This article is part I of III, of Mr. Zarlenga’s address at the Eastern Economic Association Annual Meeting in NYC on February 26th, 2011. Listen to it here. The ongoing financial crisis presents a rare opportunity for monetary and banking reform. There’s no denying that the present “Economics Regime” has …
The New-Economy Movement
may 2011 NEN member Gar Alperovitz has just published an article, “The New Economy Movement”, in the Nation. Gar, who works with the Democracy Collaborative to support worker cooperatives and new forms of ownership, provided an over view of key players in the emerging new economy movement as well as …
Rethinking Finance: Good Servant, Bad Master
Hazel Henderson is teaching again at Schumacher College for their course “Rethinking Finance: Good Servant, Bad Master?” with Ethical Markets Advisory Board members Tessa Tennant and Ann Pettifor, as well as Nathalie Buschor, Mark Burton and Julie Richardson. Reforming finance is still urgent globally. For example, in the US, the …
Is S&P’s Deficit Warning On Target?
An article from The Baseline Scenario Posted: 21 Apr 2011 05:26 AM PDT By Simon Johnson On Monday Standard & Poor’s announced that its credit rating for the United States was “affirmed” at AAA (the highest level possible), but that it was revising the outlook for this rating to “negative” …
Employee ownership was continuously progressing across Europe since the financial crisis
A newsletter from European Federation of Employee Share EFES NEWSLETTER – APRIL 2011 Employee ownership was continuously progressing across Europe since the financial crisis The number of employee owners was nearly 10 million in 2010 in large European companies (out of 32.6 million employees). The number of companies that have …
A sort of a shoddy investigation!
A publication by Per Kurowski I refer to the “Wall Street and the Financial Crisis: Anatomy of a Financial Collapse” report by the Senate Permanent Subcommittee on Investigations. It is a sort of shoddy investigative work. Why? On April 28, 2004 the Securities and Exchange Commission authorized the investment banks …
Naming Culprits in the Financial Crisis
http://www.nytimes.com/2011/04/14/business/14crisis.html?_r=1 Major progress from the US Senate! The bits about both Deutsche Bank and Goldman will especially bear on the issue of derivatives regulation, as will also the bit about AIG, and both will support the “z” factor relating to collected “securitized derivatives” in the dsFCF smart FTT proposal. Note …
Sharp Drop in American Enthusiasm for Free Market, Poll Shows
A news release from GlobalScan LONDON—American public support for the free market economy has dropped sharply in the past year, and is now lower than in China, according to a GlobeScan poll released today. The findings, drawn from 12,884 interviews across 25 countries, show that there has been a sharp fall in …
Global Investor Forum Showcases Rising Sustainable Businesses
A publication of the World Resources Institute Investing in a Greener Future Global Investor Forum Showcases Rising Sustainable Businesses . “We have the ability to build companies that are sustainable for the environment and are themselves sustainable,” explained Steven Heller, Chairman of CODA Automotive, at the New Ventures Global Investor …
What Makes Bankers Happy?
This article was first published by the Network for Sustainable Financial Markets at www.sustainablefinancialmarkets.org as part of the NSFM opinion series in which contributors write in a personal capacity, proposing specific steps towards real and sustainable market reform. NSFM opinion: What makes bankers happy? Penny Shepherd writes: Since the financial …