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What is to be Done with the Banks? Radical Proposals for Radical Changes

Immediate measures for moving towards socialisation of the banking sector... [read more]

A journey into the vice-ridden world of banking

The primary objective of the world’s leaders is to avoid another banking and financial crash that could be worse than the one in September 2008... [read more]

The Mockery of Banking Discipline

Part 7 of Eric Toussaint series, Banks versus the People: the Underside of a Rigged Game... [read more]

Nations Get what their Financial-Industrial Systems Deliver: A Comparative Analysis of Three Different Groups of Financial-Industrial Systems

George Tait Edwards compares three different financial-industrial systems and considers the merits of each model... [read more]

Reinventing Banking: From Russia to Iceland to Ecuador

Global developments in finance and geopolitics are prompting a rethinking of the structure of banking and of the nature of money itself... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 1)

Eric Toussaint looks at 2007-2012: Six years that shook the banking world... [read more]

Fast-track Hands the Money Monopoly to Private Banks — Permanently

In March 2014, the Bank of England let the cat out of the bag... [read more]

The Banks, Fragile Giants

Part 5 of Eric Toussaint's series Banks versus the People: the Underside of a Rigged Game shows that big banks continue playing with fire, because they are persuaded that governments will save them whenever necessary... [read more]

The Italian Banking Crisis: No Free Lunch—or Is There?

It has been called “a bigger risk than Brexit”– the Italian banking crisis that could take down the eurozone... [read more]

Making the World Safe for Banksters: Syria in the Cross-hairs

In an August 2013, journalist Greg Palast posted evidence of a secret late-1990s plan devised by Wall Street ans US Treasury officials to open banking to the lucrative derivatives business... [read more]

Killing Off Community Banks: Intended Consequence of Dodd-Frank?

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks... [read more]

Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap?

In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s only state-owned bank, is more profitable than Goldman Sachs Group... [read more]

Banks: Fudged health report

The final part of the series by Eric Toussaint - Banks versus the People: the Underside of a Rigged Game!... [read more]

The Bank Guarantee That Bankrupted Ireland

The Irish have a long history of being tyrannized, exploited, and oppressed—from the forced conversion to Christianity in the Dark Ages, to slave trading of the natives in the 15th and 16th centuries, to the mid-nineteenth century “potato famine” that was really a holocaust... [read more]

Ensuring Scottish sovereignty

Ellen Brown discusses options for economic development in a future independent Scotland... [read more]

Central Bank Digital Currencies: A Revolution in Banking?

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies... [read more]

The ECB’s Noose Around Greece

Remember when Goldman Sachs delivered a thinly-veiled threat to the Greek Parliament, warning them to elect a pro-austerity prime minister or risk having central bank liquidity cut off to their banks?... [read more]

Economic Policies for an Incoming Labour Government (Part 1 of 9)

The Coalition Government’s Failed Austerity Programme... [read more]

The Big Banks Organise Massive Tax Evasion on an International Scale

Part 7 of Eric Toussaint's series 'The banks and the “Too Big to Jail” doctrine'... [read more]

The Scottish Industrial Revolution, or The Scottish First Industrial Miracle 1700–1800

Most accounts of the origins of the industrial revolution are Anglo-centric, focused upon how the industrial revolution in England began from about 1750... [read more]

“Guerrilla Warfare” Against the EU-ECB-IMF Economic Hegemony: The Challenge and Promise of Greece. The Nationalization of the Banking System

Greece could restore the liquidity desperately needed by its banks and economy by nationalizing the banks and issuing digital loans backed by government guarantees... [read more]

Banks bluff in a completely legal way

Part 8 of Eric Toussaint's series Banks Versus The People: The Underside Of A Rigged Game!... [read more]

Banks in Crisis? Take them Over

With politicians and financial experts grasping at straws in their efforts to resolve the worst economic crisis in decades, Mick Brooks outlines the case for the nationalisation of the banking system.... [read more]

How America Became an Oligarchy

According to a new study from Princeton University, American democracy no longer exists... [read more]

Would Scottish Independence Mean Economic Sovereignty?

Scottish voters will go to the polls on September 18th to decide whether Scotland should become an independent country... [read more]

The Real Cost of the Banking Crisis

Mick Brooks reviews the Bank of England's assessment of the banking crisis.... [read more]

Economic Policies for an Incoming Labour Government (Part 8 of 9)

The Community Interest Bank Key to Local SME Development... [read more]

EU Showdown: Greece Takes on the Vampire Squid

Greece and the troika (the International Monetary Fund, the EU, and the European Central Bank) are in a dangerous game of chicken... [read more]

The Leveraged Buyout of America

In a letter to Federal Reserve Chairman Ben Bernanke, US Representative Alan Grayson and three co-signers expressed concern about the expansion of large banks into what have traditionally been non-financial commercial spheres... [read more]

The Populist Revolution: Bernie and Beyond

The world is undergoing a populist revival. From the revolt against austerity led by Syriza to Jeremy Corbyn’s surprise victory as Labour leader... [read more]

A Revolutionary Pope Calls for Rethinking the Outdated Criteria That Rule the World

Pope Francis’ revolutionary encyclical addresses not just climate change but the banking crisis... [read more]

Banks and the New “Too Big to Jail” Doctrine

Part 1 of the series 'Banks and the new “too big to jail” doctrine' by Eric Toussaint... [read more]

The Great Cop-Out

Impeded by Gordon Brown, the G20 has decided that bankers won’t be properly regulated, as George Monbiot explains.... [read more]

Can Jill Carry Bernie’s Baton?

