Economics

We know vulture funds, those that buy bad debt from bankrupt countries for pennies and then pursue them through international courts to recover the full amount making obscene profits and damaging any possibility of economic recovery for the countries in…

‘Unless companies rein in executive salaries, pay their fair share of taxes, and invest in decent jobs the yawning gap between the haves and have-nots will continue to grow’ By Nika Knight, staff writer for Common Dreams At a moment when…

In these weeks most Tanzanian mothers receive mosquito nets meant to protect their children from Malaria. Such a ritual is repeated every year in every poor country, at the height of the rainy season when Malaria claims the majority of…

John McDonnell, the shadow chancellor, has declared his Party’s interest in studying UBI as a response to the mechanisation of the workforce. Under the leadership of Jeremy Corbyn there is no doubt a search for more humanising economic models is…

Instead of delivering growth, neoliberal policies of austerity and lowered regulation for capital movement have in fact increased inequality. This inequality might itself undercut growth… Policymakers should be more open to redistribution…   Last week a research wing of the…

Human Wrongs Watch “Eco-crime hits record high at up to $258 billion, outstripping the illegal trade in small arms, as international criminal gangs and militant groups profit from the plunder of Earth’s resources.”* Nairobi, 4 June 2016 – The value…

By not increasing spending, ‘we are breaking promises to young people and old people,’ says OECD economist by Deirdre Fulton, staff writer for Common Dreams Less than a week after the International Monetary Fund (IMF) expressed reservations about neoliberal policies…

New paper by three IMF economists finds that policies of capital account liberalization and austerity fuel inequality, which in turn hurts growth—”the very thing that the neoliberal agenda is intent on  boosting.” by Andrea Germanos, staff writer for Common Dreams…

By Inka, NoTTIP TEXT AND IMAGES PROVIDED BY TIM FLITCROFT Monday May 16th saw Day of Actions Against CETA by anti TTIP activists who joined allies from across Atlantic to kickstart the campaign in the centre of London. Our message:…

In this interview with the former finance minister of Greece and founder of DiEM25 (Democracy in Europe Movement 2025), Yanis Varoufakis, a host of issues are discussed which  include privatization, human rights, media, his experience with the EU and capitalism’s…