1. The ABCs of the Economic Crisis 
   What Working People Need to Know
   Resource Type: Book
   First Published: 2009
   Rich, powerful people created the economic crisis of 2008-09, while hundreds of millions of working people suffer the consequences -- lost homes, lost jobs, rising insecurity, and falling living standards. How could this happen?
2. The Age of Finance Capital -- and the Irrelevance of Mainstream Economics
   Resource Type: Article
   First Published: 2015
   Despite the fact that the manufacturers of ideas have elevated economics to the (contradictory) levels of both a science and a religion, a market theodicy, mainstream economics does not explain much when it comes to an understanding of real world developments. Indeed, as a neatly stylized discipline, economics has evolved into a corrupt, obfuscating and useless -- nay, harmful -- field of study.
3. An Alternative for SYRIZA 
   Resource Type: Article
   First Published: 2015
   In order to regain sovereignty, a country has to exit not only the EZ, if a member, but the EU itself. Liberated from the noose of the EU treaties and regulations, Greek people will have the freedom to follow a sovereign monetary and fiscal policy and form trade and international alliances to the best of their interests.
4. Another World is Possible 
   Globalization and Anti-capitalism
   Resource Type: Book
   First Published: 2002   Published: 2006
   A call-to-arms for progressive activists. McNally argues that capitalism is synonymous with imperialism and fundamentally incompatible with democracy.
5. Anticapitalism and Climate Justice
   Resource Type: Article
   First Published: 2010
   The current crisis raises the urgent need to change the world from below and do so from an anticapitalist and radical eco-socialist perspective. Anticapitalism and climate justice are two struggles which must be closely linked.
6. Auditing the Greek Debt: Unity of Place, Time, and Action 
   Resource Type: Article
   First Published: 2015
   The recent debt currently being claimed presents features that make it irregular, illegitimate, illegal, unsustainable, and even odious. Allegedly Greek debts that were accumulated before 2010 were already to a large extent illegitimate and/or illegal.
7. Beautiful Trouble - Pocket Edition
   A Toolbox for Revolution
   Resource Type: Book
   First Published: 2014
   Ideas for organizers.
8. Behind the Money Curtain: A Left Take on Taxes, Spending and Modern Monetary Theory 
   Resource Type: Article
   First Published: 2018
   Taxes do not fund government spending.That's a core insight of Modern Monetary Theory (MMT) whose radical implications have not been understood very well by the left. Indeed, it's not well understood at all, and most people who have heard or read it somewhere breeze right past it, and fall back to the taxes-for-spending paradigm that is the sticky common wisdom of the left and right.
9. Bleeding the Patient: The Debt/Deficit Hoax Exposed
   Resource Type: Article
   First Published: 1993
   An edited transcript of a four-hour discussion held by nine progressive political economists. Discusses the hysteria around the government debt-deficit issue and the difficulty in developing counter-arguments.
10. Bubbles Always Burst: the Education of an Economist 
    Resource Type: Article
    First Published: 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 bureaucracy, or even more centralized planning by Wall Street’s financial bureaucracy. The middle ground of a mixed public/private economy has been all but forgotten, denounced as "socialism." Yet every successful economy in history has been a mixed economy.
11. Burdened with Debt Reloaded: The Politics ofr Devaluation
    Resource Type: Article
    First Published: 2012
    A series of defensive and sectional struggles at workplaces in the private sector reveal that the Greek industrial capital has already taken advantage of the new institutional framework of the “state of emergency” now ruling in Greece to prop up its profitability or just transfer its own debts and losses onto the workers.
12. Canadian Information Sharing Service
    Volume 2, Number 1 - May 1977
    Resource Type: Serial Publication (Periodical)
    First Published: 1977
    
13. Canadian Information Sharing Service
    Volume 2, Number 4 - November 1977
    Resource Type: Serial Publication (Periodical)
    First Published: 1977
    
14. Canadian Information Sharing Service
    Volume 3, Number 2 - April 1978
    Resource Type: Serial Publication (Periodical)
    First Published: 1978
    
