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Empty Promise

George Monbiot asks if scientists have got the impacts of climate change on food supply wildly wrong?... [read more]

The Neon Demon – a cult classic in the making

Breaking taboos is the big yawn of our modern commerce dominated culture so I hesitate to recommend a movie that seems, superficially at least, to be gratuitously designed to break as many taboos as is conceivably possible... [read more]

Rethinking Economics The Washington Consensus vs the Tokyo Consensus Background

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

The development of the European social models

The 19th century in Europe saw the development of philosophical, political and economical theories that challenged and questioned the political structure of the time (Part 1).... [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]

Girl Model

David Morgan brings to light a deeply worrying trend that exists within the Japanese modelling agency ... [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]

Another Bank Bailout Under Cover of a Virus

When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!”... [read more]

Regulation Is Killing Community Banks – Public Banks Can Revive Them

Crushing regulations are driving small banks to sell out to the megabanks, a consolidation process that appears to be intentional. Publicly-owned banks can help avoid that trend and keep credit flowing in local economies.... [read more]

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

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

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]

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]

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

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

Some deny society exists. Let’s prove them wrong

There’s more to life than consumerism. But to find it we need new models of supporting each other, writes George Monbiot.... [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]

One Shot Left

George Monbiot on how the Bush administration, in its final death throes, is stepping up its war on the environment.... [read more]

Ecuador's President Correa in Conflict with Indigenous Movement

Samuele Mazzolin on why the Ecuaodorean president's agenda for modernisation and wealth redistribution has brought him into an unlikely conflict with the country's indigenous groups.... [read more]

This Week in the Media: Privatisation Isn't Working; Unsuccessful Gambler Recoups Money From Bookmakers

David Floyd argues that it's the job of private companies like Centrica to make as much profit as possible.... [read more]

Crushing the States, Saving the Banks: The Fed’s Generous New Rules

The new terms could be harnessed for local governments to own and operate their own banks.... [read more]

Does the Higher Education Remain a Boom or Become a Bust?

A liberal arts education has yielded a fulfilling life for hundreds of millions, advancing society and humanity in the U.S. and globally, since the 19th century... [read more]

The Power of Sex

Looking back over the decades as I approach my 78th birthday, I marvel at the recurring and evolving attempts to address the issues that affect us all... [read more]

Drilling for Oil - A Global Problem on Our Doorstep

Sometimes it takes a threat to our own neighbourhood, our own county or country, before we wake up to what is happening across the world.... [read more]

The Fed’s Baffling Response to the Coronavirus Explained

When the World Health Organization announced on Feb. 24 that it was time to prepare for a global pandemic, the stock market plummeted.... [read more]

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

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

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 Bankers’ “Power Revolution”: How the Government Got Shackled by Debt

The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019... [read more]

What is Learning

The following is an extract from Learning, a work synthesising forty five years in education. ... [read more]

Why Is the Fed Paying So Much Interest to Banks?

When “Mary Poppins” was made into a movie in 1964, Mr. Banks’ advice to his son was sound. The banks were then paying more than 5% interest on deposits, enough to double young Michael’s investment every 14 years.... [read more]

Control Freaks

Open your hand and breathe into the palm. Now close your fist. What have you caught?... [read more]

No Problem

The problem extends well beyond one particular question. For a long time now the world has been run on the presumption that all problems are easily soluble.... [read more]

What's the Big Idea?

A little riddle for your amusement. It has more to do with class capitalism than you might suppose... [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]

Transaction Analysis

Baffled? Confused? Me too!... you, too?... [read more]

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

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

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]

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]

“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]

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]

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]

Can Jill Carry Bernie’s Baton?

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

Left in Agony

Cameron is responsible for taking us all to the edge of the cliff... [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]

“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]

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

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

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

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

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]

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]

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]

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]

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

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

Trumping the Federal Debt Without Playing the Default Card

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

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]

“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]

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

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

Derailing Amtrak

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

The Trans-Pacific Partnership and the Death of the Republic

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

How America Became an Oligarchy

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

Fateful Steps That Led to the Crisis in Ukraine (Part 2)

The borders of the Ukraine today are very different than they were before WWII... [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]

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]

Newcastle Unites to give Pegida the push: One message “We’re black and white”

As expected the people of Newcastle-Upon-Tyne with a reputation the world over for their friendly attitude and tolerance took to the streets of Newcastle today with a very simple but strong message to Pegida... [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]

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]

Zionists All

The term Zionism can mean many different things. Like the term socialism, for example. Francois Hollande is a socialist. So was Joe Stalin. Any resemblance?... [read more]

With this attack on community energy the big six win out over 'big society'

By changing the rules, this government has sabotaged the promise of a UK community energy revolution and secured the dominance of the big six energy companies, writes George Monbiot.... [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]

Piketty for Progressives (Part 6)

Thomas Riggins continues with his analysis of Piketty's book - Capital in the Twenty-First Century... [read more]

My Glorious Brothers

When I was 15 years old and a member of the Irgun underground (by today's criteria, an honest-to-goodness terrorist organization), we sang "(In the past) we had the heroes / Bar Kochba and the Maccabees / Now we have the new ones / The national youth…"... [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]

State and Revolution: Chapter 5 - Withering Away the State

Thomas Riggins continues to guide us through chapter 5 of Lenin's State and Revolution... [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]

E=MC2

A work by the Palestinian poet, writer and artist, Dr Faysal Mikdadi... [read more]

Tony Blair, George W. Bush and David Cameron: Hijacking God?

