Economics
Before Maria, Forcing Puerto Rico To Pay Its Debt Was Odious. Now It’s Pure Cruelty
Co-Written by Stan Cox and Paul Cox Donald Trump’s sadistic attacks on the people of Puerto Rico got most of the headlines, but it is colonial exploitation that created the unnatural disaster that continues to play out in America’s Caribbean…
Basic Income Congress brings together the actors necessary to implement it
By Álvaro Orus and Mayte Quintanilla. One of the greatest achievements – compared to previous editions – of the 17th Basic Income Earth Network world congress that took place in Lisbon has been the way that basic income has been…
Schäuble leaves but Schäuble-ism lives on
By Yanis Varoufakis for DiEM25. Wolfgang Schäuble may have left the finance ministry but his policy for turning the eurozone into an iron cage of austerity that is the very antithesis of a democratic federation, lives on. What is remarkable…
DiEM’s ‘Greek New Deal’ presented in Patra – Greece’s third-largest city
DiEM25 and its co-founder Yanis Varoufakis were well received in the city of Patra in Western Greece. The “Royal” theatre was packed with people who were keen to hear about DiEM25’s “New Deal for Greece”. In his speech, Yanis noted…
Great mobilisation for the 17th world congress on Universal Basic Income
The international BIEN congress (Basic Income Earth Network) dealing with universal and unconditional basic income took place from the 25th to the 27th of September. The number of participants, level of exchange and harmony of opinions has surpassed the organisers’…
Don’t let the rich get even richer on the assets we all share
By George Monbiot for The Guardian It’s time for communities to seize back control of resources upon which their prosperity depends Are you a statist or a free marketeer? Do you believe that intervention should be minimised or that state…
First US bank annouce public position against nuclear weapons
On Wednesday 20 September, the new Treaty for the Prohibition of Nuclear Weapons officially opened for signature and over 50 countries signed. The US was not one of the signers, but US advocates for the Treaty have succeeded in making…
The Eurozone is ‘bouncing back’? Tell that to the people of Spain and Greece
EU citizens living under squeezed financial circumstances could be forgiven for wondering whether European Commission President Juncker was having a joke at their expense when he spoke recently about how Europe’s economy is finally bouncing back. After a tumultuous decade…
Portugal’s left-leaning economic recovery
Portugal has been getting noticed for its remarkable recovery in the last two years, defying the doomsayers who predicted the devil was coming the moment that the Troika-prescribed policies were reversed and an expansionary policy was adopted instead. The left-wing…
Beyond state capitalism: The commons economy in our lifetimes
By James Bernard Quilligan In considering the essential problem of how to produce and distribute material wealth, virtually all of the great economists in Western history have ignored the significance of the commons—the shared resources of nature and society that people…
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