Nèdeem Elmahjoub's blog

  Gamal Abdel Nasser – An appraisal

“ The result is a world of two different trust realities. The informed public—wealthier, more educated, and frequent consumers of news—remain far more trusting of every institution than the mass population. In a majority of markets, less than half of the mass population trust their institutions to do what is right.”  Where People Are Loosing Faith in Capitalism Edelman Trust Barometer 2020

 Via Michael Roberts “Here we go again - the unending story of banking folk.” Australian bank Westpac has been fined A$1.3bn for money laundering the dubious money of 284 clients in 19m transactions worth A$11bn (yes, billion) - including clients engaged in child trafficking! But no arrests have been made of executives. Just a fine. "It’s huge, it’s the largest fine in history, it’s an eye watering number but it’s already pretty much been expected by the market" he said. "A few hundred mill difference in the scheme of a bank with a market cap of $60 billion that generates billions of profit annually, it doesn’t really have much of an impact with the valuation we put on the bank." Related Regulation does not work

  Free ebooks from Verso

 Schools should not teach about corruption. If you think the UK isn’t corrupt, you haven’t looked hard enough

 Why environmental justice is an anti-colonial struggle

There is only one truth, the God’s/Allah’s ‘way of life of free market liberal democracy’. All the rest is apostasy that must not corrupt our children’s minds. Let anyone who utters the word C be stoned. Schools told not to use anti-capitalist material in teaching