There must be something in the water at Number 10 Downing Street, writes Felicity Arbuthnot... [read more]

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

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

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

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

Special Report: Interview with British “jihadis” and what you won’t read in the “Tackling Extremism in the UK” report

British journalist, writer and film producer Carol Grayson conducts an exclusive interview with a member of the Taliban and a British born 'Jihadist' ... [read more]

Nelson Mandela: Lest we forget “Madiba” was supported from a Britain which is still riddled with prejudice and racial inequalities

When I heard of the death of Nelson Mandela (age 95) I was transported back to another era and some uncomfortable images from the past... [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]

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]

Gibraltarians Demand Vote in EU In-Out Referendum

Dsvid Eade writes about the battle to ensure Gibraltarians are allowed to vote in the Conservative’s EU In-Out Referendum should the Tories be returned to power at the next UK election... [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]

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]

The End of Money

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

The year of cataclysm for the NHS

It has been a big year for the English health service, for the wrong reasons. With so much happening so fast, Alex Nunns of the NHS Support Federation pulls together the strands to explain what is really going on in the NHS... [read more]

Spot the Difference: Public Relations and Journalism

Finn Bowen asks that in light of the possible convergence of Public Relations and Journalism - once completely separate professions - can we ‘trust the truth’ the media portray? ... [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]

Britain’s Summer: A Juxtaposition of Sport & Politics - The Question of Nationalism

We may end up remembering 2012 for it’s grand summer of British national pride but we must not forget the country is in a terrible state and it doesn’t appear that things will get better, writes Joseph A. Daniels. ... [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]

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]

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]

A manager's dog

‘I am his Highness’ dog at Kew; Pray, tell me sir, whose dog are you?' ( Alexander Pope, Epigram Engraved on the Collar of a Dog which I gave to his Royal Highness)... [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]

Weimar Revisited

Uri Avnery explains how the three main pillars of Israeli democracy - the courts, the media and the human rights organisations - are under threat from the political right. ... [read more]

Modern Pauperism and its Consequences: A Dissenting View on the Riots in England (Part II of II)

The second part of an essay by Matthias Dapprich in which he adopts a class based analysis of the recent London riots.... [read more]

United in our Heritage

In response to comments made by David Cameron, Hussein Al-Alak takes a look at the origins of ‘Britishness’... [read more]

The New Anti-Semitism

Uri Avnery, Israeli writer and founder of the Gush Shalom peace movement, offers a warning from history as he examines a modern form of racism taking root across Europe.... [read more]

Smoke on a Bridge: Lebanon Awaits a Verdict

Ramzy Baroud reports from Lebanon on the thoughts of one of its citizens on the future of the country.... [read more]

Cluster Bombs and Civilian Lives: Efficient Killing, Profits and Human Rights

An Amnesty International report has brought the issue of cluster bombs back into the public limelight, writes Ramzy Baroud.... [read more]

The Real Cost of the Banking Crisis

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

Dispatch from China: Number 15 Has Left the Building

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

Book Publishers Should Embrace the Digital Age

Publishing can - and should - adapt to the changing technological landscape, writes John Oakes. ... [read more]

The Real Climate Scandal

A scandal over faked evidence has been a boon to climate change deniers. George Monbiot looks to redress the balance.... [read more]

The Internet: A Democratising Force or Information Overload?

Matt Genner examines the impact of the dot com revolution on democratic debate and political activism.... [read more]

Scrap It

Environmental campaigner George Monbiot tears into the UK government's proposals for stimulating the motor industry.... [read more]

The New Face of Plan Colombia: An "Alliance for Progress" for the 21st Century?

Garry Leech examines the US-backed soft reform programme aimed at undermining support for radical movements in Colombia.... [read more]

Big Brother is Watching You Masturbate

In the week that a controversial new law on pornography came into force, Symon Hill outlines his concerns about the implications for sexual freedom, and civil liberties more broadly.... [read more]

Is Israel Winning the 'Media War' over Gaza?

In the week that the death toll from Israel's vicious onslaught passed the 1,000 mark, Ramzy Baroud looks back on a clinical campaign of distortion and misinformation by the Western mainstream media.... [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]

Crisis: The Worst Since the 1930s

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

Venezuela and South American Allies Advance Integration

James Suggett examines the latest steps of an ambitious initiative to bring about the economic integration of a number of South American countries.... [read more]