Tag Archives: Neoliberalism

More on de-dollarization. It's a matter of preserving national sovereignty and independence in the face of American imperialism and the US attempt to colonize the world. This is imposed not only militarily, either directly and indirect by threat, and subversion, but also economically and financially in a unilateral world order that is "pay to play."Zero HedgeRussia Urges "Independence" From "Imposed World Order" Of US Financial SystemTyler Durden

Preliminary probe into the incident has suggested the “existence of an electromagnetic attack that sought to affect the hydroelectric generation system of Guayana, the main provider of this service in the country,” the minister told state channel VTV. While authorities are struggling to resolve the crisis, the US-backed opposition leader Juan Guaido has used the power outage to once again attack his political opponent, accusing President Maduro of “destroying” the country's electrical...

Should be neoliberalism is destroying the illusion of liberal democracy.EvonomicsNobel Economist Says Inequality is Destroying Democratic Capitalism Angus Deaton | Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Woodrow Wilson School of Public and International Affairs and the Economics Department at Princeton University

Anyone see a pattern here? Any wonder why there is a push for multilateralism to counter unipolarism (read world dominance).News in AsiaLaughable: US Claims ‘Free and Open Seas,’ Tries to Push China Out of Indian, Pacific Trade Pepe Escobar SouthFrontMike Pompeo Says Foreign Actors Must Leave Venezuela, So That US Can Rebuild It

Why is it that just 1p of a £2.50 cup of coffee goes to the farmer who cultivated and harvested the coffee beans? Open Democracy Imperialism in a coffee cup John Smith

Another paradox of liberalism arising from equation of economic liberalism with capitalism and of economic liberalism as equatable with political liberalism as representative democracy. The rise of interest in social democracy now no accident of history but rather a logical progression of the historical dialectic?Flassbeck EconomicsThe Great Paradox: Liberalism Destroys the Market Economy Heiner Flassbeck

I am often asked, after my talks or on social media, to pass a judgment on the stability, or lack of it, of a particular country. For example, looking across the Atlantic to the United Kingdom, one sees a lot of parallels with the crisis we are currently living through in the US. The rise of populism, increasing fragmentation of the political landscape—do these similarities reflect deep structural trends below the surface? Such questions can only be answered with a proper...

Jeremy Corbyn represents the only realistic chance the people of England and Wales have been given in decades, to escape from the neo-liberal economics that have impoverished vast swathes of the population. But he leads a parliamentary party which is almost entirely comprised of hardline neo-liberal adherents.The majority of the parliamentary Labour party are the people who brought in academy schools, high student tuition fees, PFI, who introduced more privatisation into the health service...

On June 13, 2019, the European Stability Mechanism (ESM) released its – Terms of Reference for the Evaluation of the Greek Programmes. At the same time, the head of the ESM (Klaus Regling) was lecturing Greece, which is approaching a national election next month, that it “risks missing its budget target” (Source). Apparently, as the failed Syriza government tries to gain electoral support after years of abusing the Greek people who put their faith in them, the bean counters are worried that...

The week before last, Thomas Fazi and I had a response to a recent British attack on Modern Monetary Theory (MMT) published in The Tribune magazine (June 5, 2019) – For MMT. In effect, there were two quite separate topics that needed to be discussed: (a) the misrepresentation of MMT; and (b) the issues pertaining to British Labour Party policy proposals. The article we were responding to – Against MMT – written by a former Labour Party advisor, was not really about MMT at all, as you will...