Capitalism has a long, ugly history of scapegoating immigrants. The pattern has been repeated often. For example, British capitalism’s drive to empire helped force the … How Capitalism Perpetuates ImmigrationRead more
Economics
Race Strongly Influences Mortgage Lending
In the two years since the shooting death of Michael Brown in Ferguson, Mo., the nation has come to learn much about the stark socioeconomic … Race Strongly Influences Mortgage LendingRead more
QE 101 (Part 2): How Does the Bank of England Create New Money?
A lot of people can go their entire lives without asking themselves how money is created and where it comes from. On the other hand, … QE 101 (Part 2): How Does the Bank of England Create New Money?Read more
Banking is not an ordinary business
Martin Wolf, Chief Economics Commentator of Financial Times,
Land for the few
Over the last decade, the EU has lost a third of all its small farms, 3% of its farms now own 52% of farm land, … Land for the fewRead more
Data on social inequality, but no solution
A public lecture by French political economist Thomas Piketty, “Is Increasing Inequality Inevitable? Reflections on Capital in the 21st Century,” delivered at the Sydney Opera … Data on social inequality, but no solutionRead more
The gig economy: More than 160 million in US and EU rely on “independent work”
Up to 162 million individuals in the United States and the European Union, or 20 to 30 percent of the working-age population, engage in “independent … The gig economy: More than 160 million in US and EU rely on “independent work”Read more
What’s going on there in Panama?
— source commondreams.org
Why Is It So Hard to Reduce the Pentagon Budget?
Through good times and bad, regardless of what’s actually happening in the world, one thing is certain: in the long run, the Pentagon budget won’t … Why Is It So Hard to Reduce the Pentagon Budget?Read more