Economics

11.06.2020

Tear Down the Racist Statues, End Racist Debt and Pay for Equalizing Reparations

Tear Down the Racist Statues, End Racist Debt and Pay for Equalizing Reparations

By Vijay Prashad The statues are coming down. The most recent avalanche began in the United States after the murder of George Floyd at the hands of police and the uprising it occasioned. In Philadelphia, the city removed a statue of former police commissioner Frank Rizzo; the mayor… »

10.06.2020

Note Six: The Just Distribution and Ethical Use of Property

Note Six: The Just Distribution and Ethical Use of Property

By Howard Richards From the New York Times, June 2, 2020: ´The anger is different this time. After years of Americans being killed by the police — more than 1,000 per year, for as long as statistics exist — something has changed over the past week. ´The gruesome video… »

10.06.2020

Neoliberalism is in critical condition

Neoliberalism is in critical condition

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe is becoming obsolete, leaving ways for a diversity of interventionist… »

10.06.2020

Defund the Police, Defund the Military

Defund the Police, Defund the Military

On June 1, President Trump threatened to deploy active-duty U.S. military forces against peaceful Black Lives Matter protesters in cities across America. Trump and state governors eventually deployed at least 17,000 National Guard troops across the country. In the nation’s capital, Trump deployed nine Blackhawk assault helicopters, thousands… »

08.06.2020

Caribbean Leaders Urge Global Response to COVID Pandemic

Caribbean Leaders Urge Global Response to COVID Pandemic

Call for Addressing Inequality, Unsustainable Debt and Socio-Economic Disparities By Reinhard Jacobsen Caribbean leaders have joined the United Nations in calling for solidarity and increased funding, as some of the world’s most vulnerable countries scale up their efforts to combat the COVID-19 pandemic. At a virtual summit in Kenya’s capital… »

04.06.2020

How pandemics past and present fuel the rise of mega-corporations

How pandemics past and present fuel the rise of mega-corporations

In June 1348, people in England began reporting mysterious symptoms. They started off as mild and vague: headaches, aches, and nausea. This was followed by painful black lumps, or buboes, growing in the armpits and groin, which gave the disease its name: bubonic plague. The last stage was a high… »

04.06.2020

Does the coronavirus crisis make a no-deal Brexit more likely?

Does the coronavirus crisis make a no-deal Brexit more likely?

June is a critical month for EU-UK talks on a trade deal. If no progress is made this month, a no-deal Brexit looks inevitable. Is it possible that’s because of, rather than in spite of, the coronavirus crisis? On June 23, four years will have passed since the momentous Brexit… »

03.06.2020

Universal Basic Income, ie for Everyone.

Universal Basic Income, ie for Everyone.

This article continues a series that will attempt to briefly explain the different aspects of the Universal Basic Income (UBI) proposal. To see the full series of articles published on this same subject, click here. As the name suggests, the Universal Basic Income proposal is for everyone. Some,… »

29.05.2020

Ending the Monetary Pandemic

Ending the Monetary Pandemic

By Greg Coleridge The institutions that create and distribute money in our nation and throughout much of the world are diseased. Monetary systems are supposed to ensure that economies are healthy, just and sustainable. They shouldn’t benefit the 1% at the expense of the rest of us. »

29.05.2020

Europe Accepts the Legislative Initiative of Citizens Demanding a Universal Basic Income for All Its Residents.

Europe Accepts the Legislative Initiative of Citizens Demanding a Universal Basic Income for All Its Residents.

The European Citizen Initiative (ECI), which calls for the establishment of a Universal and Unconditional Basic Income (UBI) for all people residing in the European Union , was accepted by the European Commission on Friday May 15, 2020 . The General Secretariat of the European Citizen Initiative Team (which belongs… »

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