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text Driven to Consumption and Money out of Nothing by M. Binswanger, A. Sahr, and B. Milanovic
Growth originally created a material prosperity about which earlier generations could only dream. However, more economic growth does not lead to people being happier anymore. We are prisoners of a system that forces us to permanent growth. Banks create credits at the touch of a button, wages stagnate, schools decay and Goldman Sachs is in the government. Who benefits from this?...
Posted: Mon Dec 10, 2018 4:48AM
text The Death of Small Businesses in Big Cities, Explained by Rebecca Jennings and Jeremiah Moss
Not even shopping locally can save your favorite mom-and-pop — the problem is much, much bigger than that. The legendary punk record store Bleecker Bob’s in 2008. The store closed in 2013 due to high rents and was replaced by a frozen yogurt chain....
Posted: Wed Nov 28, 2018 7:39AM
text Video: Beautiful Country Burn Again, 39 min by Ben Fountain
October 13, 2018 Beautiful Country Burn Again Ben Fountain recounts the 2016 election and explores where he thinks the country is headed today....
Posted: Sat Nov 10, 2018 2:10PM
text Trumponomics and Wall Street Rejoices by Rudolf Hickel and Lukas Hermsmeier
Economics should be a part of life, not a steamroller crushing creativity and self-determination. The state should serve the public interest and reduce poverty. Instead, private or special interests are in the driver's seat. Trumponomics is a disaster that is really a sleight of hand. $8 trillion was given to the super-rich. The poor, seniors, children and students are attacked....
Posted: Sat Nov 10, 2018 12:56PM
text Trumponomics and Wall Street Rejoices by Rudolf Hickel and Lukas Hermsmeier
Economics should be a part of life, not a steamroller crushing creativity and self-determination. The state should serve the public interest and reduce poverty. Instead, private or special interests are in the driver's seat. Trumponomics is a disaster that is like a sleight of hand. $8 trillion was given to the super-rich. The poor, seniors, children and students are under a vicious attack....
Posted: Mon Nov 5, 2018 3:40AM
text Stop Scabs, Supplies & Services Deliveries to Struck Hotels by All Day, All Night
At 7:45 a.m. this Sunday morning, 10/21/18, a long distance charter bus delivered scabs to the Marriott at Sutter & Powell, SF, by dropping them off on Bush Street at Powell, so they could easily walk into the side entrance on Powell, with no pickets to face. That must change now. We need mass picket lines, increased by all friends of labor, at all entrances to stop scabs, supplies and services deliveries to struck hotels....
Posted: Sun Oct 21, 2018 10:26AM
text SF Hotel Picketline Support Needed by All Day, All Night
The way we will end the Trump/Pence Regime, defeat the war machine, end homelessness, achieve free medical care for all, raise the education level, and much more is by supporting labor....
Posted: Tue Oct 16, 2018 7:56AM
text The Big Lie and the 8-Hour Day by Andre Losing and Stephan Kroll
All personal and corporate success depends on state investments in roads, schools, hospitals, libraries, food safety, water quality, clean air and airwaves. The Internet, touch-screen technology and GPS originated from state risk-taking. The state becomes corrupted when it turns away from public interest and reducing poverty and becomes the plaything of private or special interests. 8-hour day is 100 years old...
Posted: Tue Oct 16, 2018 5:10AM
text Finance Capitalism and the Digital Economy by Philipp Staab
The financialization of the economy and the rise of the commercial Internet are directly connected... At the beginning of the digital economy, as Marianna Mazzucato and others showed, was an investing state that took over the installment financing for the large majority of base innovations of digitalization as an initial risk capitalist. Financialization describes the change of the capital accumulation model....
Posted: Fri Sep 21, 2018 9:41AM
text Steer clear of work morality! by Steffen Nikolai Boddin
The change must begin with a fundamental collective questioning of our world of work and work morality. The main point is giving everyone the chance to find meaning and identity outside the world of work and to develop more freely. Burying our work fetish is the first step of the liberation of the individual from the straitjacket imposed on us by the performance-oriented society....
