SWIFT’s Iran Ban Will ‘Expedite Global De-Dollarization’

The blacklisting of Iran from international financial messaging system SWIFT serves as a warning to Washington’s enemies, but will hasten the demise of the dollar, stockbroker-turned broadcaster Max Keiser told RT. SWIFT, a system that facilitates cross-border payments between 11,000 ... Read more

Canada Is Richer Than The US, According To A New Wealth Ranking — In Fact, The US Doesn’t Even Make The Top 10

The United States is home to more millionaires than any other country in the world. But whether the country is truly the wealthiest in the world depends on how you measure. A report released by Credit Suisse in October says the US is ... Read more

Labour Has A Plan

When Mio Tastas Viktorsson and I argued that the Left should revisit the Meidner Plan last year, we could have hardly expected that a strikingly similar policy would be adopted by British shadow chancellor John McDonnell and the Labour Party at this year’s conference. The Inclusive Ownership Funds (IOF) proposal — drawing its ... Read more

The Evidence Pours In: Poverty Getting Much Worse In America

According to the Credit Suisse 2018 Global Wealth Databook, 34 million American adults are among the WORLD’S POOREST 10%. How is that possible? In a word, debt. In more excruciating words: stifling, misery-inducing, deadly amounts of debt for the poorest Americans. And it goes ... Read more

Municipalism In Venezuela Path To A Bottom-Up Economy

The solution to the economic crises in Venezuela can be found at the very origins of the revolution: in bottom-up communalism. Venezuela has more than 1,000 communes: geographical areas bonded by their historical identity, and in many cases comprising indigenous communities. It seems fitting ... Read more

Wealth Of Three Richest US Families Grew By 6,000% Since 1982

One troubling indicator that we are drifting toward a society governed by the wealthy is the expanding fortunes of multi-generational wealth dynasties. The three wealthiest US families are the Waltons of Walmart, the Mars candy family and the Koch brothers, heirs to the country’s ... Read more

How Capitalism Has Screwed Women Over

It’s been one year since the explosion of the Me Too movement that followed allegations against Harvey Weinstein. Since then, the #metoo hashtag has been used around 19 million times to expose and discuss workplace sexual harassment. Women are raising their voices. The struggle is multifaceted, but at its ... Read more

The Woman Aiming To Get 50 Million Americans Into The Worker-Owner Economy

For decades Marjorie Kelly has looked for ways that businesses can better contribute to the good of society. In 1987, after getting a master’s degree in journalism, she founded Business Ethics magazine to showcase socially responsible corporations. But after 20 years as ... Read more

How Portugal Launched The World’s First National Participatory Budget

Citizens in Portugal vote on how public funding is spent on national and regional projects, in the world’s first participatory budgeting scheme of its kind. The project is led by the Administrative Modernisation Agency to build trust among citizens and bring them into ... Read more

The Boston Ujima Project Is Working To Create Economic Equity For Artists

The Boston Ujima Project is a community-led organization with a mission of growing a people’s economy in Greater Boston, one that is controlled by the community with neighbors, workers, business owners, and investors all working together on a shared vision of collective ... Read more