Costs of Global Capitalism

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The International Labor Organization (ILO) just released a report on December 5, 2014 (http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_324645/lang--en/index.htm) sharply exposing what the development of global capitalism means and costs. Here are its key conclusions:

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This article originally appeared at Truth-out.org

System Change, or There and Back Again: Capitalism, Socialism, Fascism

Societies today where capitalist economic systems prevail confront government gridlock. Facing serious and deepening economic problems, even when their leaders can...

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The Fall of the Berlin Wall and the Failures of Actually Existing Economic Systems

Hype went wild coming into last week's 25th anniversary of the fall of the Berlin Wall. "Freedom" had been achieved. The German Democratic Republic (GDR)...

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Young Democratic Socialists: Interview With Professor Richard Wolff

YDS National Organizer Betsy Avila recently sat down withRichard Wolff, Professor of Economics and visiting professor at The New School in New York...

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This article originally appeared at Truth-out.org.

Four-Day Workweeks: Change for the Better?

Changes in the capitalist system's operating procedures, rules and regulations are always presented as if they were in everyone's interest, a kind of "everybody wins" social progress. The changes usually turn out to be mostly or entirely in capitalists' interests since they run their system that way. Are we surprised and shocked?

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