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Africa’s World War

Africa’s World War

By Gerard Prunier

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Tag: Markets

VIDEO: Noam Chomsky: Markets Aren’t ‘Democratic’— They Radically Restrict Choice in Important Ways

In this short clip from a History Channel documentary, the renowned linguist and activist explains how markets actually bring out the worst in humans by turning us into people “dedicated to maximizing individual gain, not social concern.”

Posted on Sep 15, 2015 READ MORE

epicharmus (CC BY 2.0)

The Planet’s Trouble With Markets

On the occasion of the collapse of the European emissions trading scheme, Guardian environment correspondent George Monbiot explains why markets are no substitute for governments, especially when it comes to avoiding global warming, one of the worst mass disasters humankind will yet see.

Posted on Apr 23, 2013 READ MORE

Paul Volcker
AP / Wong Maye-E

Volcker Unloads on Nation’s Finance System

In a spare-no-one, off-the-cuff critique, former Federal Reserve Chairman Paul Volcker delivered a blistering analysis of the nation’s financial system Thursday, criticizing banks, regulators, business schools, the Fed and money-market funds in a “plea for structural changes in markets and market regulation.”

Posted on Sep 24, 2010 READ MORE

Troy Jollimore on Markets and Morality

Debra Satz’s new book, “Why Some Things Should Not Be for Sale,” raises timely and morally difficult questions about capitalism and free choice and collective and individual rights.

Posted on Jul 22, 2010 READ MORE

Flickr / eflon

Regulating Too Big to Fail

Coming only a year too late to the party, Fed Chair Ben Bernanke has asserted that regulators must be “significantly tougher” on the large financial firms, arguing that the perception of those institutions as “too big to fail” threatens competition in the financial markets.

Posted on Mar 20, 2010 READ MORE

IMF Building

IMF Warns of Pending Global Downturn

With all the negativity in the ether regarding the stability of the world economy, it’s surprising that the International Monetary Fund took so long to throw its two cents into the fray. Never the fund to disappoint, the IMF issued a report Wednesday that warns of a pending global downturn following the U.S. credit crisis, as confidence falters in finance and credit markets around the world.

Posted on Oct 8, 2008 READ MORE

Pascal Quiet

New World Trade Treaty Plowed Under

The World Trade Organization talks in Geneva finally imploded Wednesday, as negotiations over farm subsidies and labor standards collapsed into an immovable standstill between wealthy and poorer countries. The talks, defended heavily by the “developed world,” are seen by critics as an instrument to serve corporate interests.

Posted on Jul 30, 2008 READ MORE

World Markets Dive Amid U.S. Economy Fears

Stock markets across the world Monday suffered the worst losses since Sept. 11, 2001. The drop prompted analysts to theorize that investors have major doubts about the ability of the proposed stimulus package to mend the American economy.

Posted on Jan 21, 2008 READ MORE

Google Agrees to Censor ‘Forbidden’ Words in China

The company’s motto is “Don’t be evil,” but analysts say Google’s cash-motivated actions translate into Chinese as “Don’t be poor.” | story

Posted on Jan 25, 2006 READ MORE

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