In a scene from Michael Moore’s 2007 documentary about the failures of the United States healthcare system, Sicko, the late British parliamentarian Tony Benn reads … Don’t Call It Free: An Argument for Investing in the Common GoodRead more
Economics
Posted inEconomics / Finance / ToMl
Why Ratings Agencies are Still a Joke
Whom are they trying to fool? The largest bankruptcy in Brazil’s history occurred on Monday when telecommunications carrier Oi SA threw in the towel. On … Why Ratings Agencies are Still a JokeRead more
Posted inEconomics / Politics / ToMl
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion
The amount of government bonds that sport negative yields – an all-too-real absurdity where bondholders in effect are shanghaied into paying the government for the … NIRP Absurdity Soars after Brexit, Hits $11.7 TrillionRead more
Posted inDebt / Economics / ToMl
Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of Societies
This post is a fitting accompaniment to today’s Brexit vote, since it discusses debtor/creditor dynamics and debtor revolts. The Brexit vote was in many respects … Socrates on Debt and Ibn Khaldun on the Cyclical Rise and Fall of SocietiesRead more
Posted inEconomics / ToMl
Why the Economy Should Stop Growing—And Just Grow Up
Listen to the political candidates as they put forward their economic solutions. You will hear a well-established and rarely challenged narrative. “We must grow the … Why the Economy Should Stop Growing—And Just Grow UpRead more
Posted inEconomics / Finance / ToMl / whistleblower
Swiss whistleblower Rudolf Elmer
Rudolf Elmer, the Swiss whistleblower who has been pursued by Swiss courts for a decade and served over half a year in prison while accused … Swiss whistleblower Rudolf ElmerRead more
Posted inEconomics / Politics / ToMl
The Rise of the Corporatocracy
Transnational corporations are wreaking havoc on financial, economic, social and ecological systems in a creeping colonisation of public life where just 147 organisations now controls … The Rise of the CorporatocracyRead more
Posted inEconomics / Politics / ToMl
The Callous System of Student Debt and the Structure of the “Free Market”
William Hodgkinson: Professor Chomsky, what do you think are some of the root causes of student debt in this country? Noam Chomsky: Well we can … The Callous System of Student Debt and the Structure of the “Free Market”Read more
Posted inCapitalism / Economics / Politics / ToMl
Cracks in Capitalism, Part II: Publicly Owned Energy Comes to London
“Democratizing energy means we can recapture the power from the predatory fossil fuel companies which are destroying the livelihoods of people, especially in the global … Cracks in Capitalism, Part II: Publicly Owned Energy Comes to LondonRead more