15. Das Capital, Volume 1 
    A Critical Analysis of Capitalist Production
    Resource Type: Book
    First Published: 1867   Published: 1890
    Marx's great work sets out to grasp and portray the totality of the capitalist mode of production, and the bourgeois society that emerges from it. He describes and connects all its economic features, together with its legal, political, religious, artistic, philosophical and ideological manifestations.
16. 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?
17. Close the IMF, Abolish Debt and End Development
    A Class Analysis of the International Debt Crisis
    Resource Type: Article
    First Published: 1996
    The struggle for repudiation of the debt must be organized internationally and demand not only the collective refusal of debt but cooperation in developing policies to cope with possible reprisals and to create space for the elaboration of creative alternatives to development. I am not talking about an international organization of governments, but rather of the international organization of popular struggle around the debt issue in order to limit state options and force actions in the interests of the working class.
    
18. The Complete Works of Rosa Luxemburg, Volume I 
    Economic Writings 1
    Resource Type: Book
    First Published: 2013
    This first volume in Rosa Luxemburg's Complete Works, entitled Economic Writings 1, contains some of Luxemburg's most important statements on the globalization of capital, wage labour, imperialism, and pre-capitalist economic formations.
19. Connexions
    Volume 11, Number 1 - Spring 1987 - A Digest of Resources and Groups for Social Change
    Resource Type: Serial Publication (Periodical)
    First Published: 1987
    
20. Connexions Digest
    Volume 12, Number 1 - Fall 1988 - A Social Change Sourcebook
    Resource Type: Serial Publication (Periodical)
    First Published: 1988
    
21. Connexions Digest
    Volume 12, Number 2 - Issue 48 - Winter 1988-89 - A Social Change Sourcebook
    Resource Type: Serial Publication (Periodical)
    First Published: 1989
    
22. Connexions Digest
    Issue 53 - January 1991- A Social Change Sourcebook
    Resource Type: Serial Publication (Periodical)
    First Published: 1991
    
23. Connexions Library: Economy, Poverty, Work Focus 
    Resource Type: Website
    Selected articles, books, websites and other resources on the economy and economics.
24. Dealing with credit card debt guide
    A short guide to help you deal with credit card debt, as consumer debt in the UK continues to spiral
    Resource Type: Article
    First Published: 2006
    You don’t need to work for the Financial Times to realise that credit card debt is getting well out of hand. Ten years ago hardly anyone had one. Now there are 91 million credit and debit cards in the UK. Two fifths of our shopping is now put on the plastic. The net result is a large portion of the population with massive credit card debt. Given the extortionate interest rates charged this is seriously bad news for us and the source of gleeful hand rubbing for the high street bankers (what’s that rhyming slang for I wonder?) who are pocketing it.
25. Debt and the Environment
    Resource Type: Book
    First Published: 1991
    
26. Debt Bondage Or Self-Reliance
    A Popular Perspective on the Global Debt Crisis
    Resource Type: Book
    First Published: 1985
    Describes the effects of international debt on workers, the unemployed, and peasants who neither asked for or benefit from such debt. It describes the growing number of people's movements in Canada and developing nations who are struggling against austerity measures.
27. The Debt Crisis
    Resource Type: Book
    First Published: 1990
    
28. Debt: The First 5000 Years
    Resource Type: Book
    First Published: 2011
    Graeber traces the history of debt from ancient societies to modern economic crises, arguing that debt has often driven revolutions and social and political change.
29. Debt Study Kit
    Resource Type: Book
    First Published: 1988
    
30. The Debt System: A History of Sovereign Debts and their Repudiation
    Resource Type: Book
    First Published: 2019
    A history of national debt and the international power structures it supports. Calls for the repudiation of illegitimate debt.
31. The Debt Trap
    The International Monetary Fund and the Third World
    Resource Type: Book
    Details the history of the first thirty years of the system of aid and credit in which the IMF is the keystone.
    
