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I began to experience the crippling power of anxiety in my third year of university. The panic attacks were one thing, but the most horrifying thing about anxiety, the thing that sustains it, is the insomnia. I would wake up in the middle of the night, heart racing, and...
What economic system designs, out of all conceivable ones, might be among the best at helping us meet real needs?
I ran into my friend Rick the other day in a small town near our homes in northern Vermont. He was just coming out of the bookstore, holding a pink plastic bag that, I would soon learn, contained a dozen eggs from his flock of free range hens. After a bit of small talk, Rick...
Poverty as we know it is not and has never been the fate of humanity.
True democracy is a nation of Independent voters. Allegiance to any one political party is putting part of our identities into other people's hands. Selecting our best qualified representatives has been reduced to just another team sport; generations become indoctrinated like...
New research shows that developing countries send trillions of dollars more to the west than the other way around. Why?
A basic income could defeat the scarcity mindset, instill a sense of solidarity and even ease the anxieties that gave us Brexit and Trump
Stewart explains Conservative economic theory in 2 minutes.
The economy is much more than a series of transactions: It’s about our relationships, who and what we think we are, and our view on the meaning of life itself. Our current global economy leaves too many of us struggling, and it is harming Earth’s ecosystems.
In this Viewsnight, anthropologist Jason Hickel asks if economic growth really makes our lives better. He is the author of The Divide: A Brief Guide to Global Inequality and its Solutions.
Instead of fixating on a fight between capitalism and socialism, imagine innovating a future economy that transcends old binaries.
Why infinite growth on a finite planet is impossible, and why the alternative can actually be beautiful.
Important official legal disclaimer: This is a short work of fiction. Any resemblances to real people, people you may know, people you think you may know, etc., is entirely deliberate.
This is a personal look at Community Currencies in Kenya and Will Ruddick. An amazing project that can inspire many of us who try to change the economic system from the botom up. Money creation without interest, locally governed and abundant where it's most needed. If you...
When orthodox economists first encounter the idea of degrowth, they often jump to the conclusion that the objective is to reduce GDP.  And because they see GDP as equivalent to social wealth, this makes them very upset.
Robert Reich explains why we must limit the influence of donors and lobbyists on Washington.
American capitalism has a hate-love relationship with the nation’s schools. On the “hate” side is a stream of complaints from business leaders and organizations about the many students, particularly in city schools, who fail achievement tests, are high school dropouts or, if...
Long-term economic data shows that neither increased investment nor deficit spending can provide sustained economic growth. They only create bubbles. On the other hand, we need growth to save the climate...
“Anthropocene” is a widely proposed name for the geological epoch that covers human impact on our planet. But it is not synonymous with “climate change,” nor can it covered by “environmental problems.” Bigger and more shocking, the Anthropocene encapsulates the evidence that...
Robert Reich explains how expanding the Earned Income Tax Credit would boost wages for millions of working Americans.
Most everyone who’s interested in global inequality has come across the famous elephant graph, originally developed by Branko Milanovic and Christoph Lakner using World Bank data (see below). The graph charts the change in income that the world’s population have experienced...
We have many problems – poverty, unemployment, environmental destruction, climate change, financial instability, etc. – but only one solution for everything, namely economic growth. We believe that growth is the costless, win-win solution to all problems, or at least the...
Robert Reich explains how government policies protect the wealthy and corporations, but leave ordinary Americans at risk.
Book launch: The People’s Republic of Walmart: How the World’ Biggest Corporations are Laying the Foundation for Socialism (Verso, 2019). Since the demise of the USSR, the mantle of the largest planned economies in the world has been taken up by the likes of Walmart, Amazon...
Hou Xueying, a mother from Shanghai, was tired of food safety scares and of a city life disconnected from the land. So she moved her family to the country to learn about sustainable farming. Her parents disapproved; they had struggled to give her a comfortable life in the...
How to live a more sustainable life? This question generates a lot of debate that is focused on what individuals can do in order to address problems like climate change. For example, people are encouraged to shop locally, to buy organic food, to install home insulation, or to...
Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" -- an idea he describes as not only morally corrosive, but also...
Katherine is the Policy and Knowledge Lead for the Wellbeing Economy Alliance. She has over eight years’ experience in various roles with Oxfam GB - as a Senior Researcher for the Global Research Team, UK Policy Manager, and Research and Policy Advisor for Oxfam Scotland.
Watch for free on Tubi.
