Newsitem List
Many Occupiers have expressed a valid concern over the Obama campaign attempting to hijack the Occupy movement. To avoid this pitfall some Occupiers advocate more radical methods, ideas and strategies. But sometimes these tactics create new problems. While swerving safely left of the Democrats’ grasp, some Occupiers have overreached and exited the orbit of most working people, who would otherwise naturally gravitate to the Occupy movement. Some Occupiers dismiss this new worry, viewing the Oc...
Posted: Wed, Dec 14, 2011 1:11pm PST
In a new study, leftist economists from a dozen EU countries criticize the policy of the German government in the EU crisis. Its analysis and the proposed solutions are wrong. Bailing out the big banks in the fall of 2008, the 2009 collapse of economic output and the enormous decline of tax revenues tore deep holes in the budget. The state deficits are not the cause of the crisis. Rather the financial crisis caused the state deficits....
Posted: Wed, Dec 14, 2011 6:26am PST
The Homo economicus is a kind of calculating machine on two legs that incessantly calculates personal benefits and profit. His conduct follows the model of rational expectations and assumes all other persons will follow this model. Incursions of the state should make possible more social equality. Finance-driven capitalism is based on myths and false models....
Posted: Tue, Dec 13, 2011 7:35am PST
The workingclass is moving forward today, December 12, 2011, with a Port of Oakland shutdown, stopping the profits of the capitalist class, the exploitation of the workingclass, for one day. You can follow it at KPFA, 94.1 FM and on Twitter....
Posted: Mon, Dec 12, 2011 6:13am PST
Charles Smith, a delegate from AFSCME Local 444 to the Alameda Labor Council reports on the 12/5/2011 meeting and the battle over solidarity with Occupy Oakland and their call for Oakland Port Blockade on December 12, 2011...
Posted: Fri, Dec 9, 2011 1:56pm PST
The three pending "free trade" agreements portend more unemployment and corporate enrichment. Countries like Argentina have broken with the Washington Consensus (deregulation, privatization and liberalized markets). Free from the bondage of structural adjustment, Argentina has had 6-8% economic growth. The Washington Consensus is a discredited model that encourages corporate enrichment, fast money and capital flight....
Posted: Thu, Dec 8, 2011 6:48am PST
2011 has been an historic year in the U.S. From last winter’s explosion of mass protests in response to the attacks against public workers’ unions, especially in Madison, Wisconsin, to the even more widespread Occupy Wall Street Movement (OWSM), there have been few years in the past decades that demonstrate so clearly the fighting spirit of workers in America when they are forced to defend themselves from corporate attacks....
Posted: Wed, Dec 7, 2011 9:29am PST
Capitalism cannot function any more without credit-financed debt on account of its increasing productivity. The recession will come because the indebtedness-dynamic can hardly be maintained with which the capitalist zombie-economy suffocating in its own productivity is kept alive in its pseudo-life....
Posted: Wed, Dec 7, 2011 6:44am PST
Harry Hopkins, head of the WPA under Roosevelt, created 4 million jobs in 2 months. How many jobs in journalism, health care, education, bridge repair and community centers could be created with the help of the Internet? Solutions are not lacking, only political will. Sharing and redistribution must replace the myths of the self-healing market and corporate beneficence. Democracy and public spirit are sacrificed when corporate profits are identified with community health....
Posted: Tue, Dec 6, 2011 7:44am PST
America’s majority who supported the Occupy Wall Street movement (OWS), within the 99% of all Americans, are being smeared by agent propagandists within the punditry of mainstream media (MSM). For example, Michael Gerson’s black demagoguery, of the closet-right-wing Washington Post, is a good example. In one of his recent columns he declared the OWS movement seems little more than a “…confused set of grievances…” and paints the movement to have little ideological coherence save Marxist social...
Posted: Sun, Dec 4, 2011 3:38pm PST
The Alexander/Mendoza campaign calls for a real jobs program, as well as protecting public sector jobs which have been faltering since the economic crisis began. They say that spending billions of dollars on incentives for businesses doesn’t get the job done – rather they call for the government to create jobs directly....
Posted: Sun, Dec 4, 2011 2:19pm PST
On November 30th, 2011 millions of public sector workers across the UK went on strike against massive cuts in the pension system. The following is a short documentary about the strikes....
Posted: Sun, Dec 4, 2011 7:41am PST
An extraordinary 2 million public sector workers went on strike on 11/30/11 in Great Britain and US nurses picketed British consultates in support of UK nurses. See http://www.nationalnursesunited.org/blog/entry/solidarity-messages-from-the-us-to-the-uk-nov.-30-2011/...
Posted: Thu, Dec 1, 2011 8:22am PST
Economics should be a part of life, not a steamroller crushing self-determination and creativity. Economics changes with the times. Once saving was the elixir and then spending was the elizir. The planet is endangered when growth and/or work become fetishes pursued as ends in themselves. Frank Rotering in "Needs and Limits" discusses the reality of "ecological overshoot."...
Posted: Wed, Nov 30, 2011 7:45am PST
Economists with their models could predict the values of economic variables but did not foresee the greatest worldwide economic crisis in 80 years. Mechanical-deterministic neoclassicism is a self-contained theoretical model offering simple answers. Neoclassicism serves the interests of capital and big corporations, interests that are well-organized and financed....
Posted: Tue, Nov 29, 2011 5:40am PST
The Great Unraveling provokes the Great Refusal (Paul Krugman). The mainstream media pursue their own political goals and only publish what pleases the advertisers. We need information, not indoctrination. The movement comes from below. Occupy could change the whole culture with a new media emerging that does not ignore the life of real America....
Posted: Mon, Nov 28, 2011 6:31am PST
Christian Wulff, president of Germany, spoke at an economics conference in Lindau, Germany, August 24, 2011. The mild-mannered president deplored the violations of the coming generation and urged regulation of the financial sector. Angela Merkel also speaks with passion about the banks' stranglehold over politics....
Posted: Sat, Nov 26, 2011 10:39am PST
Efficiency and prosperity can only be realized on capitalist markets when the economic system is bound in a social order under the primacy of politics. The agenda of democratic legitimated politics and the provision of public goods is derived from the "anatomy of market failure." If a comprehensive policy of regulating the financial markets is not implemented at once, this deregulated capitalism will not be rescued....
Posted: Tue, Nov 22, 2011 1:01pm PST
The Occupy Movement couldn't have come along at a worse time, from the viewpoint of the Democrats. Election season is just getting started and Occupy has thrown a giant wrench into the political machinery. Some labor leaders too are sensing “politics as usual” shifting under their feet; the “get out the vote” for the Democrats may elicit blank stares from the rank and file.
Occupy has the potential to create earthquakes within the labor movement and labor’s relationship to the Democrats, if...
Posted: Mon, Nov 21, 2011 12:39pm PST
Shrinking the financial sector and abandoning neoliberal myths are vital to prevent the next crisis. The authors, German Young Socialists in their 30s, decry the myths that incomes are just, self-interest leads to public interest and economics and politics are separate. US elites seem to prefer flying in jets to studying tax charts and distributive justice, happy seniors and affordable education....
Posted: Mon, Nov 21, 2011 5:57am PST