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate... [read more]

A Crisis Worse than ISIS? Bail-Ins Begin

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US... [read more]

The Greek Coup: Liquidity as a Weapon of Coercion

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system... [read more]

Governments submit to “Too Big to Fail” banks (part 1)

Since 2007, the major Central Banks of the most industrialised countries have lent massively to private banks at very low interest rates in order to avoid their failure... [read more]

The Impunity Enjoyed by the Banks must Stop

The final part of the series by Eric Toussaint - The Banks and the “Too Big to Jail” Doctrine... [read more]

Comparison of the Washington, Berlin, and Tokyo Consensus Zones -Which one really works?

George Tait Edwards compares three separate economic systems presently operating around the world... [read more]

Warren’s Post Office Proposal: Palast Aims at the Wrong Target

Investigative reporter Greg Palast is usually pretty good at peering behind the rhetoric and seeing what is really going on. But in tearing into Senator Elizabeth Warren’s support of postal financial services, he has done a serious disservice to the underdogs... [read more]

From Austerity to Prosperity: Why I Am Running for California Treasurer

Welfare payments, health care for the poor, and benefits for the elderly and disabled have been slashed. State workers have been downsized... [read more]

Martial Law and the Economy: Is Homeland Security Preparing for the Next Wall Street Collapse?

Reports are that the Department of Homeland Security (DHS) is engaged in a massive, covert military buildup, writes Ellen Brown... [read more]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 1

Economist George Tait Edwards straightens out some of the economic myths taught at Western universities (Part 1 of 2) ... [read more]

Banks versus the People: The Underside of a Rigged Game! (Part 2)

The European Central Bank and the Federal Reserve are at the service of the major private banks... [read more]

Shimomuran Economics: The No-Debt Investment Credit Creation Path to More Rapid Economic Growth

George Tait Edwards MBE makes the case for the urgent implementation of Keynesian economics to stimulate growth, based on the economic model's previous success in the US, China and Japan... [read more]

It Can Happen Here: The Bank Confiscation Scheme for US and UK Depositors

Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets reveals Ellen Brown... [read more]

Saving Illinois: Getting More Bang for the State’s Bucks

Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions.... [read more]

What a State-Owned Bank Can Do for New Jersey

Having a cheap and ready credit line with the state’s own bank can have similar benefits for New Jersey and other states... [read more]

Funding California Schools: Proposition 51 Versus a State-owned Bank

There is a much cheaper way to fund this $9 billion school debt... [read more]

An Anti-Austerity 2015 UK Budget

George Tait Edwards explains how Shimomuran-Wernerian macroeconomics is the best available path to prosperity once the politicians of the West understand the effectiveness of that option... [read more]

Governments submit to “Too Big to Fail” banks (part 2)

Governments make gifts galore to private banks... [read more]

Economic Policies for an Incoming Labour Government (Part 7 of 9)

The Re-Establishment of British Banks Along Four Main Functional Lines... [read more]

The Economic Crisis and Poor Countries

Mick Brooks compares the 'boom and bust' economics of the past twenty years with similar patterns in the 1920s and 1930s: once again it is the poorer nations that stand to lose the most.... [read more]

Dear Mr. President, Be Careful What You Wish for: Higher Interest Rates Will Kill the Recovery

Higher interest rates will triple the interest on the federal debt to $830 billion annually by 2026, will hurt workers and young voters, and could bankrupt over 20% of US corporations, according to the IMF.... [read more]

Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails

Before 2011, Libya had achieved economic independence, with its own water, its own food, its own oil, its own money, and its own state-owned ban... [read more]

The big private banks run on LTRO

Part 6 of the series 'Too Big to Fail' by Eric Toussaint... [read more]

How Obama Could Beat the Debt Ceiling and Go Out a Hero

The debt ceiling is an unconstitutional gimmick that violates the 14th amendment... [read more]

Greece: Alternatives to the Capitulation

On 5 July 2015 the Greek people overwhelmingly rejected the austerity measures imposed by the institutions that were known as the Troika... [read more]

Common Factors in Cases of Economic Resurgence

Successive British Governments have persistently denied the importance of industry in the national economy, with some of ministers foolishly regarding industrial decline as inevitable writes George T Edwards... [read more]

What can we do with what Thomas Piketty teaches us about capital in the twenty-first century? (Part 2 of 2)

