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Showing posts with the label "economic crisis"
"When the next financial crisis comes – and it will come because, like earthquakes, only the when and how severe is ultimately up for debate – it seems all but inevitable that once again the public will be called upon to step in and bailout the big financial institutions. There is, however, another option. Instead of panic-driven handouts to corporations and temporary quasi-nationalizations, a plan should be in place for cleanly and transparently taking failing financial corporations into genuine public ownership. Ultimately repurposing them, and shifting their activities away from financialization, speculation, and extraction and towards supporting healthy, prosperous, and equitable local economies as well as a sustainable planet." Buyouts, not bailouts: public banks as a solution to the next crisis
Yugoslavia, Argentina, Egypt, Tunisia, Greece ... Venezuela How to depen a crisis and accelerate conflict or how to make a killing The example of Yugoslavia Basil Davidson's review of Susan Woodward's The Balkan Tragedy
Italy " Social phantoms always emerge in moments of crisis. Hatred of the foreigner is the result of a lethal cocktail of bad politics, irresponsible information and economic crisis. Now in Italy all bearings have been completely lost and a climate of endless electoral campaigning has triggered a chain reaction that no one seems able to keep in check: the entire political campaign is focused on the subject of immigration." Keep silent. Don't talk about it
In less than 10 minutes
The Catalan referendum "This concern with identity and recognition unites separatists, creating a coalition of conservatives, progressives and radical anti-capitalists with no common project beyond independence." Short Cuts