1. Age of Austerity
   Capital, the Financial Crisis and the State in Canada
   Resource Type: Article
   First Published: 2016
   The financial and economic crisis of 2008 has left a continuing legacy on social welfare, showing up in slow economic growth, unemployment and underemployment, and increasing social conflict. In the debate over the future of the world economy, many foresee a long depression, and the intensification of neoliberal austerity. Geoffrey McCormack and Thom Workman's new book is concerned with Canada's unique economic and social history over the period of neoliberalism, including the financial and economic crisis of 2008.
2. An Anti-Capitalist Manifesto 
   Resource Type: Book
   First Published: 2003
   An extended argument about what the anti-capitalist movement should stand for.
3. Chicken Game: Eurocrisis, Again.
   Washington vs. Berlin
   Resource Type: Article
   First Published: 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”? How do we put together struggles about rights, work and life with a constitutive struggle on the issue of debt, while avoiding any recourse to solutions “from above” to the risk of default?
4. Global Leveraged Buyout or the "Longest Boom in Capitalist History"?
   A Reply to Robert Fitch
   Resource Type: Article
   First Published: 2009
   Fitch's recent article, while making some good points about the unraveling of the world financial system, is seriously flawed.
5. The Great Financial Crisis
   Resource Type: Book
   First Published: 2009
   Foster and Magdoff are able to examine the complex interconnections associated with rising debt, weakening production and investment, stagnant wages, burgeoning unemployment, rapidly growing class inequality, spiraling global economic instability, and spreading militarism and imperialism.
6. Greece and the Future of European Democracy
   Disfunction in the Eurozone
   Resource Type: Article
   First Published: 2015
   Interview with Tariq Ali, author of "The Extreme Center: A Warning". Discussion addresses the current economic situation in Greece and the European Union's role in it.
7. Iceland's Revolution
   Resource Type: Article
   First Published: 2016
   After its financial crisis, Iceland put bankers in jail. But it didn't rein in capital. In reality the responses to the 2008–9 Icelandic banking crash were only modestly progressive and failed to bring about any kind of shift to the left. They have also been much more contested locally than most international media accounts reflect.
8. Killing the Host 
   How Financial Parasites and Debt Bondage Destroy the Global Economy
   Resource Type: Book
   First Published: 2015
   In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and governments.
9. A Marxist History of the World part 105: The 2008 Crash: from bubble to black hole
   Resource Type: Article
   First Published: 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.
10. A Marxist History of the World part 106: The Second Great Depression
    Resource Type: Article
    First Published: 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.
11. A Marxist History of the World part 82: The Hungry Thirties
    Resource Type: Article
    First Published: 2012
    Beginning with the Wall Street Crash in 1929, the world economy entered the Great Depression. The misguided policies that world leaders pursued ensured that millions of lives were torn apart.
12. The Money Crisis: How bankers grabbed our money -- and how we can get it back
    Resource Type: Book
    First Published: 2015
    A historical analysis exposing the flaws in the system that led to financial crisis.
13. Other Voices: The Connexions Newsletter - July 3, 2015
    Greece and thd debt crisis
    Resource Type: Serial Publication (Periodical)
    First Published: 2015
    Our spotlight this issue is on the debt crisis facing Greece. To understand the crisis, one has to look beyond the mainstream media to alternative sources of information. We've done that, with articles that set out to analyze the nature of the debt burden that has been imposed on the citizens of so many countries, not just Greece. Also: celebrating Grace Lee Bogg’s 100th birthday.
14. Other Voices: The Connexions Newsletter - April 1, 2017
    April 1 issue
    Resource Type: Serial Publication (Periodical)
    First Published: 2017
    Other Voices always strives to present you with alternative views on important topics. This issue offers some really alternative perspectives and even some "alternative facts." As always, read critically - and enjoy.
15. The People v. the Bankers
    Greece Today, US Tomorrow
    Resource Type: Article
    First Published: 2010
    The Greek "bailout" is actually a bailout of the international banks.
16. Puerto Rico: a Junta By Any Other Name
    Resource Type: Article
    First Published: 2016
    Empire is once again fashionable. The financial crisis that is presently gutting the island of Puerto Rico plays out like the world's worst case of botched assisted suicide. The sell of its municipal funds and its constitutionally guaranteed promise of repayment to investors has plunged the island into a very precarious situation for its millions of citizens and the opportunity of a lifetime for hedge fund vultures.
17. A Report on Recent Struggles in Greece
    Resource Type: Article
    First Published: 2010
    In periods of crisis, such as the current period of overaccumulation crisis, capitalists use the politics of 'public debt' in order to devise new ways to intensify exploitation. In contrast with capitalist upturns when the private debt is increased, downturns are characterized by the increase of the 'public debt.'
18. The Revenge of History
    The Battle for the 21st Century
    Resource Type: Book
    First Published: 2012
    A critical account of the first decade of the twenty-first century.
19. Sources HotLink - June 30, 2016
    Resource Type: Serial Publication (Periodical)
    First Published: 2016
    Articles about the FBI and the information it gathers, Donald Trump and the media, and the role of pharmaceutical companies in suppressing information.
20. Bird and Fortune - Subprime Crisis
    Resource Type: Film/Video
    First Published: 2008
    The Subprime mortgage crisis explained. John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.
21. A Warning From the B.I.S.: the Calm Before the Storm?
    Resource Type: Article
    First Published: 2016
    The Bank for International Settlements (BIS) is worried that recent ructions in the equities markets could be a sign that another financial crisis is brewing. In a sobering report titled "Uneasy calm gives way to turbulence" the BIS states grimly: "We may not be seeing isolated bolts from the blue but the signs of a gathering storm that has been building for a long time."
22. We can't go on like this
    Resource Type: Article
    First Published: 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. The system has repeatedly come under fire, but it has survived. What has happened? What can be done about it?
23. What is to be done with the banks? Radical proposals for radical changes
    Resource Type: Article
    First Published: 2016
    Nine years after the outbreak of the financial crisis that continues to produce damaging social effects through the austerity policies imposed on victim populations, it's time to take another look at the commitments that were made at that time by bankers, financiers, politicians and regulatory bodies. Those four players have failed fundamentally in the promises they made in the wake of the crisis – to moralise the banking system, separate commercial banks from investment banks, end exorbitant salaries and bonuses, and finally finance the real economy. We didn't believe those promises at the time, and for good reason.
24. Why American Financial Markets Have No Relationship to Reality
    An Economic House of Cards
    Resource Type: Article
    First Published: 2014
    The bullion banks (primarily JP Morgan, HSBC, ScotiaMocatta, Barclays, UBS, and Deutsche Bank), most likely acting as agents for the Federal Reserve, have been systematically forcing down the price of gold since September 2011. Suppression of the gold price protects the US dollar against the extraordinary explosion in the growth of dollars and dollar-denominated debt.
25. A World at Financial War
    Will Greece Let EU Central Bankers Destroy Democracy?
    Resource Type: Article
    First Published: 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 and government debts stemming largely from tax cuts for the rich and for real estate, shifting the fiscal burden as well as the debt burden onto labor and industry. The financial sector’s growing power to achieve this tax favoritism is crippling economies, driving them further into reliance on yet more debt financing to remain solvent.

Experts on Finanzkrise in the Sources Directory

1. World Bank
2. World Customs Organization