Posts Tagged ‘world’

How Global Elites Profit from Unaffordability

April 1, 2017

..if you belong to the community of wealthy elites that also gravitate to these cities, unaffordability means something else entirely. Insanely high real estate costs don’t dissuade the extremely rich from buying homes in places like Sydney, London and Vancouver. High prices make owning a house there more desirable. They confer social status. And if, like many members of this elite, you own several homes — one as a place to live in and the others as investments or safe havens for your wealth — you want home prices to keep going up. They are, after all, making you even wealthier.

https://thetyee.ca/News/2017/03/03/Global-Elites-Profit-Unaffordability/

‘The world must jettison neoliberal ideology’: A globalization wake-up call

October 1, 2016

If recent mainstream economic reports are to be taken seriously, some of the big brains managing global capitalism these days are starting to lose faith in their neoliberal ideology. S

http://rabble.ca/columnists/2016/09/world-must-jettison-neoliberal-ideology-globalization-wake-call

Message from Stéphane Hessel (1917-2013)

March 3, 2013