32. The Deficit is No Accident
    Resource Type: Article
    First Published: 1997
    The deficit and national debt were created intentionally by politicians of both parties, to destroy social programs which give working people some protection against unrestrained corporate power
33. Democracy's Oxygen 
    How Corporations Control the News
    Resource Type: Book
    First Published: 1997
    Winter shows that far from providing "democracy's oxygen," the news media legitimize a fundamentally undemocratic system. Instead of keeping the public informated, news organizations manufacture public consent for policies which favour the corporate elite.
34. The Earthscan Action Handbook
    Resource Type: Book
    First Published: 1990
    A compendium of the world's major ills with suggestions for remedial action.
35. Euro Banks vs. Greek Labor
    Varoufakis is Proposing Austerity on the Banking Class
    Resource Type: Article
    First Published: 2015
    Interview with Michael Hudson, professor of economics at the University of Missouri-Kansas City about the current economic situation of Greece.
36. Europe's New Road to Serfdom
    Trichet Threatens Greece with Iron Heel
    Resource Type: Article
    First Published: 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, tourist sites, islands, ports, water and sewer facilities. This will raise the cost of living and doing business, eroding the nation’s already limited export competitiveness. The bankers sanctimoniously depict this as a “rescue” of Greek finances.
37. EuroZone Profiteers: How German and French Banks Helped Bankrupt Greece
    Resource Type: Article
    First Published: 2015
    We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there, says Joseph Stiglitz, former chief economist of the World Bank and a Nobel Prize winner in economics. It has gone to pay out private-sector creditors – including German and French banks.
38. Get Up, Stand Up 
    Uniting Populists, Energizing the Defeated, and Battling the Corporate Elite
    Resource Type: Book
    First Published: 2011
    Levine offers insights into the epidemic of political passivity in America and analyzes how major U.S. institutions have created helplessness and fatalism. He proposes ways of recovering dignity, energy, and unity in order to wrest power away from the corporatocracy.
39. Greece: A no vote against blackmail
    Now is not the time for academic debates. It is time for struggle
    Resource Type: Article
    First Published: 2015
    Our response to the blackmail of the lenders is that the struggle against austerity will not be governed by concerns about the euro system or by the consent of the rulers of Europe. the response should include stopping debt repayments to the lenders, with the goal of cancelling a majority of the debt; carrying out measures to improve the life of workers and poor; and financing all of this with heavy taxes on corporations and the rich, renationalizing large public enterprises and putting the banks under social control.
40. Greece again Can Save the West
    Resource Type: Article
    First Published: 2015
    The 'Greek crisis' is not about debt. Debt is the propaganda that the Empire is using to subdue sovereignty throughout the Western world.
41. The Greek Debt Crisis and Crashing Markets 
    A New Mode of Warfare
    Resource Type: Article
    First Published: 2015
    Greece has indeed become an example. But it is an example of the horror that the eurozone's monetarists seek to impose on one economy after another, using debt as a lever to force privatization selloffs at distress prices. In short, finance has shown itself to be the new mode of warfare. Resisting debt leverage andfinancial conquest is as legal as is resisting military invasion.
42. Greek Debt and the New Financial Imperialism
    Resource Type: Article
    First Published: 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, planning to join larger free trade zones and 'currency unions' should avoid at all cost.
43. The History of Costa Rica
    Resource Type: Book
    First Published: 1998   Published: 2007
    An overview of Costa Rican history with an emphasis on how Costa Ricans have been able to make their own history, "though they do not make it just as they choose."
44. The Housing Mess
    Against The Current vol. 135
    Resource Type: Article
    First Published: 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 than you expect,” statistics continue to say otherwise, in sobering fashion.
45. How Europe cancelled Germany's debt in 1953
    Resource Type: Article
    First Published: 2015
    The 1953 London Debt Accords show that European leaders know how to resolve a debt crisis in the interests of justice and recovery. Article discusses four key lessons for Greece's debt crisis today.
46. Jubilee 2000
    Resource Type: Article
    First Published: 1998
    Asserting that debt is a social and ideological construct, not a simple economic fact, Chomsky examines various qualifications for the Jubilee 2000 that called for international debt cancellation.
47. 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.
48. Lifting the Burden of Debt
    Resource Type: Article
    First Published: 1991
    
