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The Cost of Sequestration

interview with Imara Jones from Democracy Now!,2/21/13JUAN GONZÁLEZ: We turn now to the showdown on Capitol Hill over the $85 billion budget cuts scheduled to take effect on March 1st. The White House...

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A New World-System?

Immanuel Wallerstein interviewed by Almantas Samalavicius from Eurozine, 2/8/13 Years ago when the countries of eastern Europe were struggling to "adjust" their political, social and economic...

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Privatizing Europe

by Agenor from Sbilanciamoci.info,2/21/13What is the European crisis? One answer is that it makes the privatization of public assets inevitable, delivering big profits for private individuals and...

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Sandy, Housing, the Market, and the State’s Planning Response

by Peter Marcuse from Peter Marcuse'sblog, 2/21/13The attempt by government to mix the public and private market response to disasters such as Sandy, or indeed to mix the two in dealing with the...

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Conscious Capitalism at Whole Foods

by the editors of Monthly Review Monthly Review, March 2013The history of capitalism is replete with cases of successful captains of industry who, suddenly concerned with their place in history,...

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The Austerity "Mistake"

by Richard D. Wolff from Truthout, 3/8/13Shoddy political theater distracts people with vague demons called debt ceiling, fiscal cliff and now, sequester. Party leaders posture for major donors, media...

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The Power of the Gini Index

by Lisa Margonelli from Pacific Standard,1/22/13On the evening of August 18, 2011, viewers of The Daily Show were treated to a droll but distressing lesson in statistics. “The United States is not a...

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The Capitalist Wasteland

by Richard Wolff from the Guardian, 3/16/13What's efficiency got to do with capitalism? The short answer is little or nothing. Economic and social collapses in Detroit, Cleveland and many other US...

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Cyprus: The Eurozone Crisis Re-ignites

by Kevin Ovenden from leftunity.org, 3/18/13Two months ago, perennial optimists were telling us that the worst of the Eurozone crisis was probably over. Then came the Italian election. Now the great...

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Why Is Socialism Doing So Darn Well in Deep-Red North Dakota?

Les Leopold AlterNet March 26, 2013North Dakota's thriving state bank makes a mockery of Wall Street's casino banking system--and that's why financial elites want to crush it.read more

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The BRICS and South Africa

by William Gumede from Pambazuka News,4/10/2013 Some commentators, such as Jim O’Neill, the now retired Goldman Sachs executive, who first coined the term BRICS to refer to the fast-growing emerging...

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A Short History of Primitive Accumulation

by Michael Perlman from CounterPunch,4/16/13The choice of Adam Smith as an introduction to a discussion of primitive accumulation might seem curious even though he inadvertently began the discussion...

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Thatcher Without Tears

from Revolting Europe,4/17/2013Thatcher introduced to Europe the economic and political model that is now destroying it. Here are some dedications from critics (from the European mainland) of the late...

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Hidden Money

by Richard D. Wolff from Truthout,4/19/2013Recent revelations of hidden money by the International Consortium of Investigative Reporters (ICIR) have embarrassed governments, large and small, and...

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The Big Oops

by Heidi Moore from the Guardian, 4/26/2013 Who's hurt the American economy most? The line-up features greedy bankers, lazy lawmakers, anxious executives and two more unusual suspects: well-respected...

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The Need to Restrain Global Finance

by Jayati Ghosh from Frontline (India), 4/5/13IT is obvious that the recent boom in global capitalism has witnessed massive over-extension of finance. What has been described as “financialisation”...

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Another Europe

by Etienne Balibar from openDemocracy, 5/6/13Red alert, yet again. The old French-German 'couple' - the engine or the brakes on Europe-making, depending on one's views - is about to autodestruct....

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Private Italy

by Marco Bersani from Revolting Europe, 5/5/13Privatisation in Italy has led to a massive retreat of the state from a direct role in industrial production and, more generally, the ‘public’ in service...

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Eurozone in recession

from presseurop, 5/16/13Europe's May 15 growth figures fell like a hammer blow. For the sixth consecutive quarter, the Eurozone economy has contracted – the longest period of decline in growth since...

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21st Century Socialism

Michael A. Lebowitz interviewed by Darko Vesić and Aleksandar Stojanović from LeftEast, 5/7/13Darko Vesić and Aleksandar Stojanović (DV and AS): Capitalism has been in crisis for several years now and...

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