Part 2 of Eric Toussaint's review of Thomas Piketty book Capital in the Twenty-First Century... [read more]

The Different Sources of Unemployment, and the Economic Remedy for Each of These

Unemployment is a complex phenomenon. The ultimate roots of all large-scale unemployment is the lack of an adequate economic understanding by a country’s professional economic advisors and its politicians... [read more]

Euro zone crisis: A Green alternative

We are watching economic injustice crush a nation before our eyes. On 20 March, Greece must meet the next tranche of debt repayments,says Alfie Stirling.... [read more]

The Banker who knows his Kapital

John Green translates and reflects on an interview with Edgar Most formerly of Deustche Bank and of the GDR State Bank, where he considers capitalism vs. socialism.... [read more]

Top Economic Strategist Warns of ‘Catastrophe and Revolution’

Rob Sewell on how the financial press is interpreting the economic crisis.... [read more]

Corporate Media Bashes Venezuelan Government's Law Decrees

Chavez critics don't explain Venezuelan law or how Supreme Court rulings interpret it. Nor do they report how the Enabling Law works, that the nation's Constitution authorizes it, that four other presidents used it, among many other things. How can they? It would expose their false accusations and discredit their entire argument.... [read more]

Ecuador Seizes Banking Firms

Samuele Mazzolini on the bold steps taken by Ecuador's President Correa as he bids to bring financial stability and security to the country.... [read more]

Danegeld

It was just over a thousand years ago that the King of England shook his piggy bank and found it full of twigs and trinkets. He needed dosh and he needed it fast.... [read more]

“We’ll Look at Everything:” More Thoughts on Trump’s $1 Trillion Infrastructure Plan

The Trump agenda, it seems, is not set in stone. The president-elect has a range of advisors with as many ideas... [read more]

The War on Weed Part II: Monsanto, Bayer, and the Push for Corporate Cannabis

California’s “Adult Use of Marijuana Act” (AUMA) is a voter initiative characterized as legalizing marijuana use... [read more]

Cannabis -Marijuana: The “War on Weed” Is Winding Down – But Will Monsanto/Bayer Be the Winner?

The war on cannabis that began in the 1930s seems to be coming to an end... [read more]

Health and Humanity: Conclusion

A healthy human, with a foundation of biopsychosocial health, could hope to find their purpose in life... [read more]

Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California?

Despite North Dakota's collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota's population, could do following that state's lead... [read more]

The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends... [read more]

The European Central Bank’s true priorities

Part 7 in a series of articles by Eric Toussaint - Governments submit to “Too Big to Fail” banks ... [read more]

Time for the Nuclear Option: Raining Money on Main Street

Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy... [read more]

Grexit or Jubilee? How Greek Debt Can Be Annulled

The crushing Greek debt could be canceled the way it was made – by sleight of hand... [read more]

Swimming With Sharks: Goldman Sachs, Schools and Capital Appreciation Bonds

Remember when Goldman Sachs – dubbed by Matt Taibbi the Vampire Squid – sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up?... [read more]

Drug and Bank Lords

Part three of the series by Eric Toussaint: The banks and the “too big to jail” doctrine... [read more]

The Shimomuran Economics Solution to the Western Economic Crisis

George Tait Edwards explains how investment credit creation could resurrect Western economies... [read more]

An Economic Policy For A Post Neo-Liberal World (Part 2 of 3)

Former Labour MP and member of the Shadow Cabinet, Bryan Gould, provides a road map for reviving Britain's ailing economy... [read more]

The Alternative 2013 Spending Review, Or What Mr Osborne Could Have Said If He Understood Macro-economics

The Spending Review by George Osborne contained no surprises. But suppose Mr Osborne really understood economics and actually wanted to improve the British economy. George Tait Edwards provides a constructive speech for a competent chancellor... [read more]

The Origin and Spread of Investment Credit Economics

George Tait Edwards provides a brief timeline about the creation and spread of the new knowledge about how to make an economy grow with explosive force ... [read more]

The End of Money

It’s Time to End Our Slavery to the Money-System declares Oliver Thompson ... [read more]

Money for the People: Grillo's Populist Plan for Italy

Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 million votes in the Italian general election of February 24-25th... [read more]

The circulating money supply: Why QE3 won’t jumpstart the Economy—and What Would

The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers — but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives, argues Ellen Brown.... [read more]

The Struggle Continues

Despite David Cameron's attempt to brush the November 30th strike under the carpet and continue with his attacks on the poorest, John Wight predicts that strong resistance to the cuts will continue.... [read more]

Reformed Venezuelan Bank Law Separates Banks and Media

Tamara Pearson reports on an important Venezuelan initiative to prevent the corporate media from getting directly involved in the banking and finance industries.... [read more]

International Banking – A System Ruled by Stupidity and Fraud

Reflecting on the fraud allegations against Goldman Sachs, Mick Brooks argues that only full nationalisation can provide proper accountability for the banking system.... [read more]

Fighting Corruption or Persecuting Political Opponents in Venezuela? A Response to the New York Times

James Suggett picks apart the New York Times' claims about alleged political persecution in Chavez's Venezuela.... [read more]

Crisis: The Worst Since the 1930s

Michael Roberts argues the present economic slump is merely the first stage of a long-term deflationary depression.... [read more]

Sovereign Debt Jubilee, Japanese-Style

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too.... [read more]

“Ryancare” Dead on Arrival: Can We Please Now Try Single Payer?

