• Home
  • Archive by category 'Economics'
  • Page 3

Archive for ‘Economics’

CO-OPERATIVE BANK VULTURES: SOMALI PIRATES “RESCUE” OIL TANKER

Somali Pirates “Rescue” Oil Tanker
by Sean Boyle
Describing the Co-op Bank “recapitalisation” plan as a “rescue” is like saying Somali pirates have “rescued” an oil tanker from the Persian Gulf.
In many ways the UK’s Co-op Bank is neither fish nor fowl: not mutual yet owned by the mutually owned Co-op Group; the Co-op[…]

Read more →
 

BALCOMBE COMMUNITY PROTECTION CAMP VIGIL EVICTED. 19/11/2013

A moody end to the Vigil at Balcombe Community Protection Camp Tuesday 19th November. The vigil was given less than 40 minutes, before their equipment was seized by Bailiffs.
One thing to be noted, is that to never underestimate the power of the photographer. without them these thugs would have rolled over us even quicker[…]

Read more →
 

CO-OP BANK: MUTUAL OR BUST

Since the appalling news of a Co-op Bank takeover by US hedge “vulture” funds (Aurelius Capital and Silver Point Capital) a growing body of Co-op members and bank customers are rallying to restore co-operative control and underpin the bank’s commitment to ethical investment.
Background
The future of the Co-op Bank has been in doubt since[…]

Read more →
 

SWISS TO VOTE ON GUARANTEED $2800 MONTHLY INCOME FOR ALL ADULTS.

Swiss to Vote on Guaranteed $2800 Monthly Income for All Adults
http://gawker.com/swiss-to-vote-on-guaranteed-28-000-monthly-income-for-1441514881
http://news.msn.com/world/swiss-to-vote-on-dollar2800-monthly-income-for-all-adults?stay=1
From Diana – Some potentially useful links:
European initiative: http://basicincome2013.eu/
UK group: http://basicincome.org.uk/
Clues to why UBI is supported by very different groups, for very different reasons (including some neoliberals!):
http://basicincome.org.uk/article/2013/10/neoliberalism/
I still reckon the risks of it being turned on its[…]

Read more →
 

HOMELESS HOUSES IN CHELSEA.

This is the question being asked by a few people. Kensington and Chelsea contains some of the most expensive real estate in London, yet there are a number of empty residential properties, some empty for years.
In this case, it has become more profitable to keep a property empty instead of having them occupied. Statistics[…]

Read more →
 

ACHTUNG – PRIVATISATION A NAZI LEGACY

Achtung – Privatisation a Nazi legacy!! ~ Michael Gold.
Mrs Thatcher is universally credited with creating the privatisation regime that now extends across most of the planet – yet the real roots of privatisation originated in Nazi Germany. The Spanish economist Germà Bel1 has traced the origins of the word ‘privatisation’ to the German word,[…]

Read more →
 

WHO’S BANKING ON CARNEY?

 
“It is true, we have the only banks in the western world that are not looking at bailouts or anything like that.”  Stephen Harper, Canadian Prime Minister, 23rd February 2009.1
Mark Carney’s appointment as the new Governor of the Bank of England (BOE) was, we have been told, based mainly on how successful he[…]

Read more →
 

Speaker’s Corner: Economic WG and Hyde Park Assembly

It started as an experiment, but the Economics Working Group are now taking economics to the people visiting Speakers’ Corner Hyde Park.

 
General Assembly Agenda:
Trenton Oldfield.
Police Spies and Stephen Lawrence smear campaign.

Consensus reached on the following things:
1. Consensus to entrust the press team to write a solidarity statement for Trenton[…]

Read more →
 

Corporate whining : Thames Water and Tax Avoidance. unpacked and debunked by the OL Economics WorkingGroup.

Question: article from Forbes magazine.
This article was sent to me by a friend who is slightly sceptical about my activities. Can someone who is less economically challenged than myself help me unpack this one?

http://www.forbes.com/sites/timworstall/2013/06/11/another-silly-corporate-tax-story-this-time-its-thames-water/
Answer from Clive:
These tax avoidance stories are complex and lead to ambivalence among the audience. Unlike many within[…]

Read more →
 
© 2012 Occupy London
Powered By DynamiX