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China’s All-Inclusive Economic Miracle: The Third Economic Bomb

George Tait Edwards explains China's recent economic success by examining its past history... [read more]

How to Pay for It All: An Option the Candidates Missed

The Democratic Party has clearly swung to the progressive left, with candidates in the first round of presidential debates coming up with one program after another to help the poor, the disadvantaged and the struggling middle class... [read more]

The American Dream Is Alive and Well—in China

Home ownership has been called “the quintessential American dream.” Yet today less than 65% of American homes are owner occupied, and more than 50% of the equity in those homes is owned by the banks.... [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]

A Sporting Chance: Why the Olympics is a Perfect Arena for Protest

Alexa Van Sickle on the significane of the Olympic protests.... [read more]

Tiananmen: the massacre that wasn't

What really happened 25 years ago in Tiananmen Square?... [read more]

The Historical Backdrop to the Third Economic Bomb: A Brief Guide to Early Chinese History - The Land and the People and the “First Emperor”

George Tait Edwards MBE, explains China's recent economic success by examining its ancient history through the first of a series of articles... [read more]

Cold War in Warm Waters: US-China’s Dangerous Contest for Asia-Pacific

A conflict is brewing, and China, emboldened by astonishing economic growth as well as military advancement, seems to be gearing up to challenge the US’s uncontested military dominance in the region, writes Ramzy Baroud.... [read more]

Banks Are Becoming Obsolete in China—Could the U.S. Be Next?

The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?... [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]

Neoliberalism Has Met Its Match in China

When the Federal Reserve cut interest rates last week, commentators were asking why. According to official data, the economy was rebounding... [read more]

A Pint of Blood for a Glass of Milk: the Other Side of China’s Economic Ascendancy

The rise of China is almost universally hailed as a great success story. Ted Sprague considers the largely unreported human cost of China's forward march.... [read more]

The Key to a Sustainable Economy Is 5,000 Years Old

We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid... [read more]

Universal Basic Income Is Easier Than It Looks

Calls for a Universal Basic Income (UBI) have been increasing, most recently as part of the “Green New Deal” introduced by Rep. Alexandria Ocasio-Cortez, D-N.Y., and supported in the last month by at least 40 members of Congress... [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]

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]

The Inverted World of Niall Ferguson: On the Real Obama Doctrine

Niall Ferguson has a very conservative world outlook which, when applied to the analysis of current social reality, has a tendency to so warp his perceptions that the situation he writes about becomes an imaginary inverted world... [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 Great Unmentionable

We have offshored the problem of escalating consumption, and our perceptions of it, by considering only territorial emissions, writes George Monbiot.... [read more]

The Empire Trapped: The US’ Unpromising Role in the New Middle East

Since the Second World War, US foreign policy has been largely predicated on military adventures, by severely punishing enemies and controlling ‘friends’. Diplomacy was often the icing on the cake of war, writes Ramzy Baroud.... [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]

The Son of Africa claims a continent’s crown jewels

John Pilger denounces American imperialist strategy in Africa ... [read more]

Russian and Chinese Opposition to Intervention in Syria a Welcome Development

John Wight considers the decision by China and Russia to veto a recent UN Security Council Resolution condemning Syria... [read more]

Venezuela and China Expand Joint Oil and Investment Accords

James Suggett on the strengthening of trade ties between China and Venezuela. ... [read more]

Facebook May Pose a Greater Danger Than Wall Street

Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China.... [read more]

The Financial Secret Behind Germany’s Green Energy Revolution

Funding through the Federal Reserve may be controversial, but establishing a national public infrastructure and development bank should be a no-brainer.... [read more]

Blackstone, BlackRock or a Public Bank? Putting California’s Funds to Work

California has over $700 billion parked in private banks earning minimal interest, private equity funds that contributed to the affordable housing crisis, or shadow banks of the sort that caused the banking collapse of 2008.... [read more]

Neither Juggler nor integral

Kashmir: The bleeding wound of British imperialist legacy... [read more]

The War on the Post Office

The US Postal Service, under attack from a manufactured crisis designed to force its privatization, needs a new source of funding to survive. Postal banking could fill that need.... [read more]

