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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]

Central Banks Have Gone Rogue, Putting Us All At Risk

Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their independence from government. They have become rogue players in a game of their own.... [read more]

Unprecedented!

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

‘Cleansing the stock’ and other ways governments talk about human beings

Those in power don’t speak of ‘people’ or ‘killing’ – it helps them do their job. And we are picking up their dehumanising euphemisms, writes George Monbiot.... [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]

The Economy: Happy Days Are Here Again! For Whom?

Last week the stock market made a great leap forward. "Dow Leaps to Record" the Wall Street Journal blazoned on its front page. Thomas Riggins shows that the resurrection and coming again of the Dow is only one expression of the economy... [read more]

A Ghost Story Retailed

W Stephen Gilbert delivers an up-to-date, state and fate of the retail trade in Britain, it is partly warmingly, personal and anecdotal, and partly a critical overview: part one... [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]

Green Shoots of Economic Recovery?

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

Trumps War on the Fed

October was a brutal month for the stock market... [read more]

Syria: Trump’s Tomahawks, Double Standards - Using Chemical and Radioactive Weapons for Profit?

In a nauseating irony, exposed by the Palmer Report, Trump may have profited from the deaths he caused.... [read more]

Royal Mail Sell-Off Is British Politics At Its Worst

Last week the coalition government announced that they are going to float Royal Mail on the stock exchange, ending almost 500 years of the famous institution being government owned... [read more]

Socialism: an unarticulated reality

Cumbria Unison convenor Paul Lloyd argues that whereas Socialism may have lost its voice in the political arena, it is still present in our daily life... [read more]

Recipes for Disaster

George Monbiot asked whether it is about time the media stopped publishing recipes for threatened fish?... [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]

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]

£50bn Bail-out Will Not Stop the Rot

Socialist Appeal's Mick Brooks on the UK government's financial bail-out package.... [read more]

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

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

“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]

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]

United-States : the Fed Bails Out Wall Street

Part 4 of Eric Toussaint's series: Governments submit to “Too Big to Fail” banks... [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]

Lenin on the State and Revolution: The Paris Commune (1871)

Thomas Riggins reviews Chapter IV of Lenin's State and Revolution (1917)... [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 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 Four Keynesian Cornerstones of Shimomuran Economics (or Investment Credit Economics)

In the General Theory Keynes made four key comments that presage the practice of Shimomuran investment credit economics writes George Tait Edwards... [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]

A Ghost Story Retailed (part two)

W Stephen Gilbert delivers an up-to-date, state and fate of the retail trade in Britain, it is partly warmingly, personal and anecdotal, and partly a critical overview: part two...... [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]

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]

Top Economic Strategist Warns of ‘Catastrophe and Revolution’

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

US Democrats Yet to Convince Working Class America

Richard Scorer on how the current economic crisis presents a challenge to the Democrats' cosy relationship with big business and finance.... [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]

Public Spaces Private Control

The commercialization of public spaces in British cities and elsewhere in the industrialized world is going on apace.... [read more]

Sharing is Key to a New Economic and Democratic Order

In order to meet the colossal challenges of the time, fundamental change to the socio-economic order is needed... [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]

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]

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

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

How to Fund a Universal Basic Income Without Increasing Taxes or Inflation

A team of researchers at the University of Oxford published the results of a survey of the world’s best artificial intelligence experts, who predicted that there was a 50 percent chance of AI outperforming humans in all tasks within 45 years... [read more]

So Near and Yet So Far

Stop buying, start making! Stop buying, start growing! Stop buying, start sharing!... [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]

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]

Death in Yemen - UK Arms Sales to Saudi and the “Proper Use” of Illegal Weapons

Amnesty has been pressing the British government on Saudi Arabia’s use of outlawed weapons, only to be told sanguinely that UK Ministers have been provided with “assurances” by Saudi Arabia “of their proper use.” Work that one out: “proper use” of illegal weapons.... [read more]

Service or Disservice?

