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Biosphere Collapse: The Biggest Economic Bubble Ever
“Horrendous inequity whereby a few hundred people possess half of Earth’s wealth as more than one billion live on less than $1.50/day is evil incarnate and will kill us all… The human family will only avert biosphere collapse if we choose to live more simply, share more with...
The End of Capitalism Has Begun
Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
Greek Doctor Calls Austerity Measures "Crime Against Humanity"
Paul Mason explains Greece's tough third bailout package as the cogs of its economy start to turn again. He meets a doctor whose hospital has had its budget slashed from €19 million to €7 million and who says the deal is 'a crime against humanity'.
8 Infographics Exposing the Extent of Corporate Lobbying on TTIP
Which businesses are pushing most for the proposed EU-US trade deal TTIP? Who’s influencing EU negotiators? Corporate Europe Observatory’s eight new info-graphics reveal the corporate lobby behind the TTIP talks.
Because You're Worthless - Challenging The Current Economic System in 3 Minutes
Poem by Agnes Török on the news of a new Conservative budget. Based on experiences of living in Britain under austerity as a young, queer, unemployed, female immigrant student - and not taking it any more. More info on: www.agnestorok.org Facebook Twitter
Syriza Surrenders: Time for Renewed Popular Resistance
Now that Syriza has caved in to the creditors, the need for grassroots mobilization is more urgent than ever. A new cycle of struggles is ahead of us.
How To Avoid Paying Your Taxes
Corporations and individuals are suspected of hiding $21 trillion in taxable income. How do they do it? AJ+ will tell you.
We Are All Greeks Now
The poor and the working class in the United States know what it is to be Greek. They know underemployment and unemployment. They know life without a pension. They know existence on a few dollars a day. They know gas and electricity being turned off because of unpaid bills...
The Problem of Greece Is Not Only a Tragedy. It Is a lie.
An historic betrayal has consumed Greece. Having set aside the mandate of the Greek electorate, the Syriza government has willfully ignored last week's landslide "No" vote and secretly agreed a raft of repressive, impoverishing measures in return for a "bailout" that means...
Yanis Varoufakis Speaks Out for First Time Since Resigning as Greek Finance Minister
In his first interview since resigning, Greece's former Finance Minister says the Eurogroup is “completely and utterly” controlled by Germany, Greece was “set up” and last week’s referendum was wasted.
Austerity Has Failed: An Open Letter From Thomas Piketty to Angela Merkel
The never-ending austerity that Europe is force-feeding the Greek people is simply not working. Now Greece has loudly said no more. As most of the world knew it would, the financial demands made by Europe have crushed the Greek economy, led to mass unemployment, a collapse...
Greece's Capitulation Reveals Deep Conflicts within Eurozone
Rather than resolving the euro crisis, Tsipras’ unexpected U-turn has revealed deep conflicts among the creditors, who now fight over how to respond.
Eleven Points Inspired by the Situation in Greece
It is urgently necessary to internationalise the Greek people’s cause. Only the total elimination of the debt would bring an "ideological blow" to the current European system. 1. The Greek people’s massive "No" does not mean a rejection of Europe. It means a rejection of the
Greece is the Latest Battleground in the Financial Elite’s War on Democracy
From laissez-faire economics in 18th-century India to neoliberalism in today’s Europe the subordination of human welfare to power is a brutal tradition
Pro-TTIP Report Passes Vote in European Parliament
Disappointment reigns as ISDS-lite gets the nod in Strasbourg
Building a System Better than Capitalism
Is imagining a better economic/political system a necessary step in making it happen?
Corporate Capitalism Is the Foundation of Police Brutality and the Prison State
Our national conversation on race and crime is based on a fiction. It is the fiction that the organs of internal security, especially the judiciary and the police, can be adjusted, modernized or professionalized to make possible a post-racial America. We discuss issues of...
And Dreams Shall Take Revenge
In January 2015 Syriza became the first radical left government in modern Europe. In July its people rejected financial regime change with a resounding No! vote in the referendum. Our cameras were there, from the first election rally to the government HQ on referendum night...
The Greek Crisis - What You're Not Being Told
There are several important variables to the Greek debt crisis that most people aren't talking about.
Economist Richard Wolff on Roots of Greek Crisis, Debt Relief & Rise of Anti-Capitalism in Europe
 As Greek voters reject further budget cuts and tax hikes in exchange for a rescue package from European creditors, who is to blame for the debt crisis embroiling Greece? Is Germany trying to crush Greece to set an example? Will Greece leave the eurozone? What does this mean...
