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globalsouth.co | ||
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dissidentvoice.org
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| | | | | As an intended outcome of neoliberal doctrine and a natural stage of capitalist development, global financialization constructs a borderless nexus of power in which debt and austerity fuels a cultural, political and economic landscape bound to enduring structures of domination, and creates unprecedented wealth through the accumulation of suffering. ***** According to economist Richard Wolff, | |
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im1776.com
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| | | | | The COVID pandemic provided a natural experiment in experts' competence. The results were unambiguous. Every major government recommendation was proven wrong: masks did not work, then they were essential, then two were better than one. The virus did not spread asymptotically; then, asymptomatic spread became the primary driver. Two weeks to flatten the curve became two years of flattening. | |
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michael-hudson.com
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| | | | | [AI summary] This article delves into the historical context of economic systems, focusing on the collapse of ancient civilizations like Greece and Rome due to oligarchic structures and unsustainable debt. It highlights the contrast between ancient practices of debt cancellation and modern financial systems, emphasizing the importance of debt forgiveness to prevent social and economic collapse. The discussion includes insights from economist Michael Hudson, who argues for the necessity of debt cancellation as a means to restore economic balance and avoid the fate of ancient civilizations. The piece also touches on the implications of global debt, particularly for the Global South, and suggests that debt forgiveness could be a critical step toward justice and... | |
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dianeravitch.net
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| | | Over the past decade, the Republican Party has unleashed a furious attack on public schools. The public has been inundated with absurd claims about "bad teachers," which has diminished the number of people entering the teaching profession and driven out experienced educators. Other crazy claims: the public schools are unpatriotic, teach "critical race theory (which... | ||