Because it makes for great political snippets, lawmakers are tossing around the idea of ​​re-policing financial institutions’ prices and the fees they charge for overdrafts and insufficient funds (NSF) fees. While the practices of some banks and credit unions to maximize their fee revenue through transaction display strategies are reprehensible,Read More →

Capitalism creates inequalities. Nature creates inequality. Different socio-economic systems reward different natural inequalities – intelligence, physical health, strength and beauty – with the incentives they create. Capitalism rewards the “bourgeois values” whose left makes fun of: economy, honesty, perseverance, hard work, prudence, tolerance and civility. Socialism rewards cruelty. Material inequalityRead More →

When cryptocurrency proponents talk about how it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention. There are reasons. SWIFT has left sending money from one country to another expensive, slow to the point of days and unavailable 24/7. It’s kind of ridiculousRead More →

Several political commentators have recently speculated that neoliberalism is dead. It’s not. This arguably soulless economic philosophy is evident in the new US Supreme Court ruling that has disarmed the federal government’s best weapon against global climate change. The court ruled that without specific direction from Congress, the Environmental ProtectionRead More →

As stated in our review article, New Left Review is one of the few socialist newspapers that shares a vision similar to International socialism on the conflict in Ukraine. This is reflected in its excellent double issue, which features articles on the war by Susan Watkins, Tony Wood and VolodymyrRead More →

Placeholder while loading article actions You might expect to find skeptics of capitalism in sociology or anthropology departments – and let’s be honest, capitalism doesn’t have as many fans lately. But you would think that the basis of our great American economic system could at least count on the approvalRead More →

Two major influences conspired to make Filipinos hate communism. The Catholic Church, which unequivocally condemns it, and the United States, which is not only fiercely anti-Communist in particular, but also suspicious of socialism in general. Our hatred of communism, the most extreme version of socialism, has blinded us to theRead More →

Founded in 2005, Amigo Holdings PLC (LSE: AMGO, Financial) is a fintech specializing in guarantor loans. These are the types of loans given to someone with bad credit who can call on a trusted friend or family member to back it up. Amigo has secured 80% of the UK collateralRead More →

The loan company provides loan services to government and private employees to help them with additional resources that can help their financial difficulties Award Loans are unsecured, fixed, low-interest loans specifically designed for federal employees. These loans are easily accessible even for employees who have bad credit because the loansRead More →

Gustavo Petro, candidate of the pseudo-left coalition Pacto Histórico (Historical Pact), was elected president of Colombia last Sunday. With 50.44% of the vote, he beat the fascist candidate Rodolfo Hernandéz, nicknamed the “Colombian Trump”, who obtained 47.04%. The result was heralded as the first victory for a “left-wing government” inRead More →

Reading time: 2 minutes With the slow but steady suppression of the coronavirus, Canadian government support programs such as the Canadian Emergency Response Benefit (CERB) have also declined, leaving most low- and moderate-income Canadians economically vulnerable. economic. Online repayable loan facilities, such as My salary in Canadaoffer a quick fixRead More →

The European Christian Political Movement (ECPM), which currently has four MEPs, was presented in Madrid (Spain) on 16th June. Its president Valeriu Ghiletchi explained that “the ECPM is the only European political party that explicitly promotes Christian values ​​in politics. Our movement brings together like-minded individuals, parties and organizations fromRead More →

Spending on symbols of success is universal, but the definition of success varies in an increasingly multicultural America. Tweet that Access the latest research in The Conference Board Multicultural Consumer Survey series. To understand How ethnic identity is reflected in service purchases, the project surveyed 2,000 multicultural U.S. households toRead More →

In 2017, Jean-Luc Mélenchon’s La France Insoumise sat alongside Podemos in Spain, Syriza in Greece, Bernie Sanders’ campaign in the United States and the Labor Party under Jeremy Corbyn as part of a “wave left-wing populist movement that combined charismatic and radical leadership. Strategies. He channeled the anger of FrenchRead More →

By Margaret Kimberly The following article was published on Black Agenda Report on May 29. The shortage of infant formula is not a problem in the system. It actually illustrates all that is wrong when the profit motive reigns. Capitalism cannot ensure a food supply or anything else that humansRead More →

Climate Change and Capitalism in Australia: An Eco-Socialist Vision of the Future From Hans A BaerRoutledge Press, London, 2022xi+240 pp., $35.96 per person Anthropologist Hans A Baer is a well-established writer on global warming and capitalism. In his latest book, Climate Change and Capitalism in Australia – An Eco-Socialist VisionRead More →

From May 31, Russian Foreign Minister Sergei Lavrov began a tour of the countries of the Gulf Cooperation Council. Lavrov’s main objective during these visits is to strengthen ties between Russia and the GCC countries in a global race for geopolitical dominance. The Middle East, particularly the Gulf region, isRead More →

In Half-Earth Socialism: A Plan to Save the Future from Extinction, Climate Change, and the Pandemics, Drew Pendergrass and Troy Vettese define a vision of how we can avoid a dystopian future by stabilizing the environment and simultaneously working towards a just society. The book reorients the dominant values, prioritiesRead More →

⚡ Welcome to The weekly authoritythe Android Authority newsletter that breaks down the top Android and tech news of the week. 197th edition here, with this Pixel 7 prototype, Galaxy foldable specs, Final Fantasy 16 updates, and some good news for coffee drinkers. 🎉This week marked the Queen’s Platinum JubileeRead More →

