David Smith

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David Smith
About the author:

An English journalist who, when he's not exploring the social consequences of political actions, likes to write about cricket for some light relief.

Is It Worth Keeping The Pirates At Bay?

Date: 23 May 2012

With the advent of the Internet, major movie and record studios have been demanding extensions to copyright laws in order to preserve outdated business models. But copyright law can do little to protect them and they need to move with the times and embrace the new technologies.

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Papal Impropriety: The Dark Secrets Of The Vatican Bank

Date: 22 March 2012

The Vatican Bank has been plagued by corruption and criminality ever since it was established in 1942. Yet this is hardly a surprise, given that no bona fide legal system is currently in place to ensure check and balances for the bank of God.

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Breeding The Culture of Greed: Behind Big Banking Bonuses In The UK

Date: 7 March 2012

Despite losing billions in 2011, bailed-out British banks, including Lloyds and RBS, continued to pay out millions in bonuses to its top executives. The government has also thus far refused to step in, while public pressure mounts on the executives and politicians. Why are big bonuses still a prevalent part of banking culture and is there really nothing we can do?

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Can Football Kick Its Addiction To Debt?

Date: 23 February 2012

Spiralling wages and transfer fees have submerged Europe’s football teams in billions off debt, and the sport’s governing body seems helpless to do anything about it.

 

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Into The Belly Of The Beast (Part II – Goldman Sachs & The European Crisis)

Date: 2 February 2012

In part two of our feature on Goldman Sachs, we look at Goldman’s networks of power in Europe and consider the ways in which Goldman is using the same dangerous financial products, which caused the 2007 crisis, to bet against Europe’s floundering economies whilst governing, or advising those countries. Finally, we ask what can be done to reduce Goldman’s power.

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Into The Belly Of The Beast (Part I - How Goldman Sachs Became The Most Hated Bank On Earth)

Date: 26 January 2012

Goldman Sachs is the bank everyone loves to hate. In the first of our two-part investigation into the bank, we ask why they emerged as the biggest winners in the financial crisis. We also look at how they lobbied the US Government to reduce banking regulations, how they acquired massive fortunes by selling sub-prime mortgages, and how they deceived their clients by betting against the products they sold.

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Green growth or de-growth: What is the best way to stop businesses destroying the biosphere?

Date: 22 December 2011

The world’s major 3,000 corporations are responsible for a third of global environmental damage, but economists are divided in their views of how to stop them polluting. Some say government regulation, allied to promoting the business case, is the answer. But other experts say we need a new type of capitalism, which allows our economies to stop growing, or even to shrink.

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Is Monsanto Using Us As “Human Guinea Pigs”?

Date: 21 October 2011

Nearly all research into GM foods is funded by Monsanto, or other bio-tech companies, meaning truly independent data is rare. Some scientists claim only GM foods can feed the world’s booming population, but others say we are only using people as “human guinea pigs”.

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Thunder Road: Sparking a Revival for the Electric Car

Date: 12 August 2011

12 August 2011. The electric car industry is experiencing a revival. Electric vehicles, such as the Chevy Volt, Nissan Leaf and Tesla Roadster, are returning to production after being scrapped just a few years ago. Today, the Nissan’s Leaf has sold out while General Motor’s Volt has been back-ordered for six months. What has sparked the renewed interest in the electric car, and what does the future hold for the industry?

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“Dirty Digger”: Murdoch’s News of the World Phone Hacking Scandal

Date: 25 July 2011

25 July 2011. The phone-hacking scandal which has engulfed Rupert Murdoch’s News International has changed the rules of the game for politicians, police and media, and may yet impact the Government’s relations with the UK’s powerful financial sector. Ongoing investigations by London’s Metropolitan Police have revealed at least 3,700 cases of phone hacking by journalists at the 168-year-old tabloid News of the World newspaper. But that’s only half the story.

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