archive

The squandering of America

From Post-Autistic Economics Review, Frederic Lordon (CNRS): High finance, a game of risk: Subprimes, ninja loans, derivatives and other financial fantasies. Niall Ferguson on evolutionary theory’s take on the credit crisis: — Bailing out institutions can thwart a necessary process. Benjamin Barber reviews Robert Reich's SupercapitalismMore on The Squandering of America by Robert Kuttner. Are we in a recession? Six experts assess the current state and forecast the future direction of the American economy. An article on why NAFTA was a very good thing. Workers of the new world unite! The US has one of the lowest rates of union membership in the industrialised world — how, then, to account for the sudden upsurge in labour militancy in the unlikely quarter of the television and film industries?