Capitalism

In this interview with the former finance minister of Greece and founder of DiEM25 (Democracy in Europe Movement 2025), Yanis Varoufakis, a host of issues are discussed which  include privatization, human rights, media, his experience with the EU and capitalism’s…

Although this writing was completed in 2003 and the paragraphs on ‘no external debt’ will appear out of order, best bear in mind that all that is spoken of in this essay is still ‘in potential’ and the riddance or…

By Yanis Veroufakis for TED Democracy. In the West, we make a colossal mistake taking it for granted. We see democracy not as the most fragile of flowers that it really is, but we see it as part of our…

America Is Being Destroyed By Problems That Are Unaddressed — Paul Craig Roberts Paul Craig Roberts One hundred years ago European civilization, as it had been known, was ending its life in the Great War, later renamed World War I.…

“Prof Stephen Hawking, one of Britain’s pre-eminent scientists, has said that efforts to create thinking machines pose a threat to our very existence. He told the BBC: “The development of full artificial intelligence could spell the end of the human…

You often hear inequality has widened because globalization and technological change have made most people less competitive, while making the best educated more competitive. From the blog of ROBERT B. REICH There’s some truth to this. The tasks most people used…

In his just-released book, Disaster Capitalism: Making a Killing out of Catastrophe, http://www.versobooks.com/books/1985-disaster-capitalism Antony Loewenstein offers us a superb description of the diminishing power of national governments and international organisations to exercise power in the modern world as multinational corporations consolidate…

The destructive component in capitalism’s ‘Creative Destruction’ is very high Paul Craig Roberts In my book, The Failure of Laissez Faire Capitalism, I explain the concept of external or social costs. These are the costs associated with production that are…

The blind pursuit of economic expansion stokes a cycle of financial crisis, and is wrecking our world. Time for an alternative By George Monbiot for The Guardian, Tuesday 18 November 2014 Another crash is coming. We all know it, now…

This is how Clive Menzies, political economist with a background in business and investment management, founder of the Critical Thinking research project at the Free University and member of the Occupy London Economics Working Group defines the Conference on Inclusive…