Booms and slumps – what causes them?

November 6, 2018

“Recessions,” “Slumps,” or “Crises,” as they are variously referred to, are now accepted as a quite regular part of economic life. Politicians now rationalise such crises, describing them as a “necessary pain” to be endured every so often. Ultimately, it is the economy that controls politicians and not the other way around. What is an …

How we could feed the world

The extent to which malnourishment and death from starvation still pervades human society is made clear by statistics, such as the following: In 1994, the United Nations estimated that one eighth of people were actually starving.(1) “Millions are constantly hungry; while others suffer from deficiency diseases and from infections they would be able to resist …

Government or Democracy?

Should we vote in a new government? Or should we link up with the struggle to usher in a democratic society? We are being asked to elect a new government through what is said to be a democratic process. It is true that the vote, together with other hard-won rights such as the rights of …

Yes, Inaction is Not an Option

 “What the Pentagon has done with this is sound military conceptual planning.” This was the US Secretary Colin Powell commenting on the leaked 50 page Pentagon report entitled: “Nuclear Posture Review”—proof, if ever it was needed, that the lunatics have finally taken over the asylum. What was so special about this “Review”? It contained contingency …