Tag: economics

Repowering the world: the challenge of electrification

Adam Tooze As far as we are currently able to judge, our best chance to halt the further escalation of the climate crisis through decarbonization of the economy depends on electricity and electrification. Given the current horizon of technological expectations, electric power and electric technology offer us the best chance of reconciling the insatiable desire… Read More Repowering the world: the challenge of electrification

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The Betrayal of Adam Smith

How conservatives made him their icon and distorted his ideas Kim Phillips-Fein How did Smith’s ideas become so thoroughly integrated into conservative defenses of the free market against regulation? And are these the only ways of reading his work? These are the questions at the heart of Adam Smith’s America, Glory M. Liu’s intriguing account of… Read More The Betrayal of Adam Smith

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Covid reshaped the global labour market – these strikes are just the start

Between ageing populations, shifting attitudes and challenges to capitalist beliefs, workers have unprecedented power James Meadway As strikes and labour disputes surge around the world, we appear to be at the beginning of a period in which the balance of power in workplaces and labour markets swings in favour of workers, having long been skewed… Read More Covid reshaped the global labour market – these strikes are just the start

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Month after Hindenburg report, Adani stock fall shows short seller’s findings could have been right

TCA SHARAD RAGHAVAN A month after the release of the Hindenburg Research report, which claimed stocks of the Adani Group’s companies are substantially overvalued, its assessment seems to be turning out to be correct and in some cases — nearly exactly so. The report was released on 24 January. In its original report, Hindenburg Research,… Read More Month after Hindenburg report, Adani stock fall shows short seller’s findings could have been right

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Adani stock rout leaves tens of millions in Australian retirement savings exposed

Jonathan Barrett Tens of millions of dollars worth of Australian retirement savings have been exposed to the beleaguered Adani Group as the Indian conglomerate faces a stock rout after allegations of fraud. Several major superannuation funds, including those that cater for government workers in Queensland and employees at the Commonwealth Bank (CBA), invested in the company after… Read More Adani stock rout leaves tens of millions in Australian retirement savings exposed

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Rescue Our Democratic Society: Constitutionally Render Corporations Unequal to Humans

The argument that corporations must be treated like real people… is in my view preposterous. Corporations are legal fictions. They have no opinions of their own to contribute and no rights to participate with equal voice or vote in politics: Richard Dworkin By Ralph Nader / RalphNader.org No other institutions consistently Rule over as Much in… Read More Rescue Our Democratic Society: Constitutionally Render Corporations Unequal to Humans

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George Lakey on Capitalism, public health and the Nordic model / Noam Chomsky nails the most overlooked element of the pandemic

First posted April 06, 2020 George Russell Lakey (born 2 November 1937) is an activist, sociologist, and writer who added academic underpinning to the concept of nonviolent revolution. He also refined the practice of experiential training for activists which he calls “Direct Education”. A Quaker, he has co-founded and led numerous organizations and campaigns for justice and peace.”  Emergencies… Read More George Lakey on Capitalism, public health and the Nordic model / Noam Chomsky nails the most overlooked element of the pandemic

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