Video: Grace Blakeley, Financialization and the Climate Emergency, Nov 24, 2019, 1 hr 30 min

Grace Blakeley – Financialization and the climate emergency

Grace’s talk in Berlin on November 12 in our series “Economics beyond the Swabian hausfrau”.

Grace Blakeley: How the bond vigilantes are holding Argentina to ransom

September 11, 2019

International institutions have allied with bond vigilantes to bludgeon Argentina into imposing policies that benefit investors and harm working people. Read here

Grace Blakeley: The next recession won’t be like 2008’s accelerated crisis – it’ll be long, slow and deep

August 22, 2019

Eleven years on from the crisis of 2008, we are entering a co-ordinated global slowdown, and policymakers must not be complacent. Read here

Renegade Inc with Grace Blakeley,James Meadway – Thatcher’s Museum: Are we living in it?

July 23, 2019

Margaret Thatcher is undoubtedly one of the most divisive characters in British political history. But whatever you think of her, she’s a woman whose economic policies have had repercussions that are felt today. She will […]

Grace Blakeley: The US-China trade war is a distraction from the true failures of liberal globalisation

July 4, 2019

‘The problem isn’t Mexican migrants or Chinese factory workers — it’s the global elite that built an economic model so extractive, exploitative and unstable that it has provoked the kind of nationalist backlash not seen […]

Grace Blakeley: Why the world needs a new financial order

April 12, 2019

Capital mobility has sucked money out of the global South and into financial vortexes such as Wall Street and the City of London. Read here

Posted in 2011 | Leave a comment

Rollback of the Elite by Otto Konig and Richard Detje

The opposition senator Jeanine Anez appointed herself the new “president.” The trigger for the coup was the election on October 20. President Evo Morales was declared the winner with 47% of the vote and a difference of 10 points from ther conservative candidate. The per capita income of the 11 million Bolivians doubled during Morales’ term of office.

Posted in 2011 | Leave a comment

The Exodus from the Mega-Machine by Fabian Scheidler

His book “The End of the Mega-Machine. History of a Failed Civilization” explores the origins of economic power. For 40 years, the global economy has headed into a structural crisis that cannot be explained with the usual economic cycles. This crisis is hidden by growing indebtedness and offers fewer and fewer persons a secure livelihood. Another type of economics could be obliged to the public interest and not to profit.

Posted in 2011 | Leave a comment

Sanctions Are Like Bombs by Harald Neuber

Venezuela is one of 41 states that depends on food assistance to avoid a humanitarian crisis. The US government is copying its blockade policy against Cuba since the beginning of the 1960s. There is hardly any criticism of the US sanctions. Six million households, 60% of the population, are sustained by the food program.

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A Social Change is Overdue

by Christoph Butterwege, Nov 11, 2019.

Social rental housing construction wjhich has been increasingly restricted since the 1980s must be resumed on a grand scale and rapidly promoted to offer low-income earners, single parents and large families a place to stay. A revival of public housing construction would stimulate the activities of cooperative and municipal housing associations.

Posted in 2011 | 1 Comment

Impeaching a President and Impeachment and Corruption by Matthias Rossbach and Mark Tushnet

Resisting “corruption: has occupied the American republic since its origin-along with the search for “virtuous leaders.” The impeachment process was understood as a remedy for corruption. The violation of the people’s trust through abuse of office – the misuse of power for one’s enrichment, the missing orientation in the common good – is the reason for removal from office.

Posted in 2011 | 4 Comments

How Misguided Financial Policy Strengthens the Right-Wing by Jule Gourin Capitalism has shown how democratic processes can be easily evaded. The Chicago boys carried out their radical reform program that was known as shock therapy. This included dismantling social state structures, opening the market to foreign investors and shattering unions. The Pinochet military regime kept the population in a constant state of shock with the terror of arrest waves so the population was too paralyzed to resist the selling off of the public infrastructure and the dismantling of their labor rights.

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The US Tramples on International Law

by Alfred de Zayas, Urs Fasche, Florian Zollmann, and Hans Blix

The US surprise attack on Iraq in March 2003 was a primal catastrophe. International law was eliminated and replaced by the imperial dictatorship of the US. Millions took to the streets. That war happened despite the protests against the planned murder, against the manipulation of public opinion and against the repeated lies about weapons of mass destruction. Those who destroyed a whole people and have over a million casualties on their conscience are not punished in any way.

War crimes and crimes against humanity were committed and not only the crime of aggression.

Posted in 2011 | 2 Comments

The Social State in the Age of Global Capitalism by Michael Kratke and Elmar Altvater

Translator Marc on Oct 28

1.3 million in the Bay Area were in the dark for two days!  Time for nationalizing electricity, for a 3-day work week and time for “Be Kind to Californians Week” redefininig our priforities!   Back in 1930, John Maynard Keyes said 15 hours a week would be enough and he never saw the Internet.  Some say 10 hours a week would be enough if we knew how to use resources!  The great necessities are massive public spending, ending the tax avoidance industry and stock buybacks, restraining micro-second betting, tax havens and insider trading.  Mitch gets an extra $2 million a year thanks to a phone call early in the morning. These are market distortions – not everyone can buy in high frequency trading!  Let me know when the govt wakes up and creates a fair tax policy.  The state should have other priorities than increasing corporate profit!

