Globalism and its Institutions

Now We're Talking

November 4, 2011
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Hudson is in form on KPFK today with Alan Minsky. 17 minutes - worth doing the dishes to.

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Trade Theory Financialized

October 26, 2011
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To secure its privileges and tax favoritism, the financial sector opposes government power to tax or regulate. Fighting under the banner of “free markets,” it is now fighting to centralize economic planning power in Wall Street, the City of London and other financial centers. What is remarkable is that under ostensibly democratic politics, an...

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Hudson in Russia: The Myth of Neo-Liberalism

September 8, 2011
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Michael is in Russia on tour. More soon.

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Banksters Bailout Builds

August 30, 2011
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We missed this one from nearly two months ago, an interview with Michael on RT News regarding the next round of banking bailouts. Why does America have a budget deficit?

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EU: Class War Declared

June 2, 2011
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Concentration of financial power in non-democratic hands is inherent in the way that Europe’s centralized planning in financial hands was achieved in the first place. The European Central Bank has no elected government behind it that can levy taxes. The EU constitution prevents the ECB from bailing out governments

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Why Iceland Voted 'No'

April 11, 2011
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About 75% of Iceland’s voters turned out on Saturday to reject the Social Democratic-Green government’s proposal to pay $5.2 billion to the British and Dutch bank insurance agencies for the Landsbanki-Icesave collapse. Every one of Iceland’s six electoral districts voted in the “No” column – by a national margin of 60% (down from 93%...

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Will Iceland Vote “No” or commit financial suicide?

April 8, 2011
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A landmark fight is occurring this Saturday, April 9. Icelanders will vote on whether to subject their economy to decades of poverty, bankruptcy and emigration of their work force. At least, that is the program supported by the existing Social Democratic-Green coalition government in urging a “Yes” vote on the Icesave bailout. Their financial...

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Why the IMF Meetings Failed

October 11, 2010
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And the Coming Capital Controls “Coming events cast their shadows forward.” – Goethe What is to stop U.S. banks and their customers from creating $1 trillion, $10 trillion or even $50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other...

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Who Wins?

October 3, 2010
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While Labor Unions celebrate Anti-Austerity Day in Europe, European Neoliberals raise the ante: Governments must Lower Wages or Suffer Financial Blackmail Most of the press has described Europe’s labor demonstrations and strikes on Wednesday in terms of the familiar exercise by transport employees irritating travelers with work slowdowns, and large throngs letting off steam...

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America’s China Bashing: A Compendium of Junk Economics

September 29, 2010
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It is traditional for politicians to blame foreigners for problems that their own policies have caused. And in today’s zero-sum economies, it seems that if America is losing leadership position, other nations must be the beneficiaries. Inasmuch as China has avoided the financial overhead that has painted other economies into a corner, nationalistic U.S....

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