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What is Syndicalism?
Syndicalism is an economic model wherein all businesses must be formed as worker owned cooperatives. These cooperatives would not allow outside owners or investors, and would give all employees part ownership in the company as well as a democratic say in how the business is run. The article explains the concept in greater detail.
Current Global Economic Issues – The Good, the Bad and the Ugly of Having a Global EconomyIn order to get a better understanding of the current global economic issues that have led to the current global recession we have to look at the history and the overall impacts of these trends on our economic health. Many critics have stepped out to say that globalization has made the poor poorer and the rich richer. Actually there is compelling evidence that this is, in fact the case.
Start of Financial Crisis – A Chain of Events Leading Up to the Current Global RecessionWhat caused the start of financial crisis as our global recession? The first main sign was the occurrence of the mortgage bubble burst. Rather than expressing it as a bubble burst, one can say it was more like a sack of rotten tomatoes that tore open unexpectedly, dumping them all on our heads. Although more than a decade of warning signals from educated scholars and economics tried to alert us of this upcoming problem, the mortgage burst still hit us with quite a shock. We just didn’t realize the magnitude of the problem. For more about the timeline of events that led to our global financial crisis, read on.
Is It Just Me Or Are Groceries Getting More Expensive – That’s Inflation Right?Everyone is talking about deflation, and people say there’s no inflation going on, but that really isn’t true, especially if you been to the grocery store lately. Have you noticed lately that even when you go to the grocery store for just a few items, you end up spending quite a bit of money, and you look at the receipt and you don’t how can that can be, as you only bought a few items? The reality is the grocery stores have been really good at putting 99 at the end of every price.
The Obama Recession and Economic HistoryWith the recent financial meltdown and recession, many have begun to question Barack Obama’s economic and fiscal policy. Some have even begun to call it the Obama recession. What does economic history tell us about economic policy, and how best to deal with recessions?
