When the US economy collapsed in 2007-2008, many people thought it signaled a long-term economic crisis. That does not seem to have happened, so far. Although the recovery has not been very strong, it has […]
US Economic Recovery & Fracking
Economic Update: Holiday Sales Slow
According to an article in today’s Wall St. Journal, Thanksgiving weekend sales actually declined from last year. This was the first time this has happened in seven years. The figures account for the early Thanksgiving […]
Now It’s Getting Really Serious
When Wall St. investor gurus start looking at environmental issues and resource depletion issues as a major factor in investing, then you know things are really serious. Here’s an interview from today’s […]
Damned If You Do and Damned If You Don’t
by John Reimann An article in today’s Wall St. Journal confirms the theory of the tendency towards overproduction. Entitled “Stagnant Wages Are Crimping Economic Growth”, the article explains that at the “end” […]
Preparing for Revolution
Note: The document below was produced by the Workers International Network (WIN) in 2009. It tries to lay out some of the main developments in the world today, but WIN does not […]
Who Really Rules the Planet?
This article from Truthout.org details the concentration of wealth as well as the interconnections of the wealthy and their corporations. Of course, it doesn’t say what to do about it, but the […]
What is Socialism?
Over 150 years ago, a small pamphlet was published that opened a ghost is haunting Europe, the ghost of communism*. (*NOTE: This was before the rise of the Soviet Union and its […]
Both Sides Right; Both Sides Wrong
In today’s (May 30) Wall St. Journal there is a review of the book “Debtors’ Prison” by the liberal Keynesian Robert Kuttner. The reviewer, like the paper he writes for, is a […]