Economics

Mary Mellor, Northumbria University, Newcastle for The Conversation There is nothing natural about money. There is no link to some scarce essential form of money that sets a limit to its creation. It can be composed of base metal, paper or electronic data – none of which is… »

The relentless pursuit of GDP growth is being challenged from environmental and well-being standpoints. But where did the idea come from? By Gareth Dale for openDemocracy The politics of economic growth are complex and contested as never before. In rich countries, rates of GDP growth have declined,… »

Pressenza interviewed James Felton Keith during our “Perspectives from Utopia“ event in NYC on June 7. James is running for a seat in New York’s 13th Congressional District with the commitment of establishing an Universal Basic Income. https://youtu.be/_Mi-uGNdSxE… »

By S G Vombatkere In the years immediately preceding World War II, Winston Churchill is quoted as having said: “The era of procrastination, of half-measures, of soothing expedients, of delays, is coming to its close … … in its place we are entering a period of consequences”. World War II, purported… »

From housing costs to wildlife collapse, we pay the price while the rich boost their profits. But from today we can fight back By George Monbiot  for The Guardian What is the most neglected issue in British politics? I would say land. Literally and metaphorically, land underlies… »

‘After decades of neoliberalism, we are at the mercy of a cluster of cartels who are lobbying politicians hard and using monopoly power to boost profits.” Joseph Stiglitz, The Price of Inequality (2012) by Dr Binoy Kampmark —May 31, 2019 ~ The… »

Rather than focusing just on ‘green jobs’ for British workers, a Green New Deal must recognise the UK’s climate debt and fossil-fuelled colonial past. Andrew Taylor , Harpreet Kaur Paul  30 May 2019, for openDemocracy ~ In the US and the UK, the Green New Deal movement… »

Have you ever heard of Rojava, the semiautonomous Kurdish region in North West Syria? Probably not, or you may have seen a recent article/letter in The Guardian from relatives of British people who went to join the US-backed Kurdish effort to fight ISIL (several died) and now are treated… »

Neoliberal capitalism has been denounced recently as a destructive and dehumanising force responsible for human and environmental disasters. The alternative models are not easily found in corporate media where Margaret Thatcher’s TINA (“there is no alternative”) is still the orthodoxy for economists in power. It is, then, encouraging to find… »

Greg Wright, University of California, Merced for The Conversation The truce in the U.S.-China trade war is in tatters. China said on May 13 that it will impose new tariffs on a range of American goods in retaliation for President Donald Trump’s decision to raise duties on… »