In an apparent rejection of the basic principles of the U.S. economy, a new poll shows that most young people do not support capitalism. The … A majority of millennials now reject capitalismRead more
Economics
Posted inEconomics / Law / ToMl / TPP / Trade / USA Empire
Leaked TTIP documents cast doubt on EU-US trade deal
Talks for a free trade deal between Europe and the US face a serious impasse with “irreconcilable” differences in some areas, according to leaked negotiating … Leaked TTIP documents cast doubt on EU-US trade dealRead more
Posted inBank / Economics / Greece / IMF / ToMl
Bailouts of Greece are Pretense for Massive Payout for German and French Banks
Yanis Varoufakis talking: We began our Democracy in Europe Movement with our comrades in Germany. Everywhere we go in Germany, we have immense support as … Bailouts of Greece are Pretense for Massive Payout for German and French BanksRead more
Posted inEconomics / ToMl
Money without Exploitation
In any given week you’ll find Chong Kee Tan attending meetings in San Francisco with his team of alternative currency advocates, skyping in a call … Money without ExploitationRead more
Posted inEconomics / History / Politics / ToMl / USA Empire / Worker
How May Day was established
Peter Linebaugh talking: it never has yet been established by the establishment. That is, the government doesn’t want to look at May Day. But it’s … How May Day was establishedRead more
Posted inEconomics / Politics / ToMl / USA Empire
The Socialist Alternative
The disintegration of the ruling political parties, along with the discrediting of the established political and economic elites, presage radical change. This change may come … The Socialist AlternativeRead more
Posted inDebt / Economics / ToMl
Fix our debt addiction to fix our economy
Our economy has increasingly been financialized, and the result is a sluggish economy with stagnant wages. Weneed to decide whether to stop the cycle and … Fix our debt addiction to fix our economyRead more
Posted inEconomics / News / Tax
Microsoft avoids £100m in UK tax
Microsoft, one of the world’s richest companies, has avoided up to £100m a year in UK corporation tax by booking billions of pounds of sales … Microsoft avoids £100m in UK taxRead more
Posted inEconomics / Greece / IMF / ToMl
Massive IMF Bailouts are “Ponzi Austerity” Scheme
Yanis Varoufakis talking: we have a stupendous case of the White House spokesman violating the Obama line. When we were elected in January of 2015, … Massive IMF Bailouts are “Ponzi Austerity” SchemeRead more