Michel Bauwens: Michael Hudson on the crucial link between democracy and debt throughout history

I don’t know of a more crucial text to read in this epochal transition. Republished from Michael Hudson: “Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into …

2011 Robert Steele: Global Trends 2030 – Gaps + RECAP

UPDATE 11 December 2012:  The report is now out.  The below commentary was posted 12 December 2011, one year prior to the final report.  Global Trends 2030: Full Copy (166 Pages) Here, Review by Robert Steele — Report Lauds Fracking as Energy Solution, Disappoints on Multiple Fronts Although Global Trends 2030 will not be released …

Chuck Spinney: Break-Up of Iraq, History of Oil Invasions

The below report by Patrick Cockburn, one of the best reporters now covering the Middle East, describes the growing tensions in Iraq over the question of sharing its oil wealth among its constituent regions.  Although his report is important in its own right, its contents become even more ominous when they viewed in a larger historical context: …

Chuck Spinney: Effect of the Recession on the Deficit?

The failure of the so-called Super-Committee to come up with a plan for reducing the federal deficit has put the automatic sequestration process into play, at least for the time being.  If executed, sequestration will impose arbitrary across-the-board spending cuts in the belief that reduced federal spending will reduce the deficit and reverse our economic …

David Swanson: History of Corporate Personhood — How Lewis Powell & US Chamber of Commerce Bought the US Supreme Court

The Real History of ‘Corporate Personhood’: Meet the Man to Blame for Corporations Having More Rights Than You The real history of today’s excessive corporate power starts with a tobacco lawyer appointed to the Supreme Court.  By Jeffrey Clements, Berrett-Koehler Publishers, AlterNet The following is an excerpt of Jeffrey Clement’s Corporations Are Not People: Why They Have …