Gabriel Kolko’s Unfinished Revolution

Published on Zmagazine, by Eli Cook, Aug 24, 2014.

Gabriel Kolko, historian and socialist, died last month in his home in Amsterdam. He was 81.

When Kolko’s The Triumph of Conservatism appeared on the scene in 1963, it was not only a book of history but heresy. This was the era in which American liberalism reigned supreme, and social commentators such as Daniel Bell confidently assured the public that the formula for sustained economic prosperity and political freedom had been uncovered in the form of a capitalist system kept in check by a powerful and centralized regulatory government.   Continuer la lecture de « Gabriel Kolko’s Unfinished Revolution »

Ukraine and Russia: War, not Peace

Published on The Economist, Aug 30, 2014 … and more on Google News-search (my comment: … and the whole blackmailed or otherwise dump elite is unable to stop this mess, as money, power and influences are more important than peoples – Heidi).

… All this came after Mr Poroshenko met Vladimir Putin, for the first time since June, in the margins of a summit in Minsk. The meeting began icily and achieved little. Russia’s interests—keeping Ukraine out of NATO—have not changed. Even if many Russians are ready to buy claims of soldiers “accidentally” crossing the border, the rest of the world is not. Yet Mr Putin still maintains that the war is a “domestic matter”, and calls for negotiations to include representatives of eastern regions. The Kremlin will prop up its rebel proxies to ensure they are not defeated, but has no desire for a full-scale invasion. “Military activities are an instrument for strengthening their political position ahead of negotiations,” says Fyodor Lukyanov, editor of Russia in Global Affairs, a journal … // Continuer la lecture de « Ukraine and Russia: War, not Peace »

We-commerce: The sharing economy's uncertain path to changing the world

Published on Tech Republic, by Lyndsey Gilpin, Aug 27, 2014.

Peer-to-peer collaboration is gaining ground and changing the economics of the future, but there are questions to answer and obstacles to overcome … //

… States of sharing:

Dozens of police departments suspended for losing US military-grade weaponry

Published on Russia Today RT, by Lucy Nicholson, Aug 27, 2014.

Close to 200 state and local police departments in the United States have been suspended for losing military-level equipment transferred to them by the Pentagon, a new investigation found …;

According to the media outlet Fusion, its independent investigation into the Pentagon’s “1033 program,” which equips state and local police departments across the US with excess military equipment, turned up an alarming trend: Not only did many law enforcement agencies fail to comply with the program’s guidelines, they routinely lost dangerous weaponry.   Continuer la lecture de « Dozens of police departments suspended for losing US military-grade weaponry »

Monetary policy in the US and EU after quantitative easing

… Monetary policy in the US and EU after quantitative easing, the case for asset based reserve requirements ABRR – Published on Real World Economics Review, issue no 68, by Thomas I. Palley, Aug 21, 2014.

  • Abstract: This paper critiques the Federal Reserve’s quantitative easing (QE) exit strategy which aims to deactivate excess liquidity via higher interest rates on reserves. That is equivalent to giving banks a tax cut at the public’s expense. It also risks domestic and international financial market turmoil. The paper proposes an alternative exit strategy based on ABRR which avoids the adverse fiscal and financial market impacts of higher interest rates. ABRR also increase the number of monetary policy instruments which can permanently improve policy. This is especially beneficial for euro zone countries. Furthermore, ABRR yield fiscal benefits via increased seignorage and can shrink a financial sector that is too large. Continuer la lecture de « Monetary policy in the US and EU after quantitative easing »

Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges

Published on CorpWatch, by Pratap Chatterjee, Aug 21, 2014.

Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.

The settlement agreement was hammered out by the U.S. Department of Justice, the Securities and Exchange Commission and the attorney generals of six states – California, Kentucky, New Jersey, New York, North Carolina and Maryland. Similar large multi billion dollar settlements over mortgage related fraud have recently been reached with JP Morgan and Citigroup for$13 billion and $7 billion respectively.   Continuer la lecture de « Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges »

German NGO says TTIP will undermine global food security

Published on EurActiv, July 25, 2014.

.The German aid organisation Brot für die Welt warns that a planned EU-US free trade agreement known as TTIP will undermine local support for smallholders in developing countries and exacerbate the global food crisis. EurActiv Germany reports … //

… Support for regional food products under question: … //

… Local farmers disadvantaged:   Continuer la lecture de « German NGO says TTIP will undermine global food security »

AGROFORESTRY

Achieving food and nutritional security through family farming – Published on World Agroforestry Centre, by Kate Langford, August 20, 2014.

With the International Year of Family Farming taking place in 2013, renowned Indian agricultural scientist, M S Swaminathan looks at what is needed to support these most important of producers in achieving food as well as nutritional security, especially in India.

It is estimated there are around 500 million farming families in the world. The International Year of Family Farming “offers an opportunity for achieving a shift from food security to nutrition security,” says Swaminathan. “Family farms tend to be based on crop, livestock, fish, agroforestry and mixed farming systems” which means they lend themselves to being made both nutrition and environment sensitive.   Continuer la lecture de « AGROFORESTRY »

POVERTY