European Debt Crisis? You Ain’t Seen Nothing Yet!

March 13, 2011 at 05:31 (Austerity, Crisis of Capitalism, Global Finance, Speculation) (, , , , , , , , , , , , , , , , , , )

In the wake of the Greek and Irish crises last year, analysts predicted that the collapse of the eurozone might become the big story of 2011. But while our neighbors in North Africa and the Middle East have burst into full-blown revolution, all appears to be quiet on the Western front. Or does it?


Read the rest of this entry »

Permalink 2 Comments

The Revolutionary Wave of 2011?

January 26, 2011 at 08:49 (Crisis of Capitalism, Hunger & Food Crisis, Millennial Generation, Resistance, Speculation) (, , , , , , , , , , , , )

What triggered the sudden popular uprisings in Tunisia and Egypt? And could the revolutionary wave that is washing across North Africa spill over beyond the Arab world and into Europe?

Read the rest of this entry »

Permalink 12 Comments

Why Krugman is Wrong on Commodity Speculation (Again!)

January 17, 2011 at 17:17 (Crisis of Capitalism, Global Finance, Hunger & Food Crisis, Speculation) (, , , , , , , , , )

For the New York Times columnist, the recent surge in food and energy prices is an indication that we are running out of resources. But with speculators driving up commodity prices across the board, our most immediate concern should not be Krugman’s finite world, but Goldman’s financialized world.

Read the rest of this entry »

Permalink 1 Comment

Follow

Get every new post delivered to your Inbox.

Join 39 other followers

%d bloggers like this: