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Economic Ethics After the Crisis - by Peter UlrichPeter Ulrich is an emeritus professor of Economic Ethics at the University of St. Gallen, Switzerland and author of Integrative Economic Ethics (2008). The economy should be embedded in society; society should not be embedded in the economy. The myth of the invisible hand, the self-correcting or self-healing market, is based on the notion that fulfilling private interests brings the public good. Neoliberal myths must be unmasked and the economy restrained from environmental destruction, expo... Posted: Tue May 21, 2013 5:53AM
Creative Destruction - by Rudolf HickelThe exodus from the casino capitalism producing ever faster and ever deeper crises cannot succeed without a broad and powerful democratic base. Parliamentary democracy is urged to finally take up the struggle around the primacy of politics against the financial markets. Financial markets have nothing to do with the idylle of market competition. Dethroning the financial markets means reducing the speculation businesses. Speculation shopping represents 80% of the world economy while their busin... Posted: Mon May 20, 2013 4:26AM
Obama's Contempt for Venezuelan Democracy - by Stephen LendmanVenezuela Posted: Thu May 16, 2013 12:07AM
Financial Mafia - How Banks and Bandits Endanger our Democracy - by Wolfgang Hetzer and Wolfgang LiebPolitical failure follows market failure. Participation in system criminality is without risk of prosecution. The financial crisis is not only a system failure. It was caused by human actions in the banking sector that are objectively punishable. State authorities helped in a grossly negligent way. Posted: Mon May 13, 2013 5:14AM 
Philippines: Solidarity on May Day with Venezuela's revolution  - by DeLPhiOn this May 1, a day of international working class solidarity, we in the Philippine labor and progressive movement, stand with the Venezuelan working class and the people of Venezuela in their struggle to elect the government of their choice to pursue their demands and goals for Socialism of the XXI century. Posted: Sat May 11, 2013 6:11AM
The State Should Rescue the Market Economy - by Markus MugglinA balance recession is more than a temporary slump of the economy. During a balance recession, private economic actors try to reduce their debts. Debts are minimized instead of businesses taking credits to finance production and maximize profits. The cheap money seeps out on the financial markets. The labor market does not function like other markets. Falling wages did not lead to more employment - as claimed for decades. Posted: Fri May 10, 2013 6:07AM
Local Fights Against Austerity Are Growing Across the U.S. - by Mark VorpahlBetween sequestration, with its damaging impact on workers and the entire economy, and the billions of dollars in cuts to Social Security, Medicare and other necessary social programs that President Obama is pushing, it is evident that the economic policies of both major parties are not intended to promote a recovery for working people. You cannot lift up a nation’s economy while slashing away at its consumers’ pocketbooks. In order to justify their defiance of this elementary law, both R... Posted: Wed May 8, 2013 8:02PM
Who Owns the World? - by Wolfgang SchleyerMost states are so indebted today that their politics are determined more by creditors than citizens. Why can't democracies deal with money? Can we be waiting for the world to join our worldview although adapting our worldview to the world would be more visionary. A minority can routinely enforce its will against the rules of the market economy. Elites are those whose sociology no one dares write, Hans-Jurgen Krysmanski explains. Posted: Wed May 8, 2013 4:59AM
Fannie and Freddie in Good Hands with Mel Watt - by Stephen Lendmanclass war Posted: Wed May 8, 2013 12:03AM
Karl Marx Birthday - by WorkersActionMay 5th was the birth date of Karl Marx, one of humanity’s most influential theorists. Posted: Tue May 7, 2013 8:49AM 
NYACT Activists Carry Out Final Protest of the Academic Year at Google/Cornell-Technion Si  - by NYACTAfter eight bi-weekly protests at which hundreds of leaflets and information sheets have been distributed and petition signatures collected, New Yorkers Against the Cornell-Technion Partnership (NYACT) and friends will today carry out their final protest of the academic year outside Google’s offices in Manhattan’s Chelsea neighborhood. Over the last months, the protests have succeeded in drawing attention to the involvement of Technion in the new applied science and research school, and ... Posted: Tue May 7, 2013 6:18AM
3.000 anarchists march in solidarity to Athens Indymedia & 98 FM  - by @3.000 anarchists in Greece march in solidarity to Athens Indymedia & 98 FM Posted: Sat Apr 27, 2013 4:00PM
Thousands march through Athens in support of IndyMedia and Counter-Information  - by indyradio.nuIn the captial of Greece, thousands marched in support of Independent Media on Thursday. The shutdown of independent media in Athens coincided with a general media blackout of protest throughout Greece during the anniversity of the April 21, 1967 CIA coup that reinstated Fascism in Greece. Students of the National Technical University of Athens continue the struggle to protect their educational system from draconian reductions and protect their freedom of speech Posted: Fri Apr 26, 2013 1:08PM
Society of the Few - by Hans-Peter GensicherPublic opinion tries to get persons going downhill to believe there are chances for everyone. They only need to exert themselves and seize these chances. The leftist variant is that international capitalism must be forced to give all people these chances. With such mottos, one only promotes the self-doubt and despair of the dependent and hinders them from seeing their situation. Posted: Fri Apr 26, 2013 5:59AM |