Global Economy

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Eric Lotke's picture

Winners and Losers: Wall Street Trumps the Real Economy

Two Washington Post stories show the triumph of the pseudo-economy over the real economy.

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Eric Lotke's picture

2044: Big Brother Inc.

A new novel, "2044," starts where George Orwell’s 1984 left off. The problem is Big Brother Inc., not Big Brother. The government didn’t take over. It got taken over. 2044 follows the pattern to the endpoint.

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Isaiah J. Poole's picture

Opportunities Missed At The G-20

The debate over how well President Obama did at the G-20 summit last week—and certainly the debate over who touched who first in the encounter between First Lady Michelle Obama and Britain's Queen Elizabeth—doesn't address the most important question of all: What did working families around the world get out of the summit? What could they have gotten? more »

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Eric Lotke's picture

Falling Apart, Falling Behind

Not only is America's infrastructure is crumbling, but we are getting lapped by Europe and China when it comes to public investment.

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Philip  Palij's picture

A New Dark Age

I wouldn't describe this piece as left or right wing just 'independently harrassed', a world weary look at some high level social and economic changes taking place around us of which the financial emergency is part

Thursday, 27 November 2008

From: Dan Denning at the Old Hat Factory: The Daily Reckoning Australia

Paris, France - Melbourne, Australia more »

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From the Ashes of Neoliberalism

communitychange.org — The neoliberal agenda has had devastating consequences. To change course, we will need to challenge the values of individualism and competition, and reintroduce the values of community and cooperation.

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Partisan Tangle Over Trade Pact With Colombia

nytimes.com — A drive by President Bush to win passage of a modest trade deal with Colombia erupted Wednesday into an angry partisan confrontation between the White House and House Democrats, with both sides using trade as a surrogate for an election-year battle over jobs, national security and the sinking economy.

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The Private Sector: Too many imports could spoil stimulus plan

post-gazette.com — Before Fed Chairman Ben Bernanke decides on the next interest rate cut to stimulate the economy and head off a recession, he really needs to listen to ... Ben Bernanke. Mr. Bernanke made clear in testimony that American stimulus no longer encourages much more American production.

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