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Bye Bye, Dubai?

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

Student Debt Slavery II: Time to Level the Playing Field

The lending business is heavily stacked against student borrowers. Bigger players can borrow for almost nothing, and if their investments don’t work out, they can put their corporate shells through bankruptcy and walk away.... [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]

The Mockery of Banking Discipline

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

“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]

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]

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]

Student Debt Slavery: Bankrolling Financiers on the Backs of the Young

Higher education has been financialized, transformed from a public service into a lucrative cash cow for private investors.... [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]

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]

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]

Trumping the Federal Debt Without Playing the Default Card

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

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]

The End of Money

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

Boom at the top

At a time when the poorest are being hit hardest, W Stephen Gilbert comments on the obsence bonuses enjoyed by those at the top echelons of the financial sector and puts paid to the reasons most commonly used to justify such unfair practice.... [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]

Yahoo and AP Seemingly Caught Manipulating User Comments

Online user comments are a new site in the battle over public perceptions of the Israeli-Palestinian conflict, writes Ahmed Amr.... [read more]

Fox in the Hen House: Why Interest Rates Are Rising

The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”?... [read more]

Tory austerity has killed more people than ISIS: Austerity as State-terrorism

Islamic State is frequently referred to as the biggest threat facing Britons. But an even bigger one, in terms of death and social division, is austerity... [read more]

Two Meetings

During the last few days, I met with two old friends: Yasser Arafat and Yitzhak Rabin... [read more]

After the Euphoria

A weak government whose core values are misguided by nostalgia for a lost empire... [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]

Can Jill Carry Bernie’s Baton?

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

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]

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]

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]

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]

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]

Compassion Should Extend Beyond The Home

Former MP and member of the Labour shadow cabinet, Bryan Gould, provides a riposte to Roger Scruton’s piece in The Guardian... [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]

A sea-change‏

Steve Richards is right to say that next year’s election will not, and should not, be decided by personality politics. So what will determine the voters’ preferences, asks former MP and member of the Labour shadow cabinet, Bryan Gould... [read more]

The OECD verdict on the British housing market

Former MP and member of the Labour shadow cabinet, Bryan Gould, discusses the findings of a recent OECD report which revealed that UK housing is among the most overpriced in 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]

Ukraine: a very Western coup

Dr Tomasz Pierscionek provides an analysis of the situation in Ukraine... [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]

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]

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]

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]

From Obamacare to trade, superversion not subversion is the new and very real threat to the state

Rightwing politicians and their press use talk of patriotism to disguise where their true loyalty lies: the wealthy elite, writes George Monbiot.... [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]

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]

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]

DEREK, or LITTLE by LITTLE

By common consent (at least among those like me who lived through it), the ‘golden age’ of broadcasting – at the BBC especially – was that which spanned the 1960s, writes W Stephen Gilbert.... [read more]

A ban on boxing- reasoned thinking or sheer discrimination

In the wake of a brawl between Derek Chisora and David Haye outside of the ring, some are calling for a ban on boxing. RJ Middleton asks whether this is an appropriate reaction to the incident... [read more]

The Light That Cracks The Darkness

The people of Spain are actively resisting the effects of austerity. As Bryan G Taylor explains, no amount of 'Reforma Laboral' will stave off call for a revolutionary change... [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]

Out of the Ashes

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

Miliband: The Knives are Already Being Sharpened

Now that the dust has settled on Ed Miliband's surprise victory in the Labour leadership election, Michael Prior considers the challenges facing the new leader as he seeks to move the party away from Blairism.... [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]

Unprecedented!

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

Review: The Façade of Arms Control, by Anna Stavrianakis

Alexa Van Sickle reviews the Campaign Against the Arms Trade booklet by Anna Stavrianakis. ... [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]

Financial Meltdown Deepens

In the wake of the collapse of Lehman Brothers, Michael Roberts examines the present financial slump. ... [read more]

The Credit Cruch - One Year On

Twelve months on from the beginning of the current economic crisis, Socialist Appeal's Michael Roberts examines the causes and effects of the so-called "Credit Crunch".... [read more]