Category Archives: Financial Market Capitalism

Democracy and the Uncanny Power of Money by Harald Schumann

Democracy and the Uncanny Power of Money by Harald Schumann. 10/1/2016 http://portland.indymedia.org/en/2016/12/433913.shtml Growing inequality is the greatest political problem of our time. Governments are often only actors or puppets of an anonymous regime for the benefit of the privileged where … Continue reading

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Bernie is the electable one!

Investor Rights Agreements are not trade agreements and governments that don’t allow agreements to be read by officials or the public should be shamed into economic democracy. Transparency should not be made a nonsense word. If it is made a … Continue reading

Posted in Alternative Economics, Financial Market Capitalism, Reducing Working Hours | Leave a comment

Happy Canada Day! 50% off in July

Happy Canada Day! Imagine a country without Wall Street and the Pentagon! 50% off in July on the new 159-page ebook anthology “Alternative Economics: Reversing Stagnation” from Smashwords.com. Mainstream trickle-down economics is helpless in reversing exploding inequality and precarious jobs. … Continue reading

Posted in Alternative Economics, Financial Market Capitalism, Neoliberalism | Leave a comment

Neoliberalism: Oversold?

Neoliberalism: Oversold? The IMF Reconsiders by Jonathan D. Ostry, Prakash Loungani and Davide Furceri June 2016 4pp – pdf http://www.imf.org/external/pubs/ft/fandd/2016/06/pdf/ostry.pdf Instead of delivering growth, some neoliberal policies have increased inequality, in turn jeopardizing durable expansion Milton Friedman in 1982 hailed … Continue reading

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The state should represent the public interest

The risk managers turned out to be the risk creators! The goat pretended to be the gardener! Corporatists turn private risks into public risks and put the cart in front of the horse and wonder at the destruction! Bernie could … Continue reading

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The Financial Market Crisis in the Light of the Social Market Economy

to read Jorg Althammer’s article, click on http://portland.indymedia.org/en/2016/04/432012.shtml In 2007 and 2008 the US housing market almost completely collapsed. The crisis was brought about by a combination of state- and market-failures that intensified each other. The failure of the capital … Continue reading

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New Ebook Anthology “Alternative Economics: Reversing Stagnation”

New 159-page ebook anthology “Alternative Economics: Reversing Stagnation” by Marc Batko, $2.99 from Barnes & Noble Nook ebooks: http://www.barnesandnoble.com/w/alternative-economics-marc-batko/1123209914?ean=2940157719968#productInfoTabs The time is right for alternative economics, reducing working hours, redefining state and market and re-envisioning work, security, health and strength. … Continue reading

Posted in Alternative Economics, Environmental Economics, Financial Market Capitalism | 1 Comment

Casino Capitalism and Profit Maximization

Casino Capitalism and Profit Maximization by Gunter Grzega and Myth: Public Services Sector is More Inefficient by Sven Hergovicth https://www.indybay.org/newsitems/2015/11/25/18780329.php In the 1960s the average holding time for stocks was 10 years. Now the holding time is not 9 months … Continue reading

Posted in Financial Market Capitalism, Reducing Inequality/ Redistribution, Roosevelt and New Deal | Leave a comment

Offshore Shell Games: $2.1 Trillion in Corporate Fraud, 56 pp

Citizens for Tax Justice, “Offshore Shell Games 2014,” The Use of Offshore Tax Havens by Fortune 500 Companies, June 2014, 56 pp http://ctj.org/pdf/offshoreshell2014.pdf Offshore accounting gimmicks by multinational corporations have created a disconnect between where companies locate their actual workforce … Continue reading

Posted in Financial Market Capitalism, Reducing Inequality/ Redistribution | Leave a comment

Video: 97% Owned – Economic Truth documentary, 59 min

The system is inherently unstable through the financial elite and their something out of nothing ideology. https://www.youtube.com/watch?v=XcGh1Dex4Yo Published on 30 Apr 2012 To join the campaign to democratise money see http://www.positivemoney.org.uk/97per… Watch the sequel: https://www.youtube.com/watch?v=p5Ac7… When money drives almost all … Continue reading

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