Financial Bailouts

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Bubbles Always Burst: the Education of an Economist
Hudson, Michael
Article
2015
Spouting ostensible free market ideology, the pro-creditor mainstream rejects what the classical economic reformers actually wrote. One is left to choose between central planning by a public bureaucra...
Chicken Game: Eurocrisis, Again.: Washington vs. Berlin
Sciortino, Raffaele
Article
2012
How does one take an autonomous position against the European policies of social butchery without falling into nationalist, anti-German nostalgia or into rhetoric against “Anglo-Saxon speculation”? Ho...
Europe's New Road to Serfdom: Trichet Threatens Greece with Iron Heel
Hudson, Michael
Article
2011
The conditios for Greece's new loan package is that Greece must initiate a class war by raising its taxes, lowering its social spending – and even private-sector pensions – and sell off public land, t...
Greek Debt and the New Financial Imperialism
Rasmus, Jack
Article
2016
Describes how the Greek goverment is forced to extract income and wealth from its workers and small businesses resulting in a new form of financial imperialism that smaller states and economies, plann...
The Housing Mess: Against The Current vol. 135
Prins, Nomi
Article
2008
Despite recent CNBC and MSNBC media hosts suggesting we may be at the ‘bottom’ of the housing market crisis, and Market Watch June 3rd commentary headlines like “Housing market may turn more quickly t...
A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole
Faulkner, Neil
Article
2012
The financial crisis represents the end of an era in which greed and casino-madness had been given free rein by market deregulation and rising debt.
A Marxist History of the World part 106: The Second Great Depression
Faulkner, Neil
Article
2012
Four years after the beginning of the crisis, the neoliberal elite is trapped by the contradictions of the system on which its wealth depends.
The new colonialism: Greece and Ukraine
Rasmus, Jack
Article
2015
According to Jack Rasmus, aA new form of colonialism is emerging in Europe. Not colonialism imposed by military conquest and occupation, as in the 19th century. Not even the more efficient form of eco...
Parasites in the Body Economic: the Disasters of Neoliberalism
Hudson, Michael
Article
2015
Michael Hudson discusses his new book, "Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy."
The People v. the Bankers: Greece Today, US Tomorrow
Hudson, Michael
Article
2010
The Greek "bailout" is actually a bailout of the international banks.
Saving the Whale, Again: The catastrophic incompetence of Citigroup
Cockburn, Andrew
Article
2015
Cockburn discusses the financial recklessness of Citigroup bank and the repercussions.
The unbearable lightness of Greek democracy: Greeks have abandoned all hope that their political leaders have the skills to rescue the nations economy.
Polychroniou, C. J.
Article
2015
The only certain thing is that a government will be formed by a grand alliance whose only mission will be to implement the most painful, humiliating measures ever attempted by a democratically elected...
We can't go on like this
Halimi, Serge
Article
2013
The legitimacy of capitalism as a way of organising society has been undermined; its promises of prosperity, social mobility and democracy have lost credibility. But there has been no radical change. ...
A World at Financial War: Will Greece Let EU Central Bankers Destroy Democracy?
Hudson, Michael
Article
2011
The crisis for Greece – as for Iceland, Ireland and debt-plagued economies capped by the United States – is occurring as bank lobbyists demand that “taxpayers” pay for the bailouts of bad speculations...

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