Articles Tagged ‘Economics’

  • Basic Income and the left: The political and economic problems

    Economic Crisis

    The discussion over BI touches on real political and economic anxieties. The attack on the social welfare state, the depreciating power of organized labour and an economy producing increasingly low-wage precarious jobs have led many to search for alternative mechanisms and policies to address these problems. It is no wonder that BI with its promise of streamlined access to minimal economic security has attracted many adherents on the Left.

  • Richard Wolff: What is capitalism? What is socialism?

    Socialism

    Definitions of capitalism and socialism vary depending on whom you ask. Above the variety of definitions pieced together from misinformation about each system, there are economic definitions we can draw from based on their usage in the past. Richard Wolff defines capitalism and socialism from an economic perspective in a video by acTVism Munich.

  • Alternatives to Capitalism: the Transition Movement meets Degrowth

    Economic Crisis

    Co-founder of the Transition Movement, Naresh Giangrande in conversation with Richard Swift, author of SOS Alternatives to Capitalism and an editor of the New Internationalist Magazine. Brought together in the Caribbean island of Dominica, with Earthbooktv’s Jessica Canham and Timothy Speaks Fishleigh at the Earthbook retreat centre in the mountains of Dominica.

  • A Brief History of Canadian Labour Woes

    Canadian Business

    In addition to a loss of union jobs, globalization also accelerated Canada’s shift from a manufacturing to a service sector-dominated nation, further weakening prospects for organizing. Much of this has to do with precarity, as non-standard work provides employers increased flexibility in scheduling, hiring, lay-offs and firing, acting as tools in employers’ arsenals to fight a drive.

  • Third Coast Pillory: Mexico, Neo-Nationalism and the Capitalist World-System

    USA Politics

    Trump, Bannon, and the rest appear to have a plan to hoard, take, and berate. If this is Mexico’s response, Trump and Co. will surely trample as they see fit. In this new era of neo-nationalist monsters and the coming anew of socialist affirmation, don’t be led astray by defenders of yesterday’s neoliberalism. It is obvious, they have no plan.

  • Justin Trudeau’s giant corporate giveaway

    Canadian Politics

    The transition that Canadians want will require enormous levels of spending—and need to be public and paid for. By strengthening and reinventing the public sphere, the government could unleash a program of mass transit, building renovations, storm barriers, urban redesign and green jobs that reduces emissions, racism and inequality all at once. But pretending the private sector can lead this is a recipe for disaster.

  • World’s eight richest people have same wealth as poorest 50%

    Globalization

    The report added that since 2015 the richest 1% has owned more wealth than the rest of the planet. It said that over the next 20 years, 500 people will hand over $2.1tn to their heirs – a sum larger than the annual GDP of India, a country with 1.3 billion people. Between 1988 and 2011 the incomes of the poorest 10% increased by just $65, while the incomes of the richest 1% grew by $11,800 – 182 times as much.

  • Basic Income: Progressive Dreams Meet Neoliberal Realities

    Economic Crisis

    The model of BI that governments are working on in their social policy laboratories will not ‘end the tyranny of the labour market’ but render it more dreadful. The agenda of austerity and privatization requires a system of income support that renders people as powerless and desperate as possible in the face of exploitation and that won’t change if it is relabelled as ‘Basic Income’.

  • Pope Francis: Capitalism is “Terrorism against all of humanity”

    Economic Crisis

    “All religions want peace; it is other people who want war.” Pope Francis even calls out his own religion, pointing out that Catholicism has its own flaws and its own extremists. We are all equal, and no one religion is the best. And as the Pope himself suggests, all religions point toward the same goal, which is peace. And that’s something I think we can all get behind.

  • ​Neoliberalism: the deep story that lies beneath Donald Trump’s triumph

    USA Politics

    Those who tell the stories run the world. Politics has failed through a lack of competing narratives. The key task now is to tell a new story of what it is to be a human in the 21st century. It must be as appealing to some who have voted for Trump and Ukip as it is to the supporters of Clinton, Bernie Sanders or Jeremy Corbyn.

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