The National Health versus The Health of the Nation by outRageous!... [read more]

America

February 2016: Jeb Bush tweets a picture of his hand gun engraved with his name, under the heading "America”, as part of his presidential campaign. He later withdraws... [read more]

More Badger Culling, Less Science

The government’s badger culling project is getting more unscientific by the day, or should one say by the square kilometre? ... [read more]

Labour and the Trident Question

We all knew that Trident missiles would become an issue when Corbyn became leader of the UK Labour party... [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]

The big private banks run on LTRO

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

A Lonely Lawyer

By now every Israeli has seen the TV clip several times - showing a 14-year old Arab girl being shot dead... [read more]

BCE / LTRO: what’s that ?

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

Adolf, Amin and Bibi

It is not very pleasant when serious people around the world – historians, psychiatrists, diplomats – ask themselves if my prime minister is completely sane... [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]

Here’s to a Pretty Pink Nation

The all-Tory government has only been in place for four weeks. The amount of daft and non-think policy statements coming out would be laughable if they weren’t so dreadful... [read more]

Who Will Save Israel

The battle is over. The dust has settled. A new government – partly ridiculous, partly terrifying – has been installed ... [read more]

Cultural Zoroastrianism: The Commonality amongst the South-Central-West Asians

The people of Zoroastrian faith, ethnically Persian, can be traced back in history for over 4,000 years... [read more]

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

The Community Interest Bank Key to Local SME Development... [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 Impunity Enjoyed by the Banks must Stop

The final part of the series by Eric Toussaint - The Banks and the “Too Big to Jail” Doctrine... [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]

The CIA, Torture, and American “Democracy”

The Senate report on CIA torture reads like a Stephen King novel, a transcript from the Nuremberg trials, or Josef Mengele’s notes from Auschwitz... [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]

Piketty for Progressives - Part 5

Thomas Riggins continues with his analysis of Piketty's book Capital in the 21st Century... [read more]

Piketty for Progressives: Part 4

Thomas Riggins continues to guide us through Piketty's Capital in the Twenty-First Century... [read more]

Two Speeches

If I could choose between the two rhetorical gladiators, I would rather have Mahmoud Abbas representing Israel and Netanyahu representing the other side... [read more]

Monsanto’s Biotech Public Relations Makeover: Lubricating the Wheels of the GMO Trojan Horse

Monsanto believes it is having trouble getting its message across to the public. Last year, it began a makeover. It realised that it and GMOs have an image problem... [read more]

This cash for grouse scandal shows how Britain has become a plutocrats' paradise

We subsidise the landed gentry and their shotguns. While the poor are plunged into brutal insecurity, the rich are untroubled, writes George Monbiot.... [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]

Lenin's State and Revolution: Chapter One Parts 2&3

Still basing himself on Engels' work, Origin of the Family, Private Property and the State, Lenin points out that the State is the first form of society exclusively to base itself on a given territory... [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]

A tale of gold, guns, greed and rat poison in the Brazilian jungle

The miners of northern Brazil live by the laws of power, honour, money and lust. But sometimes, karma asserts itself too, writes George Monbiot.... [read more]

The Judaization of Israel

On my 16th birthday, in 1939, I rushed to the district registration office of the Government of Palestine to change my name officially... [read more]

The Different Sources of Unemployment, and the Economic Remedy for Each of These

Unemployment is a complex phenomenon. The ultimate roots of all large-scale unemployment is the lack of an adequate economic understanding by a country’s professional economic advisors and its politicians... [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]

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]

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]

The Failure of Innovation in the Anglo-Saxon Economies

George Tait Edwards examines the role of innovation in economic development... [read more]

From Ragged Trousered Philanthropists to Label Wearing Ostriches?

