All over the world today some of its richest people are quivering in their boots.Because for over a month hundreds of journalists have been digging through the so-called Panama Papers, the more than 11.5 leaked documents from the Panamanian law firm Mo… . . . → Read More: Montreal Simon: The Panama Papers: Now You Can Help Track Down Tax Cheats
David Cromwell excels at identifying key points of friction between public and private interests. In this excerpt he examines how higher learning is being bent to fulfil its corporately mandated responsibilities to society. “This [Academia] is a privileged sector where critical thought and enquiry into human society, the natural world and the cosmos ought to […] . . . → Read More: Dead Wild Roses: David Cromwell – On Academic Collaboration with the Private Sector
Wouldn’t it be nice if people, for once, didn’t decide to make money of the misery of others? (I know, I know. Capitalism would collapse the End Times would start, et cetera). One news story that caught my eye was the tomfoolery going on with some Immigration Consultants and their business of getting Syrian […] . . . → Read More: Dead Wild Roses: Syrian Human Traffiking
Today, taxi drivers are demonstrating in Toronto over the city dragging its heels on regulating Uber. Cabbies have also let the politicians at Queen’s Park know how they feel. Ontario also has not moved to regulate Uber. The following post has … . . . → Read More: Joe Fantauzzi: GOOD READING: @camilacore on the political economy of Uber in Toronto
Ontario’s provincial government faces a massive public infrastructure deficit. The province’s own numbers estimate the deficit at “tens of billions of dollars.” Among the high profile components of this deficit is transportation infrastructure. In response, the government says it has invested billions of dollars into transportation infrastructure since 2003. Ontario’s Liberal provincial government is in the midst of a […]
This much is clear: with the NDP’s federal collapse last night, the neoliberal Third Way experiment can clearly be declared a failure. But now what? Now, to build ─ not rebuild on a broken foundation. But also this: pillory me as a post-structuralist if you must, but I’m not here for the construction of any next […]
Almost every week you read in the news about another taxi driver protest against Uber and its drivers. Taxi drivers go on strike, some rage against Uber and attack the drivers or damage their cars. Similar protests – albeit not yet as violent or large – have been made against Airbnb for its effects on […]
Threat of instability and recession in emerging economies, and legacy of debt and disharmony in eurozone among ‘triad of risks’ outlined in stability report
Source: Risk of global financial crash has increased, warns IMF | Business | The Guardian
Filed under: Capitalism Tagged: Financial crisis
A tonic against the slash and burn capitalism we’re supposed to worship.
Filed under: Education Tagged: Capitalism, Environmental Destruction, Supply Chains, Wake Up Call
It is always nice to see the various economic classes looking out for one another. When the assets of the top are threatened, the bottom must suffer. Easy math, really.
This excerpt from an interview with Michael Hudson on Counterpunch.
Peries: Look forward to it, Michael. So Michael, some mainstream news outlets are saying that this is the China contagion. They need someone to blame. What’s causing all of this?
Hudson: Not China. China’s simply back to the level that it was earlier in the year. One of the problems with the Chinese market that is quite (Read more…)
Irving K. Barber Learning Centre Lecture presented by the Vancouver Institute. Webcast sponsored by the Irving K. Barber Learning Centre. Naomi Klein is the author of the critically acclaimed #1 international bestsellers, The Shock Doctrine: The Rise of Disaster Capitalism and No Logo: Taking Aim at the Brand Bullies which have each been translated into more than 30 languages. She is a contributing editor for Harper’s Magazine, a reporter for Rolling Stone, and a syndicated columnist for The Nation and The Guardian.
The post Watch Naomi Klein Talk About Capitalism appeared first on Things Are Good.
As Angela Merkel and her gang of EU stooges and bloated banksters give Greece until Sunday to decide how much more flesh they can carve off its shrunken body. Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt crisis.And Merkel makes it clear she wants as much flesh as possible.At a separate news conference, the German chancellor, Angela Merkel, made it clear that eurozone leaders were determined (Read more…)
An anti-government protest placard is seen outside Downing Street during a march to protest against the British government’s spending cuts and austerity measures in London on June 20, 2015. The national demonstration against austerity was organised by People’s Assembly against government spending cuts. AFP PHOTO / BEN STANSALL
Well, let us pause in complete shock as the Tories institute more cutting of public services and benefits. You may have heard that Austerity is the new black in terms of doing shitty things to societies. Austerity has destroyed Greece and rightly the people of Britain are fighting back.
“Thousands (Read more…)
. . . → Read More: Dead Wild Roses: What was the British Electorate Thinking?
American politicians are particularly prone to invoking their Christian faith as a guide to their political beliefs. Although members of both major parties freely trot out scripture at the drop of a writ, conservative Republicans are especially inclined to pepper their appeals with references to their faith, God and Jesus.
But now they have encountered a rather embarrassing development. Christ
Growth, what growth? Thatcherism fails to produce the goods | Business | The Guardian.
Margaret Thatcher’s policies of privatisation, light-touch regulation and low income tax failed to boost growth, according to a new study that casts doubt on the merits of free market economies.
In a wide-ranging analysis of Britain’s performance in the decades before and after 1979, economists at the University of Cambridge say the liberal economic policies pioneered by Thatcher have been accompanied by higher unemployment and inequality. At the same time, contrary to widespread belief, GDP and productivity have grown more slowly since 1979 compared (Read more…)
Britain to launch national day of action against austerity.
Filed under: Austerity Tagged: Austerity, Capitalism, Protest, UK
Capitalism favours the wealthy and what we have seen this entire millennium is that this is more true than ever. Inequality is on the rise pretty much everywhere, and this is a problem. In this TED Talk, Paul Tudor Jones II, examines the current problematic state of capitalism and how we can rethink it.
Paul Tudor Jones II loves capitalism. It’s a system that has done him very well over the last few decades. Nonetheless, the hedge fund manager and philanthropist is concerned that a laser focus on profits is, as he puts it, “threatening the very underpinnings of society. (Read more…)
The following text was written to accompany the show “Scene Otherwise: recent work by Carole Condé and Karl Beveridge,” which ran from April 17 to May 12 at the Khyber Centre for the Arts, curated by the Anna Leonowens Gallery as part of the Halifax Mayworks Festival.
We live in an age of the foreclosure of the future, when it seems that the forces of profit and austerity have brutally consolidated Margaret Thatcher’s famous dictum “There is No Alternative.”
While the vicissitudes of the capitalist system are still fresh in our mind from the horrific exploitation of poor “sub-prime” (Read more…)