Tag: Central Bank
The Gendered Impact of Central Banking
‘Women still suffer gender pension gap’ is the title of the article published by the Financial Times (whose subtitle is that “In developed and developing countries, the risk of old age poverty falls disproportionately on females”). This is an unsurprising finding when we consider that the gender pay gap largely persists more broadly and so…
Colonial-Era Debt and Free Banking
The injustice of developing countries having to pay back extortionate rates of interest that emanate from sovereign debt with colonial-era roots is often rightly made due to the oppressive nature of imperialistic regimes of the time. However, one may wonder why such colonial-era debt cannot be feasibly defaulted upon? The standard argument suggests that this…
Leviathan and Behemoth
Introduction The capitalist economy has gone through another shock, and the potential for another, larger one is on the horizon. While it’s seemingly in its death throes, capitalism continues to fuel growth. Under such a system we have seen a vast improvement in general living standards across the globe, despite rigged markets and the omnipresent…
Ανοικτή Επιστολή προς τον Ελληνικό Λαό
Προς τον λαό της Ελλάδας. Εμείς στο Κέντρο για μια Ακρατική Κοινωνία (Center for a Stateless Society) λυπόμαστε για την πρόσφατη απογοήτευση σας στην αποδοχή από τον ΣΥΡΙΖΑ του καθεστώντος λιτότητας που σας επιβλήθηκε από την Ευρωπαϊκή Ένωση. Δυστυχώς, κινήματα τα οποία εστιάζονται στην κατάληψη της κρατικής εξουσίας ως τον κύριο άξονα του αγώνα, καταλήγουν…
An Open Letter to the Greek People
To the people of Greece. We at Center for a Stateless Society extend our sympathies for your recent disappointment from the Syriza government’s acceptance of the austerity regime imposed on you by the European Union. Unfortunately, movements that focus on capturing the state as the primary axis of struggle find themselves, not only not empowered,…
Greece: If You’re Taking Out the Trash, Don’t Forget the Garbage
I. The Nonexistent Ethical Dilemma The showdown between Greece and the EU is one of those events that brings out in stark contrast the dividing line between libertarians whose main concern is genuine economic freedom, and the sort of libertarian whose priority is the interests of big business and the propertied classes. In an exchange…
End the Fed: The Economics of Liberty on Feed 44
C4SS Feed 44 presents Grant A. Mincy‘s “End the Fed: The Economics of Liberty” read by Christopher B. King and edited by Nick Ford. Thanks to Carmen Segarra, however, we now have some keen insight to the inner operations of the Federal Reserve System. Segarra was recently employed at the New York Fed as a bank examiner, charged…
Chiudete la Fed: L’Economia della Libertà
La Federal Reserve ha l’incarico di mettere in pratica la politica monetaria americana. Considerato che dirige la più grande potenza economica mondiale, la Fed è ai vertici delle istituzioni di potere. Anche se guida la politica monetaria pubblica, la Fed è in gran parte privata. Dunque si muove in segreto, in assenza di controlli pubblici….
End the Fed: The Economics of Liberty
The Federal Reserve is responsible for implementing US monetary policy. As it directs the world’s largest economy, the Fed earns top rank among powerful institutions. Though the central bank guides state monetary policy, the Fed is largely a private institution. As such, bank operations move in secrecy, absent of oversight from the public arena. Thanks…
Visions of a Techno-Leviathan: The Politics of the Bitcoin Blockchain
“Visions of a Techno-Leviathan: The Politics of the Bitcoin Blockchain” was written by Brett Scott and published with E-International Relations. We are honored to have Brett Scott‘s permission to feature his article on C4SS. Feel free to connect with Scott through twitter: @Suitpossum and check out his blog: The Heretic’s Guide to Global Finance: Hacking the Future of Money In Kim Stanley…
The Corporate Welfare Bank of the United States
Over the past few weeks, the American business lobby and in particular the U.S. Chamber of Commerce have come out in force to support the reauthorization of the Export-Import Bank of the United States. These groups and their puppets in Washington insist that the Ex-Im Bank is good for American small businesses and supports job…
We Are All Agorists Now
Transfer of Power Arguably the most powerful person in the United States (even rivaling the POTUS), Ben S. Bernanke, has left the Federal Reserve. Since 2006 he has sought to make the economy his marionette. Fed policies, under his direction, worked to manage a collapsed housing market, busted mortgage industry and the 2008 global financial crisis –…
Free Markets & Capitalism?
Markets Not Capitalism
Organization Theory
Conscience of an Anarchist