Re-thinking the Definition of Public Goods

Published on Real-World Economics Review Blog, by Editor / from June Sekera, July 9, 2014.

… 4. The Three Types of Public Goods:

  • Category #1: No effective market. In this category are goods and services that market-based suppliers lack incentive to invest in producing either because:
  • a) their benefits are spread so broadly that their value cannot easily be captured in an exchange between an individual buyer and seller so it is impractical or impossible to charge users individually. For such goods and services, collective payment is more practical, or it is the only way they will be produced.   Continuer la lecture de « Re-thinking the Definition of Public Goods »

The higher morality of reproductive choice

Published on Intrepid Report, by Dennis Rahkonen, July 10, 2014.

Abortions are often necessary, and only each female, in her own unique circumstance, can determine what constitutes a legitimate abortion need. No one has the defensible authority to second-guess or demonize any woman who arrives at that conclusion. The death of even a single already-born, living, breathing, socially functioning female from medical complications, wire hanger/back alley desperation, or suicide—because safe, legal pregnancy termination was unavailable to her—is a far worse travesty than the “holocaust of murdered babies” in which “of” is the sole, not-wildly-inapplicable word.   Continuer la lecture de « The higher morality of reproductive choice »

the Commons as a fount of hope

Published on The Bullet, Socialist Projects’s E-Bulletin no 1006, by Richard Swift, July 9, 2014.

The commons is not just a battlefield between corporate predators and those who resist them – it is also a source of hope for those willing to imagine a world beyond capitalism. It represents a space between the private market and the political state in which humanity can control and democratically root our common wealth. Both the market and the state have proved inadequate for this purpose. In different ways, they have both led to a centralization of power and decision-making. Both private monopolies and state bureaucracies have proved incapable of maintaining the ecological health of the commons or managing the fair and equitable distribution of its benefits … // Continuer la lecture de « the Commons as a fount of hope »

India government must value migrant workers

… for more than the billions they send home, says Amnesty – Published on Countercurrents, by Amnesty International, July 7, 2014 (download full report in pdf, 83 pages).

The lack of effective regulation of visa brokers and rogue recruiting agents makes Indian migrant workers vulnerable to serious human rights abuses, said Amnesty International India today in a new report focusing on migrants from the Indian state of Kerala working in Saudi Arabia .

The report, Exploited Dreams: Dispatches from Indian migrant workers in Saudi Arabia, highlights cases of migrant workers from Kerala who were deceived about their jobs, wages and working conditions by Indian visa brokers and rogue recruiting agents. Many workers went on to face a range of abuses in Saudi Arabia , which at their worst included forced labor … // Continuer la lecture de « India government must value migrant workers »

Mortgage Debt and the Looming Foreclosure Crisis

as the FED runs out of bullets, local governments are stepping in – Published on Global Research.ca (first on Web of Dept), by Ellen Brown, July 6, 2014.

… The Fed’s massive quantitative easing program was ostensibly designed to lower mortgage interest rates, stimulating the economy. And rates have indeed been lowered – for banks. But the form of QE the Fed has engaged in – creating money on a computer screen and trading it for assets on bank balance sheets – has not delivered money where it needs to go: into the pockets of consumers, who create the demand that drives productivity.   Continuer la lecture de « Mortgage Debt and the Looming Foreclosure Crisis »