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national / rights, freedoms and repression / news report Wednesday October 22, 2008 18:43 by NMI
 5 comments (last - friday october 24, 2008 17:04)  1 video file
Between ten and twelve thousand people turned out in bright sunshine today to demonstrate against the Green Party/Fainna Fáil plan to impose fees for third level education. FF Education Minister Batt O'Keeffe called for consideration of re-imposition of fees earlier this year, and "registration fees" were massively increased in the recent budget. He has signalled that he intends to introduce legislation on third level fees in the new year. read full story / add a comment
international / history and heritage / feature Friday October 17, 2008 19:54 by George Stapleton
7 comments (last - friday november 07, 2008 12:35) 1 video file
This is the second of a series of articles covering the financial and money markets from a critical perspective. In
'Financial Weapons of Mass Destruction', Paul Bowman examined the derivatives market and promised that the succeeding article would cover the 'story of the historical development of successive regimes of global financial orders' and would explain the role of the Eurodollars market 'in undermining the Keynesian Bretton Woods system'.
In the interests of space and relevance, I will only tell the story of the historical development of the regime of global financial order under US hegemony. I will begin by examining how the centre of capital accumulation shifted from Europe to the US in the first half of the twentieth century, and how following World War II the global financial order became centred around the US through the Bretton Woods system. I will then look at how the Bretton Woods System was undermined, concentrating as much on the role of workers’ militancy as on the role of the Eurodollars market. After considering the response to the crisis of Bretton Woods, I'll look at the Clinton boom bringing us up to the current situation of the US’s current heavy dependence on foreign borrowing. read full story / add a comment |
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