Economy

UDHR: Setting Limits On Power Still Pending Since 1948

UDHR: Setting Limits On Power Still Pending Since 1948

December 31, 2018

An attentive review of the 1948 Universal Declaration of Human Rights suggests that 70 years on we have not fully averted the kinds of mistakes that the drafters of the UDHR sought to prevent from ever being repeated

The IMF is at it Again in Argentina's Economic Crisis

The IMF is at it Again in Argentina’s Economic Crisis

December 20, 2018

Now that Argentina received the International Monetary Fund’s largest loan ever, of $56 billion, it is recommending more austerity, which, as the data so far shows, will only prolong the country’s economic crisis, says CEPR’s Mark Weisbrot

Economic Update: Seattle Firm Converts to Worker Co-Op

Economic Update: Seattle Firm Converts to Worker Co-Op

December 4, 2018

This week: Updates on Amazon subsidized by New York and Virginia; French people act to limit corporate greed; Sears favors bosses in bankruptcy too; Pfizer ups drug prices despite Trump; California fires expose US economic divide; interview with Matthias Scheiblehner on why his Seattle construction firm Metis converted into a worker co-op

The SEC and the Inadequacies of Financial Regulation

Destroying the Myths of Market Fundamentalism

December 1, 2018
Damon Silvers, Director of Policy and Special Counsel of the AFL-CIO, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018
Economic Update: Why Capitalism Demonizes Government

Economic Update: Why Capitalism Demonizes Government

November 27, 2018

This week: updates on UK war on “Unexplained Wealth;” why capitalism needs yet attacks government; historical reality of low wages in US; cozy deals between big corporations and credit rating agencies again; discussion of capitalism’s oscillations between nationalist and internationalist phases (are we now moving backwards to nationalism again?) and once more on the inefficiency…

Systematized Tax Evasion: Cheating Competition

Systematized Tax Evasion: Cheating Competition

November 26, 2018

James Henry, economist and tax attorney, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, 2018

Economic Update: U.S. Midterm Elections

Economic Update: U.S. Midterm Elections

November 20, 2018

This week: Updates on how China hits back economically; capitalism surviving in Italy through explosive debt creation; why lotteries have heavy economic costs; how Grinnell College undergraduate workers successfully organized; Professor Wolff interviews Prof. David Harvey on a Marxist view of the US midterm elections: causes and consequences

A Blueprint for Linking Trade to Full Employment and Domestic Industrialization (Pt 2/2)

2018 TRADE AND DEVELOPMENT REPORT: Interview with UNCTAD’s Richard Kozul-Wright

November 16, 2018
To avert the continuing and growing inequities of global trade, UNCTAD's 2018 Trade and Development Report calls for a serious look at the 1948 Havana Charter, the initial attempt to establish a managed multilateral trading system. But what makes the current multilateral trading system so different from the world order envisaged in the 1948 Havana Charter? In a 2 part interview, that question among others is put to UNCTAD’s Chief Economist, Richard Kozul-Wright
Economic Update: Follow The Money

Economic Update: Follow The Money

November 12, 2018

This week: Updates on profits-vs-science and weedkiller “roundup;” most Americans not better off than in 2016; WHO reports bans on corporal punishment of kids and how doing so saves money too; Janet Yellen warns huge corporate debts risk another major economic crash; interview with Riva Enteen, editor of Follow the Money, a collection of KPFA…