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Cultural Shifts

Posts Tagged ‘banking’


Marx and the current ‘crisis’ of capitalism

By D. T. Cochrane — October 22nd, 2008
The latest upheavals in the global financial markets have revived interest in the political economic analysis of Karl Marx.  Sales of Marx’s opus Capital - which English media insists on calling by its untranslated German title, Das Kapital - have reportedly skyrocketed.  The UK …



Wal-Mart: The Bank

By D. T. Cochrane — January 28th, 2008
Although it has been met with stiff resistance in its efforts to offer banking services in the US, Wal-Mart has succeeded in opening a bank in Mexico. It plans to open 80 more by the end of 2008. Located within their …



Money, Debt and the Subprime Crisis

By Cultural Shifts — January 27th, 2008
There is a short animated documentary called Money as Debt worth checking out. The video, which goes through a brief history of monetary and banking systems, raises a number of questions that relate to the US subprime crisis, not to mention the global financial …