49. Markets Gone Mad
    Resource Type: Article
    First Published: 2015
    Until recently, stocks had been on a tear that pushed valuations into the stratosphere. Volatility stayed low because Bernanke's easy money and QE made investors more placid, serene and mellow. They ventured further out on the risk curve and took more chances because they were convinced that the Fed "had their back" and that there was nothing to worry about. Then things began to fall apart.
50. 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.
51. 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.
52. Microfinance or Debt Trap? What the Poor Don't Know
    Resource Type: Article
    First Published: 2018
    Qazi's article outlines how poorly designed microfinance initiatives harm rather than help low income borrowers.
53. The Missing News 
    Filters and Blind Spots in Canada's Press
    Resource Type: Book
    First Published: 2000
    Asks a number of questions, including: How well do the news media filter reality, for what purposes, through what processes and in whose interests? How do newspapers and TV stations choose what news is printed or aired, which letters will be published, or who will be accorded credibility?
54. 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.
55. The Next Liberation Struggle
    Capitalism, Socialism and Democracy in Southern Africa
    Resource Type: Book
    First Published: 2005
    An indispensable guide to understanding how the resources of that era can be used to contribute to real liberation for the region and for the continent of Africa as a whole.
56. Obama's "We Got No Money" Rap
    Why It Augurs a Sinister Banksters' End Game
    Resource Type: Article
    First Published: 2009
    Obama is deliberately precipitating another crisis on the advise of his chief lieutenants. Summers and Geithner are steering the economy back into recession so they can implement the same austerity measures and "structural adjustment" programs which have been used throughout the developing world. It's "starve the beast" all over again. As the stimulus dries up, revenue-depleted states will be forced to auction off public lands, resources, parks and other assets to the highest bidder. The banksters and robber barons will feast on the country's treasures while the middle class is crushed by the freefalling dollar, lost home equity, and persistent high unemployment.
57. Odious Debts
    Loose Lending, Corruption and the Thirld World's Environmental Legacy
    Resource Type: Book
    First Published: 1991
    
58. 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.
59. Other Voices: The Connexions Newsletter - October 8, 2015
    Elections
    Resource Type: Serial Publication (Periodical)
    First Published: 2015
    Elections are the topic of the week, with items related to the October 19 Canadian federal election, and also to broader issues of parliamentary democracy, voting and whether voting can bring about change, and the neo-liberal attack on democracy. Articles look at the Trans-Pacific Partnership Agreement, the financial takeovers of Ukraine and Greece, and debt bondage. Also: a discussion of James Hansen's fossil fuel exit strategy, and a critique of Alinsky-style organizing.
60. Parasites in the Body Economic: the Disasters of Neoliberalism 
    Resource Type: Article
    First Published: 2015
    Michael Hudson discusses his new book, "Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy."
61. Paying Dearly
    The International Debt Crisis
    Resource Type: Article
    First Published: 1987
    
62. A People's Manifesto: Let's Roll Back Austerity and Claim Real Democracy! 
    Urgent common priorities for a democratic, social, ecological and feminist Europe
    Resource Type: Article
    First Published: 2013
    Europe stands on the edge of a precipice, looking into the abyss. Austerity policies drive the peoples of Europe into poverty, undercut democracy and dismantle social policies. Rising inequalities endanger social cohesion. Ecological destruction is worsening while acute humanitarian crises devastate the most affected countries.
63. Puerto Rico's default is fine, as long as Wall Street is repaid
    Resource Type: Article
    First Published: 2015
    On August 1, 2015, Puerto Rico defaulted on part of its enormous $72 billion debt, paying back only $628,000 on a relatively small $58 million loan that was due at the start of the month. The default, which marks the most serious credit event in US public bond markets since the city of Detroit filed for bankruptcy in 2013, has led many to draw obvious comparisons to Greece – and understandably so.
64. The Seven Laws of Money
    Resource Type: Book
    First Published: 1974
    A book that tells you how to live with money; how to get it, care for it, forget about it.
65. Shooting the Hippo 
    Death by Deficit and Other Canadian Myths
    Resource Type: Book
    First Published: 1995
    An examination of how economic policies systematically favour the interests of the rich while pretending to be for the common good.
66. The Silent Revolution in Africa
    Debt, Development and Democracy
    Resource Type: Book
    First Published: 1990
    Cheru ascribes the crisis in Africa to its origins as export-led development rather than the natural factors such as drought and famine. He praises the evolution of ordinary Africans opting out of the formal market and the IMF.
67. Socialist Register 1992
    Volume 28: New World Order?
    Resource Type: Serial Publication (Periodical)
    First Published: 1992
    
