Economics

18.01.2018

Jeremy Corbyn calls on Carillion directors to hand back their bonuses

Jeremy Corbyn calls on Carillion directors to hand back their bonuses

“Labour leader says failed firm’s executives ‘should not be paid anything at the present time because they have run the company in such a way that all these jobs are at risk’. Jeremy Corbyn has called on the directors of failed construction firm Carillion to give back their multi-million pound bonuses. The… »

18.01.2018

The PFI* bosses fleeced us. Now watch them walk away

The PFI* bosses fleeced us. Now watch them walk away

by George Monbiot for The Guardian When contracts fail, the legal priority is still to pay firms like Carillion. Money is officially more valuable than life Again the “inefficient” state mops up the disasters caused by “efficient” private companies. Just as the army had to step in when G4S… »

03.01.2018

The Fight For A New Economy

The Fight For A New Economy

By Stewart Wallis, Each day, we can see new evidence that the economy fails to serve people or planet. Stewart Wallis, former executive director of the New Economics Foundation, speaks with Tellus Senior Fellow Allen White about how to galvanize action for a new economy. You began your career in business… »

02.01.2018

Billionaires, Fiscal Paradise, the World’s Debt, and the Victims

Billionaires, Fiscal Paradise, the World’s Debt, and the Victims

By Roberto Savio Among Bloomberg’s many profitable activities there is a convenient Bloomberg Billionaires Index, which has just published its findings for 2017. It covers only the 500 richest people, and it proudly announces that they have increased their wealth by 1 trillion dollars in just one year. Their fortunes… »

28.12.2017

As wealthiest amass another $1 trillion in 2017, calls for a ‘Strike Back’ against oligarchy

As wealthiest amass another $1 trillion in 2017, calls for a ‘Strike Back’ against oligarchy

“We can have a world where everyone has a decent home, the chance for an education, and access to healthcare. Or we can have billionaires. We can’t have both.” by Julia Conley, staff writer for Common Dreams As the gap between the world’s richest and poorest people has widened… »

27.12.2017

Another Victory over the Blockade, despite the U.S., in 2017

Another Victory over the Blockade, despite the U.S., in 2017

By Laura Becquer Paseiro* Havana (Prensa Latina) This year, the United States adopted again a stance that was believed to be a thing of the past: it voted at the United Nations against Cuba”s resolution condemning the economic, commercial and financial blockade that Washington has imposed on the Caribbean island… »

23.12.2017

A 2018, Republican Corporate Tax Cut Plan, Future of the World Prediction

A 2018, Republican Corporate Tax Cut Plan, Future of the World Prediction

By Jerome Irwin It doesn’t take a mystic to look into a crystal ball to realize that America’s new draconian corporate tax cut scam now is not only the greatest financial heist and political con to be committed in recent modern history, that will make the 2008 so-called “bail-out’ of… »

20.12.2017

Face 2 Face with Tom Cayler

Face 2 Face with Tom Cayler

On this show we speak with Tom Cayler, chairman of the Illegal Hotel Committee for Manhattan’s West Side Neighborhood Alliance. The committee works against landlords who push people out to convert their apartments into illegal hotel rooms, and thus decreasing the affordable housing stock in our city. »

18.12.2017

Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis

Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis

By Guy Lane Bitcoin mining – the mechanism of creating Bitcoins and approving transactions on the blockchain – consumes prodigious amounts of electricity due to the use of a ‘Proof of Work’ cryptographic algorithm. While some Bitcoin is mined using clean energy (hydropower and geothermal energy, mainly) most Bitcoin is… »

15.12.2017

Global inequality is on the rise – but at vastly different rates across the world

Global inequality is on the rise – but at vastly different rates across the world

Antonio Savoia, University of Manchester Inequality is rising almost everywhere across the world – that’s the clear finding of the first ever World Inequality Report. In particular, it has grown fastest in Russia, India and China – places where this was long suspected but there… »

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