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15 min
Organizations are often run according to “the superchicken model,” where the value is placed on star employees who outperform others. And yet, this isn’t what drives the most high-achieving teams. Business leader Margaret Heffernan observes that it is social cohesion — built...
It isn’t just poor people’s lives which differ from rich people’s lives – it's poor people's thoughts that differ from everyone else's.
Carmen Rios
More people lately are identifying capitalism as the underlying cause of our current global troubles and crises. That’s certainly positive: the first step toward cure is a proper diagnosis. But most of the approaches being offered to treat the problem are placebos, an endless...
Stephanie McMillan
The notion of “externalities” has become familiar in environmental circles. It refers to costs imposed by businesses that are not paid for by those businesses. For instance, industrial processes can put pollutants in the air that increase public health costs, but the public...
David Roberts
Despite research telling us it’s a really bad idea, many of us end up working 50-hour weeks or more because we think we’ll get more done and reap the benefits later. And according to a study published last month involving 600,000 people, those of us
Bec Crew
Corporate data from numerous sources, including annual reports directly from the companies themselves, has been merged and matched and managed into two spreadsheets that reveal state-by-state corporate tax avoidance. The results show how people all over America are being...
Paul Buchheit
It’s a cliché of feminist media to bemoan the “time bind” that keeps women tied to the double duties of working and parenting. The solution offered to this problem, however, often boils down to simply working more. “Don’t lose sight of your goals!” “Lean in!” As if liberation...
Madeleine Schwartz
84 min
To mark The Nation's 150th anniversary, John Nichols was joined in conversation by the eminent radical intellectual Noam Chomsky at the Tucson Festival of Books in Arizona on March 15. Discussing issues ranging from media accountability and voter participation, to money in...
8 min
Bernie Sanders talks about the one issue the billionaire class wants us to avoid discussing.
3 min
“We got sidetracked and diverted into these boxes, these cubicles in offices,” says Joe Rogan. “So instead of investing your time in a passion, you’ve sold your life to work for an uncaring machine that doesn’t understand you. That’s the problem with our society. And what’s...
A former hedge fund manager turned pharmaceutical businessman has purchased the rights to a 62-year-old drug used for treating life-threatening parasitic infections and raised the price overnight from $13.50 per tablet to $750.
According t
Tom Boggioni
2 min
The top 25 hedge fund managers make more than all kindergarten teachers in the country. Yet they pay a lower tax rate because of something called the carried interest tax loophole, which is basically a government subsidy for millionaires and billionaires!
If we closed this...
With news this week that one in seven over 70 year olds are using their pensions to pay off their mortgage debt, the prospect of home ownership has got a whole lot less appealing. The fact that so many people
Alice Martin
Numerous US media outlets recently uncritically echoed a methodologically flawed report by an anti-immigration organization with ties to white supremacist groups (FAIR.org, 9/4/15). Beyond this serious problem, however, lies a larger and more endemic issue in media: an...
Ben Norton
"With a swelling slave population, the masters faced the prospect of white freedmen with disappointed hopes joining forces with slaves of desperate hope to mount ever more virulent rebellions. The elites’ race strategy decreased the probability of such class rebellions. The...
Thandeka
3 min
Yanis Varoufakis talks to Paul Mason about Jeremy Corbyn, Labour, the media and capitalism.
92 min
Global Capitalism: Monthly Economic Update Richard D. Wolff Wednesday, September 9, 2015 at 7:30pm Market Chaos and Capitalism's Instability Judson Memorial Church Assembly Hall.
Learn how to turn any business into a worker-owned cooperative with this checklist.
Cat Johnson
The long-suppressed 'Trump: What’s the Deal?' is now available to be streamed online.
Sola Agustsson
4 min
Find out how anchor institutions like hospitals and universities can help worker cooperatives create green jobs in the neighborhoods that need them most.
Author and humourist PG Wodehouse once wrote that “it is never difficult to distinguish between a Scotsman with a grievance and a ray of sunshine”. He was absolutely right when it came to American presidential hopeful and property mogul Donald Trump’s attempts to insinuate...
Gavin Foster
Slavery made America wealthy, and racist policies since have blocked African American wealth-building. Can we calculate the economic damage?
Tracy Loeffelholz Dunn anJeff Neumann
A thought for Labor Day: In the not-too-distant future we might wait around for a package delivery, hurry off to class, grab a taxi downtown, meet the family for dinner, and then take the train home. All without being served by a single human being. No delivery person, no...
Paul Buchheit
Here’s an experiment to try this holiday weekend. Quiz your friends, family and acquaintances on the meaning of Labor Day. You might be surprised by the answers you hear. To many, the true meaning of Labor Day has been unfortunately lost―it’s merely a three-day vacation...
Ralph Nader
What will happen when the state collapses? Will society descend into lawlessness, or can we seize the opportunity to let our human potential flourish?
Joseph Todd
A tax on Wall Street traders would tame risky bets on the stock market without disrupting America’s economy.
Douglas Cliggott
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
Maria Sanchez Diez
2 min
If you want to do more than just feel good, ask the Big Questions about poverty and we can expose its root causes and get real answers about how to stop creating it.
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 corporate-government banking systems and central bank notes.
John Vibes
The ideological and physical hold of American imperial power, buttressed by the utopian ideology of neoliberalism and global capitalism, is unraveling. Most, including many of those at the heart of the American empire, recognize that every promise made by the proponents of...
Chris Hedges
Not to be outdone, thousands of anti-war protesters make their presence known at the event.
Billy Briggs
Focusing on privilege diverts attention away from the real villains.
