Economics
Posted inEconomics / ToMl
The Italian Banking Crisis would complete Europe’s “Doom Loop.”
Italy’s repeated attempts to stave off a full-blown financial crisis and breathe life back into its moribund banking sector can be summed up in four … The Italian Banking Crisis would complete Europe’s “Doom Loop.”Read more
Posted inEconomics / ToMl / Worker
Sweden’s Six-Hour Working Day
“The establishment of a normal working-day is the result of struggle between capitalist and labour.” — Karl Marx, Das Kapital, Ch 10 Lengthy hours of … Sweden’s Six-Hour Working DayRead more
Posted inEconomics / ToMl
The Politics of Negative Interest Rates
Objects of desire come at a cost. Only bad things, like toxic waste, have a negative price, the equivalent of a fee payable to anyone … The Politics of Negative Interest RatesRead more
Posted inEconomics / ToMl
Finance is Not the Economy
Abstract: Conflation of real capital with finance capital is at the heart of current misunderstandings of economic crisis and recession. We ground this distinction in … Finance is Not the EconomyRead more
Posted inClimate Disaster / Economics / ToMl
Millennial generation as guinea pigs since the Reagan era
A new study has found that without action on climate change, the millennial generation as a whole will lose nearly $8.8 trillion in lifetime income … Millennial generation as guinea pigs since the Reagan eraRead more
Posted inEconomics / ToMl
Dollar Disaster Looms?
Russia leaves the Dollar based monetary system and adopts a system of Sovereign Currency. The implications are phenomenal! “In 1990 the first priority of Washington … Dollar Disaster Looms?Read more
Posted inEconomics / Prison / ToMl / USA Empire
U.S. Government to End Use of Deadly, Costly, Negligent Private Prisons
the Justice Department announced it plans to phase out the use of privately run federal prisons. In a memo describing the policy shift, Deputy Attorney … U.S. Government to End Use of Deadly, Costly, Negligent Private PrisonsRead more
Posted inEconomics / Strike / ToMl / Worker
Deliveroo strikes: collective bargaining in the tech age
Today, Deliveroo drivers are celebrating a partial-win. Following 6 consecutive days of striking, drivers across London have forced the company to backtrack on part of … Deliveroo strikes: collective bargaining in the tech ageRead more
Posted inEconomics / Inequality / ToMl / USA Empire
Wealth of richest 400 Americans surges to $2.29 trillion
The wealthiest 400 people in the United States had their combined net worth grow thirteen percent to $2.29 trillion this year, amidst a surging stock … Wealth of richest 400 Americans surges to $2.29 trillionRead more