capitalism

Charter School Corruption Will Increase in 2022

While corruption and fraud have been widespread and relentless in the charter school sector for several decades, both appear to be increasing with each passing year.1  The year 2022 promises to bring even more corruption and scandal to this crisis-prone sector that is rapidly undermining public schools and lowering the level of education in society. […]
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Naked @ Work – the Neoliberal Workplace

By Thomas Klikauer and Meg Young It is no longer uncommon to hear people saying, I love my work. Is this just the latest stage of capitalism getting us to work harder so that someone else benefits? Historically, it all started when former peasants were – at times, with brutal force – converted into workers. It was the time when capitalism quite literally was Making[Read More...]

A New Path for Economics

Steve Keen’s book, The New Economics: A Manifesto (2021), offers a new path for economics, and for good reason. In his view, neoclassicism, the paradigm that rules modern-day economics, has become a serious menace: I regard Neoclassical economics as not merely a bad methodology for economic analysis, but as an existential threat to the continued […]
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The Alibi of Tyrants

Julien Charles “The welfare of the people in particular has always been the alibi of tyrants, and it provides the further advantage of giving the servants of tyranny a good conscience.” Albert Camus On John Steppling’s Aesthetic Resistance podcast, guest Varun Mathur posited that we are witnessing – on a global scale – an event …

Profits Amid Covid: Wall Street And Bankers Share

The two Wall Street investment-banking titans dominating this year’s dealmaking frenzy are opening up their wallets to try to keep their bankers happy – and ratcheting up pressure on rivals to follow suit. Media reports including reports by Bloomberg said: U.S. investment bank JPMorgan Chase and Goldman Sachs are reportedly planning to award their investment bankers with major bonuses in[Read More...]

Wealth, Capitalism and Ideology

by Thomas Klikauer & Meg Young Under the motto, “a different world is possible, a different economy is needed” – a German language magazine called Lunapark was born in 2008. It is dedicated to providing a much needed critique of the global economy. Perhaps as a pre-reflection of Glasgow’s 2021 Blah-Blah-Blah-COP26 PR-pageant, Germany’s failed environmental record is on stage, Lunapark started with the political economy on global warming.[Read More...]

An Unprecedented Struggle, A Glorious Victory – Looking Ahead

It is a time for rejoicing and celebration. It is a time for thanksgiving. For the victory of the farmers is not just theirs. Theirs was not just a struggle to protect their own livelihoods but also a valiant battle fought for all of us, so that we continue to get our food at affordable … Continue reading An Unprecedented Struggle, A Glorious Victory – Looking Ahead →

Critical Exposés Everywhere as the Corporate State Worsens

Franklin Delano Roosevelt in his 1938 message to Congress warned that when private power becomes stronger than the democratic state itself, we have Fascism. There are many ways to witness the intensifying domination toward a corporate state. One way is to compare exposé books in the 1960s and the present. Within a span of five years, there were […]