The seeds of neoliberalism were planted in the 1980s by right-wing politicians like Ronald Reagan and Margaret Thatcher, and around the world we're still harvesting the fruit of those policies today.
As Greece hovers between misery and incipient tragedy, it's worth delving into its roots. Who's responsible for this collision of capital and humanity? How can Greeks escape the flames of austerity?
As we watch the news of a last-minute deal, Michael Hudson reflects on what Greece might achieve and the Delphi Declaration.
Postmedia's largest shareholders are two foreign interests. If the National Post is owned by these does it still make them a Canadian newspaper? Hmm, let's follow the money.
If two foreign interests, with little background in news, own the Canadian newspaper National Post, then is it still Canadian? Hmm, seems like they found a loophole around that.
Many retirees have found out that the pension they earned over decades of contributions to plans turned out to be less secure than they had assumed.
Mar 4, 2014
George Vari Engineering and Computing Centre
245 Church StreetToronto , ON
Canada43° 39' 28.9404" N, 79° 22' 39.5148" W
Costas Lapavitsas teaches economics at the School of Oriental and African Studies, University of London. He has done research in the political economy of money and finance.
Current deficit predictions are based upon years of faulty predictions. It's a deficit prediction pattern that helped bolster the deficit narrative crisis that led to the austerity agenda of 2012.
Alistair and Sheila Dow, two leading heterodox economists from the U.K., apply the main features of staples analysis to the case of the financial sector and find surprising similarities.
Margaret Thatcher broke decisively with the post-war Keynesian welfare state and ushered in the still-enduring age of neo-liberalism.