How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders

During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt.... [read more]

North Korea an Aggressor? A Reality Check

The mention of one tiny country appears to strike at the rationality and sanity of those who should know far better... [read more]

The Myth of Trump’s Nationalism and Non-Intervention

For all their obvious flaws, one of the good things about early Trump supporters in the US was their opposition to war.... [read more]

Trading Places

More than ever in human history, we're caught in a tug of war that threatens to destabilise entire populations and even to redefine geo-political and cultural boundaries.... [read more]

Iran as the Historical Tri-Continental Bridge, and Ireland? An Ethno-Cultural and Etymological Interconnectedness

Over forty years ago, a number of Irish professors visiting the University of Tehran disseminated their research findings that there is a firm anthropological connection between Iran and Ireland from the distant past... [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]

John Pilger: Why Hillary Clinton Is More Dangerous Than Donald Trump

The following is an edited version of an address given by John Pilger at the University of Sydney, entitled ‘A World War Has Begun’.... [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]

Ukraine, the price of survival: from civilian aircraft to attack drones

The Ukrainian aviation conglomerate Antonov was more than an industry; it was a legend... [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]

Reflections on China’s South Sea Trouble Thomas Riggins

Lying in the South China Sea between Indochina and the Philippines is a collection of 700 or so small islands collectively known as the Spratly Islands... [read more]

U.S. cops kill at 100 times rate of other capitalist countries

How many people are killed every year by the police in the U.S?... [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]

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]

North Waziristan suffers a fierce bombardment, civilians traumatized by air strikes

Carol Grayson reports on the latest airstrikes against North Waziristan... [read more]

A Brief Guide To Early Chinese History: The Mongol Conquest Of China And Its Consequences

George Tait Edwards introduces the next in a series of articles about early Chinese civilisation to help put into context the country's recent economic rise... [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]

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 teratoid of US foreign policy

Since the United States Declaration of Independence in 1776, the US has struggled with its foreign policy and its perceived role within global politics. Finn Bowen discusses the past, present and future of US foreign policy... [read more]

Nuclear power, the energy of protest: The future could be renewable

With proper commitment and investment in renewable energy and a push towards an alternative model of development, the future need not resemble the past or indeed the increasingly catastrophic present, writes Colin Todhunter. ... [read more]

Independence In The Pocket Of The US: "Mera Pyara Bharat" ("I Love My India?")

With a population of 1.2bn people, many believe that India is the arena where the future direction of humanity is being played out. However, the future of humanity may not be determined in India, but by events in a much smaller country – Syria, writes Colin Todhunter. ... [read more]

The New Colony - Balochistan

Assed Baig comments on US initiatives to gain access to a previously ignored mineral rich area of the globe... [read more]

Millennium Goals Revisited: Noble Ideas, and Feel-Good Moments

The UN's much-vaunted Millenium Development goals have turned out to be little more than wishful thinking, writes Ramzy Baroud. ... [read more]

Dispatch from China: Number 15 Has Left the Building

The fight against climate change presents a peculiar set of challenges for media oulets balancing corporate business models with the urgent need for critical debate, as Ramzy Baroud explains.... [read more]

The Greeks are Fighting for Us All

The Greek crisis is merely the first stage of a wider global backlash against neoliberal economics, argues Steven Colatrella.... [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]

Interview: Manuel Yepe talks to London Progressive Journal

On the Fiftieth anniversary of the Cuban Revolution, Alexa Van Sickle talks to Manuel Yepe, the former Cuban Ambassador to Romania and close friend of Che Guevara, about what the future may hold for the Caribbean island. ... [read more]

China and Myanmar: Contrasting Government Responses to Natural Disasters

With thousands killed in natural disasters in both Myanmar and China, Ian Broughton compares the murderous neglect of Myanmar's government with the more progressive stance adopted by China.... [read more]

China is Bigger Than the Olympics: Why the Protestors Have Got it Wrong

Richard Maidu believes the bottle-throwing antics of anti-China protestors are undignified and counter-productive.... [read more]