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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 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]

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]

Trumping the Federal Debt Without Playing the Default Card

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

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]

Ecuador Pushing to Break Free from the Cycle of Debt

Samuele Mazzolini examines a bold new intiative from the Ecuadorean government, aimed at establishing a coordinated transnational policy among debtor nations with respect to the crippling debt burdens that are stifling progress in the developing world.... [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]

Greek Capitalism at a Critical Point

Greek capitalism continues to be the weak link of the Eurozone as it is still under the “intensive care” of the EU support mechanisms for the fourth consecutive year and is in recession for the sixth consecutive year... [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]

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]

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]

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 ‘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]

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]

How stable is the economic recovery?

The growth we have seen in the past year may not be conducive to a long-term stable recovery... [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]

The Failure of the Debt System

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

Global Development: Aid the myth of Western support

Elijah Pryor shows the true effect of Development Aid on poor countries... [read more]

To pay or not to pay?

Joseph Stiglitz shows that a suspension of debt repayments can be beneficial for a country and its people... [read more]

Can Jill Carry Bernie’s Baton?

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

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]

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]

The End of Money

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

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 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]

The big private banks run on LTRO

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

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

Budget: Where’s Our Bail-out?

As New Labour announces its new budget, Socialist Appeal's Mick Brooks provides his assessment of the British economic malaise.... [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]

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]

Health and Humanity: Conclusion

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

Ukraine slides towards default

When the international bourgeoisie begins to openly worry about a default, we can be sure that the Ukrainian economy is in a lot of trouble... [read more]

Education, Education, Deprivation

If you were a university student at any time from 1962 to 1989, you received a maintenance grant; it started off at a little under £400 p.a. and reached £1,430 in 1980... [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]

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]

Chimes At Midnight: Football in Crisis

Ordinary fans are being ripped off by the unfettered greed of modern footbal, writes Steve Jones.... [read more]

Bye Bye, Dubai?

Mick Brooks looks at the unfolding crisis in Dubai, and its potential implications for the world economy. ... [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]

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]

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]

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]

BCE / LTRO: what’s that ?

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

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]

Ensuring Scottish sovereignty

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

Bankers' Coups D'etat in Southern Europe

Steven Colatrella unveils that the very tenets of democracy in Europe are under threat as finance capital launches the first of its coups d'etat in Greece and Italy.... [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 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]

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]

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]

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]

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]

Derailing Amtrak

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

Sovereignty of Self-Governed Cities and Abolition of National States and Capitalism

The second in the series of articles by Steven Colatrella titled 21st Century Cosmopolis: Constitution for a Better World... [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]

The Mockery of Banking Discipline

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

Spend Now, Pay Later?

Climate change is happening, all over the world, not just in certain locations... [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]

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]

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]

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]

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]

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]

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 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 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]

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]

Monsanto's 'Hand of God': Planned Obsolescence Of The Indian Farmer

Global agribusiness is playing fast and loose with poor people’s lives and is profiting handsomely.... [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]

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]

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]

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]

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]

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]

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 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]

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]

Sorry, folks..the wake is over

The change in the Greek political scene is an opportunity for Europe, not a threat, argues Ilia Xypolia.... [read more]

Angry, broke and Homeless

As the Spanish general election approaches, David Eade shows how a protest movement, led by the homeless, will be campaigning out on the streets.... [read more]

Local communities bear the brunt of the Con-Dem agenda

Deborah X provides a personal view of the effect of the coalition’s policies on single parents, their children and the communities in which they live... [read more]

Modern Football: Money, Hype and Hysteria

John Green looks at how the status of the 'beautiful game' has changed in recent years.... [read more]

Greece: Workers Take a Stand

Daniel Serge dispels a few myths about the recent unrest in Greece. ... [read more]

South American Nations Approve Multilateral Reconstruction Fund for Haiti

The Union of South American Nations has come together to raise funds for the reconstruction of Haiti's civilian infrastructure, as Kiraz Janicke reports.... [read more]

Outsourcing Unrest

George Monbiot argues that the crisis in British politics has its roots in the decline of Britain's status in the world economy.... [read more]

Venezuela and Argentina Increase Cooperation in Gas, Agriculture, and Finance

James Suggett on the latest Venezuelan-led initiative to further economic cooperation between Latin American states.... [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]

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]

“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]

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]

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]

Because I Shall Not Be Sleeping

A poem by Geoffrey Heptonstall... [read more]

Health and Humanity

I would humbly suggest to the readership that we should, instead, start 2016 off with some ‘navel gazing... [read more]

