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Category Archives: Financial Market Capitalism
Trumponomics and Wall Street Rejoices
Trumponomics and Wall Street Rejoices by Rudolf Hickel and Lukas Hermsmeier https://www.indybay.org/newsitems/2018/11/05/18818782.php Economics should be a part of life, not a steamroller crushing creativity and self-determination. The state should serve the public interest and reduce poverty. Instead, private or special … Continue reading
Posted in Financial Market Capitalism, Political Theory
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The Criminality of the Elites
The Criminality of the Elites by Fabio De Masi and Laura Wiesboeck, September 2018 https://www.indybay.org/newsitems/2018/10/03/18817977.php The offenses of the upper classes are hardly publicized. The little are hung while the big can run. People wait in vain for strong interventions … Continue reading
Posted in Financial Market Capitalism, Political Theory
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Finance Capitalism and the Digital Economy
Finance Capitalism and the Digital Economy by Philipp Staab, WiSO 15/2018 https://www.indybay.org/publish.php The financialization of the economy and the rise of the commercial Internet are directly connected… At the beginning of the digital economy, as Marianna Mazzucato and others showed, … Continue reading
New eBooks “Alternative Economics: Reversing Stagnation” edited by Marc Batko, Poverty Returns with Misguided Policy” by Franz Segbers and “Philosophical Reflections on the Economic Crisis: From Obscuristan to Absurdistan” by Marc Batko
NEW EBOOK “ALTERNATIVE ECONOMICS: REVERSING STAGNATION” EDITED BY MARC BATKO, ONLY $3.99, 216 PP Available from Barnes & Noble https://books2read.com/u/mBM6MA?store=bn Available from Scribd https://books2read.com/u/mBM6MA?store=scribd Available from Apple https://books2read.com/u/mBM6MA?store=apple Mainstream market-radical economic theory has led to exploding inequality, cynicism and resignation … Continue reading
Is the Financial Crash 2.0 Coming?
https://www.indybay.org/newsitems/2018/08/31/18817219.php Is the Financial Crash 2.0 Coming? by Isabelle Bourboulon, 2018, vsa-verlag.de Market ideology has been on the advance since the 1980s. Only a few voices warned of the risks and instability of the liberalized financial markets. The European states … Continue reading
Capital as Climate Killer
Capital as Climate Killer by Tomasz Konicz, June 2018 https://www.indybay.org/newsitems/2018/07/24/18816555.php The growth pressure of the world economy makes a resource-sparing social order only possible beyond capital. The seeming rationality of capitalist goods production serves an irrational end-in-itself – the multiplication … Continue reading
Interview with Social Philosopher Friedhelm Hengsbach
Interview with Social Philosopher Friedhelm Hengsbach, 2014 https://www.indybay.org/newsitems/2018/07/05/18816326.php The financial markets have uncoupled from the real economy since the middle of the 1970s. Politicians listen and react to every sound from the financial sector. The state allows itself to be … Continue reading
Amazon, the Elephant in the Bookshop
Amazon, the Elephant in the Bookshop by Attac Germany and the Alternative Economic Policy study group in Bremen, Germany, 2018 and 2010 https://www.indybay.org/newsitems/2018/06/26/18816019.php Amazon is one of many examples of a gigantic problem. International corporations shirk from contributing their just … Continue reading
Authoritarian Capitalism and Digital Demagogue
Authoritarian Capitalism and Digital Demagogue by Christian Fuchs https://www.indybay.org/newsitems/2018/06/15/18815689.php Trump is not an individual phenomenon but one of many structural manifestations of the sudden change of neoliberalism into authoritarian capitalism. The media’s profit-mongering intensifies the visibility of rightwing ideology. Enlightenment … Continue reading
The World Dependent on Central Banks by Ernst Wolff
The World Dependent on Central Banks by Ernst Wolff, January 2018 https://www.indybay.org/newsitems/2018/04/12/18808407.php The situation seems extremely contradictory. The economy grows, the stock market posts all-time records, the unemployment numbers fall and industry shows optimism. We live in an exceptional situation … Continue reading