Connor Kilpatrick
Rather than creating an individualized “culture of giving,” we should be challenging capitalism’s institutionalized taking.
Mathew Snow
11 min
The Former US Secretary of State Hillary Clinton has dubbed the TTIP an "economic NATO," comparing it to the North Atlantic Treaty Organization military alliance. Over the last two years WikiLeaks has published chapters from two other secret global trade deals, including the...
How all three are surprisingly connected
Scott Santens
3 min
Donald Trump's comments on immigration have added fuel to an ongoing debate. But what are the real facts (and myths) about immigration?
With the nation’s household debt burden at $11.85 trillion, even the most modest challenges to its legitimacy have revolutionary implications.
Charles Eisenstein
Addressing income inequality is important, but worsening economic segregation has far more compounding effects.
Richard Florida
4 min
Jeremy Corbyn wants to print money to invest in the UK. He's calling it "People's Quantitative Easing". Rivals like Yvette Cooper say he's talking nonsense but Paul Mason thinks PQE might not be as crazy as some are making out...
4 min
Noam Chomsky on the relationship between capitalism and democracy. Deleted scene from the documentary "Can We Do It Ourselves?"
The richest Americans not only steal more wealth through white-collar crime, but their crimes also lead to more deaths.
Zaid Jilani
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 political engagement, revolutionary love and serious historical research. But then Akala is not your...
Dan Glazebrook
8 min
With this film, I'm trying to tell a wider story about what is happening to my city through the inspiring words and passion of Vanessa Garrett, owner of Food For Thought in Covent Garden, London. I first visited the restaurant with my mother in the 80's and it has remained...
4 min
The neoliberalist capitalist model has resulted in civil wars and economic disaster, and it’s only going to get worse. Unless, Paul Mason argues, we take advantage of the technological revolution we are living through and create a postcapitalist sharing society. If we let...
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 since gone viral. But instead of getting angry that his skilled job only pays him the same amount, he...
Craig Carilli
Job sharing and increased leisure are the answer to rising unemployment, claims thinktank
Heather Stewart
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 current market price of RBS’ shares, and miles below the 502p a share that was paid to bail out the bank.
Christine Berry
9 min
Is the crisis in Greece solely due to government overspending and irresponsibility? Are the Greek bailouts intended to help the Greek people recover from their "self-inflicted" economic crisis? Think again. Here are some things you're not being told about the Greek crisis.
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 industrial civilization — she tells two vastly distinct stories of our future.
Nafeez Ahmed
Leopold Kohr warned 50 years ago that the gigantist global system would grow until it imploded. We should have listened
Paul Kingsnorth
25 min
A conversation about capitalism with two brilliant minds, Cornel West and Richard D. Wolff, together in a rare joint appearance. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and author most recently of Capitalism's Crisis Deepens: Essays...
26 min
Sanders and Socialism. Is socialism still an American taboo? Not so much, says professor Richard Wolff; nor was it in the past, says Nation columnist John Nichols. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and a Visiting Professor in...
2 min
Most living expenses have gone up in price since 1980 (even when you adjust for inflation). That includes cars, homes, education - almost everything, except for our paychecks. Here's why paying for a house, a car and a college degree was possible in 1980 - but not so much today.
Bottom up? Top down? Improvisation is the key to a middle way.
Keith Harrington
“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...
Dr. Glen Barry
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
Paul Mason
3 min
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'.
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.
Corporate Europe Observatory
3 min
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
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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.
Theodoros Karyotis
3 min
Corporations and individuals are suspected of hiding $21 trillion in taxable income. How do they do it? AJ+ will tell you.
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...
Chris Hedges
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...
John Pilger
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.
Harry Lambert
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...
Thomas Piketty, Jeffrey Sachs, Heiner Flassbeck, Dani Rodrik and Simon Wren-Lewis
Rather than resolving the euro crisis, Tsipras’ unexpected U-turn has revealed deep conflicts among the creditors, who now fight over how to respond.
Jerome Roos
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
Alain Badiou
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
George Monbiot
Disappointment reigns as ISDS-lite gets the nod in Strasbourg
Guy Taylor
Is imagining a better economic/political system a necessary step in making it happen?
Gary Engler
More training, body cameras, community policing, the hiring of more minorities as police officers, a better probation service and more equitable fines will not blunt the indiscriminate use of lethal force or reduce the mass incarceration that destroys the lives of the poor.
Chris Hedges
3 min
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...
4 min
There are several important variables to the Greek debt crisis that most people aren't talking about.
18 min
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...
3 min
As Angela Merkel and Francois Hollande meet to discuss Greece, the banks teeter on the edge of nationalisation. Paul Mason reports from Athens.
24 min
Exctract from Zeitgeist: Addendum featuring "ecomomic hitman" John Perkins.
The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage.
Yanis Varoufakis
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...
Chris Kanthan
2 min
As the referendum results come in, Paul Mason with an update on the very latest from Athens.
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.
Jerome Roos
3 min
"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...
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."
Michael Nevradakis
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...
Helena Norberg-Hodge
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...
4 min
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.
6 min
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...
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...
Jubilee Debt Campaign
8 min
"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...
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...
Richard D. Wolff
1 min
Columbia University becomes the first major U.S. university to divest from the prison prison industry. It's all thanks to student activism.
The fantasies of a faith-based neoliberal economics laid bare
Robert Parenteau
7 min
A report from the streets of London from the anti-austerity protest on Saturday 20 June 2015. The message - "Don't mourn, organise!"
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 very...
Steffen Böhm
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 Net...
Paul Buchheit
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.
Dennis Weiser
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.
Faramarz Farbod
"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."
Jon Queally
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...
Ben Beach