Category Archives: Financial Market Capitalism

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

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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

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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

Posted in Alternative Economics, Essays, Financial Market Capitalism, Liberation theology, Reducing Inequality/ Redistribution | Leave a comment

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

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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

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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

Posted in Financial Market Capitalism, Political Theory, Reducing Inequality/ Redistribution | 1 Comment

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

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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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