Posted: Sun Sep 9, 2018 5:07AM
text Is the Financial Crash 2.0 Coming? by Isabelle Bourboulon
Market ideology has been on the advance since the 1980s. Only a few voices warned of the risks and instability of the liberalized financial markets. The European states mobilized 4.5 trillion euros to prevent their banking system from collapsing. After they profited from the generous bailout packages, the banks began to speculate against the most indebted countries....
Posted: Fri Aug 31, 2018 3:02AM
text Against Market Radicalism by Christa Luft
Capitalism is not "the end of history" as the American Francis Fukuyama postulated in 1992. The system question is open! The economy should be re-embedded in society. What seems rational in micro-economics collides with the irrationality of maximum profits as an end-in-itself. Capitalist elements could be implemented in a socialist economy. A paradigm shift is necessary....
Posted: Mon Aug 6, 2018 3:59AM
text The System Question as a Survival Question by Tomasz Konicz
A fundamental social alternative to the permanent capitalist chaos is sought. A rational social discourse on system alternatives would be an antidote to populism and to the irrational identity-mania that spreads in crisis times. The public discusses headscarves and leather trousers while late capitalism sinks in crisis....
Posted: Wed Jul 18, 2018 8:51PM
text The (Temporary) End of Globalization by Fabian Fritzsche
Protectionist measures could lead to losses of prosperity and increase the pressure to introduce more measures. This danger exists. Before the 2008 crisis, world trade grew over 6% per year (now 2%). Growth will decline again through the trade war. Why must US consumers pay more for imports from the EU? Why should European consumers be punished with higher prices for US imports? These questions aren't even discussed....
Posted: Mon Jul 9, 2018 2:59AM
text Amazon, the Elephant in the Bookshop by Attac and Alternative Economic Policy group
Amazon is one of many examples of a gigantic problem. International corporations shirk from contributing their just share to financing the community. Complicated corporate structures enable exploiting loopholes and differences in the law. They are supported by hosts of advisers and lawyers who have created a "tax avoidance industry."...
Posted: Tue Jun 26, 2018 3:40AM
text Austerity Policy as Momentous Mistake by Philipp Heimberger
The IMF's austerity policy of the last years was misguided. That austerity policy led to intensified growth declines and increasing unemployment and did not reach its goal of permanently calming the financial markets. Public investments could raise economic growth both in the short- and long-term. State expenditures have a considerable influence on employment and growth....
Posted: Tue Jun 12, 2018 5:16PM
text Neoliberalism and Authoritarianism - A Symbiotic Pair by Sebastian Dittrich
Rightwing populist parties mix the conventional authoritarian political style with neoliberal economic ideas emphasizing the free unregulated market and the sleek but strong state. For Hayek, the value of a political system is measured by how well it secures liberal freedoms. Interest-groups like unions allegedly threaten democracy and force a socially just redistribution policy on the wealthy minority....
Posted: Sun Jun 10, 2018 7:46AM
text Neoliberalism or New Freedom for Corporations by Ulrich Spangenberger
"The interests of merchants always differ from public interests. As a rule, they are interested in deceiving and misusing the general public" (Adam Smith). Keynes established that the market alone cannot ensure prosperity for everyone. A redistribution of income from top to bottom and regulatory state action are necessary. Public policy means compromise and isn't a sledgehammer slashing everything but the military....
Posted: Wed Jun 6, 2018 5:25AM
text CCSF AFT 2121 Union Officials Organize "Victory Rally" Before Proposed Contract Explained by repost
The AFT 2121 union officials have organized a victory rally for a contract before it is even explained to the members....
Posted: Wed May 9, 2018 10:09AM
text Pesticide Use Near Record High in California, Monterey Numbers Concerning by Californians for Pesticide Reform
Use of cancer-causing fumigant pesticide on the rise for Monterey strawberries...
Posted: Wed Apr 25, 2018 3:36PM