(Image: Emily Flake) Beyond Corporate Capitalism: Not So Wild a Dream by Gar Alperovitz and Thomas Hanna It’s time to put the taboo subject of public ownership back on the progressive agenda. It is the only way to solve some of the most serious problems facing the nation. We contend that it is possible not only to talk [...]
Since the 1970s, wealth has become increasingly concentrated in the hands of the financial sector [EPA] Cambridge, MA - The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been anything like it that I can think of. If the bonds and associations it has established can be sustained through a long, [...]
Fred R. Conrad/The New York Times Europe’s Economic Suicide By PAUL KRUGMAN On Saturday The Times reported on an apparently growing phenomenon in Europe: “suicide by economic crisis,” people taking their own lives in despair over unemployment and business failure. It was a heartbreaking story. But I’m sure I wasn’t the only reader, especially among economists, wondering if [...]
The present global crisis is not at its core an economic depression but rather a systemic failure By Richard Clark (about the author) opednews.com Become a Fan (96 fans) — Page 1 of 1 page(s) opednews.com We tend to forget that the larger system within which we live is changing and is, with our help, reaching [...]
China’s Impending Financial CrashBy Gwynne Dyer March 16, 2012 “Vancouver Free Press” — Building a skyscraper is the ultimate expression of economic confidence, and more than half of the 124 skyscrapers currently under construction in the world are being built in China. But confidence is often based on nothing more than [...]
Like you and other Americans, I love my country, its wonderful people, its boundless energy, its creativity in so many fields, its natural beauty, its many gifts to the world, and the freedom it has given us to express ourselves. So we should all be angry, profoundly angry, when we consider what has happened to [...]
US Running on Myths, Lies, Deceptions and Distractions Republican Hypocrisy; Democratic Complicity; The Press’s Malfeasance; and Why You Don’t Have a Job and if You Do, Why it Doesn’t Pay Squat by John Atcheson The United States is headed for a plutocratic dystopia where a few gated communities sit like islands amidst a [...]
‘Living Within Its Means’? Claims About Budget Balancing Are Baloney by John Miller An interesting article. But just how do you balance a completely unbalanced budget which is the direct result of a completely unbalanced system of inequality, oppression and poverty? As long as the vast majority of the benefits accrue directly to [...]
The economic, political and social outlook for 2012 is profoundly negative. The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Though even here their predictions understate the scope and depth of the crises.There are powerful reasons to believe that beginning in 2012, we are heading toward [...]
The Occupy movements are a manifestation of the public’s discontent with American social welfare [GALLO/GETTY] San Pedro, California - Last week I wrote about Newt Gingrich‘s incredibly destructive record and mindset. But as I wrote then, “If you want to know why the American political system can’t solve even most routine problems anymore, the reasons are [...]
When in doubt, wheel on Teddy Roosevelt. It’s in every Democratic president’s playbook. TR was president from 1901 to 1909. He was manly, ranching in North Dakota, exploring the Amazon and nearly expiring on the River of Doubt. He was an imperialist con amore, charging up San Juan Hill, sending the [...]
LIKE THIS ARTICLE ? Join our mailing list: Sign up to stay up to date on the latest headlines via email. The International Climate Negotiations roadshow is rolling into Durban, South Africa this December and the big question – at least for the diminished audience still watching – is what we can expect out of [...]
Global elites have managed to capture the financial system, managing it to their own benefit [EPA] Santa Barbara, CA – As the crisis of global capitalism spirals out of control, the powers that be in the global system appear to be adrift and unable to proposal viable solutions. From the slaughter of dozens of young [...]
withayou (CC-BY) HERE COMES THE CAPITAL STRIKE EMAIL PRINT SHARE SHARE Posted on Nov 26, 2011 From his seat in Congress, House Speaker John Boehner announced in mid-September that American business owners would continue to hold the nation’s wealth (and thus the public welfare) hostage until government granted them the “low-tax, deregulated world they wanted,” writes journalist [...]
Bob Jagendorf (CC-BY) By William Pfaff The theme of most political and social commentary is that things are more complicated than you think. For once, I wish to write that things are simpler than you think. This concerns two matters at the core of the present American political crisis. The first is that control over the [...]
Greenwald Glenn Greenwald, How the Rich Subverted the Legal System Posted by Glenn Greenwald at 7:27am, October 25, 2011. What if, last Friday, President Obama had stepped to the podium at the James S. Brady Press Briefing Room and begun his remarks this way: “Good afternoon, everybody. As a candidate for President, I pledged to bring [...]