The Citadel Is Breached: Congress Taps the Fed for Infrastructure Funding

In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed's "independence" by tapping its reserves and bank dividends for infrastructure funding... [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]

Questions of Power and Slavery

All governments encroach, creep into our lives, and smother our minds with ever more legislation that infringes our human rights and civil liberties... [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]

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]

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]

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]

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

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

How America Became an Oligarchy

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

So you want to help Africa Owen Paterson? Then stop promoting ideology and falsehoods to push GMOs

Former UK Environment Minister Owen Paterson this week accused the European Union and Greenpeace of condemning people in the developing world to death by refusing to accept genetically modified crops... [read more]

Tony Blair’s Save the Children Award: An Inadequate Apology

On the evening of 19th November 2014, the charity Save the Children "recognized" Tony Blair - whose government enjoined in the ending of the fledgling lives of children on an industrial scale in Afghanistan and Iraq - with their “Global Legacy Award.”... [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]

The War on Terror and the Terror of War

The vicious cycle of state and individual terror continues unabated. Marxists have long explained that imperialism and Islamic fundamentalism are two aspects of the same reactionary phenomenon—the decay and decline of capitalism—which threatens to take the whole of humanity down with it.... [read more]

What GMOs Are Really About: Profits, Power and Geopolitics

Genetically modified organisms (GMOs) are not essential for feeding the world... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 1)

In his book ‘The World Economy: A Millennial Perspective’, economist Angus Maddison noted that India was the richest country in the world and had controlled a third of global wealth until the 17th century... [read more]

The G20 Leaders Communique′

Mark Horner critically reviews four major themes of the G20 Leaders Communique... [read more]

Education, Work and Cooperation: Abolition of the wages system, institutional hierarchy and bosses

The third in the series of articles by Steven Colatrella titled 21st Century Cosmopolis: Constitution for a Better World... [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]

The Transatlantic Trade and Investment Partnership, A Thatcherite Revolution: “Free Trade”, Corporate Plunder and the War on Working People

Prior to the recent national elections in India, there were calls for a Thatcherite revolution to fast-track the country towards privatisation and neo-liberalism... [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]

What can we do with what Thomas Piketty teaches us about capital in the twenty-first century?

Part 1 of Eric Toussaint's review of Thomas Piketty book Capital in the Twenty-First Century (Part 1 of 2)... [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]

The Shimomuran Economics Solution to the Western Economic Crisis

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

There is a war on ordinary people and feminists are needed at the front

The problem with media-run "conversations" on gender is not merely the almost total absence of male participants, but the suppression of class, writes John Pilger.... [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 Master Economist Dr Osamu Shimomura - Probably the Greatest Economist of the 20th Century After John Maynard Keynes

George Tait Edwards discusses the immense contribution that Dr Osamu Shimomura (1910-1989) made to the field of economics... [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]

If you think we're done with neoliberalism, think again

The global application of a fraudulent economic theory brought the west to its knees. Yet for those in power, it offers riches, writes George Monbiot.... [read more]

The Promised Land

To be young in the post-industrial nations today is to be excluded. Excluded from the comforts enjoyed by preceding generations; excluded from jobs; excluded from hopes of a better world; excluded from self-ownership, says George Monbiot.... [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]

Shukran, Israel

If Islamist movements come to power all over the region, they should express their debt of gratitude to their bête noire, Israel, states Uri Avnery ... [read more]

No2VAG's request falls on deaf ears

No2VAG has a legitimate right to be heard by the NLWA, as Ellen Graubart explains. The campaign group has requested a hearing at the Authority's meetings, and three times the group has been refused.... [read more]

Even devils will fall...

The London Progressive Journal gives its take on current events in the latest fortnightly editorial... [read more]

Out of the Ashes

Now is the time to start planning for a new economy, not dependent on growth. ... [read more]

From Tiananmen Square to Tahrir Square

Steven Colatrella on the nature of uprisings against the state in the wake of revolution in Tunisia and Egypt.... [read more]

Bewildering Times!

From student fees to taxes, the Liberal Democrats are increasingly being seen as cheerleaders for hard-line Tory policies, writes Chris Mason-Felsing.... [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]

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]

President Obama Announces $1 trillion ‘New Deal’ Programme

Christopher Vasey on the Obama administration's new initiative to kick-start the US economy.... [read more]

After the Crash of 2008, Who Owns the Progressive Future?