Greek Debt Crisis: 'Banks Will Collapse' without a Deal
As Angela Merkel and Francois Hollande meet to discuss Greece, the banks teeter on the edge of nationalisation. Paul Mason reports from Athens.
Confessions of an Economic Hitman
Exctract from Zeitgeist: Addendum featuring "ecomomic hitman" John Perkins.
Minister No More!
The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage.
Greece - What You Are Not Being Told by the Media
According to mainstream media, the current economic crisis in Greece is due to the government spending too much money on its people that it went broke. This claim however, is a lie. It was the banks that wrecked the country so oligarchs and international corporations could...
Greek Referendum: 'People Power Has Happened'
As the referendum results come in, Paul Mason with an update on the very latest from Athens.
Greece's Referendum: One No, Many yeses!
A victory for OXI (No) would not just help restore a sense of dignity to Greece; it would strengthen the ground for anti-austerity struggles across Europe.
The Greatest War Going On Today Has Been Called The Silent War, Because Few Ever Speak Of It
"There are no bullets, but it's a war in which people are dying... And the principle weapon, is debt." This clip is taken from the beginning of the film War By Other Means (1992), by John Pilger. Watch the full documentary online here. It may be over 2 decades old, but it...
An Economic Hit Man Speaks Out: John Perkins on How Greece Has Fallen Victim to ''Economic Hit Men''
John Perkins, author of Confessions of an Economic Hit Man, discusses how Greece and other eurozone countries have become the new victims of "economic hit men."
Small Loans, Big Problems: The False Promise of Microfinance
Ever since Bill Clinton and the World Bank enthusiastically embraced the microfinance concept in the 1990s, we at Local Futures have been skeptical of its benefits, seeing it as part of a whole package of “market solutions” to our social and environmental crises that, in the...
The Global Economy's "Impeccable Logic"
Ever since the Occupy movement coined the terms “the 1%” and “the 99%” to point out disparities of wealth and power, the gap between rich and poor has received a lot of attention. In his highly-regarded 2014 book, Capital in the Twenty-first Century, for example, Thomas...
A Quick History Lesson about Race, Class, Prisons and You
MIT's Phil Thompson explains how the struggles against slavery and Jim Crow were not just about reaffirming human rights, but also about transforming the economy.
What Is Community Wealth Building?
Traditional economic development wastes billions of dollars of taxpayer money to subsidize the profit of corporations with no loyalty to the communities who foot the bill. But there's an alternative: community wealth building, which focuses on building collaborative...
The IMF Has Made €2.5 Billion Profit Out of Greece Loans
Ahead of the payment of €462 million by Greece to the IMF on Thursday 9 April, figures released by the Jubilee Debt Campaign show that the IMF has made €2.5 billion of profit out of its loans to Greece since 2010. If Greece does repay the IMF in full this will rise to €4.3...
TPP/TTIP/TiSA Grants Banks Terrifying Secret Powers
"In March 2014, the Bank of England let the cat out of the bag: money is just an IOU, and the banks are rolling in it. So wrote David Graeber in The Guardian the same month, referring to a BOE paper called "Money Creation in the Modern Economy." The paper stated outright that...
Socialism Means Abolishing the Distinction Between Bosses and Employees
Regulated private capitalism. State capitalism. Socialism. These three systems are entirely different from each other. We need to understand the differences between them to move beyond today's dysfunctional economies. With confidence waning in whether modern private...
Columbia University Becomes First To Divest From Prisons
Columbia University becomes the first major U.S. university to divest from the prison prison industry. It's all thanks to student activism.
Worshippers of the Almighty Invisible Hand
The fantasies of a faith-based neoliberal economics laid bare
They Cut We Bleed
A report from the streets of London from the anti-austerity protest on Saturday 20 June 2015. The message - "Don't mourn, organise!"
Pope's Climate Letter Is a Radical Attack on the Logic of the Market
What makes Pope Francis and his 183-page encyclical so radical isn’t just his call to urgently tackle climate change. It’s the fact he openly and unashamedly goes against the grain of dominant social, economic and environment policies. While the Argentina-born pope is a...
How to Steal from the Taxpayers While Blaming the Poor
It's a vicious circle of hypocrisy: Americans dependent on the safety net are urged to "get a job" by the same free-market system that pays them too little to avoid being dependent on the safety net.   Theft, Part 1: The Average U.S. Household Pays About $400 for Safety...
