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Economics

Sociopathy Compounded by Stupidity Shows the Way Forward!

By David Swanson The Charlottesville Daily Progress has published a version of an editorial by the Richmond Times Dispatch that points the way to peace and prosperity! It begins: “When it comes to federal defense spending, Virginia ranks No. 1. Defense dollars account for one-third of…

The Venezuelan “Petro” – Towards A New World Reserve Currency?

By Peter Koenig As this article goes to print, Globovision TV quotes Venezuelan President Nicolas Maduro announcing the launch of a new cryptocurrency, the “Petro Oro”. It will be backed by precious metals. The launch of the new cryptomoney is…

Brexit between the lines: plot to ditch EU safety standards on food and drugs

A document uncovered by Greenpeace’s investigative unit (published accidentally by the Initiative for Free Trade) has revealed “a drive to lobby ministers to ditch strict EU safety standards in order to secure a US trade deal is being drawn up by a…

71 Dead. And still no arrests? How come? Grenfell still burning

On 15/2/18 three billboards were paraded through central London . Inspired by the film Three Billboards Outside Ebbing, Missouri, the protest took the three lorries around London, making significant stops by the Houses of Parliament and St Paul’s Cathedral. Background “The Grenfell…

Homeless in America illustrates inequality discussions at Davos

by Dr Arshad M Khan — January 26, 2018 for Countercurrents A few days ago Oxfam reported on wealth inequality: The richest one percent wrapped their hands around 82 percent of the wealth created last year. Worse the 3.7 billion…

British austerity policies lie at heart of soaring homelessness and related health harms, argue experts

Science Daily reports on a British Medical Journal article by Mark Fransham and Danny Dorling at the University of Oxford calling for action on welfare reform and the housing market. “The number of people officially recorded as sleeping on the…

Worker cooperatives offer real alternatives to Trump’s retrograde economic vision

By Sarah Aziza January 23, 2018 for Waging Nonviolence Announcing his presidency in 2016, Donald Trump promised the nation that he’d become “the greatest job president God ever created.” His plan to accomplish this rested on a retrograde economic vision…

Worker Cooperatives Offer Real Alternatives to Trump’s Retrograde Economic Vision

By Sarah Aziza Announcing his presidency in 2016, Donald Trump promised the nation that he’d become “the greatest job president God ever created.” His plan to accomplish this rested on a retrograde economic vision that would “make America great again,”…

Eight Men Own Half The World’s Wealth, India Worst Hit

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam to mark the annual meeting of political and business leaders in Davos. Oxfam’s…

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…

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