Richard D. Wolff: What is Capitalism and Socialism? What is Money? What is Debt Jubilee?

Occupy May Day 2012

Image by brent granby via Flickr

Dandelion Salad

acTVism Munich on Feb 21, 2017

In this interview with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff, we talk to him about Capitalism and Socialism.

Continue reading

If We Don’t Solve The Problem Of Economic Polarization, We’re Going To Go Into Another Dark Age by Michael Hudson

cancel the debt

Image by Friends of the Earth International via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
January 27, 2017

Speech to Kairos group, Union, Columbia
[Edited version for clarification, January 23, 2017]

The focus of my talk today will be Jesus’ first sermon and the long background behind it that helps explain what he was talking about and what he sought to bring about. I’ve been associated with Harvard University’s Peabody Museum for over thirty years in Babylonian economic archeology. And for more than twenty years I’ve headed a group out of Harvard, the International Scholars Conference on Ancient Near Eastern Economies (ISCANEE), writing a new economic history of the ancient Near East.

Continue reading

Brexit and the Derivatives Time Bomb by Ellen Brown

Brexit

Image by Rich Girard via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 1, 2016

Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered.

Continue reading

The Road to Democracy by Rudo de Ruijter

DEMOCRACY

Image by SUXSIEQ via Flickr

by Rudo de Ruijter
Writer, Dandelion Salad
Independent researcher
www.courtfool.info
Netherlands
March 11, 2016

The word ‘democracy’ is derived from the Greek words ‘demos’, = people, and ‘cratein’, = rule. Democracy would be the best possible form of governance. In a complete democracy all citizens have the right to speak. Anyone can call attention to problems. Anyone can propose solutions. And all may express arguments in favor or against these solutions, so all interests in play can be discussed. This way decisions can be taken, based on all available knowledge and insight. Supplementary advantages are, that when people participate in the process, they know why the decisions are taken and will respect them more easily. Also, they acquire insight in other peoples’ interests, which contributes to mutual comprehension and peaceful living together.

Continue reading

J is for Jubilee, K for Kleptocrats by Michael Hudson

letter J

Image by Leo Reynolds via Flickr

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
December 6, 2013

Parts J & K in the .

Jubilee Year: In Judaic Law (Leviticus 25) a Clean Slate to be proclaimed every 50 years annulling personal and agrarian debts, liberating bond-servants to rejoin their families, and returning lands that had been alienated under economic duress. Long thought to have been merely a literary religious ideal, the policy has now been traced back to royal proclamations issued as a matter of course in Sumer and Babylonia in the third and second millennia BC. (See Bronze Age.)

Continue reading

What Is The Rolling Jubilee? + OWS Bails Out The 99 Percent

Dandelion Salad

Strike Debt burning debt at Occupy Wall Street S17 Anniversary Concert in Foley Square

Image by Steve Rhodes via Flickr

Nov 7, 2012 by

www.rollingjubilee.org
www.strikedebt.org

We need a jubilee, a clean slate, a cancellation of debt for the 99%.

The Rolling Jubilee raises money to buy debt. But instead of collecting on the debt we buy, we’re going to abolish it. It’s time for a bailout of the people, by the people.

Continue reading