Economics

19.07.2017

The decline and fall of a neoliberal sacred cow

The decline and fall of a neoliberal sacred cow

When Team Corbyn dared introduce in the UK Labour Party Manifesto a “Tax the Rich” proposal many held their breath, and were more than a little surprised that not only it did not send people into an anti-pinko frenzy but it actually got a lot of praise from respectable economists… »

19.07.2017

A despot in disguise: one man’s mission to rip up democracy

A despot in disguise: one man’s mission to rip up democracy

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… »

09.07.2017

Tens of thousands protest peacefully and colourfully in Hamburg for solidarity without borders

Tens of thousands protest peacefully and colourfully in Hamburg for solidarity without borders

With a very colourful and peaceful protest march of several tens of thousands, the protest days against the G20 summit in Hamburg ended. They were filled with numerous workshops, discussion rounds, art activities and an alternative summit with thousands of participants and important speakers from the fields of human rights,… »

06.07.2017

EU challenges Trump on Tax Avoidance

EU challenges Trump on Tax Avoidance

PRESS RELEASE: Tax Justice Network EU letter ahead of Hamburg summit sets out clear demands on tax avoidance. The European Union has published a letter to EU Heads of State setting out their common position ahead of the G20 summit this weekend. The letter lays down a direct challenge to… »

05.07.2017

Top 300 Cooperatives Generate 2.5 Trillion Dollars in Annual Turnover

Top 300 Cooperatives Generate 2.5 Trillion Dollars in Annual Turnover

The top 300 cooperatives alone generate 2.5 trillion dollars in annual turnover, more than the Gross Domestic Product (GDP) of France, according to the UN Department of Economic and Social Affairs (UNDESA). Cooperatives help to build inclusive economies and societies, and can help to eliminate poverty and… »

02.07.2017

The UK marches against austerity

The UK marches against austerity

Thousands marched yesterday in London to oppose the ongoing austerity in the UK which has left health services, education, police, fire services, welfare and housing in a state of crisis. Addressing the crowd Jeremy Corbyn said: “I say to any public sector workers in Northern Ireland or anywhere else –… »

01.07.2017

‘Grenfell Tower cladding replaced with flammable aluminum panels’

‘Grenfell Tower cladding replaced with flammable aluminum panels’

British media have said that cheap materials were used for the refurbishment of London’s Grenfell Tower which was engulfed by flames two weeks ago. According to a published report in The Times on Friday, fire-resistant zinc cladding was replaced with more flammable aluminum panels to save nearly 300-hundred thousand… »

28.06.2017

Noam Chomsky & Yanis Varoufakis discuss Basic Income

Noam Chomsky & Yanis Varoufakis discuss Basic Income

In this video interview, Yanis Varoufakis and Noam Chomsky talk about the concept of a basic income guarantee also knowns as a universal income. – Is a basic income neccessary in today’s day and age? – How will it impact humanity’s future? – How did this idea… »

24.06.2017

Trump(lack of)care. Red alert for the UK Health System

Trump(lack of)care. Red alert for the UK Health System

If anybody had any doubts about the need to refund, reinstate, protect and develop the UK Health Service the process taking place across the Atlantic is providing us with all the reasons. US Senator Elizabeth Warren explains after reading the Trumpcare Bill: ‘This Is Blood Money’. “Senator has read Republican’s… »

23.06.2017

Several neoliberal mantras go up in smoke

Several neoliberal mantras go up in smoke

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 70s’ after Friedrich Hayek was given the Nobel Prize in… »

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