The new American Health Care Act has been unveiled, and critics are calling it more flawed even than the Obamacare it was meant to replace... [read more]

Trump’s $1 Trillion Infrastructure Plan: Lincoln Had a Bolder Solution

Central banks have been pumping money into the global economy without a whole lot to show for it... [read more]

“Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln

The right of government to issue its own money was one of the principles for which the American Revolution was fought... [read more]

Self, Celebrity, Debt And Sport

"Whenever you find yourself on the side of the majority it is time to pause and reflect" Mark Twain... [read more]

BCE / LTRO: what’s that ?

Part 5 of the series 'Too Big to Fail' by Eric Toussaint... [read more]

Hang On to Your Wallet: Negative Interest, the War on Cash and the $10 Trillion Bail-In

In uncertain times, “cash is king,” but central bankers are systematically moving to eliminate that option. Is it really about stimulating the economy? Or is there some deeper, darker threat afoot?... [read more]

A major factor in Jeremy Corbyn’s appeal to voters

It is Labour’s long-standing support for, and failure to challenge, the central tenets of neo-classical orthodoxy that has disabled any challenge they have tried to make to any other aspect of the Tory progamme... [read more]

Quantitative Easing for People: The UK Labour Frontrunner's Controversial Proposal

British MP Jeremy Corbyn has proposed a “People’s QE” that has critics crying hyperinflation and supporters saying it’s about time... [read more]

Trumping the Federal Debt Without Playing the Default Card

The government can reduce the debt by buying it – and ripping it up... [read more]

Part 3 of the series Governments submit to “Too Big to Fail” banks

Private banks shamefully enjoy a monopoly of lending to the public sector... [read more]

“Sentence First, Verdict Afterwards”: The Alice in Wonderland World of Fast-tracked Secret Trade Agreements

Fast-track authority is being sought in the Senate this week for the Trans-Pacific Partnership (TPP)... [read more]

Derailing Amtrak

Tracking the Latest Disaster in the Infrastructure Crisis... [read more]

The Trans-Pacific Partnership and the Death of the Republic

On April 22, 2015, the Senate Finance Committee approved a bill to fast-track the Trans-Pacific Partnership (TPP)... [read more]

California Water Wars: Another Form of Asset Stripping?

In California’s epic drought, wars over water rights continue, while innovative alternatives for increasing the available water supply go untapped... [read more]

Economic Policies for an Incoming Labour Government (Part 6 of 9)

The No-Cost Keynesian Stimulation of Demand in the Economy ... [read more]

Growth: the destructive god that can never be appeased

The blind pursuit of economic exapansion stokes a cycle of financial crisis, and is wrecking our world. Time for an alternative, writes George Monbiot.... [read more]

HSBC: the bank with a shameful past and scandalous present

The fourth article in the series The banks and the “too big to jail” doctrine by Eric Toussaint... [read more]

Transylvanian Count to Chair Bloodbank

The government wants a chairman who can flog nature and have chosen a Tory party donor with a background in investment banking and housing developments, writes George Monbiot.... [read more]

Bankocracy: from the Venetian Republic to Mario Draghi and Goldman Sachs

From the 12th century to the beginning of the 14th, the Knights Templar, present in much of Europe, had become the bankers for the powerful and had taken part in the financing of several crusades... [read more]

Banks versus the People: the Underside of a Rigged Game! (Part 3) - The greatest offensive against European social rights since the Second World War

We should not underestimate the capacity of the elites to make the most of a crisis situation writes Eric Toussaint... [read more]

Shooting down Helicopters

Money is the lubricant that permits the economic system to work. Goods and wealth that are produced, distributed, circulated, used and owned do so because of money... [read more]

Currently Mistaken Ideas in Western Economics and Their Suggested Corrections (preferably soon) Part 2

Economist George Tait Edwards straightens out some of the economic myths taught at Western universities (Part 2 of 2)... [read more]

NHS In Crisis: The Story of Torrington Community Hospital

Elijah Pryor discusses the significance of Torrington Community Hospital for the North Devon community and the campaign to challenge cutbacks to the hospital's services... [read more]

Marx Reloaded

Thomas Riggins reviews Marx Reloaded, a film by Jason Barker... [read more]

Margaret Thatcher and the bias of the British Media

Dr Amjad Mirza reflects on the response of the mainstream media to Margaret Thatcher's death... [read more]

