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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]

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]

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]

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]

Empire of Capital

A one-sided justice sees weaker states punished as rich nations and giant corporations project their power across the world, says George Monbiot.... [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]

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 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]

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]

Global Development: Aid the myth of Western support

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

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]

Modern Ukraine RIP (Born 1991- Died 2014)

Dr Tomasz Pierscionek explains how Ukraine, as it once was, no longer exists... [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 G20 Leaders Communique′

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

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]

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]

BCE / LTRO: what’s that ?

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

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]

The revolutionary reawakening of Burkina Faso

The West African country of Burkina Faso exploded into a full blown revolutionary situation on Thursday 30th October... [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]

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]

Russell Brand and the Nixon inequality shock

Russell Brand's call for revolution reverberated with many beyond the underclass he referenced... [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]

A long and dishonourable tradition

George Osborne may be just about the last person in Britain to believe that austerity offers a real path to recovery from recession and the resumption of growth - and it may be doubted that even he remains a true believer, writes Bryan Gould... [read more]

Making a Killing from Hunger

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

Central Bankers' Desperate Grab for Power

Central bankers are out of ammunition. Mark Carney, the soon-to-be-retiring head of the Bank of England, admitted as much in a speech at the annual meeting of central bankers... [read more]

Juggling the Devil Sticks: Imran Khan, the military establishment and the Kashmir 'issue'

As soon as Imran Khan took charge of the office of Prime Minister he announced a number of cosmetic economic policies... [read more]

The German Elections and the Ongoing Crisis of European Imperialism

Angela Merkel, who has been in power for 12 years and who won just 33% of the vote in the elections held on 24 September, failed to negotiate a coalition government that would rule over the German and the European working class for the next four years... [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 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]

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]

What GMOs Are Really About: Profits, Power and Geopolitics

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

Scotland – Independently Great: an English view of the Scottish Referendum

While most of us are happy to trade, to buy products from other countries, to take part in what is now a “global community”, we want to do it on our own terms... [read more]

The War on Democracy

Dr Tomasz Pierscionek describes how yet another nation has fallen victim to 'Shock and Awe' ... [read more]

The Failure of the Debt System

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

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]

European Social Contract Betrayed

IMF imposed austerity has resulted in millions of working people rejecting the traditional mainstream capitalist parties and voting for parties labeled by the bourgeois media as "fringe"... [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 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]

Camilo Comes to San Francisco and Analyzes the Soft Coup Attempt in Nicaragua

Camilo’s visit accomplished the goal. Media interviews in Spanish and English reached many thousands. He brought information and analysis which has been largely censored or ignored in coverage of Nicaragua. ... [read more]

Random Arrows and a Big Fist: Noam Chomsky Discusses Trump, Russia, the Middle East and Latin America

A few months ago, I interviewed Noam Chomsky as part of our new book Voices for Peace: War, Resistance and America’s Quest for Full-spectrum Dominance... [read more]

Reactive Mismeasures: The New Yorker and the "New" Cold War Propaganda (Part 3)

This is the third part of a paragraph by paragraph commentary on a recent article posing as journalism in the March 6, 2017 issue of The New Yorker... [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]

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]

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]

The big private banks run on LTRO

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

INET Should Rename Itself IPNET Because Preventing New Economic Thinking Is What it Does

INET is a cheerleader and supporter of the Washington Consensus... [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]

A lurch to the left

Bryan Gould, former Labour shadow cabinet minister, explains why Jeremy Corbyn's campaign appealed to those who are disturbed by increased poverty and widening inequality... [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]

What Labour can learn from the Corbyn campaign‏

Bryan Gould, former Labour shadow cabinet minister, shows what lessons Jeremy Corbyn can teach the Labour Party... [read more]

Labour’s Lost Soul: the UK and the Labour Party leadership election

I’ve done it, pushed out my boat on to uncharted seas and voted for Jeremy Corbyn to be leader of Britain’s Labour Party... [read more]

A Corbyn leadership

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

Ideological reforms vs Greek democracy

Bryan Gould, former Labour shadow cabinet minister, explains how Europe is witnessing a triumph of ideology over common sense ... [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]

Rewriting Democracy: Scotland’s movement towards independence with a National Yes Registry