Jonathan Rutherford on how the current economic crisis has highlighted the iniquities intrinsic to capitalist society.... [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]

Far Right Emerging in Austria - Again

Austria’s governing coalition has collapsed - will this lead to the rise of the far-right Freedom Party?... [read more]

Making a Killing from Hunger

Leading NGO GRAIN on why we need to overturn food policy.... [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]

The Health Of Humanity Post 2016

So here we are a year on. And what a year it’s been.... [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]

If Only...

Discontent among the uninformed tends toward unreasoned emotion. The educated dissentient is able and willing to identify the nature of a problem and articulate an indictment of the problem’s source.... [read more]

Health and Humanity Part 3: Charity Begins At Home

Increasingly, it appears charities and NGOs are behaving in a corporate fashion, which may or may not be a good thing.... [read more]

Bernie Sanders' message

Former Labour shadow cabinet minister Bryan Gould considers why Bernie Sanders' support amongst voters keeps growing... [read more]

Committee room 9: “Scotland and Palestine: Building Friendship and Solidarity”

Clive Hambidge reports on a recent seminar at the Houses of Parliament: “Scotland and Palestine” Building Friendship and Solidarity... [read more]

The left wing case for quitting the EU

Much of the left would agree that the European Union does not always function in the best interests of either the European or International working class... [read more]

Has Jeremy Corbyn started the political conversation that England needs?

Many people, battered and depressed by the result of the general election cheered up when Jeremy announced he was entering the Labour leadership contest... [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]

Which direction for Labour?

Bryan Gould, former Labour shadow cabinet minister, says Labour's leaders must be prepared to do the hard work needed to produce a convincing alternative in line with much current and developing economic thinking... [read more]

The Labour leadership election

Bryan Gould, former member of the Labour shadow cabinet, describes what is missing from the leadership contest... [read more]

Modern Ukraine RIP (Born 1991- Died 2014)

Dr Tomasz Pierscionek explains how Ukraine, as it once was, no longer exists... [read more]

English Heritage – with the UK’s general election ever closer, whose culture are we ‘celebrating’?

I fear the outcome of the general election; I fear the deals made by politicians desperate to stay in power, deals that will further harm the disadvantaged poor... [read more]

A poem for The Great Shimomura

There once was a man who had a plan to double the income of Japan... [read more]

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

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

Taming corporate power: the key political issue of our age

Big business and its lobbyists have taken control of our politics. But there is an alternative. In the first of a new series, here’s how we can take on the fat cats, writes George Monbiot.... [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]

NATO weakness in the epoch of geo-political turbulence and instability

The main outcome of the NATO summit that took place in Newport, Wales on 4th-5th September appears to have been the decision to launch a new ‘spearhead’ rapid response task force... [read more]

Ukraine: NATO hypocrisy over “Russian invasion” as Kiev suffers defeat

As politicans from across the world met at the NATO summit in Wales, the crisis in Ukraine saw an escalation in rhetoric... [read more]

Lenin: State and Revolution: Withering Away the State

Thomas Riggins reviews the first part of Chapter V of Lenin's State and Revolution (1917)... [read more]

Happy Independence Day? India, Monsanto, GMOs and the Bigger Picture

On 15 August, India will mark its 67th anniversary of independence from Britain. It may seem strange to some that a nation would publicly celebrate its independence while at the same time it less publicly cedes it to outsiders... [read more]

GMOs, Corporatocentrism And Economic Plunder: The Right To Challenge And Refuse

The recently leaked report by India's Intelligence Bureau - ‘Impact of NGOs on Development’ - accuses certain activists and civil organisations of working against the national interest by colluding with foreign interests to undermine development and growth... [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]

Update On Shimomuran Economics: The Day May Come

Western governments and their advisors can no longer continue to ignore the work of the master economist Dr Osamu Shimomura (1910-1989) who provided the insights which have produced the high growth of the China Sea economic zone... [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]

A strategy for improving economic performance

Former MP and member of the Labour shadow cabinet, Bryan Gould, discusses a strategy for improving economic performance and addressing inequality... [read more]

The only way to fairness in housing is to tax property

Help to Buy and the other government schemes merely lock in place an unjust system which rewards those in power, writes George Monbiot.... [read more]

Acquiescing to Big Biotech: The Deceptions and Falsehoods of the GMO Lobby

British Environment Secretary Owen Paterson is a staunch supporter of the GMO sector despite mounting evidence pointing to the deleterious health, social, ecological and environmental impacts of GMOs... [read more]

Capitalism and crisis

Nelson Wan provides an overview of Marx's explanation for why capitalism goes into crisis, discussing the inherent contradictions within the capitalism system... [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]

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]

