Economics

16.01.2017

Oxfam: Eight men own the wealth of half the world’s population

Oxfam: Eight men own the wealth of half the world’s population

In a report published today to coincide with the Davos meeting of the world’s elite in the Swiss skiing resort, it was revealed that 8 men: Bill Gates (USA, Microsoft), Amancio Ortega (Spain, Inditex fashion group), Warren Buffett (USA, Berkshire Hathaway), Carlos Slim Helú (Mexico, Grupo Carso),  Jeff Bezos (USA,… »

06.01.2017

Poor Darwin – Robots, Not Nature, Now Make the Selection

Poor Darwin – Robots, Not Nature, Now Make the Selection

By Baher Kamal When British naturalist Charles Darwin published in 1859 his theory of evolution in his work On the Origin of Species, he most likely did not expect that robots, not nature, would someday be in charge of the… »

03.01.2017

Bitcoin becomes best-performing currency 2016

Bitcoin becomes best-performing currency 2016

The virtual currency has continued its breathtaking rise surging past $1,000, after already winning the crown of the best-performing currency in 2016 by more than doubling its value in the course of the year. Bitcoin was trading at a value of $1,024 in afternoon European trading on Monday, after breaking… »

29.12.2016

Finland to test ‘universal basic income’ for the unemployed

Finland to test ‘universal basic income’ for the unemployed

A group of 2,000 unemployed people in Finland will receive a basic income every month from the state, tax-free and with no strings attached. Proponents hope to prove such schemes boost people’s motivation to find work. Starting in January, 2,000 unemployed people in Finland will begin receiving 560… »

19.12.2016

Dijsselscrooge: Greece attacked for paying Christmas bonuses to pensioners

Dijsselscrooge: Greece attacked for paying Christmas bonuses to pensioners

Jeroen Dijsselbloem’s salary as the Netherlands’ Finance Minister is over €170,000 p.a. This is more than 212 times as much as the best off of those Greek pensioners whom he is determined to deprive of their Christmas bonuses.  by Steve McGiffen originally published on Spectrezine, 17/12/2016.   Greece’s… »

05.12.2016

Italian referendum: NO to the dictatorship of finance!

Italian referendum: NO to the dictatorship of finance!

What do Brexit, Trump, and “NO” in the Italian referendum have in common? Simple: all three repudiate  omnivorous global finance! The very finance that sadistically destroyed Greece according to the precept “punish one to educate a hundred”. By ravaging Greece beyond all rational limits, financial globocrats have committed the sin of Hubris (arrogance)… »

29.11.2016

The State of the World Right Now: A View

The State of the World Right Now: A View

By Johan Galtung “View” meaning not only a glimpse from above, but a position taken on the world on which the US electorate is now dumping Donald Trump. That world is today basically multi-polar, maybe with 8 poles: Anglo-America, Latin America-Caribbean, African Unity, Islam-OIC from Casablanca to Mindanao, European Union,… »

24.11.2016

Movie night in Berlin: Debt is the money of the rich

Movie night in Berlin: Debt is the money of the rich

In the heart of Neukölln-Berlin, in B-Lage, DiEM25 Berlin presented the film “Who is Saving Whom? – Crisis as a business model at the expense of democracy and social security”. Although the screening room was crowded and crammed with 80 visitors, the mostly young audience attentively watched… »

22.11.2016

China takes the driver’s seat on free trade

China takes the driver’s seat on free trade

Two months before the inauguration of Donald Trump as the next US President and the likely end of the Trans-Pacific Partnership free trade deal, signs emerge that the Asia-Pacific region is turning towards a Plan B. During his presidential campaign, Donald Trump promised to pull the US out of the… »

21.11.2016

Degrowth – is it time for a new kind of economics?

Degrowth – is it time for a new kind of economics?

With the planet reaching its biophysical limits on what it can provide us, a growing number of economists and environmentalists say we need to switch focus from economic growth to human and ecological wellbeing. At the Cyclonomia bike kitchen in Budapest, all tools and equipment are communally owned. The around… »

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