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Socialism for the Rich, Capitalism for the Poor

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… an Interview With Noam Chomsky – Published on truthout, by C.J. Polychroniou, Dec 11, 2916.

… C.J. Polychroniou: Noam, in several of your writings you question the usual view of the United States as an archetypical capitalist economy. Please explain. Continue Reading…

If Russia and Saudi Arabia lead, rest will follow

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… Saudi energy minister Khalid Al-Falih on historic oil deal [VIDEO] – Published on Axis of Logic, Dec 11, 2016.

… The Saturday meeting of the members of the Organization of Petroleum Exporting Countries (OPEC) with 12 oil exporting countries outside the group “is significant because [it] has brought so many countries together for the first time,” Al-Falih said. Continue Reading…

It Takes a Village to Maintain a Dangerous Financial System

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… the Original PDF – Published on The Banker’s New Clothes, by Anat R. Admati, Graduate School of Business, Stanford University, May 2016, 32 pages … if it takes a village to raise a child, it takes a village to abuse a child … the financial system is meant to facilitate efficient allocation of resources and help people and businesses fund, invest, save and manage risks. This system is rife with conflicts of interests. Reckless practices, if uncontrolled by market forces and effective rules, can cause great harm. Most of the time, however, the harm from excessive risk in banking is invisible and the culprits remain unaccountable. They rarely violate the law …; Continue Reading…

South Africa’s junk credit rating was avoided, but at the cost of junk analysis

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Published on ZNet, by Patrick Bond, Dec 8, 2016.

Standard&Poors (S&P) gave South Africa a fearful few hours of anticipation last Friday, just after dust from the political windstorm of the prior week settled. The agency downgraded the government’s securities that are denominated in the local currency (the rand) although refrained from the feared junk status on international securities. It was a moment for the ruling business and political party elites’ introspection, but in heaving a sigh of relief they are not looking far enough … // Continue Reading…

A Crisis-Prone and Fragile Financial System

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Published on WEA Pedagogy Blog, by Asad Zaman, Dec 7, 2016.

Prior to the Global Financial Crisis (GFC 2007), many senior economists and policy makers expressed confidence that they had finally solved the problem of business cycles, booms and busts, that plagues capitalism. Because of this over-confidence, early warnings of a looming crisis by Nouriel Roubini, Ann Pettifor, Peter Schiff, Steven Keen, Dean Baker, and Raghuram Rajan, were ridiculed and dismissed … // Continue Reading…

zu Schuldgeld, Demokratie, Propaganda, Lügen, das ganze Leben ökonomisieren …

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von Frubi TV auf YouTube hochgeladen:

The Lesson from Standing Rock: Organizing and Resistance Can Win

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Published on ZNet, by Naomi Klein, Dec 6, 2016.

… Less than two hours earlier, news came that the Army Corps of Engineers had turned down the permit for the Dakota Access Pipeline to be built under the Missouri River. The company will have to find an alternate route and undergo a lengthy environmental assessment … // Continue Reading…

Real Power? Real Money?

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… a reflection on Participatory Budgeting in New York – Published on Public Seminar.org, by Eric Dirnbach, Dec 1, 2016.

… This process is known as participatory budgeting (PB) and I wanted to see how it worked. My main questions were: Is PB as currently practiced an innovative way to enhance local democratic decision-making and empowerment? Or is this token inclusion, while the real decisions are made elsewhere, as usual? Continue Reading…

Egypt: whitewashing political Islam

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… a parliamentary delegation in London accuses UK MPs of promoting Islamism – Published on Al-Ahram weekly online, by Gamal Essam El-Din, Nov 30, 2016.

A delegation including 12 MPs from parliament’s Foreign Affairs Committee visited London to exchange views with British politicians on political Islam, the Muslim Brotherhood and relations between Egypt and the UK. Continue Reading…

Julian Assange’s life, Pizzagate, actual turmoils …

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Julian Assange:

The Loving Contagion of Courage: Veterans Standing for Standing Rock

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Published on truthout, by Four Arrows, Dec 1, 2016.

In spite of freezing weather and orders from the North Dakota governor to curtail emergency medical services to Standing Rock and deem people’s mere presence there illegal, thousands of veterans are coming to take part in a massive, peaceful operation December 4-7 at Standing Rock, the site of ongoing Indigenous resistance to the construction of the Dakota Access oil pipeline (DAPL).   Continue Reading…

General Flynn’s Proposals to Reform Intelligence

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Published on Voltairenet.org, by Thierry Meyssan, Dec 1, 2016.

Thierry Meyssan considers that General Flynn is getting ready to rock the world of US intelligence and override all post 9/11 reforms. This would put an end to the obsession with secret prisons and targeted assassinations and mark a return to the true nature of intelligence: making sense of and anticipating developments around the world.   Continue Reading…

On Peace and Ukraine, Trump, Putin, Gandhi, and …

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… an Interview with Johan Galtung – Published on Dissident Voice, by Gary Corseri, Nov 29, 2016.

… Gary Corseri: I’m here in the Washington, D.C. area, with Johan Galtung — master teacher, and originator, since 1959, of “Peace Studies” programs at universities around the world. Continue Reading…

Hillary Lost, the World Won

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Published on Axis of Logic, by Siv O’Neall, Nov 22, 2016.

Paul Craig Roberts, one of the most reliable progressive Anglophone journalists wrote “the day after” under the heading The Working Class Won the Election? What Kind of Trump Administration?   Continue Reading…