Citizen Action Monitor

World’s economic systems evolved to serve selfish needs of 1%, not ‘real’ needs of ordinary people

That’s why 87% of workers worldwide feel they’re not doing something meaningful for their own wellbeing. No 1888 Posted by fw, February 8, 2017 “A human has only so many minutes … Continue reading

February 8, 2017

How Western banks are seriously undermining democracy and rule of law – Evidence confirms our worst fears

“The West is condemning itself to living in a cesspool of its own creation if serious reform is not implemented very quickly to restrain and arrest the lawlessness of this … Continue reading

January 16, 2017

The causes of the 2008 crisis remain unresolved, any future downturn will be much worse

There are three possible scenarios: strong recovery, managed depression, mother of all crashes. No 1804 Posted by fw, October 20, 2016 “Can I give you an impression of what the world … Continue reading

October 20, 2016

Politicians’ wilful blindness commits tens of thousands to death-by-austerity, wrecks lives worldwide

New study reveals introduction of austerity measures in aftermath of this great recession has had devastating health impacts on the vulnerable No 753 Posted by fw, May 22, 2013 “You … Continue reading

May 22, 2013 · Leave a comment

Banks, corrupt politicians and mainstream media have convinced people there are no alternatives to austerity

But there are many alternatives. Just don’t look to mainstream media for them No 473 Posted by fw, May 10, 2012 “The finance sector has started a lot of think … Continue reading

May 10, 2012 · Leave a comment

“No one has the political will, courage or imagination to deal with the Eurozone crisis” —Ilene Grabel

No 368 Posted by fw, December 16, 2011 “I think the even bigger problem is this kind of institutional lacuna. There isn’t actually a space in the global economy for … Continue reading

December 16, 2011 · Leave a comment

“We should not take democracy as a given anymore” —Dr Heiner Flassbeck

No 363 Posted by fw, December 13, 2011 “I think it’s extremely dangerous. We should not take democracy as something natural or given. If you look at southern Europe people … Continue reading

December 13, 2011 · Leave a comment

“We have a dysfunctional economic system coupled to a dysfunctional political system in a kind of a spiral downturn” —Richard Wolff

No 352 Posted by fw, December 2, 2011 On Wednesday, November 30, 2011, central banks, including the U.S. Federal Reserve and the European Central Bank, took coordinated action to prevent … Continue reading

December 2, 2011 · Leave a comment

Capitalism is in the process of destroying the very middle-class way of life on which it depended —John Gray

No 267 Posted by fw, September 4, 2011 “When he argued that capitalism would plunge the middle classes into something like the precarious existence of the hard-pressed workers of his … Continue reading

September 4, 2011 · Leave a comment

Global financial system at risk: Caused by economic power in handful of banks + flash trading

No 259 Posted by fw, August 23, 2011 Small stock market investors beware! Notice how much more volatile the stock markets are now? We’ve moved from investing to trading. So … Continue reading

August 23, 2011 · Leave a comment

Global economic forecast dire, no viable pushback from the left

No 254 Posted by fw, August 19, 2011 “I think we’re in a moment where the forces of austerity have gained the upper hand. . . . with the debt … Continue reading

August 19, 2011 · Leave a comment