Viewing Economics

ADDED 03/16/2018

Authoritarian ICO: How Venezuela’s Government Is Abusing the Blockchain

FROM 03/14/2018 | Medium

BY Robert Greenfield IV

Maduro’s new Petro token is consolidating power and crowdfunding oppression. “Imaginary evil is romantic and varied; real evil is gloomy, monotonous, barren, boring. Imaginary good is boring; real good is always new, marvelous, intoxicating.” ― Simone Weil Last year, token sales raised approximately $5.6 billion. The crypto-method of crowdfunding has opened the floodgates to decentralized funding, which […]

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ADDED 03/08/2018

Why Isn’t Trump President for Life Yet?

FROM 03/08/2018 | Slate

BY YASCHA MOUNK

He is following the same playbook as other authoritarian populists around the world. He’s just bad at it—so far. A week after the horrific shooting at Marjory Stoneman Douglas High in Parkland, Florida, that left 17 dead and 14 injured, Donald Trump publicly scolded members of his own party: “They have great power over you […]

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ADDED 03/08/2018

Hungary by now is no longer a democracy, says Rutgers’ R. Daniel Kelemen

FROM 03/08/2018 | Budapest Beacon

BY Staff

“If you don’t have a free and pluralistic press that is conveying messages on different sides of issues and which is actively critical of the government and its policies, then democracy starts to be meaningless. If people are just fed a steady diet of pro-government propaganda by media sources either controlled by the government or […]

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ADDED 03/08/2018

Filipino chief justice asks people to fight authoritarianism

FROM  | ABC News

BY Jim Gomez, Associated Press

The Philippines‘ embattled Supreme Court chief justice urged Filipinos on Wednesday to stand up against authoritarianism and threats to human rights, in an indirect criticism of the country’s volatile leader, who has long called for her removal. Chief Justice Maria Lourdes Sereno is facing two ouster attempts, including by President Rodrigo Duterte’s administration, whose legal counsel asked […]

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ADDED 03/08/2018

It could happen in Britain

FROM  | The Economist

BY Bagehot

British institutions may not withstand the authoritarian-populist wave. IN HIS dystopian novel of 1935, “It Can’t Happen Here”, Sinclair Lewis described the rise of an American Caesar, Berzelius “Buzz” Windrip. Buzz easily defeats Franklin Roosevelt for the presidency by promising to make America great again. He then sets about destroying the country’s system of checks […]

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ADDED 03/08/2018

Women of ‘new’ Turkey: dystopian sacralised mothers and everyday feminists

FROM 03/08/2018 | Open Democracy

BY Bilge Yabanci

Not a single International Women’s Day or Mother’s Day can pass by without reasserting women’s main duty as child-bearers and men’s responsibility to ‘protect’ and ‘rekindle’ fragile mothers. Last January, shortly after Turkey’s military operation started in Afrin, I was at a women’s event held by a pro-government civil society organisation in a working-class suburban […]

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ADDED 03/06/2018

The Unique Vapidity of the Bibi-ist Right

FROM  | Ha'aretz

BY Uri Misgav

The Netanyahu regime is a populist, Peronist right. It’s doubtful it can even be called fascist; fascism is an ideology with core values that can be challenged. How do they look at themselves in the mirror, the new right-wingers? The prime minister is suspected of receiving a million shekels’ worth of “gifts” and of bribery […]

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ADDED 03/05/2018

Time After Capitalism

FROM 02/28/2018 | Jacobin

BY MIYA TOKUMITSU

A hundred years ago, the United States adopted daylight savings time in order to extract more profit from labor. How would we organize time differently if we were free from the demands of capitalism? Forget Karl Marx’s old saw about hunting in the morning, fishing in the afternoon, and criticizing after dinner — for many, […]

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ADDED 03/05/2018

The unwelcome revival of ‘race science’

FROM  | The Guardian

BY Gavin Evans

Its defenders claim to be standing up for uncomfortable truths, but race science is still as bogus as ever. One of the strangest ironies of our time is that a body of thoroughly debunked “science” is being revived by people who claim to be defending truth against a rising tide of ignorance. The idea that […]

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ADDED 03/05/2018

Taxpayers — not Big Pharma — have funded the research behind every new drug since 2010

FROM 03/02/2018 | Other 98%

BY Alexander Zaitchik

A sweeping study of drug R&D funding shows the public pays for the crucial foundations of medical breakthroughs. So why not let the public have access to them? Something odd happened when the Trump administration submitted the original version of its latest pro-corporate budget: Big Pharma didn’t like it. The problem wasn’t a tax hike […]

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ADDED 03/05/2018

What is the Precariat | Guy Standing | TEDxPrague

FROM 02/16/2017 | TEDxPrague

BY Guy Standing

We’d better have nightmares about the future of milions of people who stand on the brim of unsustainable debt. Guy Standing pracuje na School of Oriental and African Studies – SOAS na University of London. Je autorem mnohých knih, z nichž nejznámnější je asi „Prekariát: Nová nebezpečná společenská třída“, která byla přeložena do 16 jazyků. […]

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