Economics

by Ellen Brown, originally posted on Truthdig   The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it. However, taxing the… »

As of January 20, 2019, the United States government remains partially shutdown for one month due to President Donald J. Trump’s insistence of $5.7 billion from Congress to fund his racist and medieval border wall. When it comes to this ongoing debate, Trump, along with his Republican cronies,… »

By Howard Richards “The question is whether finance will promote economic growth and rising living standards or create unproductive credit and use government to enforce creditor claims by imposing austerity and reducing large swathes of the population to debt peonage.” This précis of the pickle that is our prison was… »

Saturday afternoon, the series of demonstrations against the… »

By Vijay Prashad 1 Source: Independent Media Institute This article was produced by Globetrotter, a project of the Independent Media Institute.   Last Thursday—on January… »

“British overseas territories win reprieve after threatening legal action or secession”. The Guardian reports that “The government has been accused of defying parliament by delaying plans to require British tax havens such as the British Virgin Islands to bring in public registers that reveal the true identity of owners of companies… »

Caroline Nye, University of Exeter for The Conversation Japan brought in a controversial new labour policy at the end of 2018 which will open up blue-collar jobs to workers from countries such as Nepal, Thailand, the Philippines and Vietnam. The amendment to Japan’s notoriously restrictive immigration laws… »

The wave of protests that started in December resumed last week with several smaller protests all over different towns of Hungary culminating in a larger demonstration in Budapest on Saturday.  Not long before Christmas, the Hungarian Parliament passed the… »

By Adolf Alzuphar and Ivy Beach Street vending was legalized in Los Angeles on Jan. 1, marking an important victory for economic and immigrant justice in the city. This comes after statewide decriminalization through the Safe Sidewalk Vending Act, or SB946, signed into law in September 2018 by Gov. Jerry… »

Weeks into Trump’s border wall tantrum “talks were due but as the nation digested the president’s rambling, contradictory and combative remarks at a White House press conference on Friday, potentially devastating effects of the shutdown were coming into focus. The Supplemental Nutrition Assistance Program, which provides dietary assistance to 38 million… »