From Ian’s October 6 blog entry : This is the second collation of articles on why our world is what it is, and how we can change it. Some of these articles are old, as I don’t write as much as I used to about economics because the decision points for avoiding a completely lousy [...]
Carmen Segarra, 41, said she began recording meetings because she couldn’t believe how the regulators bowed and scraped to the behemoth investment bank. The tapes were released to ProPublica and This American Life.
New York Daily News, By Ginger Adams Otis, September 27
A fired financial regulator whose job was to oversee Goldman Sachs for [...]
The Scots got sick and tired of Thatcherite policies imposed from London.
The American Prospect, By Robert Kuttner, September 23
Why on earth did the Scots, largely quiescent as part of Great Britain for three centuries, suddenly become the mouse that roared?
It wasn’t because they became besotted watching re-runs of Braveheart or Rob Roy, [...]
It seems like so very long ago, many of us here at The Agonist gave up on Barack Obama. It was long ago – six years now – which is a long time considering the progress the United States could have made had Obama been the leader he promised to be. My disillusionment was almost [...]
CBC, By Kristy Kirkup, July 3
Trade officials from Canada and other Asia-Pacific nations are meeting behind closed doors in Ottawa to discuss the Trans-Pacific Partnership, a massive free-trade proposal that could create one of the world’s largest trading blocks.
The TPP currently comprises 12 countries, including Canada, Australia, Brunei, Chile, Japan, Malaysia, Mexico, New [...]
Reuters, By Nandita Bose & Rajesh Kumar Singh, June 4
Mumbai, New Delhi – India could allow global online retailers such as Amazon.com Inc (AMZN.O) to sell their own products as early as next month, removing restrictions that have held back competition in one of the world’s biggest, and most price-sensitive, retail markets.
The decision, [...]
Ian Welsh wrote, and we’ve commented, because while Ian provides penetrating analysis, there is no suggestion of solutions, for example those on which Marine Le Pen campaigns, which seem cogent: Restore the Franc, Restore Sovereignty, and Control Multiculturalism.
So I’m back from vacation and I keep seeing this name on my Tweeter and FacePlace feeds: Thomas Piketty.
Sounds vaguely Dickensian.
From what I gathered, Piketty wrote a book which proposes a new economic theory that would put paid to many of the basic notions that support capitalism.
The Baffler, By Chris Lehmann, The Baffler No. 24, 2014
By any reasonable measure, the neoliberal dream lies in tatters.
In 2008 poorly regulated financial markets yielded a world-historic financial collapse. One generation, weaned on reveries of home ownership as the coveted badge of economic independence and old-fashioned American striving, has been plunged into foreclosure, [...]
The White House announced today that the site for the Obama Presidential Library will be built in multiple cities, with multiple wings to the library, to continue the momentum of bipartisanship started under the Obama Administration.
A White House spokesman said :
We’re providing the list of cities and wings we can identify. In keeping [...]
Warren proceeds to calmly recite numbers that could inspire even librarians to storm a few barricades. The Wall Street crash has cost the US economy $14tn, she says, but its top institutions are 30% larger than before, own half the country’s bank assets and are in receipt of an implicit taxpayer subsidy of $83bn [...]
2013 is proving to be a hectic year for corporate lobbyists and free trade advocates, as they frantically flit, like busy bees pollinating succulent orchids, from one global free trade conference to another. And at long last, it seems that their hard work appears to be paying off.
In the last month alone world leaders [...]
Florida Governor Rick Scott may have just one more day to veto Florida’s big-bank friendly foreclosure act, HB 87. Nearly 1,200 Floridians have signed the Veto Florida’s Foreclosure Act Petition, despite indifferent coverage by Florida’s mainstream media. We would know the exact deadline required for the governor’s veto if HB 87 appeared on the governor’s [...]