Category Archives: occupy economy

we want to develop out understanding how economy today works and how it can be changed, so that it works to give everyone worldwide the chance of a live in human dignity, with a job, she or he can make her or his living, with social security, health-care, education and training

One quarter of Liberian land has been sold to logging companies in just two years, threatening the country with widespread devastation, according to a report. A new spate of logging contracts in Liberia – the most heavily forested country in west Africa – means that 40% of its forests are under private ownership and risk being flattened by logging companies, says the report. The report, by environmental watchdogs Global Witness, Save My Future Foundation and the Sustainable Development Institute, claimed PUPs had been given to private companies without consulting local groups and in some cases using forged documents. “People being defrauded out of their forest rights at this speed and scale is worrying in itself. When you look at who the forests have been given to, it gets even more alarming,” said Jonathan Gant, of Global Witness. “Giving your forests to companies like that is not a sustainable investment.”However, land reform – one of the issues identified by Liberia’s Truth and Reconciliation Commission’s final report as a cause of the war – has not yet happened, and is regarded as a threat to peace in the country.

Liberia has sold quarter of its land to logging companies, says report Campaigners claim forests are under threat as landowners enter into deals with logging firms, bypassing sustainability laws Share9 Email Afua Hirsch, west Africa correspondent guardian.co.uk, Tuesday 4 September 2012 10.31 BST … Continue reading

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Eurozone crisis live: Moody’s cuts European Union rating outlook to negative LIVEGermany, France, the UK and the Netherlands could stop fulfilling their obligations to the EU if the crisis worsens, Moody’s warns

Moody’s cuts EU credit rating outlook Good morning, and welcome to our rolling coverage of Europe’s debt crisis. Overnight, ratings agency Moody‘s has lowered its outlook on the European Union’s AAA rating to negative, from stable, which is the first step towards … Continue reading

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Tunisia leads the fight against ‘odious debts’ – Since mid-2012 Tunisia is back in the headlines again. This time, the country is catching the media’s attention because of the tough stance taken by the new Government demanding the repudiation of debts that served the interests of the former ruling clique. In signaling such a stand, the new Tunisian government is setting a historic precedent in Africa that would serve the interests of not only the people of indebted African nations but also those of Africa’s creditors and donors.

Tunisia leads the fight against ‘odious debts’ September 4, 2012 by Professor Léonce Ndikumana, Director of the Africa Policy Program at PERI, University of Massachusetts, Amherst USA; nominated to the U.N. Committee for Development Policy. The regime change in Tunisia … Continue reading

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Socialist International Congress in Cape Town: President of Socialist International, George Papandreou says: “We want to regulate tax havens. Tax havens are basically robbing people, robbing countries of resources that they own. There are huge amounts of money, $21 trillion in tax havens.””The voice of the Socialist International must be heard today more than any other time before, particularly, because of the challenges that face the world today – on matters of governance, on matters of rights of people, on matters of democracy, on matters of economic development and indeed on matters of poverty, inequality and unemployment that face the world,” says South African President Zuma.

Zuma urges Socialist International Congress to be more active Saturday 1 September 2012 17:05 SABC South Africa’s President, Jacob Zuma.(SABC) TAGS: Jacob Zuma Socialist International Congress Cape Town Cape Town International Convention Centre Leadership Governance Democracy Economic Development Poverty Inequality … Continue reading

Posted in occupy economy, occupy equal rights for everybody, no discrimination anymore, Occupy global reform programs, occupy human rights for all worldwide, occupy social rights for all, Occupy solidarity | Leave a comment

Spanish ‘Robin Hood’: “This is the biggest rip-off in the history of capitalism,” said Gordillo. “The banks created huge amounts of private debt which went toxic. Now they are using public money, taken from the poor, to rescue them. That is what the cuts to health and education are about. “We want to show that this crisis has a human face. People are losing everything – their jobs, their homes, and some don’t even have enough to eat.” “The situation is critical and I think there is now a chance of change. The system cannot resolve people’s problems,” said Gordillo. Him and his marchers cross Andalucía, watched by wary police – Gordillo’s reputation as a modern-day Robin Hood has grown this summer after a series of “workers’ marches” across southern Andalucía saw followers raid food from two supermarkets and hand it to the poor. Flash occupations of bank branches and an empty luxury country hotel have kept his small Andalucian Workers’ Union in the headlines as debate rages about a style of direct action that attracts those seeking radical change to Spain’s current diet of soaring unemployment, recession and harsh austerity.

Spanish ‘Robin Hood’ marchers cross Andalucía, watched by wary police Charismatic mayor Juan Manuel Sánchez Gordillo and supporters meet mixed reactions after supermarket raids Share5 Email Giles Tremlett in Albolote guardian.co.uk, Friday 31 August 2012 13.58 BST Jump to comments (…) Juan Manuel … Continue reading

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The Chicagoplan: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher’s claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.

At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, … Continue reading

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By our estimates, at least $21 to $32 trillion as of 2010 has been invested virtually tax-free through the worlds still expanding black hole of more than 80 offshore secrecy jurisdictions. Remember: this is just financial wealth. A big share of the real estate, yachts, racehorses, gold bricks and many other things that count as non financial wealth are also owned via offshore structures where it is impossible to identify the owners. Overall Size a significant fraction of global private financial wealth. We are up against one of societys most well entrenched interest groups. After all, theres no interest group more rich and powerful than the rich and powerful, who are the ultimate subjects of our research.

read the report here: http://www.taxjustice.net/cms/upload/pdf/Price_of_Offshore_Revisited_120722.pdf Bild: http://www.handelsblatt.com/finanzen/recht-steuern/steuern/milliardenverluste-das-weltweite-netz-der-steuerhinterzieher/6919606.html?slp=false&p=10&a=false#image

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