Archive for the ‘economics’ Category

US to world: please ignore Mr Bush

Wednesday, December 12th, 2007

There are three crucial issues I believe to be facing us in the world right now, and they are, as I have lately been discussing with some of my close friends, all closely interlinked.

One is our reliance on hard power to dominate the world – the good news is that this will eventually destroy us, if we continue in this path, just as it did the Soviet Union in the cold war. The bad news is that, on the way, there will be tremendous human suffering. The worse news is that we face other another more pressing issue. (more…)

Banker to the Poor: Micro-Lending and the Battle Against World Poverty ∞ Get Rich Slowly

Wednesday, September 26th, 2007

Banker to the Poor: Micro-Lending and the Battle Against World Poverty ∞ Get Rich Slowly

J D Roth  writes about the use of micro-finance to battle poverty.  He says it well enough that I won’t bother reiterating here, except to say that this is the sort of thing a group of workers could do once they’ve established a successful collective and freed themselves from debt.

Supernovae, Debt Snowballs, and class struggle

Wednesday, September 12th, 2007

A dear friend of mine has recently been saying to me that there is no way for working people to obtain the means of production through the existing economic system. I believe that there are ways in which workers are already acting to use the economic structures of our society to acquire controlling interests in their respective workplaces, thereby creating worker-owned collectives. Thus, I believe that the existing economic system, despite its flaws, can be used by oppressed people in the process of liberating themselves. (more…)