No cheering for fiscal treaty in the streets of Europe
Cutbacks and layoffs have touched off huge street protests, general strikes, and the collapse of governments.
MF Global meltdown shows U.S. vulnerable to Eurozone crisis
The collapse and bankruptcy of MF Global, led by former New Jersey Gov. Jon Corzine, demonstrates the vulnerability of the U.S. financial system and economic recovery to the Euro crisis.
Columbus Day questions
On this Columbus Day, let's consider the discrepancy between how newcomers are celebrated in our history but ostracized in our society.
European workers have nothing but chains to lose
Shying away from political union now means the collapse of the Euro, the common market and the growth and economies of scale it promises.
Free online movie, Debtocracy, tells story of Greek debt crisis
Debtocracy, a free online movie distributed under Creative Commons license, exposes roots of Greece and Europe's debt crisis and offers an alternative to austerity policies.
Europe and U.S. have same problem: capitalism
Major sections of capital believe the debt crisis gives them a golden opportunity to completely shift the costs of the "reproduction of labor power" to working people and break their fighting spirit.
A victory for one is a victory for all
Americans have a lot in common with the people in Europe, Asia, Africa and Latin America struggling against debt austerity.
Victory Day celebrated abroad
Here in the U.S. May 8th is called "Victory in Europe" day. We should celebrate it more than we do.
Public spending at issue as G-20 meets
TORONTO - The G-8/G-20 summit here this week could determine the future of global economic recovery, as the U.S. and Europe take opposing positions on spending and budget cuts.
The people of Greece and the rest of us
If you rely on the major mass media to get a picture of what's going on in the world you probably think the economic crisis in Greece was caused by irresponsible Greek workers living high off the hog.
