Are we seeing the collapse of the dollar-dominated global economy?
The near future is one of grave uncertainty and instability as the new global monetary regime takes shape.
American economic policy
On the Existence of Independence
It is Independence Day. This is the worst holiday ever created. Even if you leave out the explosions.
The financialization of the end of the world
The financial mindset has come to so dominate our approach to broad societal problems that it stands in the way of clear thinking about effective approaches to the challenges humanity faces.
How Can We Turn Military Spending into a Budget for the People?
More than 100 representatives voted for the People’s Budget earlier this month, which limits investment in the military and pumps money into jobs, education, health care and climate resiliency. Of course, the resolution was not binding and was voted down by the House. Nevertheless, the ideas in the People’s Budget provide a clear, concise plan for mobilizing the significant resources of the United States in the service of its people — which is kind of how it is supposed to be, right?
Trump’s Proposed Budget Would Spell Disaster for Low-income Communities
While the Trump administration says it wants to help low-income Americans, it just put forth a budget that puts wealthy Americans first, Chuck Collins told Rising Up with Sonali. “They’ve been trampled by the traditional Republican shrink government agenda: deregulate corporations, transfer wealth to the wealthy,” he said.
Five steps for a high well-being society
It’s now eight years since David Cameron first declared that “it’s time we focused not just on GDP, but on GWB – general well-being” and in that time the UK has become a global leader by measuring national well-being – but we have yet to make the leap from measurement to action.
Dumb Money, Day 2
Yesterday we looked at how debt is used to generate high returns, particularly for a small subset of the population and especially during times when central policy makers commit to extended periods of low, stable interest rates.