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Economics

Inequality as Policy

Globalisation and technology are usually presented as natural and inevitable. In fact their course, insofar as they have led to greater inequality, this has been the result of conscious policy choices. It is much easier to have an economic system that produces more…

Venezuela, the place where death is not a Halloween costume…

…but something that can be found everywhere – in an unnatural way – all year around. By Irene Halford In the usual narrative of a horror movie: you are not safe anywhere as sooner or later Death will find you,…

Big Pharma preps to spend hundreds of millions to keep drug prices high

“PhRMA’s decision to hike membership dues 50 percent will increase the trade group’s considerable coffers to more than $300 million per year,” Politico reports. by Deirdre Fulton, staff writer for Common Dreams Facing an increasingly outraged public, the leading Big…

Belgian Socialist Region Threatens to Block Major EU-Canada Trade Deal

A major trade deal between the European Union and Canada appears to be on the brink of collapse, after Belgium announced it would not sign the treaty amid massive local opposition in three regions of Belgium. The Comprehensive Economic and…

CETA threatens the rule of law

Press Release EU law experts: investor privileges in TTIP/CETA threaten rule of law 17/10/2016 101 professors of law from 24 European countries have signed a joint statement asking European decision makers to exclude controversial legal instruments from TTIP and CETA.…

EU trade ministers postpone decision on CETA

The European Union decided to postpone its final decision on the CETA free trade agreement with Canada. A number of member states, chiefly Belgium and Romania, had earlier expressed concerns about CETA. EU trade ministers in Luxembourg failed to agree…

Trump, Clinton, Obama and the TPP

By Jomo Kwame Sundaram Jomo Kwame Sundaram was United Nations Assistant Secretary-General for Economic Development and received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007. KUALA LUMPUR, Oct 13 2016 (IPS) – The Trans-Pacific Partnership…

Apple, Brussels, and Ireland’s Bruised Sovereignty

By Yanis Varoufakis Despite their unequivocal Europeanism, the Irish have been serially mistreated by the European Union. When Irish voters rejected the Treaty of Lisbon in 2008, the EU forced them to vote again until they delivered the “right” outcome.…

Preface to the South Korean edition of Basic Income: The Material Conditions of Freedom

Daniel Raventós This book, now translated into Korean was first published in English (Pluto Press) and Spanish (El Viejo Topo) in 2007, just before the onset of the present grave economic crisis. A Czech edition was published in 2014 (Rubato).…

Iceland, where bad bankers go to jail, finds nine guilty in historic case

Since its 2008 crisis, Iceland has received recognition for its strategy of prosecuting executives, letting banks go bust, and focusing on social welfare. by Nadia Prupis, staff writer for Common Dreams Iceland, which became a gold standard for corporate accountability…

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