If markets weren't masters and economics worked for people

The choice on the one hand is for people to be a resource for a rich economy. The choice on the other is for a rich economy to be a resource for society. Alfie Stirling explains... [read more]

Cooperative Bank: A Basic Failure

Casper Denck reports on The Cooperative Bank's decision to no longer offer accounts to persons who are undischarged bankrupt... [read more]

Change is the Only Constant: Got Any Spare?

outRageous! is back asking the questions no one else dares... [read more]

Trashy beauty queens and the men who rule the world

In 1864, Abraham Lincoln wrote a letter that predicted where the US was heading - the world he warned about is the world we now have as bankers control the money supply having the power to make or break nations. Colin Todhunter explains ... [read more]

Telling the Players with a Scorecard

How politics is manifested as economics and economics as politics should concern us right now, argues Steven Colatrella.... [read more]

The War on Libya: Behind Appearances - Part 3

An in-depth critique and analysis of the beginnings of the civil war in Libya and what was at stake for all parties involved in the final conflict, split into three parts. (Part 3)... [read more]

Mervyn King Comes to Town

Rob Sewell considers the significance of Mervyn King's address to the TUC in Manchester.... [read more]

End of Recession is Imminent Says Venezuela’s Planning Minister

Venezuela's Planning and Finance Minister has announced a positive forecast for the country's economy, as James Suggett reports.... [read more]

Thatcherism Phase Two

The UK's 'progressive coalition' is implementing a neo-Thatcherite revolution, a war against the poor, writes Richie Nimmo.... [read more]

Election 2010: Don’t Mention the Class War

'New' Labour is too close to big business to deliver the radical change the country needs, but it is by far the lesser of the two evils on offer, writes Richie Nimmo.... [read more]

The 'Copenhagen Accord' - All Hot Air

National self-interest and capitalist pragmatism condemned the Copenhagen talks to failure, says Adam Booth.... [read more]

Bank Bailouts - Throwing Good Money After Bad

As the UK government plans further massive bank bailouts, Mick Brooks calls for the complete nationalisation of the banking industry.... [read more]

Welcome to Austerity Britain

Whoever wins the next election, 'austerity' - i.e. cutting back services for those who need them most - will be the watchword of British politics for the next few years, as Rob Sewell explains.... [read more]

The Great Depression

Michael Roberts argues that the big "bailouts" of financial institutions have exposed the fallacy behind the "free market" ideologies which have dominated British and American political and economic systems for the past thirty years.... [read more]

Gordon Brown and "Light Touch" Regulation

Mick Brooks on how Gordon’s policies left the UK unprepared for the present financial crisis.... [read more]

£50bn Bail-out Will Not Stop the Rot

Socialist Appeal's Mick Brooks on the UK government's financial bail-out package.... [read more]

Congress Confronts Its Contradictions

George Monbiot on why it's ordinary taxpayers who will pay the price for the incompetence of big finance.... [read more]

The Working Class Must Not be Left to Pay for Wall Street Mess

Socialist Appeal's Walter Leon on the far-reaching implications of the financial crisis. ... [read more]

Observations and Impressions from Russia

For over two weeks this May, a delegation of 30 Americans visited seven regions and ten cities across Russia... [read more]

If China Can Fund infrastructure with Its Own Credit, So Can We

While American politicians debate endlessly over how to finance the needed fixes and which ones to implement, the Chinese have managed to fund massive infrastructure projects all across their country, including 12,000 miles of high-speed rail built just in the last decade... [read more]

America Polarized in Turmoil

United, we must take back our country from the ultra-supremacists in the White House... [read more]

Why Donald Trump Is Right To Look East

The investment potential of the Russian economy offers good reasons why it is time for the West to take a more positive attitude towards the country. The President-elect might be doing everyone a favour in the long run, David Morgan argues.... [read more]

“Confronting China”: John Pilger Talks about His New Film, America’s ‘Pivot to Asia’, and the Role of Japan and Australia

T.J. Coles, author of Britain’s Secret Wars talks to multi-awarded-winning journalist, author and filmmaker, John Pilger, about his new documentary, The Coming War on China... [read more]

Brexit: The UK’s referendum on EU membership delivers a self-inflicted wound

This constantly troublesome and disloyal bunch of Labour MPs don’t care about the country or their Party. They cannot see that it is they, not Corbyn, who are making the Party unelectable... [read more]

In the Panama Capers we Trust

The leaked Panama Papers, from the Panamanian law firm Mossack Fonseca & Co, are spilling the beans on the details of what the rich, powerful and greedy get up to with unseemly amounts of dosh... [read more]

Lucky Bastards of The 20th Century: The Story of The Economic Bomb

During 1980 a small group was formed to act under the aegis of Michael Grylls, MP, who was then the Chairman of the back bench Industry Committee in the House of Commons... [read more]

Building the Fight against Austerity

It has been a depressing few weeks for the supporters of the Labour Party’s new leader Jeremy Corbyn... [read more]