Important institutions of the global system are trying to create medium and long-term solutions and responses on very important topics. However, it still seems very difficult to find solutions that hit home, as the two “black swans”, the coronavirus pandemic and the Russian-Ukrainian war, still leave many uncertainties hanging overRead More →

Credits Nathan Gardels is the editor of Noema Magazine. At the end of June in Madrid, America led what was once seen as a brain-dead NATO to a newfound unity in the defense of democracies against an aggressive Russia and “challenge China”. At that time, at home, the place wasRead More →

Capitalism is dead in Australia. Long live capitalism. The economic system that made the West rich has been defeated – by itself. It was the election of new awakened capital vs old lazy capital which saw the new kids win while the old ones slept. Having recently watched the GreensRead More →

General elections in New Zealand, Barbados and now Australia have shocked the world. All three elections brought to power social democratic labor parties that campaigned on progressive political platforms. The Barbados election is unique in that Prime Minister Mia Mottley led the Barbados Labor Party to win all contested seats.Read More →

Fintechs and payday lenders are aggressively lending to gig economy workers even as banks and large non-bank financial corporations (NBFCs) become more conservative in the space. Fintech lenders saw demand for food and grocery delivery managers with various app-based platforms jump up to 40% in Q4FY22, industry executives said. HigherRead More →

Just a few space-loving billionaires. — Open democracy How long can billionaires keep amassing wealth while the world’s poorest struggle to buy food? request Paul Roger While it has long been clear that the global economic model is not working for everyone, the rate of wealth accumulation by a smallRead More →

Islam and Economics: An Introduction to Markets, Morality and JusticeBy Ali SalmanActon Institute, USAISBN: 978-1880595466160pp. Pakistani public scholar Ali Salman’s new book, Islam and Economics: A Primer on Markets, Morality and Justice, is a must-have, offering a slightly non-academic overview of Islamic economics. I found myself developing an interest inRead More →

The era of modern American business is defined by CEOs celebrated for their wild growth, wild personalities, and wild wealth. Why is it important: Leading my second company as CEO, I am increasingly convinced that this model of fame, growth at all costs and growth at all costs will notRead More →

Editor’s Note: Lee Enochs is a graduate student of the Mayborn School of Journalism and a graduate of Princeton Theological Seminary. At the risk of sounding like a gadfly or contradicting popular opinion, there seem to be good reasons why one should reject socialism as a viable economic system andRead More →

City Council approved a pilot program at its May 5 meeting to provide monthly payments of $1,000 to 85 households for an entire year. Once people are accepted into the guaranteed income pilot, they won’t have to “prove” they still need the help, as many government-run financial aid programs normallyRead More →

In an interview ahead of a conference in Budapest of the Conservative Political Action Conference (CPAC), Miklós Szánthó, the head of the Center for Fundamental Rights think tank, called the Hungarian right “the most successful political movement in Western Civilization”. ”. He told public radio that conservatives in the WesternRead More →

Socialist Register 2022New polarizations and old contradictions:The crisis of centrismEdited by Greg Albo and Colin Leys320 pages; 978-1-58367-937-1; $29 paper Reviewed by Seth Sandronsky Socialist Register 2022 provides a thought-provoking analysis of the factors and forces driving multiple polarizations in our world. They include nation and race identities, social classRead More →

Studies have long shown that high school students are woefully misinformed about personal finances and how to manage them. But the COVID-19 pandemic, which has revealed how many American adults are living on the financial edge, has spurred ongoing efforts to make financial literacy classes a school requirement. Seven statesRead More →

Even before the war in Ukraine and the severe Western sanctions imposed on Russia, the global economic and financial system was entering a period of transition, says an economic expert. This was elaborated by Sergey Glazyev, former Russian Minister for Foreign Economic Relations, in his book on the current situationRead More →

If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent absence of class conflict would probably make revolutionaries believe they had won. They would see a society divided on all sorts of issues – from identity politics to the right COVID-19Read More →

US President Joe Biden has called the Trump movement “the most extreme political organization” to have existed in recent US history, deepening his criticism of the former president’s hold on the Republican Party at the following revelations about the likely conservative-led Supreme Court decision to eviscerate abortion rights. Biden’s commentsRead More →

Michigan residents without financial resources spend about $3,000 on bank charges each year. Governor Gretchen Whitmer and the Michigan Open Account Coalition (MOAC) announced a low-cost account available to Michigan residents who are unbanked or underbanked. A Federal Reserve Report 2019 found that 22% of American adults are either unbankedRead More →

The strategy adopted by central governments to manage the economic downturn of COVID-19 was simple: bail out the entire capitalist class. Governments in the industrialized world, including that of the United States, have spent billions of dollars providing subsidies to owners, multinational corporations and financiers throughout the pandemic. Although vaccinesRead More →

On January 26, the Consumer Financial Protection Bureau issued a “Request for Information Regarding Fees Charged by Providers of Consumer Financial Products or Services.” In a contemporary statement, CFPB Director Rohit Chopra described the request for information as the start of “a new effort to help American families save billionsRead More →

In his April 26 “Your Turn,” DeVoe Moore laments the rise of socialism and the decline of capitalism in the United States. In doing so, he calls the government’s response to Covid 19 “unnecessary spending” and presents some figures for government spending to deal with this national crisis. In hisRead More →

I suppressed my feelings about the unfairness of our economic system for a very long time. Let’s forget about the injustice of our political system for now. The straw that broke the camel’s back came when I read that our nation’s biggest corporations had been obscenely inflating their profit marginsRead More →