By Dr. Jon Rynn, Author of Manufacturing Green Prosperity, Praeger Books, 2010. Why are Manufactured Goods Important? 1) Manufactured goods are necessary for trade. According to the World Trade Organization, 80% of interregional trade is in goods, and only 20% is in services. For the U.S., the statistics are about the same. That means that we…
The central obstacle we face in cutting the U.S. military budget is rooted in the nature of the political-economy of the military-industrial-congressional complex or MICC. All economies are political economies, hopefully with a small ‘p’ and a large ‘E,’ but the MICC is a political economy with a large ‘P’ and a small ‘e.’ The habitual modes…
“The EuroMemorandum seeks to set out a critical analysis of recent economic developments in Europe and to present the basis for possible alternative policies. It is intended as a contribution to the critical discussion in intellectual and social movements in Europe, and in solidarity with all those struggling against the impact of the deeply regressive, anti-social…
The New York Times recently ran a story, “Deficits Push N.Y. Cities and Counties to Desperation,” March 10, 2012. Here is our response posted at the Times webpage: We can easily solve this problem of austerity and fiscal cutbacks. The problem is that our politicians are too focused on placating the financial sector at the…
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