Tag Archives: austerity

Greece: The Muscle of Corporate Capitalism

We Are All Greeks Now http://www.truthdig.com/report/item/we_are_all_greeks_now_20150712/ Posted on Jul 12, 2015 By Chris Hedges    A demonstrator waves a Greek flag during an anti-austerity rally in central Athens on Friday. (Petros Karadjias / AP) The poor and the working class in the United States know … Continue reading

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Iceland Got It Right

From Al Jazeera English:  Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as … Continue reading

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Weimar America: Four Major Ways We’re Following In Germany’s Fascist Footsteps What happens when a mature industrial nation turns its back on democracy and lets its right-wing elite destroy the middle class? We’ve seen this movie before. By Robert Cruickshank/ … Continue reading

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“Karl Marx Had it Right”

Influential economist Nouriel Roubini, who accurately predicted the last economic meltdown, predicts more trouble ahead. In a Wall Street Journal  “Big Interview” on TV last week, Roubini gave a very pessimistic forecast for the world economy.   Roubini blamed George W. … Continue reading

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