Daily Archives: June 25, 2016

UK | British Voters Reject EU Corporate Slavestate

“Those who expect to reap the blessings of freedom must undergo the fatigue of supporting it.”

Joseph Stiglitz: “TPP and TTIP are an attempt by corporations to change the rules of the game against the rest of society”

Joseph Stiglitz is no radical. His temperament, colored by a cautious optimism, and his impressive résumé make him a man of order, a reformist at most. And yet, the Nobel laureate, who served as a Chief Economist at the World Bank in the late 1990s after briefly heading Bill Clinton Council of Economic Advisors, has become a vigorous critic of the establishment. For someone of his pedigree to come out for the ‘NO’ in the Greek bailout referendum or speak out against Free Trade Agreements, worker exploitation, the ‘vulture funds’ preying on indebted nations and what he calls “the moral depravity” of the financial sector, would suggest a renewed progressive impetus, perhaps even a revelation. And yet, Stiglitz’s positions haven’t moved much –the world around him has. The relentless march rightward of economic orthodoxy, along with the rise of inequality, leave the Columbia University Professor in direct opposition to most of his presumed allies –or even his colleagues. He doesn’t seem to care. He met CTXT in his office at Columbia to discuss his latest book The Great Divide, which deals with the causes, consequences and perils of the growing gap between rich and poor –and why things don’t have to be this way. 

France | Thousands march in tense Paris labour protest

23rd June 2016

Thousands of people opposed to France’s hotly contested labour reforms were back in the streets of Paris Thursday in the first violence-free protest in weeks.

Some 2,000 riot police were deployed to prevent a repeat of bloody scenes from the last such demonstration on June 14, just four days after the start of the Euro 2016 football tournament being played in France.