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Created
Mon, 23/06/2025 - 17:15
The global financial press think they are finally on a winner (or should that be loser) when it comes to commentary about the Japanese economy. Over the last few years in the Covid-induced inflation, the Japanese inflation rate has now consolidated and it is safe to say that the era of deflation is over. Coupled…
Created
Mon, 23/06/2025 - 17:00
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Created
Mon, 23/06/2025 - 07:02

How strange. I’ve been going to demonstrations for a long, long while now. I began once upon a distant time in opposition to the nightmarish all-American war in Vietnam. And almost 60 years later, that war, in some sense, has come home. Hence, the other day, I found myself at the “No Kings” demonstration in New York City, one of more than 2,000 (yes, 2,000!) across this country of ours at which millions — yes, again, literally millions! — of Americans reportedly turned out. These days, in New York where I live, such demonstrations are often launched from Bryant Park, right behind the classic 42nd Street library on Fifth Avenue, and the marchers normally walk down Fifth for perhaps 20... Read more

Source: This Is What Democracy Looks Like! appeared first on TomDispatch.com.

Created
Mon, 23/06/2025 - 01:02
. One of the most valuable contributions of Modern Monetary Theory (MMT)—particularly from a European perspective—is how clearly it exposes the fundamental flaws of the euro experiment. The neoliberal dream of a supranational currency detached from national fiscal sovereignty simply does not align with economic or political reality. In times of crisis, a state must […]
Created
Sun, 22/06/2025 - 18:39
The parallelism between economic laissez-faire and Darwinianism … is very close indeed. Darwin invoked sexual love, acting through sexual selection, as an adjutant to natural selection by competition, to direct evolution along lines which should be desirable as well as effective, so the individualist invokes the love of money, acting through the pursuit of profit, […]