Frank Owen, the lead character in Robert Tressell’s novel The Ragged Trousered Philanthropists, expressed his frustration at the dismissive response of his fellow workers to his arguments for a better society... [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]

Margaret Thatcher and the bias of the British Media

Dr Amjad Mirza reflects on the response of the mainstream media to Margaret Thatcher's death... [read more]

Political Barbed Wire

Why are 97 per cent of our rivers shut to the public? A millionaire minister’s amazing conflicts of interest give you a clue, writes George Monbiot.... [read more]

Mass media directing the masses

Luke Innes looks at the effect of mass media on the working class in Britain... [read more]

Not just a pretty Face(Book)

Google has a rival. Mirage discusses the rise of the social media application Facebook as it lays down the gauntlet... [read more]

For Those Who Love Life

The people cutting open bluefin tuna nets are heroes: they are stepping in where governments have failed, to protect our common heritage, says George Monbiot.... [read more]

Bad Sight of the Week

At the weekend, I sent a letter to The Observer via email. So sure am I that the paper will not run it this coming Sunday that I breathe life into it by reproducing it here below... [read more]

Freedom of Speech or Freedom of Corporate Interest?

Elijah Pryor talks about the power of the media in formulating the public's opinions... [read more]

The Resurgent Aristocracy

Rural policy is once again the preserve of the elite, and wildlife and people suffer as a result, writes George Monbiot.... [read more]

All Quiet on the Southern Front

Uri Avnery comments on the rationale behind Israel's latest bombing of the Gaza strip... [read more]

The Great Pay Robbery

Here’s why the government’s proposals on executive pay won’t work – and why we need a maximum wage, says George Monbiot.... [read more]

Economic democracy – The next big social reform?

Peter Tatchell says democratising economic decision-making is the key to a fairer society and a more stable economy... [read more]

Slavery for Dummies- Part three

The third and final part of an analysis by OutRageous! looking at the slavery endemic in our modern society. ... [read more]

Blog: Lies Lies Lies

outRageous! - Lies about the recent gunplay in Kabul and the stuff no one wants you to know.... [read more]

The Lairds of Learning

Who are the most ruthless capitalists in the Western world? Whose monopolistic practices makes WalMart look like a corner shop and Rupert Murdoch look like a socialist?... [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]

Muslims: The modern day Jews?

Ben Maisky reflects on the parallels between the treatment of Jews early in the 20th Century and that of Muslims today.... [read more]

Anti-Palestinism Is Hate Speech

Ahmed Amr examines the acceptable bigotry that pervades the mainstream debate on Israel-Palestine.... [read more]

World Cup Fever Starts To Cool

The football World Cup is one giant consumerist showcase, argues Steve Jones.... [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]

Whither Iran?

In the wake of the demostrations of 11th February, which saw hard-liners and pro-democracy campaigners alike take to the streets of Tehran, Maziar Razi assesses the balance of forces in Iranian politics.... [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]

Swine Flu and Capitalist Exploitation

Chris Vasey on how big business is capitalising on the Swine Flu outbreak.... [read more]

Stonewall 40 - Our Lost Gay Radicalism

Peter Tatchell believes London's gay community has lost much of its radical edge.... [read more]

We Must Fight to Keep the Post Public

With both mainstream political parties apparently united in their determination to privatise the UK postal system, Mick Brooks makes the case for resisting so-called "part-privatisation".... [read more]

Interview: Greg Maughan, Campaign for a New Workers' Party

Cristina Brooks spoke to Greg Maughan of the Campaign for a New Workers' Party about his views on recent developments in the economic sphere.... [read more]

Banks in Crisis? Take them Over

With politicians and financial experts grasping at straws in their efforts to resolve the worst economic crisis in decades, Mick Brooks outlines the case for the nationalisation of the banking system.... [read more]

World Capitalism Looks Into the Abyss

Socialist Appeal's Terry McPartlan on how the present economic crisis could enhance class consciousnous and provide the impetus for far-reaching social change.... [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]

Gordon Brown and "Light Touch" Regulation

Mick Brooks on how Gordon’s policies left the UK unprepared for the present financial crisis.... [read more]

The Price of Free Speech

A grotesque case of legal bullying using a 13th-Century law shows that in some respects we still haven’t shaken off feudalism.... [read more]

Venezuelan Government Turns Large Estates Into Socialist Production Centers

Tamara Pearson on the Venezuelan government's plan for large-scale, socialised food production.... [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]

Dying for a Coke

Kacie Morgan on the campaign to expose the Coca-Cola company's links with right-wing paramilitary violence.... [read more]

Making a Killing from Hunger

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