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By Stanley Kutler
$13.57
By Fyodor M. Dostoevsky; Constance Garnett (Translator)
$22
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AP/File
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The conservative Thatcher vastly reshaped Britain with her economic policies, pulling the country back from 35 years of socialism and ushering in a new era of privatization.
Posted on Apr 8, 2013
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banspy (CC BY 2.0)
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“Since 1980, the U.S. government has reduced its intervention in the U.S. economy, which has become much more of a free market.” True or false?
Posted on Mar 9, 2013
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Flickr/Tax Credits
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By Thomas Hedges, Center for Study of Responsive Law —
The commons movement protects large resources from privatization and allows collectives to regulate extraction. Exploitation is avoided because no one individual has more of a right to the source than any other.
Posted on Jan 31, 2013
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Andy Miah (CC BY-SA 2.0)
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The problem facing humanity today—especially those taking to the streets in protest—is an economic system that encourages and rewards greed, says the Slovenian philosopher and cultural critic. And leaders who tell us to look elsewhere are merely creating distractions.
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flee the cities (CC-BY)
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By Steve Fraser and Joshua B. Freeman, TomDispatch —
Prisoners, whose ranks increasingly consist of those for whom the legitimate economy has found no use, make up a virtual brigade within the reserve army of the unemployed whose ranks have ballooned along with the U.S. incarceration rate.
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Groundbreaking research in behavioral economics may pose the greatest academic threat ever to free-market theory, suggesting that emotions linked to brain chemistry—not rational self-interest—play a deciding role in how we spend, save and invest.
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Gottfried Helnwein
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“We are more than a nation in decline; we are a nation moving toward the bittersweet simplisms, policies and values of a new form of authoritarianism,” writes Henry Giroux, in an article adapted from his new book on America’s shift away from democratic values toward a rigid, market-driven uniformity.
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Flickr / Images_of_Money
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In the discussion over how to solve Europe’s financial crisis, opponents of the euro argue “that it is a monetary straitjacket and that the best reform now would be its breakup.” Not so, says Will Hutton, author, columnist and former editor-in-chief of The Observer. (more)
Posted on Sep 21, 2011
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Wikimedia Commons/Jessica Rinaldi (CC-BY)
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Demonstrating that peculiar Republican penchant for believing that the free market solves all that ails our nation, GOP presidential hopeful Mitt Romney proclaimed in an Op-Ed on Wednesday that he’d do away with the current president’s hard-won health care legislation ... (more)
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By David Sirota — What could cause the intensifying politics of free-market fundamentalism at the very historical moment that proves the failure of such an ideology? Two new academic studies suggest all roads lead to ignorance.
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By Stuart Whatley — Perhaps the most troubling reality in the 21st century is that our economics now dictates our cultural values, rather than the reverse, where we the people would decide how resources, production and mutual prosperity should be systematized to achieve the best society for all.
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Wikimedia Commons / Gage Skidmore
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Since when is coddling big businesses gone horribly awry a pro-American value? Although it could be inferred that several successive administrations have abided by this economic ethic, leave it to the GOP’s newly christened Next Big Thing, Rand Paul ... (continued)
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Flickr / ajagendorf25
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Tea party loyalists may be situated at the right side of the political spectrum, but that doesn’t mean the upstart political movement is an adjunct to the Republican Party, no siree. As it evolves, the loosely unified conservative coalition may be moving farther away from the GOP’s orbit.
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By Amy Goodman — President Obama’s publicly financed resuscitation of the nuclear power industry in the U.S. is bound to fail, another taxpayer bailout waiting to happen.
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They may be drawing from the same ol’ value system—based on buzzwords like individualism, faith, “family values” and free market capitalism—but prominent members of the GOP, including former Florida Gov. Jeb Bush and House Republican Whip Eric Cantor, are looking to revamp their party’s image and regain political traction.
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AP photo / Rahmat Gul
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By Robert Fisk — The collapse of Afghanistan is closer than the world believes. Kandahar is in Taliban hands—all but a square mile at the centre of the city—and the first Taliban checkpoints are scarcely 15 miles from Kabul.
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Good thing President Bush was there to remind attendees at last weekend’s G-20 summit that capitalism isn’t all bad; after all, it gave us Hot Wheels and iPods!
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White House / Shealah Craighead
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The former Fed chair told angry lawmakers on Thursday that after 40 years of buying into free-market ideology he had “found a flaw.” Rep. Henry Waxman told Greenspan “our whole economy is paying the price” because he ignored advice and resisted regulation.
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AP photo / Richard Drew
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By Robert Scheer — Has the war on terrorism become the modern equivalent of the Roman Circus, drawing the people’s attention away from the failures of those who rule them? Corporate America is a shambles because deregulation, the mantra of our president and his party, has proved to be a license to steal.
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By Ellen Goodman — Renting the wombs of poor women in foreign countries has become a business, but is it a good business?
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By Marie Cocco — With Labor Day approaching, it must not go unnoticed that Angelo Mozilo, chief executive of Countrywide Financial—the company that has helped drive world markets into turmoil with its lending—raked in $42.9 million last year. The Nobel laureate Harold Varmus, chief executive of the Memorial Sloan-Kettering Cancer Center, was paid $2.5 million.
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