The Precarious Question and the Climate Struggle
Fighting for Social and Ecological Justice. Because Climate Change Makes All of Us Precarious.
by Alex Foti
Precarity in the Great Recession
The Great Recession is making millions of precarious workers unemployed. Millions of precarious youth, women, immigrants are being made redundant. The crisis is swelling the ranks of the precariat, [...]
Thanx for all the messages and comments you sent and forgive us if we don’t have time anymore to post. We leave you with one prediction, there’s gonna be a huge social rebellion in the overdeveloped world in 2009-2010. The worst of the crisis is not over, certainly not for an increasingly precarious society, anguished [...]
The Ossie whose understanding of economics is still blurred by Friedman and Hayek’s enthusiasm for deregulated markets and flat taxes is lambasting the Fed and the BoE for the heinous crime of quantitative easing: basically printing money like there’s no tomorrow to avert deflation and global depression.
Europe’s new Iron Lady is even criticizing Trichet [...]
We’re hardcore Kleinians here at GR.info!
NAOMI KLEIN & AVI LEWIS from huffpost
In 2004, we made a documentary called The Take about Argentina’s movement of worker-run businesses. In the wake of the country’s dramatic economic collapse in 2001, thousands of workers walked into their shuttered factories and put them back into production as worker cooperatives. Abandoned by bosses [...]
The Future of the American Dream
by William Greider, The Nation, May 6, 2009
As Franklin Roosevelt understood, Americans will postpone immediate gratification and endure hard sacrifices–if they must–so long as they are convinced the future can be better than the past. But we face a far more difficult problem at our moment in history. What do [...]
Red Correa wins on first round in Ecuador, Sigurdardottir, socdems and green lefties win in Iceland: the crisis is having seismic political consequences everywhere starting last year with Obama, but also with the third cloning of Berlusconi to power: the bifurcation produced by the Great Recession can go either left or right, there’s nothing in [...]
By MIKE WHITNEY
Due to the lifting of the foreclosure moratorium at the end of March, the downward slide in housing is gaining speed. The moratorium was initiated in January to give Obama’s anti-foreclosure program — a combination of mortgage modifications and refinancing — a chance to succeed. The goal of the plan was to keep [...]
We don’t think so. Most of the pledges are verbal, and the extra $500bn given to the IMF, in addition of reviving a hated institution worldwide, are peanuts compared with the trillions needed to keep the world economy afloat. As Keith Hart says, this is a crisis where both capitalists and governments are losing big. [...]
Labour ministers from the Group of Eight wealthy nations and six other major economies are to gather in Rome on Sunday for talks on the “human dimension” of the financial crisis sweeping the planet.
The three-day “Group of 14″ meeting will bring together the G8 leading industrial powers with the emerging giants China, India and Brazil [...]
Italy is the only leading country forecast by the IMF to be facing three consecutive years of contraction (FT)
GDP fell 1% in 2008
Q4 activity contracted by 1.9% qoq. Leading and sentiment indicators suggest Q1 contraction will be as severe as Q4
Mar 4: Senior official of the Bank of Italy said the 1.8% contraction in Q4 [...]