Many people thought (and hoped) that Scotland voting No in its Independence Referendum last year had laid that idea to rest. Far from it... [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]

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]

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

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

Nothing to Lose But Our Fears‏

Former MP and member of the Labour shadow cabinet, Bryan Gould, explains the need for Labour to break free from the neo-liberal consensus that has long imprisoned the left in an intellectual straitjacket... [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]

How the Election Was Won‏

Bryan Gould, former member of the Labour shadow cabinet, explains how popular sentiment on political issues can be manipulated... [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]

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 4 of 9 - Shimomuran Economics

Bryan Gould and George Tait Edwards describe Shimomuran Economics... [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]

A Slow-Burning Revolution‏

Former MP and member of the Labour shadow cabinet, Bryan Gould, details the beginnings of a paradigm shift in economic thinking... [read more]

Ghosts of evils past

A poem by Dr Tomasz Pierscionek... [read more]

Menace on the Menu: Development and the Globalization of Servitude‏ (Part 2)

Me-first acquisitiveness is now pervasive throughout the upper strata of society... [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]

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]

Big banks’ tampering with interest rates

Part 5 in the series by Eric Toussaint - The banks and the “too big to jail” doctrine... [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]

Drug and Bank Lords

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

Washington's madness in Ukraine

What is happening right now in Ukraine may not just be another conflict that will rumble on for a few years and then slowly end in a messy compromise... [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]

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]

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]

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]

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]

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]

Who Owns the Future?

Bryan Gould states there is no novelty in arguing, as George Osborne does, that there is no alternative to his destructive and divisive policies of austerity... [read more]

Ukraine and Crimea - an Illegal Putsch and a Democratic Referendum

Felicity Arbuthnot discusses the outcome of the Crimean referendum in view of rampant propaganda being hysterically stirred from Washington and Whitehall... [read more]

Ukraine: a very Western coup

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

Aiming At The Wrong Target

Former Labour cabinet member, Bryan Gould, takes to task recent comments made by Shadow Secretary of State for Work and Pensions, Rachel Reeves on the subject of the unemployed... [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]

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 formula for revolution

Three years ago few predicted that a revolution, a coup and an emergent civil war would soon explode in a country considered a prime tourist hot spot and ruled by the same autocrat for nearly 30 years ... [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]

An Economic Policy For A Post Neo-Liberal World (Part 1 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 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]

Right Wing Conservative Political Elite Engineer an Electoral Comeback in Pakistan

Dr Amjad Ayab Mirza provides analysis on the recent elections in Pakistan... [read more]

The writing out of the Radical tradition

Regular readers are aware of my view of Winston Churchill. On the five pound note, he will replace Elizabeth Fry, whom Michael Gove also wants to remove from the National Curriculum along with Robert Owen... [read more]

The End of Money

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

Review - Health Care Reform and Globalisation: The US, China and Europe in Comparative Perspective

David Lane reviews a book which illustrates the global nature of developments in healthcare: Health Care Reform and Globalisation: The US, China and Europe in Comparative Perspective... [read more]

Charity Economics, Subservient Politics: Why Oslo Must Go

Recent demonstrations in protest of the rising cost of living have swept across the West Bank. While they are not indicative of a Palestinian version of the ‘Arab Spring’, they are still an important first step, writes Ramzy Baroud.... [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]

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]

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]

What's behind Kony 2012?

Eugene Puryear describes some of the hidden motivations to bringing Joseph Kony, leader of the Lord's Resistance Army, to justice... [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 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]

Iranian \'assassination plot\': Cooked up to further U.S. aim of regime change?

Mazda Majidi dissects US allegations of an Iranian plot to assassinate a Saudi diplomat on American soil.... [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]

The Biggest Lie in the World and a Few Truths

Steven Colatrella picks apart the myth that free market capitalism is the most rational way of allocating resources.... [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]

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]

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]

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]

Unprecedented!

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

There Can Be Only One: Fuel Versus Food

Victor Petroff believes a drastic change in energy policy is required to combat both climate change and the world food crisis. ... [read more]

Shadow Networks: Violence, War and Plunder in the Great Lakes Region of Africa

Colonial rivalry and capitalist exploitation are at the heart of the violence in the Congo.... [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]