Chris Dillow | “Values” and the crisis of social democracy Phillip Collins in the Times (£) reminds me why I’m a Marxist rather than a social democrat. He mocks Ed Miliband’s claim that Britain has…
Monthly Archives For September 2011
Austerity locked-in with EU economic governance package
What was described by European Commission President as a “silent revolution” was passed in the European Parliament on Wednesday with hardly a mention in the mainstream media. The implications of the so-called six-pack of economic…
Harry Browne | Ireland’s Bread and Circuses
Harry Browne | Ireland’s Bread and Circuses Good piece here from Harry Browne in Counterpunch on the oozing of noxious sleeping gas that is the Irish presidential election. Last Monday, the Irish state paid €1.465…
Filip Spagnoli | Lies, Damned Lies, and Statistics
Filip Spagnoli | Lies, Damned Lies, and Statistics The following example is about income shares across the population of the U.S. Technically, the graph below is not a histogram because the y-axis shows cumulated income…
Book Review: Marx and the Alternative to Capitalism
Book Review: Marx and the Alternative to Capitalism, Kieran Allen (Pluto Press, 2011) “It is true that labour produces wonderful things for the rich – but for the worker it produces privation … It produces…
Mary Davis, Presidential Candidate, writing about her mentor Denis O’Brien in 2007
Mary Davis, Presidential Candidate, writing about her mentor Denis O’Brien in 2007 I would only have read about him before he became the chairman of the 2003 Games Organising Committee. When I met him it…
From OccupyWallStreet to Occupying Our Streets
Like many people I am fairly sick of hearing the question, when will Irish people say “enough” and finally take to the streets? Maybe the answer to that is the 15th of October. In the…
Steve Keen | 1,000,000 economists can be wrong: the free trade fallacies
Steve Keen | 1,000,000 economists can be wrong: the free trade fallacies Not only did the global financial crisis catch the vast majority of economists completely unawares, they instead expected tranquil and even buoyant times…
Yes Men | Sorry, but this trader’s banking confession was no prank
Yes Men | Sorry, but this trader’s banking confession was no prank Yes Men let the world know that the “insignificant market trader and self-proclaimed financial self-help guru, Alessio Rastani”, whose now famous comments on…
Ray Crotty Memorial Lecture 15th of October 2011 – Presented by Dr. Conor McCabe
Adding a democratic catastrophe to an economic crisis – Left slams 6 pack’s recipe for disaster
Press release from GUE/NGL members in the European Parliament about today’s vote which brings in the austerity-ramping 6 pack provisions for increased economic governance at EU level. Following today’s European Parliament vote on the economic…
Party Nation
Remember that statement – how during the boom years we all ‘partied’ as a nation? Remember those prescriptions – how we had to cut back our living standards, probably back to 2003; in order to…
RABBLE, ISSUE ONE, OUT NOW
rabble is a non-profit, newspaper from the city’s underground. It’s collectively and independently run by volunteers. rabble aims to create a space for the passionate telling of truth, muck-raking journalism and well aimed pot-shots at…
Bruno S Frey & Margit Osterloh | Variable pay-for-performance is a folly
Bruno S Frey & Margit Osterloh on VoxEU.org | Variable pay-for-performance is a folly Scientific literature has extensively dealt with variable pay-for-performance. Despite the fact that serious problems linked to this approach have thus become…