L.E.J … and others

Uploaded sur YouTube August 2015:

What lies beneath China's financial tremors?

Published on The Straits Times, Singapore, by John Wong, Aug 29, 2015.

China’s financial fluctuations have sent world markets reeling. But fears of an imminent collapse in the Chinese economy are unfounded … //

… China’s present economic slowdown is also not just about the change in the magnitude of growth, but also the nature of its growth. Continuer la lecture de « What lies beneath China's financial tremors? »

Lessons from Syriza’s Defeat

Published on teleSUR english, by Jerome Roos, Aug 27, 2015.

Far more than regaining state power to exit the euro, the challenge for the Greek left is to build the social power that can sustain a radical rupture.

Now that Alexis Tsipras has resigned, Syriza has split and Europe’s first radical left government has been brought to its knees in less than six months’ time, it is time to reflect. What have the experiences of the past half year taught us? And how does the struggle move on from here?   Continuer la lecture de « Lessons from Syriza’s Defeat »

Mass Migration: What Is Driving the Balkan Exodus?

Published on Spiegel Online International, by Susanne Koelbl, Katrin Kuntz and Walter Mayr, Aug 26, 2015 (Photo Gallerytranslated from the German by Christopher Sultan).

More than a third of all asylum-seekers arriving in Germany come from Albania, Kosovo and Serbia. Young, poor and disillusioned with their home countries, they are searching for a better future. But almost none of them will be allowed to stay … // Continuer la lecture de « Mass Migration: What Is Driving the Balkan Exodus? »

Australia: Basic income is a human right

Published on green left Weekly GLW, by Daniel Elliot, Aug 21, 2015.

Universal Basic Income (UBI) is not a new idea. But it is an idea whose time has come. It is one of the simplest, most obvious pieces of social policy imaginable: every member of a society, with no exceptions, is entitled to enough money to live on.   Continuer la lecture de « Australia: Basic income is a human right »

Puerto Rico: a US debt colony hounded by hedge funds

Published on ZNet (first on Roarmag.org), by Jérôme Roos, Aug 22, 2015.

On August 1, Puerto Rico defaulted on part of its enormous $72 billion debt, paying back only $628,000 on a $58 million loan that was due at the start of the month. The default, which marks the most serious credit event in US state and municipal bond markets since the city of Detroit filed for bankruptcy in 2013, has led many to draw obvious comparisons to Greece – and understandably so.   Continuer la lecture de « Puerto Rico: a US debt colony hounded by hedge funds »

some ideas about what is Socialism – part 2

Related Links:

  • Richard Wolff on Bernie Sanders and Socialism, 25.49 min, uploaded by GRITtv, July 14, 2015 … This week: On Sanders and Socialism. Is socialism still an American taboo? Not so much, says professor Richard Wolff; nor was it in the past, says Nation columnist John Nichols. Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, and a Visiting Professor in the Graduate Program in International Affairs at the New School University in New York City. He has authored or co-authored more than a dozen books, including his most recent; Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown 2010- 2014, and he hosts the weekly Economic Update podcast. John Nichols’ many books include The « S » Word: A Short History of an American Tradition … Socialism, and, most recently, Dollarocracy: How the Money-and-Media-Election Complex is Destroying America. This episode also features an commentary from Laura on renaming capitalism;   Continuer la lecture de « some ideas about what is Socialism – part 2 »