A Corbyn leadership

Bryan Gould, former Labour shadow cabinet minister, asks how left-wing is Jeremy Corbyn... [read more]

Staying in Touch with the Real World

Former MP and member of the Labour shadow cabinet, Bryan Gould, explains how economic teaching lags behind reality... [read more]

Just when hope and courage are called for, Labour promises bean-counting

Labour’s focus on cutting the deficit means progressive voters will have to look elsewhere for inspiration, writes George Monbiot.... [read more]

Let’s not fool ourselves. We may not bribe, but corruption is rife in Britain

Allegations of a cover-up at Scotland Yard show that the British are as prone to malfeasance as any other nation, writes George Monbiot.... [read more]

Economic Policies for an Incoming Labour Government (Part 5 of 9)

The Two Great Traditions in Western Economic Thinking ... [read more]

Extremism is prevailing in Eurozone Negotiations

The negotiations between the newly elected Greek Government and the other Eurozone states have been a battle between pragmatism and extremism... [read more]

Obama’s 2015 State of the Union Address: “That’s Not Who we Are”

Borrowing from Hollywood-themed awards ceremonies, political theatre was taken to new lows with Obama’s sixth State of the Union speech to the US Congress on January 20th... [read more]

Complicity of Dexia in very serious Human Rights violations in the Israeli occupied territories

Part 8 of the series 'The banks and the “Too Big to Jail” doctrine'... [read more]

Mutant Forms: The Problem of Cross-breeding in Pakistani Politics

The people of Pakistan are faced with three mountainous problems. They face the tyranny of feudalism, comprador capitalism and imperialist domination... [read more]

Bank abuses in the real estate sector and illegal foreclosures in the United States

Part 2 in the series by Eric Toussaint - The banks and the “too big to jail” doctrine'... [read more]

The Failure of Western Neoclassical economics - Invention without innovation results in increasing poverty

Many individuals in the Western nations are still great at invention, but innovation — defined as the transfer of these inventions to the factory floor — has generally failed in the West... [read more]

Rethinking Economics The Washington Consensus vs the Tokyo Consensus Background

On Tuesday 6 May 2014, I published a blog about ”Shimomuran Economics and the Rise of Japan”... [read more]

The real enemies of press freedom are in the newsroom

The principal threat to expression comes not from state regulation but from censorship by editors and proprietors, writes George Monbiot.... [read more]

Fast-tracking Neo-liberalism in India

Apparently, the results of the national general election in India mark a turning point. We are told that the nation has spoken and has given the new Prime Minister Narendra Modi and his BJP party a ‘landslide victory’... [read more]

Nigel Farage's UKIP and the Mainstream Media are Preventing an Honest Debate on the European Elections

Ruben De Sai on how Nigel Farage's UKIP and the mainstream media are preventing an honest debate on the European elections, and the economic issues that no one is talking about.... [read more]

Why Not Create A Scottish Pound and Adopt Investment Credit Economics to Scotland’s Benefit?

On 21 February I sent an email to the Government of Scotland, suggesting it would be an immense advantage to the “Yes” campaign for Scottish independence if the Scots adopted a policy of having their own currency when independent... [read more]

Bank Created Credit

Former MP and member of the Labour shadow cabinet, Bryan Gould, explains how orthodox monetary policy is fundamentally misconceived... [read more]

An Extended Review of "Princes of the Yen" by Professor Richard Werner

George Tait Edwards reviews “Princes of the Yen”, the latest book written by Professor Richard Werner... [read more]

An economy ruled by the mob

It is not easy for any of us to get our heads around the complexities of modern economics. Many capitalists themselves and certainly most politicians no longer understand how the system really works... [read more]

Banks versus the People: the Underside of a Rigged Game (Part 6) - Even the IMF agrees…

In October 2012, the IMF provided a key explanation of why the crisis was getting worse in Europe... [read more]

Shimomuran Economics is the Most Significant Advance Ever Made in Economic Understanding and the West Still Doesn't Get It

Shimomuran economics is the name I have given to the collection of no-debt, high-growth economic understandings practised in post-war Japan and post-rapprochement China... [read more]

The Many Major Uses of Investment Credit Creation: A brief walk through the observed results so far, and the future possibilities made available through Shimomuran Economics

Money is the measure of all things and personal wealth sets the boundaries of what the individual and his or her family can afford... [read more]

The Failure of the Debt System

Eric Toussaint and Daniel Munevar put forward the case for abolishing third world debt... [read more]

Flourishing in a Not-For-Profit World by 2050

Imagine waking up in a world where you feel good about going to work, no matter the nature of your job... [read more]

The Public Debt of Japan and China – Funded by Investment Credit Creation or by Foreign Borrowing?

