Millennials: The landless generation
After the Global Financial Crisis, developed countries all over the world have created housing bubbles to prop-up their ailing economies, driving up prices, forever locking young people out of the market, diminishing their chance of financial security. You would be forgiven for thinking housing is the problem. In reality the problem is not housing but land. We explore why a land value tax is the only way to ensure prosperity for future generations.
Did you know housing gets counted twice in GDP?
Your car gets counted once when it is built, not when it is driven. Your clothes, your bicycle, your furniture, all get counted once when they are manufactured, and not again when they are worn, ridden, or sat on. But homes are counted twice in GDP, writes Dr Cameron Murray: Once when they are constructed, and again when they are occupied. If we are going to count housing in GDP, shouldn’t we count it just once?
Chavismo – critical but unconditional defence
It is possible to condemn the influence of America and the IMF plundering Venezuela’s election and economy while simultaneously remaining critical of the shortcomings of all nationalist programs in an imperialist world, even as we stand shoulder-to-shoulder with those united under their banners.
None so blind as those who will not see
There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen. Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.
‘It’s ok to not fit in’ – Oliver Stone
Oliver Stone, Hollywood director, producer, writer and documentary-maker used his opportunity while accepting a Writers Guild of America Award to take aim at the system which has produced institutional nation-building to further American interests, and encouraged young writers to be bold, brave and stand-out against the crowd.
Too much news
It used to be that news was more or less the reporting of interactions that were geopolitical in scale. These days, news stories break at the speed of a president’s pudgy little bigot-fingers. Newspapers are complicit in acquiescing to the chaos of Trump’s presidency by keeping us at tweet’s length from a deeper understanding of this new, terrifying White House. One could almost argue that it’s never been more important for newspapers to avoid reporting the news, and instead tell us what’s actually going on.