Capitalism and the TPP: A Kinder, Gentler Totalitarianism
Corporate propaganda has convinced the populace that government alone is to blame for our problems, rather than recognizing the complete fusion of corporate power and government decision-making.
In the Age of Global Neoliberalism, Solutions Must Come From Below
Global capitalism is the 800-pound gorilla. The twin ecological and economic crises, militarism, the rise of the surveillance state, and a dysfunctional political system can all be traced to its normal operations.
IMF Report Admits IMF's Obsession with Capitalism Is Killing Prosperity
"By releasing this report, the IMF has shown that 'trickle-down' economics is dead; you cannot rely on the spoils of the extremely wealthy to benefit the rest of us."
London: It's Time for a Rent Strike
There are two types of vehicles that strike a particular fear into the heart of London's neighbourhoods: police vans and Foxtons Minis. Synonymous with gentrification, the Foxtons car represents the vanguard of the housing crisis, expanding sky-high rents into fresh...
10 Scholarly Critiques of Capitalism and Imperialism
1. “Capitalism is the accumulation of resources by means of exploitation in the production and sale of commodities for profit. Capitalist exploitation is an unequal exchange wherein capitalists extract income from economic exchanges solely because they hold legal title to...
Iceland Jailed Bankers and Rejected Austerity - and It's Been a Success
Instead of imposing devastating austerity measures and bailing out its banks, Iceland let its banks go bust and focused on social welfare policies. It has now repaid 85 percent of U.K. claims, and the Icelandic finance minister announced recently that all will be settled by...
It's the Planet Stupid!: Capitalism and The Destruction of the Commons
There is a war going on right now between those who are working to protect the commons and the hard-core capitalists, who are working to privatize our economy, culture, ecology, environment and government.
Sixteen Building Blocks of a Green, Entrepreneurial, Cooperative Economy
The transition from a capitalist to a cooperative economy could be one of the defining achievements of the 21st century.
Life After Growth - Economics for Everyone
The economic crash of 2008 revealed not only the frailty and vulnerability of the economic system, it also showed the false basis that the growth economy is built on – the financial bubble grows bigger and crashes bigger, but we don't seem to be getting any happier. To the...
13 Films about Post-Growth Economics
A Post-Growth economy is not only necessary for planetary survival, but will make our lives way better, too. These films explain why.
It's Counterintuitive, but Tax the Rich, Not the poor
Take some money from the wealthy, give it to the poor -- why not do it?
Basic Income: The World's Simplest Plan to End Poverty, Explained
Happy Basic Income Day? May 1st may be better known as International Workers' Day, but some activists are trying to rebrand it. "Labor Day should not be about demanding ‘more jobs’ or higher wages," the official Basic Income Day website explains. "Labor Day should be about...
The Success of the Growing BDS Movement is Generating a Backlash from Israel
BDS, the Boycott, Divestment and Sanctions movement targeting Israel, has gained momentum across American college campuses. In response, anti-BDS efforts have also intensified. Israeli Prime Minister Benjamin Netanyahu is preparing an "offensive" against boycott efforts...
An Introduction To Capitalism
At its root, capitalism is an economic system based on three things: wage labour (working for a wage), private ownership or control of the means of production (things like factories, machinery, farms, and offices), and production for exchange and profit. While some people...
Voluntourist Trap: Volunteer Travel Programs Silence Critics while Luring in Record Numbers of Would-be Volunteers
On April 2, 2015, the Canadian Broadcasting Corporation (CBC) aired the documentary “Volunteers Unleashed” after a controversial reworking of the film in response to threats of litigation from Free the Children, the superpower Canadian non-profit run by the Kielburger family.
Five Reasons Why You Never Want to Be rich
If you’re suffering from ‘affluenza’ it’s time to recognize that you’re sick.
The School of Life: Capitalism
Welcoming and insightful in both approach and tone, this compilation of short videos named Capitalism tackles various aspects of capitalistic ideals from a surprisingly human perspective which often borders on the psychoanalytical. Over a series of breezy and appealing...
Last Week Tonight with John Oliver: Bail
John Oliver explains why America's bail system is better for the reality tv industry than it is for the justice system. 
Economist Juliet Schor: We're In a Structural Crisis
Given the realities of the climate crisis, can we continue to try to grow our way out of economic inequality? 
Marinaleda: A Socialist Utopia in Spain
Marinaleda is a small and remote village of Andalusia, one of the poorest regions in Spain. The town, with a population of 2,700 citizens, has a unique political and economic system of a strong socialist nature. As a result Marinaleda has virtually full employment in...