By Don Quijones: Quietly, the rules governing global trade and financial markets are being changed. Despite the enormous impact they have on our lives, the public is not consulted. Most people are not even aware it is happening.
Entries in Democracy (134)
By Danny O'Brien: For fear that “non-censored information could challenge military rule and the state on the whole,” even “liking” an article critical of the junta is a crime.
By Don Quijones: The establishment, both inside and outside Spain, is alarmed at the scale and intensity of public anger in the country.
Election results for the European Parliament mortified the French political class, as this universally despised layer is called in France. But now the winner has the gall to accuse the government of “having rigged the vote by the most odious means” to prevent its victory.
By Don Quijones: Europeans are pushing back against the EU Super State. Tired of being treated as lab rats in a dysfunctional economic and political experiment, a large minority will vote for euroskeptic parties in the nearing European elections.
By Maira Sutton: Obama is in Asia to force through the Trans-Pacific Partnership, a trade agreement shrouded in secrecy and dominated by multinational corporations. Parts have been leaked, and the atrocious deal faces mass opposition inside and outside the US.
By Cassandra: In the South of the Eurozone, people feel crushed, their future sacrificed on the altar of the Holy Euro. I’m in the Netherlands, so north of the Great Divide. We’re not suffering as much as the people in Greece, Spain, and Portugal. Not yet.
Armed pro-Russian separatists barricaded in official buildings in eastern Ukraine exhorted Uncle Putin to come to their aid. But sudden breath of fresh air: a poll found that an overwhelming majority of the people in that region want to remain part of Ukraine.
By Don Quijones: It was the first nationally coordinated grassroots response to repressive social and economic policies and widespread corruption of Spain’s ruling political caste. But it descended into violence – as the government is playing a dangerous game.
By Don Quijones: “You’re making a grave mistake,” the CEO of Catalonia’s megabank La Caixa allegedly told Catalonian President Artur Mas. Like many big shots, he’s fretting over the prospect of independence from Spain - an existential threat to the region’s banks.
By Mariana Belisario-Blaksley, The Bubble: Government policies have destroyed the economy, sovereignty, and security of our once rich nation. They led to preposterous exchange controls, persecution, expropriation in the private sector, and impunity regarding corruption. Reading the media has turned into masochism....
By Don Quijones: Europe’s elite seeks to completely redraw the continent’s political and economic map – with or without the consent of the people – taking the countries of Europe towards an arranged political marriage of convenience. Of the elite’s convenience.
By Maira Sutton, Electronic Frontier Foundation: Under pressure from multinational corporations, the White House wants authority from Congress to run over Congress' constitutional powers. The zany, secretive power play of trade deals.
The ECB’s money-printing and bond-buying promise, lovingly dubbed Outright Monetary Transactions, became the bailing wire and duct tape that has kept the Eurozone together to this day. Turns out, it’s illegal under the EU treaties and unconstitutional in Germany.
The steep rise in income inequality is a consequence of a spectacular reallocation of income from labor to capital. It repressed wages and created the biggest profit bubble ever. But pressures are rising. The bubble will get pricked. There will be consequences.
By Don Quijones: Normally these two worlds co-exist relatively peaceably, barely cognizant of the other’s existence. Every now and then, their paths may intersect, only to quickly decouple. But this week they suffered a head-on clash.
By Adrian Bono, Argentina, The Bubble: The last time President Cristina Fernández de Kirchner was seen in public was December 10th – dancing at the Plaza de Mayo in Buenos Aires to celebrate the 30th anniversary of the return of democracy, while a wave of looting tore through many provinces that left ten people dead and frayed the very fabric of society.
By Don Quijones: The EU is riddled with fatal flaws and defects, including the single currency. However, by far the greatest — and certainly most dangerous — structural flaw is its gaping democratic deficit.
By Don Quijones: While many Spaniards may spit bile and venom at the merest suggestion of Catalonian autonomy, they would do well to ask themselves what happened to their own national sovereignty. How is it, for example, that Spain is taking orders on virtually all economic matters from men in black dispatched from Brussels and Frankfurt?
By Chriss Street: Away from the cameras and the media scrum, the first political casualty of the President’s disastrous launch of Obamacare is a bipartisan Congressional revolt against crony capitalists’ effort to pass the clandestine Trans-Pacific Partnership (TPP) treaty.