Economics

08.06.2016 Silvia Swinden

John Oliver v. Medical debt vultures

John Oliver v. Medical debt vultures

We know vulture funds, those that buy bad debt from bankrupt countries for pennies and then pursue them through international courts to recover the full amount making obscene profits and damaging any possibility of economic recovery for the countries in question. Argentina, Greece, and many other are still struggling in… »

07.06.2016 Leopoldo Salmaso

The Poverty Dilemma: Hunger or Malaria?

The Poverty Dilemma: Hunger or Malaria?

In these weeks most Tanzanian mothers receive mosquito nets meant to protect their children from Malaria. Such a ritual is repeated every year in every poor country, at the height of the rainy season when Malaria claims the majority of its half a million children lives. The distribution of… »

06.06.2016 Silvia Swinden

Labour Party UK considering Universal Basic Income

Labour Party UK considering Universal Basic Income

John McDonnell, the shadow chancellor, has declared his Party’s interest in studying UBI as a response to the mechanisation of the workforce. Under the leadership of Jeremy Corbyn there is no doubt a search for more humanising economic models is taking place. We reported in Pressenza last year, in response… »

04.06.2016 Redazione Italia

IMF Admits Neoliberalism a Failure

IMF Admits Neoliberalism a Failure

Instead of delivering growth, neoliberal policies of austerity and lowered regulation for capital movement have in fact increased inequality. This inequality might itself undercut growth… Policymakers should be more open to redistribution…   Last week a research wing of the International Monetary Fund came out with a report admitting that… »

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