When Wealth Destroys Wealth: Inverse Capitalism and its Limits (tags)
Ever-increasing real estate prices was an illusion. The boom that the US stock markets have experienced in recent years deserves the name fracking boom. Fictitious capital put the US economy back on the growth track.
In Greece, the functioning society was undermined until it finally collapsed. The crisis has destroyed the social state. A person becomes a kind of predatory wild animal in dramatic situations as now seen in Greece. He only sees himself and his own survival.
The great austerity war (tags)
The great austerity war: what caused the US deficit crisis and who should pay to fix it? The right-wing coalition has been so successful over recent decades that the long-run challenges facing the country today are daunting.
International Day of Climate Action in Eagle Rock (part 1) (tags)
In Eagle Rock, the 350 demonstration and public outreach had a turnout of at least 40 people. . . . In addition a large banner and colorful signs, a functioning solar cooker was displayed; and there was information about overpopulation; the significance of the number 350; literature from the Converging Storms Network; and a flyer announcing an upcoming screening of The Power of Community: How Cuba Survived Peak Oil, to be held in Glendale on December 4 (see: http://www.glendalepeacevigil.org/).