68. The Solution to the Country's Debt and Deficit Problem
    Resource Type: Article
    First Published: 2019
    For most people, the country's national debt and annual deficit are not major concerns. However, for a substantial portion of the policy types who make, write, and talk about economic and budget policy, debt and deficits are really big deals. And, the fact that our budget deficit and debt are both large by historic standards, and growing rapidly, is an especially big deal.
69. The Soviets and Tsarist Debt
    Resource Type: Article
    First Published: 2018
    A history of the Soviet's refusal to honor Tsarist debt afterthe 1971 revolution. Looks at the effect on Russia up to and after the end of the USSR.
70. The State of the World Atlas
    Resource Type: Book
    First Published: 1981
    
71. Structural Adjustment
    Resource Type: Article
    The economics of structural adjustment in Canada.
72. Synthesis: A review of events reported in the Canadian press
    Volume V Number 3
    Resource Type: Serial Publication (Periodical)
    First Published: 1977
    Synthesis is the journal of the Canadian News Synthesis Project. Previously known as the Canadian News Synthesis Project (1974 - 1976), Synthesis analyzes and presents current news coverage of the most important economic, political and cultural forces in Canadian Society, using major newspapers from across the country.
    March 1977 issue.
73. Synthesis: A review of events reported in the Canadian press - September 1977
    Volume V Number 7
    Resource Type: Serial Publication (Periodical)
    First Published: 1977
    Synthesis is the journal of the Canadian News Synthesis Project. Previously known as the Canadian News Synthesis Project (1974 - 1976), Synthesis analyzes and presents current news coverage of the most important economic, political and cultural forces in Canadian Society, using major newspapers from across the country.
74. The Third World Debt: The Comforts of Newspaper Pie
    Resource Type: Article
    First Published: 1991
    Canadians are unaffected by the Third World, since most of it arrives in the form of newspaper headlines.
75. 21 States Will Take Away Your Driver's License If You Can't Pay Your College Loans, But Activists Are Fighting Back
    A grassroots project in Montana is a blueprint for activism across the country
    Resource Type: Article
    First Published: 2015
    Thanks to the work of local organizers pressuring lawmakers, Montana residents will no longer have their drivers licenses suspended if they fall behind on their student loan payments. This April, a Montana law that allowed the state to revoke licenses for that infraction was scrapped. However, in at least 21 states, similar laws remain on the books.
76. Unnecessary Debts
    Resource Type: Book
    
77. Wall Street and the Greek Financial Crisis
    Resource Type: Article
    First Published: 2015
    Michael Hudson and Bill Black zero in on some of the key elements of the crisis. They point out that it is not really 'Greece', let alone the Greek people, who have contracted this debt and who have been bailed out until now.
78. We Can't Save the Economy Unless We Fix Our Debt Addiction
    Resource Type: Article
    First Published: 2016
    Our economy has increasingly been financialized, and the result is a sluggish economy and stagnant wages. We need to decide whether to stop the cycle and save the economy at large, or to stay in thrall to our banks and bondholders by leaving the debt hangover from 2008 intact. Without a debt writedown the economy will continue to languish in debt deflation, and continue to polarize between creditors and debtors.
79. What austerity has done to Greek healthcare
    "What I witnessed appalled me - and brought tears to my eyes"
    Resource Type: Article
    First Published: 2015
    The shocking 'austerity'-imposed destruction of Greece's once proud healthcare system is a key reason Greeks have turned to Syriza, finds London GP Louise Irvine in an eye witness account.
80. World Debt: Who is to Pay?
    Resource Type: Book
    First Published: 1987
    The solution of the debt crisis cannot lie in reducing interest rates or juggling exchange rates. As this book shows, merely servicing the swelling mountain of debt means a relentless increase in the physical resources Third World countries must export to the West. This book explores the responsibility of the creditors for this situation, as well as that of the debtors.

Experts on Schulden in the Sources Directory

1. World Bank