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Economics

California Dreaming: Cannabis Cash, Public Banks—and the State’s Own Mini-Fed?

by Ellen Brown originally posted on Truthdig, 03/07/2018   Spurred by the heavily cash-reliant cannabis industry, Los Angeles residents will be the first in the country to vote on a public banking mandate, after the City Council agreed on June 29…

Why private alternatives to the NHS are so much more expensive

Cam Donaldson, Glasgow Caledonian University for The Conversation The NHS has survived to the age of 70 and now costs the UK just over £120 billion per annum. Many advanced economies spend even more on healthcare per head of population.…

Independent unions found new global union federation

By labournet.tv In May 2018 the “International Confederation of Labour” was founded in Italy to unite independent unions and worker organisations across frontiers. We interviewed delegates at the congress to hear about their union activities at home and what they…

Switzerland fails to start a money revolution, but opens debate about a mechanism of economic violence

“This Sunday, Switzerland will hold an historical referendum on how money should be created. Watch this short video to understand what the vote is about – and share with your friends!” (Facebook posting by Positive Money Europe prior to the…

How high streets and shopping malls face a ‘domino effect’ from major store closures

Omar Toulan, IMD Business School and Niccolò Pisani, University of Amsterdam for The Conversation Traditional retail is in the centre of a storm – and British department store chain House of Fraser is the latest to succumb to the tempest.…

A respectable result for the Sovereign Money Initiative (Vollgeld-initiative)

Despite the campaign of confusion and fear run by our opponents and the misinformation provided by the Federal Council and the Swiss National Bank, an estimated 26% voted for the Sovereign Money Initiative. This is a respectable outcome and shows that…

Swiss referendum may change the way money is created in the economy

by Stan Jourdan, for Positive Money Europe* On June 10, Switzerland will be the first country to hold a nationwide referendum on “sovereign money”. Emma Dawnay, board member of the Swiss campaign explains how citizens would benefit from this proposal.…

Markets: The enemy shows its face

Recent events have clearly demonstrated the great role and power of the so-called markets. The words of the European Budget Commissioner, Günther Oettinger, “The markets will teach the Italians how to vote correctly” are unequivocal. In fact, this is a…

Young people are leading a growing movement against low pay and precarious work

Wil Chivers, Cardiff University; Helen Blakely, Cardiff University, and Steve Davies for The Conversation Strikes have taken place at McDonald’s and TGI Friday’s restaurants across the UK in recent months. These strikes are the first of their kind in the…

The Brexit likely side effects they did not tell you about

In the post-truth/fake news era nobody gets surprised that a dirty tricks campaign for Brexit resulted in a number of threats now facing the UK´s new trade deals. Here are just some of them: Revealed: rightwing groups plot to ditch…

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