Europe’s Youth Employment Is Bad, But Not As Bad As We’re Told

spain euro

ardly a day goes by without a new headline screaming about the scandal of youth unemployment, which has been pinned at the outrageous levels of 50 percent in Spain and Greece and above 20 percent in the eurozone. There’s just one problem – those numbers are derived from a flawed methodology, which misrepresents the true [...]

Athens, Birthplace of Democracy

agora

Steven Hill: While democracy can be noisy and messy, and can sometimes result in confusion and inefficiency, if implemented fairly with the right institutions the human experience shows that it is capable of fostering remarkable things.

Greece: Epicenter of the Debt Earthquake?

Papandreou and Obama

Steven Hill: One of the qualities holding Greece back from enjoying the benefits of a more modern economy is its reliance on an informal economy of family and social networks which too often translates into nepotism, back room deals and tax dodging. But during an economic crisis like this, those networks become valuable

Yes on Prop 15: One Small Step for Democracy

Jesse Unruh and Willie Brown, former Democratic Speakers of the California Assembly

Michael Sigman: Californians can do something about time-consuming fundraising, nefarious corporate influence, and obscene personal spending in American politics on Tuesday, June 8. A victory for Proposition 15, the California Fair Elections Act, will mean that the race for the Golden State’s Secretary of State will be a “clean money election” in 2014 and 2018. A small step, but a necessary one.

The International Attack on Public Workers

public workers

Shamus Cooke: The budget crisis phenomenon is international, and the international corporate elite are sharing ideas on how best to come out of the crisis unscathed. They’re blaming the recession itself on public employees, on “greedy” workers who earn the tiniest fraction of what rich shareholders make by doing nothing.

No Goldman at the End of the Rainbow?

goldman sachs

Michael Sigman: Marxist socialism may be dead, but perhaps what Marx called capital’s internal contradictions, illustrated beautifully by the desperation of Goldman and other mega-corporations for short-term profits may, by strengthening the case for fundamental financial reform, bring us closer to a more livable world.

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