Category Archives: Financial Market Capitalism

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

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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

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Radical Changes for a Sustainable Economy

From my research, $18 trillion (the amount pumped into the economy to bail out the banks), $214 billion (the amount corporations have spent buying back their stock) and 3 billionaires owning more than 150 million in the US stand out. … Continue reading

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Prohibiting Micro-Second Betting on the Exchanges

Prohibiting Micro-Second Betting on the Exchanges by Urs Gasche, Marc Chesney & Thomas Bieger https://www.indybay.org/newsitems/2018/04/09/18808356.php The financial sector that has gone off course should serve the real economy again in the future. The exchange functions like a gigantic casino with … Continue reading

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The Struggle against Aggressive Tax Avoidance

The Struggle against Aggressive Tax Avoidance by Karl-Martin Hentschel (2016) and Christopher Berker (2008) https://www.indybay.org/newsitems/2018/03/27/18807926.php Experts estimate that a fifth of world wealth is hidden from the tax authorities of states and considerable parts of international corporate profits are not … Continue reading

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Trump – Hard as Steel by Tomasz Konicz

Trump – Hard as Steel by Tomasz Konicz, March 3, 2018 https://www.indybay.org/newsitems/2018/03/19/18807512.php America’s right-wing populist president Donald Trump seems resolved to permanently reduce the enormous American trade deficit through penal duties – at the expense of the export-fixated German political … Continue reading

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“Crash on the Horizon” by Stephan Schulmeister

“Crash on the Horizon” by Stephan Schulmeister, Freitag 08/ 2018 https://www.indybay.org/newsitems/2018/03/16/18807447.php The systemic reasons for the crisis are more important than a sudden fall in prices. Stocks are held on average 22 seconds, not 6 months or ten years. Real-capitalism … Continue reading

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Crisis 2.0: A Policy for the 99% by Hans Baumann

Crisis 2.0: A Policy for the 99% by Hans Baumann, Beat Ringer, Hans Schappi and Johannes Wickli, 2011 https://www.indybay.org/newsitems/2018/03/14/18807372.phpThe capital surpluses are a constant source of speculative waves and manoevers regarding securities and currencies..The crisis of state finances is mainly … Continue reading

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Lori Wallach and Michael Hudson Debate Trump’s Plan to Impose Steel & Aluminum Tariffs, 37 min

Lori Wallach and Michael Hudson Debate Trump’s Plan to Impose Steel & Aluminum Tariffs DemocracyNow.org, March 8, 2018, 37 min https://www.democracynow.org/2018/3/6/lori_wallach_and_michael_hudson_debate Video: How Democracies Die, 1 hr 12 min, 1/31/18 https://www.c-span.org/video/?440037-1/how-democracies-die Civil society and people-power counter abusive power! Don’t let … Continue reading

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Trump Signs Massive Spending Bill as Stock Market Tanks

Maybe Trump should be called the bankruptcy president taking billions from K-12! Corporate wealth at the expense of the future! The $6 or $8 billion should be returned to HUD. Only hypocrites and scoundrels would punish public housing, an achievement … Continue reading

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