Economics

11.03.2020

Did you know this about Iran and the coronavirus?

Did you know this about Iran and the coronavirus?

This is bad. Since February 19, when the first coronavirus cases were identified in Iran, at least 6,566 people—about one in every 12,000 Iranians—have been infected. At least 237 people have died. Iran is third, behind China and South Korea, in cases of coronavirus per population. Due to U.S. sanctions,… »

09.03.2020

Corporations are Human Creations. We Can’t Let Them Threaten Our Survival

Corporations are Human Creations. We Can’t Let Them Threaten Our Survival

By David Korten We live in a world in extreme crisis. By the estimates of the Global Footprint Network, the human species currently consumes at a rate 1.7 times what Earth’s regenerative systems can sustain. Yet billions of people face a daily struggle for survival that strips them of happiness… »

03.03.2020

The New Deal, Bernie Sanders and Apple Pie

The New Deal, Bernie Sanders and Apple Pie

By Mark Lesseraux Did you know that FDR entered the presidency in 1932 during the Great Depression as a centrist Democrat with a mantra of, “Sorry, there just isn’t enough money to fix any of this.”? Then, a few months later in 1933, BOOM! There was suddenly tons of money available… »

28.02.2020

Cooperation is the Key for our Future

Cooperation is the Key for our Future

As long as humans exist on this Earth, they must cooperate with each other if they want to survive. Technical progress has made humans even more dependent on each other. This is the most important insight that must be made clear to everyone. However, today’s monetary system is so conflicting… »

27.02.2020

Bernie Finally Puts a Number on Cutting Military Spending

Bernie Finally Puts a Number on Cutting Military Spending

Bernie Sanders’ campaign has published a fact sheet on how everything he proposes can be paid for. On that fact sheet we find this line in a list of items that collectively will pay for a Green New Deal: “Reducing defense spending by $1.215 trillion by scaling back military operations… »

25.02.2020

How Are We Going to Pay for Saving Trillions of Dollars?

How Are We Going to Pay for Saving Trillions of Dollars?

Enhanced Medicare for All — that wild scheme that Michael Bloomberg calls “untried” because it’s only been tested for decades in virtually every wealthy nation on earth — would cost $450 billion a year less than the current U.S. system. In the usual propaganda terms (in which you multiply by ten… »

18.02.2020

Global Economy Still Slowing, Dangerously Vulnerable

Global Economy Still Slowing, Dangerously Vulnerable

By Anis Chowdhury and Jomo Kwame Sundaram In an annual ritual early in the year, most major economic organizations have released forecasts for the global economy in 2020. Incredibly, almost as a reminder of where financial power resides in this day and age, the International Monetary… »

06.02.2020

Forget Trump’s Lies, Here’s the Real Economic State of the Union

Forget Trump’s Lies, Here’s the Real Economic State of the Union

By Robert Reich I wasn’t going to comment on Trump’s lie-filled State of the Union message but the whoppers were so big—especially on the economy—that I feel compelled. Here, for the record, is the real state of the union: 1. JOBS: Average monthly job creation dropped from 223,000 in 2018… »

06.02.2020

Degrowth Toward a Steady State Economy: Unifying Non-Growth Movements for Political Impact

Degrowth Toward a Steady State Economy: Unifying Non-Growth Movements for Political Impact

Co-Written By Brian Czech and Riccardo Mastini Limits to Growth and the Environmental Movement No later than the 1960s, scholars wrote in rigorous terms of the limits to economic growth. Europeans such as E.F. Schumacher, Americans including Herman Daly, and European-born Americans (most notably Nicholas Georgescu-Roegen and Kenneth Boulding) set… »

24.01.2020

UN chief outlines solutions to defeat ‘four horsemen’ threatening our global future

UN chief outlines solutions to defeat ‘four horsemen’ threatening our global future

The start of the New Year finds the world facing four looming threats to human progress: surging geopolitical tensions, the climate crisis, global mistrust and the downsides of technology, UN Secretary-General António Guterres said on Wednesday. Global tensions mounting For the Secretary-General, global tensions are at their highest level in years, making the… »

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