Posts Tagged 'Boom and bust'

James Howard Kunstler – Say Goodbye to Normal

The  tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis — regular wavelike workings of eternal progress toward an epic more of everything, especially profits! You can forget the supposedly “normal” cycles of the techno-industrial arrangement, which means, in particular, the business cycle of the standard economics textbooks. Those cycle are dying.

They’re dying because there really are Limits to Growth and we are now solidly in grips of those ...

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Hightower: Rapacious Companies Go After Defenseless People in Debt

Good news, people: The “boom” is back! Yes, good times are here again, thanks to an economic boom that’s being generated by (of all things) bad times.

As you might know from your own experiences, tens of millions of Americans have been hit hard, knocked down and held down in recent years by the collapse of jobs and wages. This calamity has led to a second blow for millions of the same families, who find themselves suddenly buried in piles of ...

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Civil Society Denounces World Bank’s Conference on Land & Poverty

Oakland, CA — Every spring for the last fifteen years, the World Bank has organized the “Conference on Land and Poverty,” which brings together corporations, governments and civil society groups. The aim is ostensibly to discuss how to “improve land governance.”

Whereas the 16th conference will take place in Washington D.C. from March 23 to 27, hundreds of civil society organizations are denouncing the World Bank’s role in global land grabs and its deceitful leadership on land issues.

“The big question is whose interests ...

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