Tag: Finance Capital

Imperialism

The crisis of late imperialism

Understanding imperialism is vital to our understanding of the world today, enabling us to chart a path forward to tackle the environmental crisis and to move humanity towards a system of equality and common ownership—socialism. Unfortunately, many on the left either reject the existence of imperialism in favour of a […]

Political Economy

Signs of the next economic crisis

Over the past two months we’ve been reminded constantly about the supposed health of our economy. Unfortunately, things are not as healthy as cherry-picked statistics might suggest—as anybody looking for a hospital bed or a home can clearly see. We’re highly vulnerable as a small, open economy to the vagaries […]

International

Debt, austerity, and the European Union

Towards the end of November the Irish media published reports of comments made by Prof. Christian Kastrop, a former associate of the German minister of finance, Wolfgang Schäuble, one of the architects of the debt crisis. Kastrop now works for the Bertelsmann Foundation, a think tank sponsored by the Bertelsmann Group, one of the principal German transnational
corporations.