Wall Street bigger and badder than ever on February 13, 2017Being a banker means never having to say sorry. Or worry where that next million is going to come from. Financial results are in for 2016 for the biggest U.S. banks and – surprise! – profits continue to reach the stratosphere. And with Goldman Sachs in firmer control of the U.S. Treasury Department than ever […]
Conceptualising cooperatives as a challenge to capitalist thinking on December 17, 2016As capitalism lurches from crisis to crisis, and a world beyond capitalism becomes a possibility contemplated by increasing numbers of people, finding a path forward becomes an ever more urgent task. That path is likely to contain a multitude of possibilities and experiments, not all of which will prove viable. Psychological barriers will surely be […]
Wages are so stagnant even the Federal Reserve has begun to notice on October 10, 2016You are working harder while not making more. It isn’t your imagination. The latest research demonstrating this comes, interestingly, from the St. Louis branch of the United States Federal Reserve. Perhaps the researchers examining the relation between wages and productivity hoped this work wouldn’t be noticed by the public, as it was published in an […]
CETAs specter of corporate dictatorship still haunts Canada, EU on July 10, 2016The most tepid of blows for democracy was struck this week when the president of the European Commission, Jean-Claude Juncker, reversed himself and declared that the parliaments of the EU member states will vote on the “free trade” deal with Canada after all. Only a week earlier, President Juncker had dismissed the idea of any […]