"Make no mistake — China’s leaders are well aware of the economic power they currently hold, but they also recognize the potential for more prosperity and influence if they can carefully manage their economy for future generations — and the consequences should they fail. It’s good — and long overdue — that the U.S. learns more about their system, and Capital Trade’s important new study is a step in the right direction."
The global political crisis — a natural outcome of the continuing economic crisis — finally made it to Russia in December before getting derailed by the country’s traditional hibernation in early January. Nothing ever happens in Russia between Dec. 31 and Jan. 13 — and particularly not a revolution. While the organizers of the protest demonstrations headed for swanky resorts in Mexico and other sunny spots, their grassroot supporters were stuck in cold, dreary Russia. They retired to their cramped apartments to drink vodka and discuss the country’s uncertain fate.
Arguably, Neil Kinnock's 1989 policy statement “Meet the Challenge, Make the Change” approved by party conference was a complete assimilation by a section of the former left of Anthony Crosland's revisionist agenda.
"The current Labour leader, Ed Miliband, has joined Cameron in condemning “irresponsible capitalism”, implying, of course, that there is a responsible version. Being responsible for capitalists means paying their taxes and not taking such big wage packets, but apparently the rest of us also have to be responsible under responsible capitalism. That means accepting the draconian fiscal austerity being imposed by the government on public sector jobs, wages and social benefits to meet the needs of the bankers."
We have never been this free—and this conflicted. Psychologist Barry Schwartz talks with Lars Mensel about the downside of choice, and the silver lining to the economic downturn.
Featuring a stellar array of philosophers including Žižek, this film offers an electrifying examination of the contemporary relevance of Karl Marx's ideas for understanding the current global social and economic crisis. As the deepest global recession in 70 years prompts the US government to spend more than one trillion dollars to rescue its banking system from collapse and the Euro is in deep disarray, the full implications of the crisis in Europe and around the world still remain unclear.
15 countries generate at least 90% of their electricity from hydro. (...) Five countries—China, Brazil, the United States, Canada, and Russia—accounted for approximately 52 percent of the world’s installed hydropower capacity in 2010."
"As we learn to live and work in this process world, we are rewarded with other changes in our behavior. I see that we become gentler people. We become more curious about differences, more respectful of one another, more open to life's surprises. It's not that we're either more hopeful or pessimistic, but we are more patient and accepting. I like to believe we become this way because we're willing to work with life on its terms. Although life's dance looked frantic from the outside, difficult to learn and impossible to master, our newfound gentleness speaks to a different learning. Life is a good partner. Its demands are not unreasonable. A great capacity for change lives in everyone of us."
We are not even a month into the New Year and there are many controversial laws that are in the works or have been passed. From SOPA, Stop Online Piracy Act,...
This is the context for the corporation's case, which is seeking to evict the protesters because they are obstructing public highways. The corporation claims that it has no objection to peaceful protest but that it is opposed to camping. The truth is that it has presided over the removal of the right to any protest, not only in Paternoster Square but throughout the City of London.
The role of technology in the wave of protests that swept the world last year is a matter of debate. While some claim that social networks and mobile phones allowed protesters to organize themselves with an unprecedented speed and efficiency, others have seen their role as marginal – or even counterproductive, since these same technologies also allow governments to monitor events with greater ease than in pre-Internet days.
Owen Jones, author of "Chavs; the demonization of the working class," leads a discussion on his book in the last week of the successful occupation of the Pos...
The two intersecting lines of supply and demand penetrate economics textbooks like Einstein's mass-energy equivalence penetrates physics textbooks. The theory behind the two lines is inherently flawed, says Steve Keen.
Look back to moments of real crisis. In 1940, Churchill proposed a union of Britain and France in the aftermath of the German attack. In 1950, Adenauer proposed a political union of Germany and France. That is the kind of boldness that is now needed. In the past, it was war, immense dislocation and suffering that produced the dramatic crisis that could weld a nation together. Is the current crisis severe and dislocating enough to generate an analogous effect? The more Europe suffers, the more its people will see that a reform agenda that is just an exercise in incrementalism is also nothing more than an exercise in futility.
What matters is that Rangoon, which was supposed to become Pyongyang, starts to resemble Warsaw, half a planet away. And if so, it might be possible to entertain the hope that Minsk one day will resemble Rangoon rather than say, Cairo.
There have been many screenings in the Bay Area of a privately produced film called Thrive. It is a long documentary, created in a New-Agey, pseudoscientific mode, which would be fairly innocuous if it were not masking a reactionary, libertarian political agenda that stands in jarring contrast with the soothing tone of the presentation.
Marx understood capitalism as a social system that limited human possibilities, and in ways that could and should be done away with. Marx's metaphors sometimes show this, like when he talks about capitalists coining the blood of children into money. As someone who buried several of his children, Marx wouldn't have used that imagery lightly. Marx's judgements motivated his immanent critique of capitalism and the ideas of political economists, and these judgments are pretty clear in Marx's writings, but most of Capital is spent developing the models.
THRIVE is an unconventional documentary that lifts the veil on what's REALLY going on in our world by following the money upstream -- uncovering the global consolidation of power in nearly every aspect of our lives.
The point here is to suggest that using money to make money with little relationship to commodity is an unhealthy practice because it bypasses the makers of products, most of whom are the Middle Class. The result is that workers are left out of the loop and there are no wages to work their magic in the economy as a whole.
High expectations in the Egyptian town of Mahalla el-Kubra that as the post-revolution election process move on, attention will turn to creating much-needed jobs for local people.
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