Articles about Money & Economics
1-50 of 285
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...
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...
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...
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.
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...
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...
Five Reasons Why You Never Want to Be rich
If you’re suffering from ‘affluenza’ it’s time to recognize that you’re sick.
Welcome to Marinaleda: The Spanish Anti-Capitalist Town With Equal Wage Full Employment and $19 Housing
With virtually no police, crime or unemployment, meet the Spanish town described as a democratic, socialist utopia. Unemployment is non-existent in Marinaleda, an Andalusian...
Marx Was Right
Karl Marx exposed the peculiar dynamics of capitalism, or what he called “the bourgeois mode of production.” He foresaw that capitalism had built within it the seeds of its...
The Abolition of Work
No one should ever work. Work is the source of nearly all the misery in the world. Almost all the evil you'd care to name comes from working or from living in a world designed...
How Worker Co-ops Are Moving Beyond Capitalism
The explosion of worker cooperatives in recent years has social justice organizers talking. Transitioning to a people-powered economy will require the work of many different...
From Graduation to Garbage Job (literally): One Twentysomething's struggle
 
The Oceans Are Not Worth $24 trillion
Some things are beyond measure and beyond price. No amount of money is enough to compensate for the loss of the sacred. In case you were wondering whether the oceans are worth...
The Asshole Factory
My good friend Mara has not one but two graduate degrees. From fine, storied universities. Surprise, surprise: the only “job” she was able to find was at a retail...
Beyond Capitalism and Socialism: Could a New Economic Approach Save the Planet?
To avoid social, environmental and economic collapse, the world needs to move beyond the standard choices of capitalism or socialism. That’s the conclusion of a new report...
Neoliberalism Is Not an Institution, But Rather a Paranormal Activity (Completely Normalized and Legally Ratified)
Believe you me, neoliberalism is not an institution, but rather a paranormal activity (completely normalized and legally ratified) which operates both in and outside...