Tag: debt
Inequality Isn’t Something That Just “Happens”
A think piece by Walter Frick at Harvard Business Review (“Understanding the Debate Over Inequality, Skills, and the Rise of the 1%,” Dec. 21) draws a line in the inequality debate between those (mostly CEOs and other corporate apologists) who see it as resulting from a mismatch between the supply and demand for certain skills,…
Force Rules Everything Around Us
A little ways into The Utopia of Rules, an anarchist critique of state and corporate bureaucracy, author David Graeber asks, “Why are we so confused about what police really do?” It’s an important question, as the problem of police violence and impunity in America can no longer be ignored. For far too long, argues Graeber,…
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,…
Let’s Abolish Government Debt on Feed 44
C4SS Feed 44 presents Erick Vasconcelos‘s “Let’s Abolish Government Debt” read by Erick Vasconcelos and edited by Nick Ford. It’s a radical idea, but debt should be abolished. Today. Over time, it not only morphed into a system that generates increasing debt and that channels money from the individuals to banks’ and capitalists’ pockets, but government…
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…
Debt: Can’t Live With It, Can’t Live Without It on Feed 44
C4SS Feed 44 presents Kevin Carson‘s “Debt: Can’t Live With It, Can’t Live Without It” read by Mike Godzina and edited by Nick Ford. The problem is that the tendency of state capitalism is to increasing levels of stagnation, with larger and larger deficits required to prevent depression. Even in the upswing phase of the business cycle,…
Annulliamo il Debito Pubblico
Primo, è tempo di annullare il debito pubblico. Lo stato non deve avere la possibilità di emettere debito e chiedere prestiti. Vietato. Il debito pubblico, che in pratica non è che debito da ripagare in futuro con tasse pagate da terze parti, non ha alcuna giustificazione. A pagare sono le persone: voi ed io. L’ex…
Let’s Abolish Government Debt
Let’s get this out of the way first: it’s time to abolish government debt. The state should be unable, effectively prohibited to issue new debt and take loans. There is no justification for government debt, which essentially boils down to contracting debt to be covered by future taxes paid for by third parties. By the…
Indebitati o no, non c’è Speranza
Una caratteristica ricorrente del ciclo economico è il fatto che durante una dura recessione lo stato accumula grossi deficit annuali come conseguenza del calo dei proventi dalle tasse, dell’aumento della spesa per sussidi di disoccupazione e aiuti ai poveri, e degli stimoli vari. Questo manda il debito pubblico alle stelle. Nel caso della “Grande Recessione”…
Debt: Can’t Live With It, Can’t Live Without It
A recurring feature of the business cycle is that in deep recession years governments run huge annual deficits as a result of declining tax revenue, increased spending on unemployment and poverty relief and assorted stimulus. This causes government debt levels to skyrocket. In the case of the American “Great Recession,” this manifested itself as a…
The Communism of Everyday Life
David Graeber. Debt: The First 5000 Years (Brooklyn and London: Melville House, 2011). David Graeber, as we already saw to be the case with Elinor Ostrom, is characterized above all by a faith in human creativity and agency, and an unwillingness to let a priori theoretical formulations either preempt his perceptions of the particularity and…
Debt: The Possibilities Ignored
It’s no secret that economists and libertarians have developed a bad habit of assuming things about history and other societies on first principle without actually checking archaeological or anthropological findings. On occasion the divide can be quite stark. David Graeber’s Debt: The First 5000 Years gets a lot of momentum by attacking a widely circulated…
Waarom houden Amerika’s politici hun financiën niet bij?
Om de zoveel maanden nadert de Amerikaanse overheid haar zelfopgelegde “schuldenplafond.” Om de zoveel maanden wordt het Amerikaanse publiek getrakteerd op een theaterstuk over de vraag of het plafond wel of niet moet worden “verhoogd,” inclusief hysterische doemscenario’s over wat er gebeurt als politici niet zoveel geld als ze willen mogen uitgeven aan wat ze…
Why Don’t America’s Politicians Balance Their Checkbook?
Every few months, the US government closes in on its self-imposed “debt ceiling.” Every few months the American public gets treated to theatrics on whether or not that ceiling should be “raised,” complete with hysterical projections of doom if the politicians aren’t allowed to spend as much money as they want, on anything they might…
Big Government Is The Biggest Business Of All
Thomas L. Knapp discusses why you wouldn’t want to even buy a used car from the U.S. government, let alone law and security.
Ecuador Repudiates Foreign Debt: It’s About Time
Ecuador’s president announced in early December that his country would not be paying the interest on its foreign debt in 2009, repudiating it as “illegal” … As the Australians would say, good on them.
Free Markets & Capitalism?
Markets Not Capitalism
Organization Theory
Conscience of an Anarchist