Tag Archives: Neocolonial-Financialization Model

The Decline and Fall of the European Union

That a single currency, the euro, would fracture rather than unite Europe was understood long before the euro’s introduction as legal tender on January 1, 2002. The euro, the currency of 19 of the 28 member states of the European Union, … Continue reading

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We Need a Social Economy, Not a Hyper-Financialized Plantation Economy

We all know what a hyper-financialized economy looks like–we live in one:central banks create credit/money out of thin air and distribute it to the already-wealthy, who use the nearly free money to buy back corporate shares, enriching themselves while creating … Continue reading

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Collapse, Part 1: Greece

The theme this week is collapse. It’s a big, complex topic because there are as many types of collapse as there are systems. Some systems appear stable on the surface but collapse suddenly; others visibly decay for decades before finally … Continue reading

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