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| | americanaffairsjournal.org
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| | The Italian Marxist Antonio Gramsci coined the term"organic crisis"to describe a crisis that differsfrom"ordinary"financial, economic,or political crises.An organic crisisis a"comprehensive crisis,"encompassing the totality of a system or order that, for whatever reason, is no longer able to generate societal consensus (in material or ideological terms).Such a crisis laysbare fundamental contradictions in the system that the...
| | medianism.org
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| | Until the 1990s, most economists believed that the minimum wage was a major cause of unemployment because that is what the canonical supply and demand model predicts. If wages rise, more people will want to work (increasing the quantity of labor that is supplied) but employers would want to buy less labor (reducing the quantity...
| | braveneweurope.com
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| | As this article demonstrates, EU financial policy is neither determined by law, nor through democratic process, but by its hegemon German led capital. Andy Storey is a lecturer in political economy at University College Dublin [...]
| | theconversation.com
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| The Great Barrier Reef Marine Park Authority has announced it will allow the dumping of three million cubic metres of dredge spoil from the Abbot Point port redevelopment within the marine park's boundaries...