Italy: the missed generation

The truth is that the situation in Italy is getting desperate. Amongst those under 25, unemployment is as high as 40% with many of those in work underpaid and on short term contracts... [read more]

In India, a spectre for us all, and a resistance coming

Neoliberalism has failed the vast majority of India's people. But the spirit that gave the nation independence is stirring, writes John Pilger.... [read more]

The Disenchantment Of British Voters With Democracy

Former MP and member of the Labour shadow cabinet, Bryan Gould, explains the need for politicians to restore public faith in the value of government and democracy in order to cure voter disaffection ... [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 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 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]

Gibraltar: A Rock of Democratic Stability As Some Nations Become Ungovernable

David Eade discusses the recent GSLP by-election victory in Gibraltar and examines the fragility of democracy across Europe... [read more]

Trident: A deterrent or a massive waste of money?

The true social democratic heirs of Hugh Gaitstkell would be, and are, opposed to the EU. Less well-known, but no less important, is that they ought to be opposed to nuclear weapons... [read more]

Smart Phones, Dumb Companies

Phone companies do too little to ensure the minerals they use are conflict-free. Here's what you can do to hold them to account, says George Monbiot.... [read more]

A Telling Silence

They parasitise us from above. But landowners and the Tory party's idle rich are spared the fairest and simplest of taxes, writes George Monbiot.... [read more]

It’s like Déjà-Vu All Over Again

The Israeli-US rhetoric towards Iran is more than just hollow threats. History shows us why Iran is next in the firing line, and why an invasion just might be inevitable. ... [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]

US War Agenda: Coke or Goldman Sachs, What's Your Poison?

Colin Todhunter asks who in their right mind would be prepared to fight and die for Shell, Chevron or Coca Cola?... [read more]

Economic Growth or Abnormal Swelling?

LPJ's India correspondent Colin Todhunter reports that India may have had eight or nine per cent economic growth until this year, but this doesn't show a true picture... [read more]

Hunger Games

The rich world is causing the famines it claims to be preventing, says George Monbiot.... [read more]

Is this the Sudanese summer?

Omar Zaki explores the recent protests taking place across Sudan and the implications for the government of President Omar Al-Bashir... [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]

More than just a Game: football as the modern opium of the masses

The spectacle of sport, like the 2012 Euro Cup, is the primary medium through which nations and national identities are imagined, writes Ilia Xypolia.... [read more]

The Global Economic Crisis and ‘Possible Futures’

David Lane reviews a collection of three volumes compiled by Craig Calhoun and Georgi Derluguian chronicling the origins and aftermath of the global financial crisis... [read more]

Off the Agenda: The Unresolved Question of Egypt's Economy

A new Egypt demands a new constitution and president. Many pressing questions also need to be addressed, including the religious-secular divide, the value of Sharia in the making of law, citizenship, minority rights, the rule of civil society, foreign policy, and much more, says Ramzy Baroud.... [read more]

Never forget that Bradley Manning, not gay marriage, is the issue

John Pilger shows that Barack Obama’s sudden “conversion” to the cause of same-sex marriage barely disguises the prime motives of a president as reactionary and violent as George W Bush.... [read more]

Henry David Thoreau 150th anniversary

The importance of Henry David Thoreau, the man who told us all we must listen to the world and march to a different drummer, is greater now than the day he died 150 years ago in May 1862, says Miles Caston.... [read more]

The Devil’s Playground

The very concept of work, and its application in society, is controlled by those whose policies have been sent straight from hell. outRageous! explains... [read more]

Youth unemployment figures reveal Britain beating its 'personal best'

The London Progressive Journal gives its take on current events in the latest fortnightly editorial... [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]

False Evidence Appearing Real

There is profit to be made in keeping the public fearful, Bryan G Taylor explains... [read more]

Poor's show

Ever since the decline of European Socialism in the 1980s and the collapse of the Soviet Union in the ’90s, capitalism has considered itself king of the world and has behaved accordingly, says W Stephen Gilbert.... [read more]

A future apology

Mark Chivers apologises prospectively for our generation's lack of action in safeguarding the planet ... [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]

The War on Libya: Behind Appearances - Part 2

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 2)... [read more]

Conservative Conference: Economy and House Building

Mirela Ivanova scrutinises David Cameron’s address to the Conservative Party conference... [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]

Venezuelan UN Speech Criticises "Market Totalitarianism"

The Venezuelan ambassador to the UN, Jordge Valero, has delivered a stinging attack on global capitalism's failure to guarantee basic human rights, as Tamara Pearson reports.... [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]

Defending the NHS Against Privatisation: John Lister talks to London Progressive Journal (Part Two)

The second part of Tomasz Pierscionek's discussion with prominent anti-privatisation campaigner John Lister.... [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]

Britain's Coalition Government: Unleashing the Forces of Hell

It's now several weeks since the Tories swept into office, propped up by the Liberal Democrats. Chris Mason-Felsing looks at the story so far.... [read more]

The Cleggameron Coalition Comes to Power; the New Labour Era Ends.