Reactions against the use of the term neoliberalism have usually taken one of two forms: first, that “neoliberalism” is nothing more than a fevered delusion or a mirage perhaps shared with a few other addled persons, and thus best ignored; and second, that if such a thing...
2014 Book Review: Naomi Klein’s This Changes Everything: Capitalism vs. the Climate
After COVID-19, we can return to stressful disconnected lives and climate catastrophe or we can slow down, scale down and rebuild our connections to each other and to the Earth. On June 21, we hosted an inspiring online festival of ideas and inspiration in celebration of...
What's the problem with unfulfilled technological ideas and ideals? A critical perspective on the blockchain and DAOs that offers a better "Future of Work".
I’ve lived 55 years in the South and I grew up liking the Confederate flag. I haven’t flown one for many decades — but for a reason that might surprise you.
Centuries ago, we collectively experienced nature as a living and spiritual presence. Today, nature is in danger of becoming merely a utilitarian means to an end. Believing nature to be psychologically dead allows industry to freely consume and destroy it. We no longer feel...
A closer look at the economics of Black pop culture reveals that most Black creators (outside music) come from middle-to-upper middle class backgrounds, while the Black poor are written about but rarely get the chance to speak for themselves.
A REVIEW OF JONATHAN LEVY'S AGES OF AMERICAN CAPITALISM
INTERVIEW WITH MICHAEL ROBERTS
Soaring oil prices, energy and food crises on the horizon…is it possible the REAL target of this economic war is us?
The laws of capitalism have elevated the interests of the few above that of the many, but we can rewrite the code and restore balance to society. In this series, Professor Katharina Pistor (@Columbia Law School) breaks down the history, process, institutions, and participants...
Former Secretary of Labor Robert Reich debunks conservative myths about poverty, inequality, and the economy.
The idea that everyone is "paid what they're worth" has proven to be a cruelly effective way to put the blame on workers for not getting ahead — while giving the rich and powerful cover to rig the game for their own benefit. Don't buy it.
A fantastic brainstorming podcast on the future of automation, society and work, and how to ensure automation helps society rather than trigger an unemployment crisis.
A rebuttal of popular perceptions of the United States.
"A masterpiece! By far the most inspiring economics film I have ever seen. This film is a gift to humanity. Everyone should watch it." - Prof. Jason HickelAn intrepid group of economists is on a mission to flip our understanding of the national debt upside down.FINDING THE...
And why the struggle for a new economic paradigm is about to get real
Consider this: thousands of diverse, locally-rooted, grassroots economic projects are in the process of creating the basis for a viable democratic alternative to capitalism.   It might seem unlikely that a motley array of initiatives such as worker, consumer, and housing...
Adam Parsons
In facing up to the many profound crises of our time, we face a conundrum that has no easy resolution: how are we to imagine and build a radically different system while living within the constraints of an incumbent system that aggressively resists transformational change?...
Economic systems include elements of design. Economic systems are not the progeny of happenstance, nor are they beyond our powers, like the sun and moon and stars above. And based on how things have worked out, nor are they the fruit of unimpeachable wisdom. In any case, they...
It’s time to reclaim the mantle of “Progress” for progressives. By falsely tethering the concept of progress to free market economics and centrist values, Steven Pinker has tried to appropriate a great idea for which he has no rightful claim.
As mainstream politics moves to the centre, what has happened to the beating heart of the left? Zoe Williams takes a road trip in search of 21st-century socialists.  Rosie Rogers, political adviser f
Money Puzzles is a documentary film about money and debt and the widespread misunderstanding about what they are and how they function to be found in the media, everyday life and even university economics departments.
Money Puzzles is a documentary film about money and debt and the widespread misunderstanding about what they are and how they function to be found in the media, everyday life and even university economics departments.
The peoples of earlier times prospered from the guidance of simple stories that offered answers to their deepest questions. We need those now more than ever.
Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert...
The fantasies of a faith-based neoliberal economics laid bare
To stop the economy’s advance towards greed and destruction, we need new metaphors and images that inspire a radically different alternative.
It is a sad and ironic indictment on the state of the global Left and the progressive agenda, that the very compelling reasons to support a Brexit have been lost amongst the rightful consternation with the racist views and actions of far Right political forces in the UK and...
Bill Mitchell, Professor of Economics at the University of Newcastle, New South Wales, Australia and a notable proponent of Modern Monetary Theory spoke during the Joan Muysken Lecture on Monday 6 March at the Maastricht University School of Business and Economics
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