The Global Fascist Coup: Time To Face Reality
We need to stop making the irrational and unfounded, anti-empirical assumption that the corporate and financial elite are stupid – they are demonstrably sociopathic, but they are not stupid, as…
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Sunday Afternoon Links
This and that for your Sunday reading. – Kate Aronoff writes about the need for a functional and representative democracy to ensure that public demand for climate action is actually…
Don’t Panic: Debt Can Build a Better World
This is an updated version of an article that first appeared in Alberta Views (December issue). COVID-19, this microscopic bug, seems to have upended just about everything. History provides no…
IMF: Raise Taxes on the Rich, Lower Taxes for Everyone Else
Historically, the International Monetary Fund (IMF) argued for lower taxes for everyone, particularly those that need it the least: the wealthy. Due to increases in multiple forms of inequality since…
Saturday Afternoon Links
Assorted content for your weekend reading. – Amadeus Narbutt discusses the uncertain effect of the coronavirus on the global balance of power. And Adam Tooze notes that the U.S.’ damaging…
Friday Evening Links
Assorted content to end your week. – A new IMF working paper confirms the connection between employment deregulation and workers’ share of income. And Jennefer Laidley points out the all-too-imminent…
What Worries Billionaires? You and Me, Us.
Not since the time of the Carnegies, Rockefellers and Vanderbilts at the turn of the 20th century was so much owned by so few I’m pretty sure I’ve never spent…
Toasted, Roasted and Grilled. – Lagarde
IMF chief Christine Legard has added her voice to the call for urgent action on climate change – and growing inequality. “As I’ve said before, if we don’t do anything…
Tuesday Morning Links
This and that for your Tuesday reading. – The Economist examines the latest research showing the amount of money stashed in tax havens is even higher than previously estimated. And…
Thursday Morning Links
This and that for your Thursday reading. – Nathaniel Lewis and Matt Bruenig discuss the relationship between massive inheritances and ongoing wealth inequality. Nick Hanauer makes the case for much…
Greek Leaks Expose IMF Chief Overruling Pro-Debt Relief IMF Negotiator
Filed under: Eurozone crisis, Southern Europe, Uncategorized Tagged: Austerity, Eurozone Crisis, Greece, IMF
Friday Afternoon Links
Assorted content to end your week.- Rick Salutin argues that we need to say no to any more trade agreements designed to privilege corporations at the expense of the public.…
Tuesday Morning Links
This and that for your Tuesday reading.- Greg Jericho is the latest to weigh in on the false promises of neoliberalism:An article in the IMF’s latest issue of is journal…
Sunday Morning Links
This and that for your Sunday reading.- Andrea Germanos follows up on the IMF's realization that handing free money and power to corporations does nothing for the economy as it…
Friday Morning Links
Assorted content to end your week.- Murray Dobbin is hopeful that we may be seeing corporate globalization based on unquestioned neoliberal ideology come to an end: There is no definitive…
Saturday Morning Links
Assorted content for your weekend reading. – Barbara Tasch writes about the IMF’s latest research on growing inequality in developing and developed countries alike. And Michael Krassa and Benjamin Radcliff…
IMF rides to Greece defence with shocking dose of reality
Legarde leads the cavalry to the rescue Despite attempts by the top EU states to suppress its latest report, the IMF, led by managing director Christine Lagarde, has spoken truth…
IMF Demands Debt Relief for Greece
In a rather surprising turn of events today, the IMF has released a statement demanding debt relief for Greece. This vindicates Varoufakis’ position that Greek debt was unsustainable, positions the…
Next Up, Spain
As events unfold over the next few weeks following today’s No victory in Greece there’ll be plenty of people watching in Spain. That country’s Podemos movement promotes a similar sort…
Oxi: a political opening amid economic ruin
This week has been a taste of what the economy would look like with a real rupture with the Eurozone: uncertainty, elite blackmail, banks teetering on the brink and the…