Category: 11 Society

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Paul Craig Roberts: Summary of USG Financial Fraud from Clinton to Obama

03 Economy, 11 Society, Commerce, Corruption, Government
Paul Craig Roberts
Paul Craig Roberts

The US Economy Has Not Recovered and Will Not Recover

CounterPunch, 19 February 2016

The US economy died when middle class jobs were offshored and when the financial system was deregulated.   . . .   The Federal Reserve’s zero interest rate policy was designed to support the balance sheets of the mega-banks and denied Americans interest income on their savings.  This policy decreased the incomes of retirees and forced the elderly to reduce their consumption and/or draw down their savings more rapidly, leaving no safety net for heirs.  Read more.

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Antechinus: Mirage of Justice – Rich Do Not Go to Jail

03 Economy, 09 Justice, 11 Society, Corruption, Government, Law Enforcement
Antechinus
Antechinus

The Mirage of Justice: Of the 2.2 million people we have incarcerated at the moment—25 percent of the world’s prison population—2 million never had a trial.

Who Goes to Jail?: “It is much more grotesque to consider the non-enforcement of white-collar criminals when you do consider how incredibly aggressive law enforcement is with regard to everybody else”.

Goldman Sachs To Pay $5.1 Billion For Causing 2008 Financial Crisis: As of now, there appear to be no plans for any of the individual corporate executives at Goldman Sachs to face criminal sanctions for the crimes that led to this $5.1 billion settlement despite the Department of Justice’s promise that it would start holding corporate criminals accountable.

 

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Mongoose: EPA Finally Admits that Pesticides Kill Bees

01 Agriculture, 03 Economy, 07 Health, 11 Society
Mongoose
Mongoose

The EPA Finally Admitted That the World’s Most Popular Pesticide Kills Bees—20 Years Too Late

Bees are dying in record numbers—and now the government admits that an extremely common pesticide is at least partially to blame. For more than a decade, the Environmental Protection Agency has been under pressure from environmentalists and beekeepers to reconsider its approval of a class of insecticides called neonicotinoids, based on a mounting body of research suggesting they harm bees and other pollinators at tiny doses. In a report released Wednesday, the EPA basically conceded the case.

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Jean Lievens: Economics After Capitalism

03 Economy, 11 Society
Jean Lievens
Jean Lievens

In his book Economics After Capitalism: A Guide to the Ruins and a Road to the Future (Pluto Press, 2015), Derek Wall (International Coordinator of the Green Party of England and Wales) discusses various critiques of capitalism, and examines how we can create practical alternatives to capitalism and build a ‘democratic economy and a future free of rampant climate change, financial chaos, and the ravages of elite rule’. Here, we outline the main arguments of his book:

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