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Economy

5TH ANNUAL REALLY REALLY FREE MARKET, SUNDAY, OCTOBER 26th

In Our Hearts | The Really Free Market is an open-air bazaar and celebration, where we discard capitalist notions of interaction and have fun trying new models of exchange. The 5th Annual Really Really Free Market will be held on Sunday, October 26th at St. Mark's Church (2nd Avenue between 10th and 11th), from 3pm until 11pm. more...  0 Comments

The Neediest Need Help Like the Banks

Kolja Rudzio | The same state haggles over every bowl of soup for welfare recipients. For banks, billions appeared overnight. There must also be money for higher wages and more social services. When the bailout billions are due, the state must finance them through higher taxes or new debts. more...  1 Comments

"The Financial Crisis has made Heroes out of Rogues"

Ulrich Beck | The state should make the economy more social and democratic. The conversions of Gordon Brown, Angela Merkel and Peter Steinbruick from market fetishism to state optimism were cabaret-style conversions. Democracy should dominate the economy.
more...  1 Comments

This Time Is Different

Stephen Lendman | The growing financial crisis. more...  0 Comments

Movement for Justice in El Barrio Film Series and Panel at Maysles Institute

Movement for Justice in El Barrio | Over the next six months Maysles Cinema, a new theater devoted to documentary film and operated by the Maysles Institute, presents an in-depth examination of communities in New York undergoing change, Rent Control: NYC Documented and Imagined. Movement For Justice in El Barrio, an organization cited by the Village Voice as "the Best Power to the People Movement in NYC," will screen several of their own documentaries and we'll celebrate the 40th anniversary of East Harlem's own Young Lords with Iris Morales' Palante Siempre Palante! (1996) Sunday, Oct. 26 6:00 pm more...  0 Comments

Building Bridges Radio: Afro-Colombian Unionists and Farmers Fight Repression

Ken Nash and Mimi Rosenberg | WBAI's Building Bridges: Your Community and Labor Report
presents this 28 minute radio program.
TO LISTEN CLICK ON WEB LINK BELOW more...  0 Comments

PROTEST Fri Oct 24th at Wall Street!

protest | NYC Friday, Oct. 24 activity: 3:pm to 7:pm At Federal Hall, 26 Wall Street Near Broadway. Come after 6 PM-We'll still be there. Bail Out the People, Not the Banks!

more...  3 Comments

"The American Patient" by Elmar Altvater

Elmar Altvater | Capitalism changed into "finance-driven" capitalism. The profit rate for industrial capital fell in past decades. Washington could be paralyzed under the debt yoke like Japan in the early 1990s. After decades of market idolization, the US has rediscovered political power. more...  0 Comments

Financial merry-go-round

elsa.g | The infamous Bush-Paulson rescue plan for financial institutions in trouble reminds me of the Papua-New Guinea and Vanuatu ‘cargo cults’ when the natives, nurtured on hand-outs from allied air drops during World War II, sat around landing strips waiting for more cargo while engaging in weird worship rituals to attract the planes. more...  0 Comments

Bubbles, Booms and Busts

Mumia Abu-Jamal | Let me tell you what capitalists really think of the notion of "free markets." In 1995, Dwayne Andreas, then-chairman of the agribusiness giant, Archer Daniels Midland, told and interviewer, "There isn't one thing in the world that is sold in a free market. Not one! The only place you see a free market is in the speeches of politicians. People who are not from the Midwest do not understand that this is a socialist society."* 'Free market' is a talking point. The only thing free, is the pain. more...  0 Comments

Anatomy of the American Financial Crisis

Rodrique Tremblay | Can a repetition of the US Great Depression of the 1930s or Japan's more recent protracted recession of the 1990s be avoided? Both were results of a severe banking crisis. The answer is yes, if the vicious cycle of asset price decline and banking credit crunch can be avoided. more...  0 Comments

Great Britain: What is it and where is it going? Part 2

Cailean Bochanan | Rounding off part 1 and offering possible solutions, Bochanan's analysis is, in my opinion, head and shoulders above anything I have read on this critical issue. more...  0 Comments

Great Britain: What is it and where is it going?

Cailean Bochanan | First part in Bochanan's analysis of the financial collapse and it's origins. more...  0 Comments

STOP THE PRO-WALL STREET NAZI FASCISM OF THE MCCARTHYITE MCCAIN – PALIN HORSE!

Doug Cupertino | Like the Nazis the Republican campaign is spreading phobia against Marxism to cover up the Republican and Reaganite coddling of Wall Street capitalism, profiteering and deregulation and for the Bush-Paulsen-McCain bailout of Wall Street. Time to stop politicians plumbing out bail-out profits for Wall Street capitalism! Time for real, socialist, Marxist change! more...  0 Comments

The Philosophies of Deregulation and Neoliberalism are Dead in the West

Joseph Stiglitz | "The patient suffers massive internal bleeding and is given a blood transfusion. The banks lent money and accepted inflated assets as security. This bubble burst. Those who pocketed profits for years want to pin the losses on the taxpayers." more...  0 Comments

G8 emergency summit in NYC.

@ | The reason for the summit is the global economic crisis. more...  1 Comments

WNU #963: Teacher Struggles in Puerto Rico, Mexico

Weekly News Update | Several large operations by federal and local Mexican police from Oct. 7 to Oct. 9 broke up protests by striking teachers and their supporters in Morelos state, south of Mexico City, leaving dozens of people detained or injured. Morelos teachers have been on strike since Aug. 13. more...  0 Comments

"Moment of truth" by Paul Krugman

Paul Krugman | Paul Krugman teaches economics at Princeton University, writes for the New York Times and was awarded the 2008 Nobel Prize in economics. "The Great Unraveling," the title of one of Krugman's books, provokes the Great Refusal. more...  1 Comments

The Brecht Forum: progressive economics

Jamie Lehane | Photos from the event more...  0 Comments

Town Hall Forum on the World Food Crisis This Thursday at Cooper Union!

Teaspoon | Frances Moore Lappe, author of "Diet for a Small Planet" and Raj Patel, author of "Stuffed and Starved: The Hidden Battle for the World Food System" will be among the speakers at Thursday night's national launch of an urgent Call to Action to end the food crisis. Other speakers include Ben Burkett, president of the National Family Farm Coalition, Ladonna Redmond, President of the Institute for Community Resource Development, Pat Purcell of the United Food and Commercial Workers Union and a representative from the Coalition of Immokalee Workers. more...  3 Comments

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