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Economic Violence

EU: A union for big banks

Published by the Corporate Europe Observatory in January 2014 We reproduce here the Conclusions of this exhaustive study into the new EU “Banking Union”. The original can be read here Though the banking union is an ambitious project, it is…

Argentina Deplores Announcement on Vulture Funds

Buenos Aires, Jul 16 (Prensa Latina) The Argentine Government deplored today a paid announcement on the vulture funds published by the Clarin and La Nacion newspapers asserting that the country undergoes a technical suspension of payments. Jorge Capitanich, Chief of…

Chronicle of a mess foretold: TTIP and TPP seen from Silo’s 1991 letter

The TPP (Trans Pacific Partnership) and TTIP (The Transatlantic Trade and Investment Partnership, aka US-EU “Free” Trade Agreement) continue hurtling towards their coveted objective: to create the largest “free” trade zone ever seen in the world, in reality the largest…

Argentina Alleges Extortion After Supreme Court Sides with Vulture Funds Preying on Sovereign Debt

Democracy Now! We look at a case that is being called the “trial of the century” in how poor countries repay sovereign debt. This week, the U.S. Supreme Court rejected an appeal from Argentina over its $1.5 billion debt in…

Virtual Media blackout about the G77 (in fact 133)+China summit

The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members’ collective economic interests and create an enhanced joint negotiating capacity in the United Nations. There were 77 founding members of…

Why is inequality the big hot issue right now?

TED: Writer Jimmy Guterman takes society’s temperature and digs into the reasons we’re all talking about inequality. Thomas Piketty’s Capital in the 21st Century is a book of our moment. It may be the most unlikely egghead highbrow bestseller since…

A Strange Tale of Morality: Banks, Financial Institutions and Citizens

By Roberto Savio Reprint In this column, Roberto Savio, founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News, argues that it is time to rethink the Seven Deadly Sins in the light…

I wasn’t invited to Bilderberg 2014

The Press is suffering from conspiracy theory fatigue. Sixty years on, the economic para-state continues to meet, now at the Marriott Hotel in Copenhagen, for its annual jamboree, gathering bankers, industrial and business moguls, their press lapdogs and the politicians…

Inclusive Capitalism is an oxymoron

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…

Exclusive: Chilean Robin Hood? Artist Known as “Papas Fritas” on Burning $500M Worth of Student Debt

You may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco “Papas…

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