Monthly Archives: October 2012

Originally posted on occasional links & commentary:
The next time someone disputes the idea that capitalism kills, suggest they consider these examples: The effects of austerity and unemployment in Greece. As the head of Greece’s largest oncology department, Dr. Kostas Syrigos…

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Originally posted on Real-World Economics Review Blog:
from The worldwatch institute A recent projection places the total value of conventional global fossil fuel subsidies between $775 billion and more than $1 trillion in 2012, depending on which supports are included…

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Anti-leftism disguised as concern about democracy – the playbook hasn’t really changed

Celia Szusterman has a post up at Open Democracy about Cristina Kirchner and she doesn’t like her or her policies one bit. I first have to say something about Open Democracy. Their mission statement is free thinking for the world … Continue reading

Posted in belief systems, democracy, economic policy, media, neo-liberalism, standards of living, wealth distribution | 1 Comment

Bill Mitchell’s optimism

I’ve just finished Bill Mitchell’s Full Employment Abandoned. This is a very relevant read if one aims to understand the ravages of neo-liberal ideology and – even more importantly – why that approach is not inevitable. Mitchell shows very nicely … Continue reading

Posted in developed countries, economic policy, macroeconomics, neo-liberalism, oligarchy, standards of living, wealth distribution | Leave a comment

“Saving” Greece

Anyone who follows the goings on of political economy in Europe a bit clearly sees that austerity is a disaster for Greece (and Spain, Portugal, Ireland, Italy soon to come): ~25% unemployment, ~50% youth unemployment, falling salaries for the public … Continue reading

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