Economist George Tait Edwards puts paid to rumours of impending financial crises in Japan and China... [read more]

The Key Relevance of the Writings of Professor Kenneth Kenkichi Kurihara

George Tait Edwards explains how the writings of economist Kenneth Kurihara serve as the gateway to understanding Shimomuran high-growth economics ... [read more]

The Crime of Alleviating Poverty: A Local Community Currency Battles the Central Bank of Kenya

Ellen Brown reports on how former Peace Corps volunteer Will Ruddick and several residents of Bangladesh, Kenya, face a potential seven years in prison after developing a cost-effective way to alleviate poverty in Africa’s poorest slums... [read more]

An Economic Policy For A Post Neo-Liberal World (Part 3 of 3)

Former Labour MP and member of the Shadow Cabinet, Bryan Gould, provides a road map for reviving Britain's ailing economy... [read more]

The Four Keynesian Cornerstones of Shimomuran Economics (or Investment Credit Economics)

In the General Theory Keynes made four key comments that presage the practice of Shimomuran investment credit economics writes George Tait Edwards... [read more]

FDR’s American Economic Miracle 1938-44, or the First Economic Bomb - The USA from 1938 to 1944 (Part 1)

George Tait Edwards reveals the secret of America's economic boom during the the FDR years ... [read more]

The Self-Hating State

Devolving policy to “the market” doesn’t solve the problem of power. It makes it worse, writes George Monbiot.... [read more]

Literacy Skills: A Basic Human Right

Shirley Langer, author of 'Anita's revolution', lived and worked in Cuba for almost five years in the mid 1960s. She describes how, after the revolution, Cubans managed to eradicate illiteracy in a matter of months.... [read more]

The ‘MENA’ region and the International Monetary Fund

Daniel Robicheau describes the lead up to the war in Syria and the involvement of the IMF... [read more]

Peter Tatchell - Margaret Thatcher: Extraordinary but heartless

Former British Prime Minister's fee market policies paved the way for current economic crisis and she legislated the UK’s first new anti-gay law in over 100 years: Section 28, writes Peter Tatchell, Director, Peter Tatchell Foundation.... [read more]

Book review: The Contradictions of Real Socialism

David Lane reviews The Contradictions of Real Socialism, a book by Michael A Lebowitz... [read more]

Time for our unions to come to Spain’s aid

David Eade calls for a renewal of international solidarity to help Spain’s embattled workers... [read more]

Beer, Vomit And Lipstick: Revolting Acts In An Age Of Crisis

'Freedom' within the confines of what increasingly resembles an open prison isn't much to celebrate. The actual reality in Britain is economic meltdown and social crisis, writes Colin Todhunter ... [read more]

20/20 Vision?

outRageous! is back and asking the questions nobody else dares... [read more]

Spain's abusive banks

The big economic news has been the massive 100bn euros bailout of Spain’s banks. However the back story has been the numerous protests by Spaniards against measures to support banks which are largely in trouble through their own greed, corruption and mismanagement, writes David Eade.... [read more]

Ed Miliband's party funding proposals

Karl Davis makes the case for the Labour Party to embrace its Trade Union roots as part of its challenge to show there is an alternative to the unpopular austerity programme implemented by the Tory dominated Coalition... [read more]

The Great ESA Robbery

The removal of contributory Employment and Support Allowance assessment has not been a major talking point during the Welfare Reform Act's progress onto the statute book but I believe it is actually the most pernicious of all the benefit cuts which are just about to take place, writes Felix McHugh.... [read more]

How Independen​t Would An Independen​t Scotland Be?

Britain’s history of war and imperialism, and its current role as junior partner in service to US hegemony, has had a deleterious impact on British society at home, writes John Wight.... [read more]

Militarism mixed with empty liberal rhetoric

Richard Becker dissects Obama's 2012 State of the Union address and shows that the 'CEO of the imperialist ruling class is carrying on with business as usual... [read more]

Economic democracy – The next big social reform?

Peter Tatchell says democratising economic decision-making is the key to a fairer society and a more stable economy... [read more]

A Ghost Story Retailed (part three)

W Stephen Gilbert delivers an up-to-date, state and fate of the retail trade in Britain, it is partly personal and anecdotal, and partly a critical overview: part three.... [read more]

Why Miliband and Balls have got it wrong

The capitulation by Labour to the austerity and cuts agenda of the Tories and the right-wing press has been confirmed by shadow chancellor Ed Balls' statement that Labour would not be able to reverse the Tory cuts and would maintain the pay freeze within the public sector if they come to power at the next election, says John Wight.... [read more]

New beginnings

John Green asks whether we need a mass party to represent the unions and the left and to advance the interests of the entire working class (Part 2)... [read more]

A Ghost Story Retailed

W Stephen Gilbert delivers an up-to-date, state and fate of the retail trade in Britain, it is partly warmingly, personal and anecdotal, and partly a critical overview: part one... [read more]

Embracing the Working Time Directive

Karl Davis has some advice for David Cameron... [read more]

Slavery for Dummies- Part three

The third and final part of an analysis by OutRageous! looking at the slavery endemic in our modern society. ... [read more]

