Lawrence Summers, the former Treasury Secretary under Bill Clinton, director of the National Economic Council under Barack Obama, president of Harvard, and Chief Economist at … Neoliberal Champion Larry Summers Opens Mouth, Inserts Both FeetRead more
Economics
Why the Fed Needs Public Banks
The Fed’s policy tools – interest rate manipulation, quantitative easing, and “Special Purpose Vehicles” – have all failed to revive local economies suffering from government-mandated … Why the Fed Needs Public BanksRead more
Totality and Capital
David Harvey January 30, 2020 Anti-Capitalist Chronicles [youtube https://www.youtube.com/watch?v=L-LHV5dn7fU&rel=0&feature=relmfu] This is David Harvey and you’re listening to the Anti-capitalist Chronicles, a podcast that looks at … Totality and CapitalRead more
How the Richest 1 Percent Came Out Big Winners in the Covid Relief Bill
Hidden in the bill combining Covid relief and government spending is a cool $200 billion in tax breaks. An estimated $120 billion of those tax … How the Richest 1 Percent Came Out Big Winners in the Covid Relief BillRead more
A Short History of Deficits and Debts
One story jumped out at me today. The Hill reported that as soon as a Democrat is back in the White House, Republicans intend to … A Short History of Deficits and DebtsRead more
How Microsoft Killed Nokia and Harmed an Entire Country
— source techrights.org | 2020/12/27
India Lost $2.8 Billion Owing to Internet Shutdowns in 2020
In 2016, the United Nations condemned internet access disruption as a human rights violation. Despite this, governments across the world have been shutting down citizens’ … India Lost $2.8 Billion Owing to Internet Shutdowns in 2020Read more
Millions Could Lose Homes Amid COVID Pandemic
As U.S. hospitalizations from COVID-19 hit another record high, we begin today’s show looking at the crisis of evictions and how millions across the country … Millions Could Lose Homes Amid COVID PandemicRead more
Trickle-Down Economics Doesn’t Work but Build-Up Does
How should the huge financial costs of the pandemic be paid for, as well as the other deferred needs of society after this annus horribilis? … Trickle-Down Economics Doesn’t Work but Build-Up DoesRead more
India Signs $200m Deal for Israeli SPICE Bombs
India has signed a secretive $200 million deal for assorted Israeli materiel, similar to innumerable defence-related procurements it has previously sourced from Tel Aviv following … India Signs $200m Deal for Israeli SPICE BombsRead more