Posted in 2011 | 3 Comments

Uncle Joe and the Violence of the Liberal Middle by Lukas Hermsmeier

To many, Joe Biden represents the feelings of normality and reconciliation. Many Americans seem to like this mix of nostalgia and reconciliation, a kind of tranquilizer-patriotism. Whoever listens to Biden will hear vague promises, conjurations and Obama anecdotes. But Biden is only doing what Hillary Clinton tried unsuccessfully to do: positioning himself between leftists and right-wing Republicans.

Translator Marc’s note: Oct 22

Biden must surely drop out. He was chairman of the Senate Foreign Relations committee, a nonstop cheerleader for the Iraq War back in 1988. He kept warning of Saddam’s weaponsof mass destruction and they never appeared! Delaware (and NJ) are tax havens according to my research. There’s a building at 1208 Orange Ave in Wilmington with 10,000 mailbox firms. Obama even mentioned that. Then there’s the disastrous Crime Bill with the three strikes you’re out in the Clinton time. Uncle Joe is also called Creepy or Folksy Joe. Try researching that on Google! Couldn’t a moment of remorse or honesty break into folksy Joe’s life?

Bernie wins in a landslide with Elizabeth, Tulsi or Stephen Colbert as VP! Colbert could be the new face and his spirit and humor could surely shame the Twitterer or “Embarrassment-in-chief”. The self-styled “Chosen One” is now a bundle of profanity. That’s what happens when impeachment meets the thin-skinned pathological narcissist and pathological paranoid! Tulsi will get great support after being called a “Russian agent” by Hillary. But would people know that? The corporate media and the way they reduce the campaign to a horse race is just our reality.

Justin Trudeau leads a minority government- after yesterday’s narrow victory!. If he hadn’t conceded on the terrible pipe line, the conservative Sheer would probably head the minority government.

The future is the social state and the poor need a strong state. The state’s public function includes fighting poverty, market failures and market distortions (tax havens, micro-second trading, insider trading and stock buybacks). Bernie speaks of how the richest three men have more wealth than half of the population. Jeff Bezos makes $235 million a day, a half-million a minute and Amazon pays no tax on $12 billion in profit. Bezos makes more in 12 seconds than five or six Amazon workers in a whole year!

Taxation pays for schools roads, hospitals, community centers, water quality, food safety and airwaves. Life goes donwhill when only six corporations own 1500 broadcast stations, 1500 newspapers, 700 publishers etc. We need a political and fiscal revolution from top to bottom and not from bottom to top. The young should have more job choices than the Amazon assembly line or driving Uber cars!

Marc’s note Oct 23

The way forward is opposition!
Unlike a chair, an idea can be shared by a whole people!
What are the arguments against a 4-day work week?
If we knew how to use resources, ten hours a week would be enough!
Rejoice, post-materialists!
Elizabeth, Tulsi or Stephen Colbert would be super VP candidates for Bernie! Why can’t we all rejoice over his speedy recovery? Can’t we let corporations and the rich pay their fair share and not shift their profits to tax havens like Switzerland, Cayman Islands, Delaware and Lichtenstein?
New thinking and new priorities for the era of Nebechednezzar!

October 22 at 4:29 PM ·

Opposition or contradiction is the way forward! With Bernie, we will have a labor policy, a social security policy, a housing policy, an environmental policy, a peaceable foreign policy, an education policy, a health care policy, a science and technology policy and a technology assessment policy!
Unlike a chair, an idea can be shared by a whole people! The future could be open and dynamic and not closed and static!

Translator Marc’s note Oct 24

Time for new ideas, for an active and social state, not an activating and punishing state!

The US could lead the way to a more human future with the 4-day work week, the “Happy Revolution,” a Marshall Plan for Journalism, Education and Research, exchanging roles, future-friendly economics, massive redistribution and post-material qualitative growth!

When Trump returns free school lunches for the one million children, we can negotiate and compromise. Until then, we face Nebachednezzar or Hitler who fills every day with insults and threats, fear mongering, scapegoating, tax fraud, and growing cynicism.

Outwardly we fall apart but inwardly we are renewed. There’s no renerwal when the poor, children, disabled and students are attacked. The Repubs should fade away or face the music for their insider trading, stock buybacks, tax havens and micro-second trading!.

The country needs a progressive revolution after 40 years of corporate rule, tax favors and the enrichment of the top 1%
Why not make Stephen Colbert President and Bernie, Elizabeth or Tulsi the VP choice?

more at,,,,, and

Posted in 2011 | 5 Comments