Economic Violence

By George Monbiot for The Guardian James McGill Buchanan’s vision of totalitarian capitalism has infected public policy in the US. Now it’s being exported. It’s the missing chapter: a key to understanding the politics of the past half century. To…

Obsession with privatisation, fiscal austerity, deregulation, free trade, and reductions in government spending in order to increase the role of the private sector in the economy and society have been the neoliberal agenda pervading the world economic system since the…

‘There’s a real similarity’: Corbyn gets rousing support from Bernie Sanders. US senator praises Labour leader’s effort to transform politics and take on establishment, seeing parallels with his own campaign’ The Guardian. In spite of not officially endorsing Corbyn or…

By Jomo Kwame Sundaram Jomo Kwame Sundaram was United Nations Assistant Secretary-General for Economic Development and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Oct 13 2016 (IPS) – The Trans-Pacific Partnership…

Governments and corporate lobbyists keep inventing new ways to embed privatisation and circumvent democracy – in this case, the Canada-EU deal By George Monbiot for The Guardian Is it over? Can it be true? If so, it’s a victory for…

‘Unacceptable’ wealth inequality keeps growing in the U.S., with the top 10 percent of families owning three-quarters of total wealth by Deirdre Fulton, staff writer for Common Dreams Yet another report, this one from the U.S. Congressional Budget Office (CBO),…

By George Monbiot for The Guardian The EU is a festering cesspool. But it’s a crystal spring compared with what the outers want to do – surrender Britain’s sovereignty to the United States What it’s about is not what it’s…

‘Unless companies rein in executive salaries, pay their fair share of taxes, and invest in decent jobs the yawning gap between the haves and have-nots will continue to grow’ By Nika Knight, staff writer for Common Dreams At a moment when…

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…

New paper by three IMF economists finds that policies of capital account liberalization and austerity fuel inequality, which in turn hurts growth—”the very thing that the neoliberal agenda is intent on  boosting.” by Andrea Germanos, staff writer for Common Dreams…