Wealth Destroyers

The Corporation of the City of London has harmed you more than you know, says George Monbiot. ... [read more]

Show Me The Money

We have a democratic right to know who is funding public advocacy, says George Monbiot.... [read more]

The ruling class policy toward its soldiers - Use Once and Throw Away

Dr Tomasz Pierscionek describes the treatment of war veterans, from the Vietnam era to those returning from present day conflicts, and highlights the continual deceit war-mongering governments use to deceive the public. The real enemies are not foreign but domestic.... [read more]

Venezuela: Workers and State Rally for Nationalizations,

James Suggett on a new series of anti-corruption measures in Venezuela.... [read more]

An Eruption of Reality

George Monbiot asks: has our society become too complex to sustain?... [read more]

Michael Foot and his Legacy for Labour

Michael Foot stood head and shoulders above the men who succeeded him as Labour leader, argues Barbara Humphries.... [read more]

Bleak Havens

It's time to close the net on tax havens, says George Monbiot.... [read more]

The Greek Crisis and the Threat to the Euro

Can the EU afford to let Greece withdraw from the Eurozone? Socialist Appeal's Mick Brooks considers the significance of the Grek Crisis.... [read more]

End the Embargo on Cuba

Rob Miller calls on the US and UK governments to end the anachronistic, brutal and illegal blockade of Cuba.... [read more]

The Socialist Case Against The Cuts

Britain's three biggest parties are committed to massive spending cuts. Socialist Appeal's Mick Brooks challenges the mainstream consensus.... [read more]

Tories and Cuts: The Dangers Ahead

Whatever David Cameron may be saying publicly, massive public sector cuts will be a certainty if the Tories win the next election, as Steve Jones explains.... [read more]

Should We Seek to Save Industrial Civilisation? A Debate with Paul Kingsnorth

Guardian journalist George Monbiot discusses climate change with the Oxford-based environmentalist Paul Kingsnorth.... [read more]

Beware the Assault on Journalism

John Pilger retraces the 'cultural Chernobyl'of Rupert Murdoch's impact on British life.... [read more]

Why We Must Nationalise Northern Rock

Examining the ongoing crisis of the Northern Rock bank, Chris Vasey argues nationalisation is the only way to safeguard public money and jobs.... [read more]

Beyond Politics: People for Sale in a Hungry World

Ramzy Baroud reviews the findings of a US State Department report on human trafficking.... [read more]

No Freedom Here

John Pilger on how Britain is sleepwalking into an Orwellian nightmare of surveillance, secrecy and militarism.... [read more]

Interview: Greg Maughan, Campaign for a New Workers' Party

Cristina Brooks spoke to Greg Maughan of the Campaign for a New Workers' Party about his views on recent developments in the economic sphere.... [read more]

The Recession is the Government's Opportunity to Act on its Green Promises

Luke Aldred argues the current economic crisis represents a perfect opportunity for the British government to implement far-reaching changes to make Britain greener and more sustainable.... [read more]

From Aid Agency to Cash Machine?

Mick Brooks on how overseas aid programmes are merely exacerbating social inequality in developing countries.... [read more]

Is There Really Much Difference Between McCain and Obama on Free Trade?

With the US elections just around the corner, Garry Leech examines the candidates' respective positions on international economic issues, and concludes that there is relatively little to choose between them.... [read more]

Students - Join the Fight for Socialism

As the academic term begins in earnest, Socialist Appeal's Dan Morley outlines why students should join the struggle for socialism.... [read more]

US Democrats Yet to Convince Working Class America

Richard Scorer on how the current economic crisis presents a challenge to the Democrats' cosy relationship with big business and finance.... [read more]

Bail-out Blackmail

Mick Brooks on the truth behind the US government's bail-out of the financial sector.... [read more]

Protect and Survive

George Monbiot on how Peter Mandelson is bullying the world’s poorest nations into following a development route that can’t work. ... [read more]

Colombia’s Double Realities: Threats Against Indigenous Communities Ignored as Calls for a Second Re-election of President Uribe Get Louder

As Colombia's President Uribe continues to target the country's indigenous communities, Mario A. Murillo examines why many Colombians are opposed to Uribe's reactionary government.... [read more]

Venezuela’s Chavez Pushes for New World Financial System in Argentina

James Suggett on Venezuela's increasing influence in economic policy across the South American continent. ... [read more]

Hedge Funds, Speculation and Capitalism

With market speculation very much in the news at the moment, Mick Brooks examines the phenomenon of the hedge fund, and its role in the current economic malaise.... [read more]

Lost in the System

What has happened to Bush’s secret prisoners?... [read more]

Cultural Values and the “Amstetten case”: what the International and Austrian Media are Saying About Josef Fritzl

Alexa Van Sickle dissects the response of national and international media to the Josef Fritzl scandal.... [read more]

New Versus Old Right In Paraguay's Presidential Election

Ben Dangl looks at the candidates on offer in Paraguay's Presidential election.... [read more]