All News Articles for 2011-08-08

Monday, August 8, 2011
Protest Movements Teach Economics to Bankers
WASHINGTON - The European Central Bank (ECB) is run by people who are not very good at economics. They continue to adhere to a fundamentally wrongheaded view of the economy and the central bank's role within it. Unfortunately, there is no internal pressure for change because, like the Communist Party in the Soviet Union, acceptance of the ideology is the price for admission into the clique of economists who can influence the ECB.
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Right-Wing Billionaires Invest in Wisconsin's Recall Elections to Save School Privatization Agenda
As co-chair of Wisconsin’s powerful legislative Joint Finance Committee, Alberta Darling was charged by Governor Scott Walker with cobbling together the most anti–public education budget in Wisconsin history. And Darling delivered, with a plan to slash $800 million in funding for public schools across Wisconsin while at the same time scheming to shift tens of millions from the state treasury into the accounts of private schools.
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[title] “Nickel & Dimed: On (Not) Getting By in America”: Barbara Ehrenreich on the Job Crisis & Wealth Gap
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[title] Who Killed Economic Growth? An Animated Explanation...
The video covers Richard Heinberg's startling (yet painfully obvious) diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable natural limits.
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After the Arab Spring, an Israeli Summer
JERUSALEM - "The people demand social justice!" Across the country's major cities, over 300,000 demonstrators, five percent of Israel's Jewish population, chanted the rallying call for the third consecutive Saturday. The watchword "Revolution!" shouted in unison from Tel Aviv might be just that, yet it was a sea- change compared to the small "dotcom generation" group that set up tents on a trendy Tel Aviv boulevard to protest against the high cost of housing, food, education, and health.
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