“Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes a byproduct of the activities of a casino, the job is likely to be ill-done.” – John Maynard [...]

  “While the crisis appears to be Europe’s problem, if it results in a break-up of the euro zone or a growth-dampening series of costly bailouts, it will reverberate from Beijing to Boston and back.” – (Rana Foroohar in Times Magazine) “More broadly, we are witnessing a worldwide crisis of capitalism, and the type of [...]

  The World Federation of Trade Unions (WFTU) organised on September 13-14 a two-day international trade union meet in the European Parliament complex in Strasbourg, France, to express solidarity with the fighting people of Arab countries and voice strong protest against the hegemonic interference of US imperialism and its European allies in the internal affairs [...]

  Police carry away a participant in a march organized by Occupy Wall Street in New York on Saturday Sept. 24, 2011. The New York police have arrested at least 80 people protesting against Washington’s management of the American financial system as well as Wall Street practices. The demonstrators took to the streets Saturday during [...]

  IMF’s dire warning The International Monetary Fund has a creditable record of spotting, and tracking, world economic recovery more accurately than most other global institutions. As such its prognosis has always been keenly watched. Hence its warning, first issued while launching the latest edition of the World Economic Outlook on Tuesday and repeated on [...]

  A spectre is haunting capitalism: the spectre of twenty-first century socialism. Increasingly the outlines of this spectre are becoming clear, and we are able to see enough to understand what it is not. The only thing that is not clear at this point is whether this spectre is actually an earthly presence. Consider first [...]

  What is happening in Europe, and particularly in Germany, is beyond belief – a plan to prop up the hopelessly bankrupt financial states through deregulation of the financial sector. If legislation allow all this to happen you could have revolution in Germany and other countries. It is a frightful situation. The question plays out [...]

  Increasingly alarmist rhetoric of both corporate interest groups and the government against the environmental justice movement a feedback loop was created. Fueled by fears of threats to profits and status, as well as corporate scaremongering, the government’s willingness to lie down and placate corporate interests has created an oppressive social environment on par with [...]

  A handful of billionaires have shoved a spanner into the legislative process. Through the candidates they have bought and the movement that supports them, they are now breaking and reshaping the system to serve their interests… The debt deal will hurt the poorest Americans, convinced by Fox and the Tea Party to act against [...]

  Social Justice Food Is Not Just About Food (Photo: Walmart Stores / Flickr) Forty years after the publication of Diet for a Small Planet, thousands of farmers’ markets are thriving across the United States, countless young and well-educated people want to become farmers, community gardens are being planted in inner cities, Walmart is championing [...]