Trans-Pacific Partnership: Should the Key Losers – China and Europe – Join Forces?
Can China and Europe forge a pact to undercut the impact of the Trans-Pacific Partnership?
Read more...Category Archives: Free markets and their discontents
GXG Markets Fallout (I): Capital Venture Europe Sues GXG
The fallout from GXG Markets closure begins: Capital Venture Europe files a lawsuit
Read more...Michael Hudson on Parasitic Financial Capitalism
An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.
Read more...Market Liquidity in Liquid Markets: Pitfalls and Trends
Market liquidity is all about smooth and rapid executions of large transactions. But why is it hard to keep big markets liquid? This column looks at liquidity in fixed-income markets, assesses new trends (as well as the EU’s new market instrument rules), and makes recommendations to policymakers to avoid illiquidity – a timely reminder that the social costs of illiquidity should not be underestimated.
Read more...Who Needs Balanced Trade? Who Needs Balanced Budgets?
Who needs balanced trade? It’s time to challenge the premises of “trade” deals like the TransPacific Partnership.
Read more...Gaius Publius: What’s Called “Capitalism” Is Far from Any Model of Capitalism or Market
Tony Benn and Noam Chomsky take a hard look at what passes for capitalism.
Read more...A Progressive Pope or Greenwashing the Vatican?
Chris Hedges discusses whether the rhetoric coming from Pope Francis helps progressive forces in the world.
Read more...Tony Benn’s Ten Minute History of Neoliberalism
A must-watch speech by the great British socialist Tony Benn.
Read more...Contemporary Capitalism: Neoliberal Capitalism, Financialized Capitalism, or Globalized Capitalism?
Why “neoliberal” is the framework that best describes our new, post 1980 form of capitalism.
Read more...More Proof That Economic Policies Have Failed Workers: Median Real Incomes Stagnant for Last Two Decades
Sometimes one chart really does tell you what you need to know.
Read more...Chris Hedges and Leo Panitch: We are All Greeks Now
Leo Panitch and Chris Hedges discuss how nature of imperialism today is financial power.
Read more...Corbynomics 101: A Guide to People’s QE (PQE)
Why the three big charges commonly made against Corbyn’s “People’s Quantitative Easing” or PQE, are all wet.
Read more...Credit Rating Agencies and Brazil: S&P as Neoliberal Enforcer
Mind you, the rating agencies are far from the only neoliberal enforcers as far as emerging economies are concerned. But it is nevertheless instructive to compare an official rationale with data.
Read more...Soft Power Raises Exports
A nation’s hard power is based on its ability to coerce, while its soft power depends on the attractiveness of its culture, political ideals, and policies. This column shows that a country’s soft power has measureable effects on its exports. Countries that are admired for their positive global influence export more, holding other things constant.
Read more...Why Tax Havens Will Be at the Heart of the Next Financial Crisis
Examining an excellent in-depth investigation by Reuters into global financial stability issues, and the role of tax havens in this giant game of pain and plunder.
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