Introduction: There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and … Venezuela as the pivot for New Internationalism?Read more
Economics
Posted inEconomics / ToMl / Venezuela
The Venezuela Myth Keeping Us From Transforming Our Economy
Modern Monetary Theory (MMT) is getting significant media attention these days, after Rep. Alexandria Ocasio-Cortez said in an interview that it should “be a larger … The Venezuela Myth Keeping Us From Transforming Our EconomyRead more
Posted inEconomics / Politics / ToMl / USA Empire
Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony
The end of America’s unchallenged global economic dominance has arrived sooner than expected, thanks to the very same Neocons who gave the world the Iraq, … Trump’s Brilliant Strategy to Dismember U.S. Dollar HegemonyRead more
Posted inEconomics / Multimedia / ToMl / USA Empire
Another US Housing Bubble?
Michael Hudson SHARMINI PERIES: It’s The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. Just prior to the economic collapse of 2007-2008 … Another US Housing Bubble?Read more
Posted inEconomics / IMF / Politics / ToMl
A radical new vision for the World Bank and the IMF
The World Bank and the IMF are the last remaining columns of the Bretton Woods edifice under which capitalism experienced its golden age in the … A radical new vision for the World Bank and the IMFRead more
Posted inEconomics / ToMl
The Vocabulary of Economic Deception
The aim of classical economics was to tax unearned income, not wages and profits. The tax burden was to fall on the landlord class first … The Vocabulary of Economic DeceptionRead more
Posted inEconomics / Google / News
Google’s Sidewalk Labs Plans to Package and Sell Location Data on Millions of Cellphones
A new initiative from Sidewalk Labs, the city-building subsidiary of Google’s parent company Alphabet, has set out to change that. The program, known as Replica, … Google’s Sidewalk Labs Plans to Package and Sell Location Data on Millions of CellphonesRead more
Posted inEconomics / Multimedia / Politics
The Financialization of Power
David Harvey Anti-Capitalist Chronicles
Posted inEconomics / History / ToMl
Heeding the lesson of the ancients
IN HIS essay “Economic Possibilities for our Grandchildren”, published in 1930, John Maynard Keynes wrote of his hope that, in the future, people would need … Heeding the lesson of the ancientsRead more
Posted inEconomics / ToMl
Who Bought the Gigantic $1.5 Trillion of New US Government Debt Issued over the Past 12 Months?
Under the impact of a stupendous spending binge peppered with juicy tax cuts, the Treasury Department has had to issue a flood of Treasury securities … Who Bought the Gigantic $1.5 Trillion of New US Government Debt Issued over the Past 12 Months?Read more