Mike Norman Economics

Does a country like Germany actually need a real government and a proper parliament? For global business, at least, the answer is no. Transnational structures have long taken over the tasks of parliaments and governments, telling them what they should do. Politicians, who are officially responsible, are no more than discussion partners and implementers.This is the situation described by commentator Fritz R. Glunk in his new book, "Shadow Powers: How transnational networks determine the...

If you are at all interested in Marx, you will likely find this interesting and even provocative. It views Marx's work in terms of evolutionary theory and introduces "life-capital."CounterpunchLife Grounding Marx 150 Years After CapitalJohn McMurtry John McMurtry is a Fellow of the Royal Society of Canada whose work is translated from Latin America to Japan. He is the author of the three-volume Philosophy and World Problems published by UNESCO’s Encyclopedia of Life Support Systems (EOLSS),...

Important.  Marshall Steinbaum catches us up on what's happened since the publication of Piketty's Capital in the 21st Century three years ago. Actually, lots.  But the economics profession has largely ignored it since it involves distribution and the economics profession doesn't consider distribution irrelevant.Boston ReviewWhy Are Economists Giving Piketty the Cold Shoulder?Marshall Steinbaum | Fellow and Research Director at the Roosevelt Institute

What you won't hear in the lamestream media aka the spin room and the echo chamber.The Vineyard of the SakerIran protests: Western salivation, agitation & desperation Ramin Mazaheri | chief correspondent in Paris for Press TV LobeLogIran Protests: Civil Rights Movement Or Revolution? Reza Marashi | director of research at the National Iranian American Council and previously served in the Office of Iranian Affairs at the U.S. Department of State Moon of AlabamaIran - Early U.S....

We all know here what is going on with the US military, and surely the MSM journalists must know too, so why are they not concerned? Perhaps they are but are just hoping for the best. If they write the truth their editors will just throw it out, and if they keep writing the truth they will lose their jobs. I have sent to the editor of the Guardian and many of its journalists articles written by Paul Craig Roberts warning about Armageddon. I have sent lots of stuff off to George Monbiot...

It doesn't look like there is any let up to Washington aggression around the world, and apparently the US is also trying to restart the war in Syria as well. And most people in the West are asleep blissfully unaware of what's going on, but I argue with people in the Guardian's CiF who tell me, 'Putin is a bully who must be taught a lesson', but then I ask them is it worth everyone they know and love, and the town they love, and their favourite street, and their favourite pub, and the country...

While out of paradigm with MMT, the conventional thinking underlying the scenario that Crooke depicts reflects a widespread view that is shared by most political leaders who are responsible for shaping the world through their decisions. This thinking lies at the basis not only of global finance but also geopolitics and geostrategy. So, it is important to understand it because it is shaping emerging events of great consequence. Financial warfare can easily turn into military warfare, and...

The history of the board game. JSTOR Daily The Different Meanings of MonopolyLivia Gershon

Are we witnessing regime change agents hijacking economic protests? Zero Hedge US State Department Hints At Iran Overthrow: Are We Witnessing The Early Stages Of Regime Change? Tyler DurdenSee alsoSouthFrontUS Defense Secretary Warns Assad From Attacking US-backed Forces, Claims US Shifts Strategy In Syrialkb22

The numbers are astounding. Most people outside of China probably have no ideal what is happening and how quickly it is happening.Visual CapitalistChina’s Digital Wallets Offer a Glimpse at the Future of PaymentsNick Routley