy will be ruled by so-called ‘technocratic’ governments. Even though both Greek prime minister George Papandreou and Italian prime minister Silvio … Keep reading »
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Corporations Occupy Fair Trade
Over the past few weeks the Occupy Wall Street (OWS) movement has shone the spotlight on corporate power and social inequality, and calls have begun to emerge from within the … Keep reading »
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Greece on the Brink of Emergency: A Matter of Days
In Greece a number of factors stand out, suggesting that Greece is on the verge of some major changes. The disruption of basic operations of the state in conjunction with … Keep reading »
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Follow the Money: Behind the European Debt Crisis Lie More Bank Bailouts
While I was cursing the inane mainstream commentary on the global economy recently, I was reminded of a pivotal scene in the 1976 movie, All the President’s Men. As two … Keep reading »
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The Size Of The U.S. Public Debt
Are The Rating Agencies Fools or Knaves? It is quite possible that you believe that the U.S. public debt is quite large. You may even think that it is dangerously large, … Keep reading »
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Feral Capitalism Hits The Streets
“Nihilistic and feral teenagers” the Daily Mail called them: the crazy youths from all walks of life who raced around the streets mindlessly and desperately hurling bricks, stones and bottles … Keep reading »