Share buy backs and the failure of ‘Schrödinger’s capitalism’
The New York Times reported yesterday the return of corporate share buy-backs in the USA. When I tweeted the link to the story, someone replied with perhaps the best analogy…
On the globalisation of occupation
At 8:30 this morning, the vicar appeared. The protesters on the steps of St Paul's were beginning to stir after a disturbed night of discussion, chanting and occupation. At around…
Unvolunteering
By Paul Jon Milne Paul Jon Milne's art can be found on , and his surreal exploration of unemployment, revolution and fighting games can be found on facebook. Trundling through…
Three arrested over Lib Dem conference “traitors not welcome” banner
Three students are believed to have been arrested after dropping a banner reading "traitors not welcome - hate clegg love ncafc" from the building in which the Liberal Democrats are…
Free Hetherington occupation ends: final statement
The Glasgow University Free Hetherington occupation was lifted as of midday today - 31st August 2011. Yesterday was its 212th, and final, day of enforcement. It was the longest running…
Bond markets boom – time to borrow
In both the USA, and the UK, investors are rushing into government bonds. Scared by the turbulent stock market, those with money are desperate to lend money to governments rather…
The economic collapse: four points and a question
1) S&P aren't the point. Let's be clear: there are serious economic problems in America. But we shouldn't take the Standards & Poor downgrading as a serious economic problem in…
Time to crush the IMF
In 2005 Latin America made up 80% of the IMF's total lending. In 2007 it made up only 1%. Over 3 years, their total loan book dropped from $81 billion…
Irish Budget: Key Questions on the Economic Collapse
By Peter McColl and Alasdair Thompson What has happened in Ireland? Ireland this week passed an emergency budget that has both cut public services and increased taxes. It comes after…