The World’s Debts Shall Not Be Repaid

From: The B u l l e t Socialist Project • E-Bulletin No. 791 March 28, 2013 By Ingo Schmidt Ingo Schmidt is an economist, a writer, and a labour educator. He is the Coordinator of the Labour Studies Program at Athabasca University. His latest book, co-edited with Bryan Evans is Social Democracy After the […]

Abundance and Apocalypse

Abundance And Apocalypse   Somewhere in the ‘90s, world production crossed the historic line into Economic Abundance. Humans now produce, through the global economy, so much wealth every year that it is no longer necessary for anyone to be impoverished. The UN has long held that the world produces enough food to end hunger forever; […]

Struggle, Resistance and Progress: 2010 Recap and 2011 Forecast‏

www.blogtalkradio.com/your-world-news 2010 was a particularly tough year within the stolen borders of American, and throughout the globe—for that matter. The global economic crisis, caused by rapacious Wall Street Bankers and fueled by inhumane US capitalism, continued to rear its hideous head. Illegal occupations continued in places like Iraq, Afghanistan, and Palestine. Illegal wars of aggression […]

Greece: A New Phase in the World Economic Crisis

A new phase in capitalism’s global economic crisis appears to be opening up. As is usual, this crisis has first hit the financial sector of capitalism. First, it was in the privately-owned banks and other financial institutions. Now the contagion has spread to public treasuries. The sovereign debt crisis in Dubai was the first warning. […]