Economics

23.03.2017

A Call to Action on Proposed Willets Point Redevelopment Plan

A Call to Action on Proposed Willets Point Redevelopment Plan

By Eric Córdova An all-women’s rally was held on the steps of CitiField on March 16, 2017.  Members of the newly formed East Elmhurst Corona Alliance gathered together for a call to action on the proposed Willets Point Redevelopment Plan.  Led by Ms. Talea Wulfa of East Elmhurst, the demonstration… »

20.03.2017

World Politics-Economics Right Now

World Politics-Economics Right Now

By Johan Galtung The net conclusion? The enormous US imbalance: no longer winning wars, less political clout, economically bankrupt but still powerful, shaping the world culturally. Wise US policy would celebrate the last two; unwise policy would Make America Great Again-military-political, as Trump wants. Drop “Again” Mr. Trump, Make America… »

12.03.2017

Video: Richard D. Wolff on Bankruptcy Protection, Debt Jubilee, Students Debt and the Credit System

Video: Richard D. Wolff on Bankruptcy Protection, Debt Jubilee, Students Debt and the Credit System

This video is part 3 of an educational & historical series with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff. In this interview we talk to him about bankruptcy protection, debt jubilee, students debt and the function that… »

06.03.2017

Varoufakis and De Masi clash with ECB on transparency

Varoufakis and De Masi clash with ECB on transparency

Greece’s former finance minister to hold a press conference on Wednesday, March 8, with German MEP to announce filing a vital Freedom of Information request to the ECB. Did the European Central Bank (ECB) act within its mandate when it shut down Greece’s banks in June 2015? Were the ECB’s… »

06.03.2017

Video: Richard D. Wolff – What is Money? Why do some have more than others?

Video: Richard D. Wolff – What is Money? Why do some have more than others?

This video is part 2 of an educational & historical series with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff. In this interview we talk to him about an instrument of exchange that we use in our society… »

05.03.2017

Seeding the future against destructive neoliberal capitalism

Seeding the future against destructive neoliberal capitalism

By Michael Meurer, Truthout There was much bluster about US job losses under NAFTA in the 2016 election, but walking along the banks of the Río Santiago in the pueblo of Juanacatlán, Mexico, the larger impact of the agreement immediately becomes a searing reality. »

02.03.2017

Video: Richard D. Wolff – What is Capitalism & Socialism? What differentiates them from each other?

Video: Richard D. Wolff – What is Capitalism & Socialism? What differentiates them from each other?

This video is part of an educational & historical series with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff. In this first interview we talk to him about Capitalism and Socialism: What is Capitalism and Socialism? What differentiates… »

01.03.2017

The Sharing Economy: It Takes More Than A Smartphone

The Sharing Economy: It Takes More Than A Smartphone

By Steven Gorelick I ran into my friend Rick the other day in a small town near our homes in northern Vermont. He was just coming out of the bookstore, holding a pink plastic bag that, I would soon learn, contained a dozen eggs from his flock of free range… »

27.02.2017

The Choice Trump’s Budget Creates

The Choice Trump’s Budget Creates

Trump proposes to increase U.S. military spending by $54 billion, and to take that $54 billion out of the other portions of the above budget, including in particular, he says, foreign aid. If you can’t find foreign aid on the chart above, that’s because it is a portion of that… »

21.02.2017

“For-Profit President”: A Look at How Trump Is Pushing Wholesale Corporate Takeover of the Gov’t

“For-Profit President”: A Look at How Trump Is Pushing Wholesale Corporate Takeover of the Gov’t

There has been a wholesale corporate takeover of the government. That’s the conclusion of a new report coming out today by the watchdog group Public Citizen. The report looks at how corporate America has benefited from Trump’s first month in office. Rex Tillerson, the former CEO of Exxon, is… »

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