Articles about Money & Economics
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The Dutch "Basic Income" Experiment Is Expanding across Multiple cities
Free cash is in the works for a growing number of Dutch urbanites. After the city of Utrecht announced that it would give no-strings-attached money to some of its residents...
Central Banks Nervous as Alternative Currency with David Bowie's Face Goes Viral
One of the best ways for the general public to take power back is to develop alternative currencies — both local and global — that allow people to trade outside of the...
The Great Unraveling
In times of national crisis and public outrage, strange and dangerous candidates often arise.
War Criminals Gather In London For World's Largest Arms Fair
Not to be outdone, thousands of anti-war protesters make their presence known at the event.
Let Them Eat Privilege
Focusing on privilege diverts attention away from the real villains.
Against Charity
Rather than creating an individualized “culture of giving,” we should be challenging capitalism’s institutionalized taking.
Interview With Paul Mason About How Capitalism Is Going to End
Capitalism is on its last legs and is about to be destroyed by a generation so connected by technology that they have more loyalty to their phone than to their social...
John Oliver, Edward Snowden, and Unconditional Basic Income
How all three are surprisingly connected
"Don't Owe. Won't Pay." Everything You've Been Told About Debt Is Wrong
With the nation’s household debt burden at $11.85 trillion, even the most modest challenges to its legitimacy have revolutionary implications.
America's Biggest Problem Is Concentrated Poverty, Not Inequality
Addressing income inequality is important, but worsening economic segregation has far more compounding effects.
Who Are the Biggest Killers in America? The Numbers Will Shock You
The richest Americans not only steal more wealth through white-collar crime, but their crimes also lead to more deaths.
Rapper-poet Akala: 'Slavery Was Foundation of European capitalism'
Hip-hop, and the entertainment industry in general, is known more for encouraging artists to become one-dimensional caricatures of themselves than for nurturing a culture of...
Britain’s Landed Elite, Backed By Money Earned Through Slavery, Are Using Migrants as Scapegoats
This is Richard Grosvenor Plunkett-Ernle-Erle-Drax, a Conservative Member of Parliament for South Dorset. He lives in Charborough House (pictured above) on his the family’s...
Paramedic's Response to "Burger Flippers" Making an Equal $15/Hour is Beautiful
Jens Rushing, like so many people, took to Facebook to rant about something. Rushing, a paramedic, wrote an angry post about fast food workers winning a $15/hr wage that has...
Cut the Working Week to a Maximum of 20 Hours, Urge Top Economists
Job sharing and increased leisure are the answer to rising unemployment, claims thinktank
RBS Sale: There Is an alternative
The government have fired the starting gun on the sale of RBS. UK Financial Investments has begun selling a 5% stake in the bank at just 330p a share – this is way below the...
Almost Fully Operational: The Mega Cartel Death Star
Racketeering as a Global Business Model You’re like Han Solo. You know there’s an Empire. You’ve got a bad feeling but you can’t quite make out what you’re looking at. You’ve...
Beyond Extinction - Transition to Post-Capitalism is Inevitable
In Margaret Atwood’s powerful essay [It’s Not Climate Change — It’s Everything Change] on the reality of climate change — and its implications for the future of oil-dependent...
This Economic Collapse Is a 'Crisis of Bigness'
Leopold Kohr warned 50 years ago that the gigantist global system would grow until it imploded. We should have listened
Love and Grow Rich
Neither the poor man nor the rich man can get enough of me. What am I?     Money Throughout human history, we've molded the material world around us to provide for our...
The Case for a "Jazz Revolution" Against Corporate Capitalism
Bottom up? Top down? Improvisation is the key to a middle way.
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...
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...
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.
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...
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...
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...
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...
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...
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? To answer this important question it is helpful to consider its antithesis: Is it...
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...
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...
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.
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...
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...
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...
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...
Worshippers of the Almighty Invisible Hand
The fantasies of a faith-based neoliberal economics laid bare
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...
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...
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...
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...
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...
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...