Economics

Financial meltdown, environmental disaster and even the rise of Donald Trump – neoliberalism has played its part in them all. Why has the left failed to come up with an alternative? By George Monbiot for The Guardian Book review Imagine if…

By John Perkins* for Common Dreams. The Panama Papers should be no surprise. I was there in the 1970s, when the system they’ve exposed was set in motion. As an Economic Hit Man (an EHM), I helped forge this global…

For five thousand years, gold and silver have been humanity’s premier form of money; real money, not the faux-money manufactured by our central banks. During that same period of time, these metals have been our premier instruments of wealth preservation and…

What kind of change socialists should be fighting for? Danny Katch, author of Socialism… Seriously: A Brief Guide to Human Liberation, makes some proposals in his review of a book from a different part of the left: Saving Capitalism: For…

The Prime Minister of Iceland was, like a sunken ship, scuttled through Panamaleaks because, for the Western financial system, he was far more dangerous than even Russia’s Putin. Yes, I hear you, however, as the late Italian premier Giulio Andreotti, used to…

While Clinton backed 2011 Trade Deal, Sanders foresaw Panama Papers fiasco ‘Panama is a world leader when it comes to allowing wealthy Americans and large corporations to evade US taxes,’ Sanders told Congress in 2011. by Lauren McCauley, staff writer…

Hundreds of journalists around the world pored over the 11.5 million files leaked last year by an anonymous source that reveal how the rich and powerful in numerous countries use tax havens to hide their wealth. The files were leaked…

By Craig Murray Whoever leaked the Mossack Fonseca papers appears motivated by a genuine desire to expose the system that enables the ultra wealthy to hide their massive stashes, often corruptly obtained and all involved in tax avoidance. These Panamanian…

With the title ‘How hedge funds held Argentina for ransom’ Martin Guzman and Joseph E. Stiglitz (*) state: ‘Perhaps the most complex trial in history between a sovereign nation, Argentina, and its bondholders — including a group of United States-based…

Germany’s Süddeutsche Zeitung (SZ) has released the biggest leak in journalistic history, posting 11.5 million documents from a Panamanian law firm online and providing “rare insights into a world that can only exist in the shadows.” SZ said it received…