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“Our fight against the vulture funds receives much support worldwide”

Telam: Argentina’s Foreign Minister, Hector Timerman signaled the support on part of the United States to the Argentine stand before the Supreme Court of that country in the case against the vulture funds. He also reminded that Argentina "was the first country that decided to battle on" those speculative interests. "Our fight against the vulture funds receives a lot of support in the world, mainly of countr ...

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The third flaw in the economic system

Over the last few days, Daily Pickings highlighted two of the fundamental flaws in the economic system, exclusive land ownership rights and interest on money. The third fundamental flaw is that the means to life is conditional on paid employment. The industrial revolution drove people from the land into factories, depriving them of the means to life provided by access to land. As mechanisation and computeri ...

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London Tube Workers Plan 5 Days Strike

London, 17 Abr (Prensa Latina) London Tube workers are due to stage a 5 days strike, because almost one thousand workers will loose their jobs. Commuters in London face a further period of heightened transport misery after tube workers announced five days of strikes. Members of the RMT union will strike for 48 hours from the evening of Monday 28 April and again for 72 hours from the following Monday, 5 May. ...

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Still not loving ISDS: 10 reasons to oppose investors’ super-rights in EU trade deals

By the Corporate Europe Observatory, April 16th 2014 At the end of March, the European Commission launched a public consultation over its plan to enshrine far-reaching rights for foreign investors in the EU-US trade deal currently being negotiated. In the face of fierce opposition to these investor super-rights, the Commission is trying to convince the public that these do not endanger democracy and public ...

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The Commons: People power beyond the state

The activist and author David Bollier tells Deutsche Welle why what he calls the Commons will change the way we live our lives and our system of politics. DW: Can you define in a nutshell what you mean by the Commons? David Bollier: The Commons is a system for managing shared resources or a system of governance when a community decides they want to manage a shared resource for the collective benefit outside ...

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Is India on a Totalitarian Path? Arundhati Roy on Corporatism, Nationalism and World’s Largest Vote

By Amy Goodman for Democracy Now! As voting begins in India in the largest elections the world has ever seen, we spend the hour with Indian novelist and essayist Arundhati Roy. Nearly 815 million Indians are eligible to vote, and results will be issued in May. One of India’s most famous authors — and one of its fiercest critics — Roy is out with a new book, "Capitalism: A Ghost Story," which dives into Indi ...

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Loved to Death

By embracing their critics and colonising governments, corporations engineer a world of conformity and consumerism. By George Monbiot, published in the Guardian 8th April 2014 How do you engineer a bland, depoliticised world, a consensus built around consumption and endless growth, a dreamworld of materialism and debt and atomisation, in which all relations can be prefixed with a dollar sign, in which we ce ...

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First major conference to discuss Unconditional Basic Income at the European Union

Unconditional Basic Income Europe is happy to invite you to its first major conference in Brussels, on April 10th 2014. Press release of Unconditional Basic Income Europe Organisation Politicians and major European organisations working in the fields of health, poverty, democracy, education and the environment will discuss the potential benefits of unconditional basic income at the European Economic and Soc ...

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Adam Smith’s Invisible Hand Is at Our Throats

By John Scales Avery* – TRANSCEND Media Service – As everyone knows, Adam Smith invented the theory that individual self-interest is, and ought to be, the main motivating force of human economic activity, and that, in effect, it serves the wider social interest. He put forward a detailed description of this concept in an immense book, “The Wealth of Nations” (1776). “Inquiry into the Nature and Causes of th ...

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Rewriting history

Published by Critical Thinking on Friday, 28 March 2014 In wars, there are generally two sides and it is commonly understood that history is written by the victors but most people are ignorant of the role of banking dynasties in fomenting wars and controlling the narrative to achieve their objectives. Banks finance both sides in war and are always the winners. Banks - create money from nothing through fract ...

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