Jean Lievens: Bank of England Governor – Capitalism Doomed Without Ethics

Bank of England governor: capitalism doomed if ethics vanish Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down Angela Monaghan The Guardian, Tuesday 27 May 2014 Capitalism is at risk of destroying itself unless bankers realise they have an obligation to create a fairer …

4th Media: Bank of England & Federal Reserve Knew About & Encouraged Massive Interest Rate Manipulation by Big Banks

Bank of England & Federal Reserve Knew About & Encouraged Massive Interest Rate Manipulation by Big Banks We noted in 2012 that bot the Bank of England and Federal Reserve knew about the Libor interest rate rigging scandal by the big banks. Newly-released minutes of the meeting of the Fed’s Open Market Committee confirm that the Fed knew about …

Berto Jongman: Capital Theft, Not Government Corruption, is Root of Poverty in Third World

Flipping the corruption myth Corruption is by far not the main factor behind persisting poverty in the Global South John Hickel Al Jazeera, 1 February 2014 Transparency International recently published their latest annual Corruption Perceptions Index (CPI), laid out in an eye-catching map of the world with the least corrupt nations coded in happy yellow …

Neal Rauhauser: Foreign Policy’s Global Conversation Infographic

Foreign Policy’s Global Conversation Infographic The images and following text were taken from The Global Conversation on Foreign Policy’s site. The site’s graph is user zoomable and the second image shows President Obama, Secretary of State Kerry, and Edward Snowden. I may have to hunt up a print copy and read the full article on …