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Bank of Canada governor says to end privatization of gains and socialization of losses

| August 27, 2012

Addressing health inequalities requires looking beyond individual responsibility

| August 14, 2012

Youth, money and declining faith in capitalism

| August 8, 2012

Labour losing to capital

| August 1, 2012
Columnists

Rethinking democracy, part five: The link between economics and democracy

Image: Jared Rodriguez / Truthout/Flickr

Why do people demanding greater democracy today call themselves Indignados?

Because they're furious. At greed, ostentation in the face of poverty, loss of jobs, loss of good jobs, of homes, gaping inequality, declines in schooling and health care -- in a word, their grievances are economic.

Yet their call is for more democracy -- Real Democracy Now, as they say in Spain.

That's surprising. During the Great Depression of the 1930s, people under economic stress looked for economic solutions: communism, fascism, reformed capitalism, democratic socialism. This time the crisis is economic but the response has been democratic. That may change.

Neo-fascist parties are on the rise in Greece and elsewhere -- but for now, democracy is the default solution.

Unions, equality and democracy

| July 19, 2012
Columnists

Too little, too late: Regulating finance after the Barclays scandal

Barclays bank headquarters, Canary Wharf. Photo: Ben Bodien/Flickr

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Adam Smith's "invisible hand" to organize the market and make it work smoothly isn't really that invisible after all! I can even go further by declaring that there are several "real" hands working frantically to keep a special key interest rate, the Libor, artificially low.

Brian Topp

Greece's financial crisis is a world challenge

| June 28, 2012
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