The euro zone financial crisis has seen its share of historical events but none more telling than the recent ascension of Mario Monti to the Italian Prime Minister’s chair. With the removal of Berlusconi and the rise of a government of technocrats determined to right Italy’s financial ship of state, yet another European nation’s leadership […]
Read MoreAndrei Zaostrovtsev asks this very pointed question in his article for OpenDemocracy.net, “Privatisation, but No Private Property.” After the fall of the Soviet Union in 1991, many of the state-owned industries were reorganized and sold off to investors by the state, many of these investors becoming very rich off of their purchase of Soviet capital […]
Read More“The system has lost its self evidence, its automatic legitimacy and now the field is open.” Slavoj Zizek Slavoj Zizek, popular and renowned Slovenian political philosopher often cited by the Occupy Wall Street movement, is an outspoken critic of both capitalism and communism. In an excellent interview with Al Jazeera, Slavoj Zizek describes how […]
Read MoreIn a bit of audacity, a Harvard professor states that Warren Buffett’s assessment of the tax situation is erroneous and that tax rates on capital gains and corporate income should be lowered or nearly abolished, rather than raise them as suggested by Buffett so the rich ‘pay their fair share.’ In an argument based around […]
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