3 Things That Must Happen for Us To Rise Up and Defeat the Corporatocracy Transforming the United States into something closer to a democracy requires: 1) knowledge of how we are getting screwed; 2) pragmatic tactics, strategies, and solutions; and 3) the “energy to do battle.” The majority of Americans oppose the corporatocracy (rule by giant [...]
The All-American Occupation A Century of Our Streets Vs. Wall Street By Steve Fraser Occupy Wall Street, the ongoing demonstration-cum-sleep-in that began a month ago not far from the New York Stock Exchange and has since spread like wildfire to cities around the country, may be a game-changer. If so, it couldn’t be more appropriate [...]
War Breeds War, Peace Breeds Prosperity by Lee Wrights, October 15, 2011 | Print This | Share This | Antiwar Forum “Having seen the people of all other nations bowed down to the earth under the wars and prodigalities of their rulers, I have cherished their opposites, peace, economy, and riddance of public debt, believing that these were the [...]
– Posted on 11 October 2011 Obama’s Depression – by Stephen Lendman Chosen to serve power, not popular interests, Obama wrecked America‘s economy to save giant Wall Street banks. He’s still doing it, despite claiming he’s been out in front doing all he can. By bailing out too-big-to-fail banks and waging multiple imperial wars, [...]
Ry Cooder Listening Party With Robert Scheer SHARE 2 Nonesuch Records Posted on Oct 2, 2011 The celebrated musician talks about select tracks from his new album, “Pull Up Some Dust and Sit Down,” as well as his musical and political influences, with Truthdig’s Robert Scheer and Kasia Anderson. The first part of this interview originally aired [...]
More than 40 per cent of employed Americans are working in the typically low-paying service industry [GALLO/GETTY] “I hear all this, ‘well, this is class warfare, this is whatever’. No. There is nobody in this country who got rich on his own. Nobody. You built a factory out there? Good for you. But I want [...]
Consumer confidence has been dropping as Europe’s stock markets face uncertainty and massive public debt [EPA] The great debt scare The drop in economic confidence was sharper in July 2011 than it was in 2008, due to fears of a US debt default. Robert Shiller Last Modified: 26 Sep 2011 16:10 It might not seem [...]
Hard Times Getting Harder By Stephen Lendman - Posted on 18 September 2011 Hard Times Getting Harder – by Stephen Lendman Americans are being hammered economically, politically and socially. Paul Craig Roberts quoted Vladimir Putin calling America “a parasite on the world.” PR manipulators present a virtuous image. Roberts said “Putin understated the burden that America [...]
Bruce Levine 3 Things That Must Happen for Us To Rise Up and Defeat the Corporatocracy Most Americans oppose rule by the corporatocracy but don’t have the tools to fight back. Here are three things we need to create a real people’s movement. August 25, 2011 | Transforming the United States into something closer to [...]
Financial crises precipitate different types of economic downturns than do ordinary recessions, and therefore require different policies to fix them [GALLO/GETTY] Why is everyone still referring to the recent financial crisis as the “Great Recession“? The term, after all, is predicated on a dangerous misdiagnosis of the problems that confront the United States and other countries, leading to bad [...]
America’s Big Speed-Up: No Wonder the Jobless Rate is Staying at Depression Levels Sun, 07/31/2011 – 09:15 — Anonymous by: Dave Lindorff My wife Joyce and I were renting a car for the week this morning at a Hertz office just outside Philadelphia. There was a line of people either waiting to pick up [...]
Political Washington Fiddles While Rome Burns By Stephen Lendman - Posted on 30 July 2011 Political Washington Fiddles While Rome Burns – by Stephen Lendman With an approaching August 2 deadline, Paul Craig Roberts assessed the state of things accurately like he always does, saying in his new article headlined, “Disastrous Outcomes From An Orchestrated Crisis:” [...]
Debt Is A Crisis By David Swanson http://warisacrime.org/content/debt-crisis What if the imminent banging of Uncle Sam‘s skull into the looming debt ceiling isn’t a crisis, but the very concept of debt is? The debt ceiling has been lifted numerous times without fanfare or fainting spells. All we face this week is a fabricated opportunity to [...]
The following is an article by Noam Chomsky about many matters including what May Day seems to have come to mean. George Ikners ikners.con a WordPress site The ‘Great Moderation‘ and the International Assault on Labor Noam Chomsky In These Times, May 2, 2011 In most of the world, May Day is an international workers’ [...]
Wall Street shares slump as S&P downgrades US debt outlook Ratings agency cuts long-term outlook from stable to negative for first time since Pearl Harbor attack 70 years ago Share1002 Larry Elliott, Economics editor The Guardian, Tuesday 19 April 2011 Article history Traders at the New York Stock Exchange see shares tumble as S&P [...]