Socialist Appeal's Rob Sewell reflects on the historic events of the past few days at Westminster.... [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]

Our Hollowed Out Democracy

Thus far, the Tory and Labour election campaigns have been a showcase of the hypocrisy at the heart of British politics, writes Richie Nimmo.... [read more]

Turkey: Working Class Resistance Rebuilding Itself

Ekrem Ekici and Ceren Türkmen on how Turkey's labour organisations are fighting back against privatisation and attacks on labour rights. ... [read more]

Haitian Tragedy and White Man’s Burden Redux

International reaction to the catastrophe in Haiti has had a distinctly neo-colonial flavour, says Ben Selwyn.... [read more]

Champions of the Overdog

Local papers are vanishing. George Monbiot asks: Does it matter? ... [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]

Why No Government Jobs Program?

Rick Wolff on the Obama administration's weak response to the economic crisis.... [read more]

Economic Crisis and Political Alienation

Lack of popular participation in the political process is both a cause and an effect of the present crisis, as Rick Wolff explains.... [read more]

Obama: Progress Towards Fulfilling Manifesto Commitments

Chris Vasey reckons it's been a promising first few months in the White House for Barack Obama. ... [read more]

Cuts, Cuts ... And Yet More Cuts!

Steve Jones argues that Britain's three main political parties are engaged in a 'race to the bottom' on public spending.... [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]

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]

Book review: 'The New Latin American Left'

Nathaniel Mehr reviews an insightful edited collection on the new left in Latin America.... [read more]

Green Shoots of Economic Recovery?

Mick Brooks considers recent claims that the world economic system is on the mend.... [read more]

South American Nations Meet in Venezuela to Lay Foundation for Bank of the South

James Suggett on a ground-breaking initiative that may help Latin American countries break free from the stranglehold of IMF and World Bank economics.... [read more]

UK Blacklist Finally Exposed

Steve Kelly of the Unite union on the recent revelations about employers' trade union blacklists in the construction industry.... [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]

An Important but Risky Victory for Venezuela and for Socialism

Gregory Wilpert assesses the implications of Hugo Chávez's referendum victory.... [read more]

Report from a Refugee Camp in Kashmir

As India and Pakistan engage in sabre rattling troops have been moving towards their forward deployments, Assed Baig asks: What about the victims of this age-old rivalry?... [read more]

Book of the Month: Matti Kohonen and Francine Mestrum Eds, "Tax Justice"

In the first of our regular "Book of the Month" features, Matt Genner recommends this insightful collection of essays on economic reform.... [read more]

Venezuela Advances Integration and Shares New Satellite with Ecuador

James Suggett on the latest development in the ongoing Venezuelan-led initiative for greater Latin American integration in the face of the world economic crisis.... [read more]

Top Economic Strategist Warns of ‘Catastrophe and Revolution’

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

Free the Unborn! A Proposal for Slowing Down Politics

George Monbiot on why the struggle against climate change is being undermined by political short-termism.... [read more]

Unprecedented!

Michael Roberts on why the present economic crisis demonstrates the vulnerability of "free market" capitalism. ... [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]

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]

Bail-out Blackmail

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

Chávez Declares Support for Venezuelan Indigenous Occupying Ancestral Lands

James Suggett on Hugo Chávez's support for indigenous communities in Venezuela.... [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]

Venezuela Increases Oil Financing for Petrocaribe Nations

James Suggett on how Venezuela is taking a lead in strengthening economic links between Latin America and the Caribbean.... [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]

We Must Escape the Neverland of Market Fundamentalism

Neal Lawson, Chair of the campaign group Compass, believes the Labour party must free itself from New Labour's fixation with market fundamentalism and return to social democratic values.... [read more]

The Failure of New Labour was to Ignore Society

Compass's Jonathan Rutherford believes New Labour has lost touch with society.... [read more]

Another Defeat for the Italian Left

Samuele Mazzolini on what the Italian Left can learn from its recent election defeat.... [read more]

Interview: George Monbiot Talks to London Progressive Journal

London Progressive Journal's Haseeb Khokhar spoke to prominent climate change campaigner George Monbiot.... [read more]