Puerto Rico’s governor may have said the commonwealth’s debt is not payable, but that doesn’t mean Puerto Ricans aren’t going to pay for it. Vulture capitalists are circling the island, ready to extract still more wealth. You may already know the drill: capital is sucked out by corporate interests that pay little in taxes, and speculators swoop in
For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice fosters economic development and, therefore, job growth. But does it?
When artists say file-sharing is reducing their “value” as artists, they are helping make the persecution of file-sharing politically acceptable
Taylan Tosun interviews Rasmus about his forthcoming book, Transitions to Global Depression.
In the Gaza Strip, 1.7 million Palestinians are the targets of Israeli Lockheed Martin F-16C/Ds aircraft
Emerging Markets? Think Again
The author’s message is that in the short term, there will be definite winners and losers because ecological catastrophe is “…not necessarily a financial catastrophe for everyone”
National Communal Economy Conference calls for communal markets, increased funding of communal banks in Venezuela
The evolution of the Fed
Consumerism’s petty liberties have made us inhumanly passive. We’ve forgotten what freedom is, and how easily it is lost