Iceland is a great example of people who fought for civility in the face of capitalism run amok. They took a stand when all of the forces of international capital were allied against them.
Rossana Rossanda et al.
Europe is in crisis because it has been hijacked by neo-liberalism and finance. In the last 20 years, the meaning of the European Union has increasingly been reduced to a narrow view.
On Sunday, February 12, 2012, the people of Greece expressed their anger against the terms of the new loan agreement dictated by the EU-ECB-IMF "troika."
The Prime Minister's speech at Davos was, I would bet, written by Stephen Harper himself. It bore the stamp of his long-standing contempt for the European welfare state.
I'd like to join the war against the war against Christmas: a cause bravely championed by muffled voices in the catacombs like Bill O'Reilly at Fox News and Rex Murphy on CBC.
The Euro deal at least averted an immediate banking crisis and induced temporary market euphoria, but it is not going to provide a lasting solution to the Euro sovereign debt crisis.
Credit card debt began to rise sharply in the 1990s with major marketing campaigns. The middle class started to make up for a decline in real wages by using credit to make ends meet.
Prime Minister Stephen Harper's op ed in the Globe and Mail yesterday on his hopes for the Cannes summit is disappointing, even if the content comes as no surprise.
Exposing what banks do, how inherently fragile the whole system is, and how unproductively its power has been wielded, lays the groundwork to demand a new approach to managing the credit system.
The cost of debt culture.