Tags » The Economy Sucks And Or Collapse 2
by Kyle Brown
April 14, 2015
IN HIS famous speech “Where Do We Go From Here?” Martin Luther King Jr. quoted the then-president of the United Auto Workers (UAW) union, Walter Reuther, saying, “Power is the ability of a labor union like the UAW to make the most powerful corporation in the world, General Motors, say ‘Yes’ when it wants to say ‘No.'” 3,230 more words
Parts U-V in the Insider’s Economic Dictionary.
Underdevelopment: The term coined by Andre Gunder Frank to describe the policies which former European colonies and more contemporary third-world countries have been turned into indebted raw-materials exporters rather than balanced economies capable of feeding themselves. 986 more words
TheRealNews on Mar 21, 2015
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Economist Michael Hudson says China’s new international bank will be exempt from a US-veto, empowering other countries to lead development and perhaps challenge the use of the dollar as the currency of global capital.
Part T in the Insider’s Economic Dictionary.
Tableau Économique: The first formal national-income account, developed by the Physiocrat Francois Quesnay on the analogy of the circulation of blood within the human body. 917 more words