Skip to main content

Home/ Politically Minded/ Group items tagged creditor

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
thinkahol *

Libya: All About Oil, or All About Banking? - 0 views

www.readersupportednews.org/...about-oil-or-all-about-banking

Libya: All About Oil or Banking?

shared by thinkahol * on 18 Apr 11 - No Cached
  • thinkahol * on 18 Apr 11
     
    'So is this new war all about oil or all about banking? Maybe both - and water as well. With energy, water, and ample credit to develop the infrastructure to access them, a nation can be free of the grip of foreign creditors. And that may be the real threat of Libya: it could show the world what is 
thinkahol *

America's creditor identifies its budget problem - Glenn Greenwald - Salon.com - 0 views

www.salon.com/...index.html

America's creditor identifies its budget problem - Glenn Greenwald Salon.com

shared by thinkahol * on 13 Jul 11 - No Cached
  • thinkahol * on 13 Jul 11
     
    Since America's political and media class steadfastly ignore this glaringly obvious point, it's nice (albeit self-interested) of the Chinese to point it out for us.  As we endlessly hear about a massive debt crisis, the current President has started one optional war that has already exceeded its estimated costs, plans to continue (if not escalate) two more, is drone-attacking a new country on a seemingly weekly basis, expands sprawling covert military actions in still other countries, builds new overseas detention facilities, all while offering only the most modest, symbolic and illusory "cuts" in military spending.  The alleged need to slash the financial security of American citizens -- and the notion that America faces a severe debt crisis -- would be more persuasive if the country didn't continue its posture of Endless War and feeding the insatiable, bloated National Security State (to say nothing of the equally insatible and wasteful Drug War and its evil spawn, the increasingly privatized American Prison State, which the Obama administration is expanding as aggressively as the War on Terror).
Arabica Robusta

Building a civil economy | openDemocracy - 6 views

www.opendemocracy.net/...building-civil-economy-0

economic theory gift society game

shared by Arabica Robusta on 07 Aug 12 - No Cached
  • my argument is that humans are more relational, ‘gift-exchanging animals’ who are naturally disposed to cooperate for mutual benefit. In the following I will attempt to show how such an alternative anthropology can translate into a ‘civil economy’ and transformative policy ideas: rebuilding our economy and embedding welfare in communities.
  • In the wake of Marcel Mauss’ work on the gift, this model emerged as a legitimate way of rethinking economics: humans are naturally social animals with dispositions to cooperate in the quest for the common good in which all can partake.
  • Building on Polanyi and G. D. H. Cole’s guild socialism, one can suggest that an embedded model means that elected governments have the duty to create the civic space in which workers, businesses and communities can regulate economic activity and direct the ‘free flow’ of globally mobile capital to productive activities that benefit the many, not the few.
  • ...3 more annotations...
  • At national and supranational levels, caps on interest rates would help curb the predations of creditors upon debtors. Linked to such limits on financial domination are new incentives and rewards for channelling capital in productive, human and social activities.
  • f the declared aim is to preserve the dignity of natural and human life, then all participants in the public realm have a duty to promote human relationships and associations that nurture the social bonds of trust and reciprocal help upon which both democracy and the economy rely.
  • Thus, the link between different actors and levels is a series of abstract, formal rights and entitlements or monetised, market relations (or again both at once). As such, welfare beneficiaries are reduced to merely passive recipients of a ‘one-size-fits-all’, top-down service. State paternalism and private contract delivery cost more to deliver less, and they lock people either into demoralising dependency on the central state or financially unaffordable dependency on outsourced, private contractors.
1 - 3 of 3
Showing 20▼ items per page