Category: Globalization

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Patrick Bond: Resource-Cursed South Africa Suffers More Mining Massacres

From Marikana to mineral price crash and jobs meltdown

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Yanis Varoufakis: Varoufakis in conversation with leading academics as Syriza splinters and election beckons in Greece

Questions for an “accidental economist

Keith A. Spencer: Why the Rich Love Burning Man

Burning Man became a festival that rich libertarians love because it never had a radical critique at its core

Pete Dolack: Speculators Circling Puerto Rico

Puerto Rico’s governor may have said the commonwealth’s debt is not payable, but that doesn’t mean Puerto Ricans aren’t going to pay for it. Vulture capitalists are circling the island, ready to extract still more wealth. You may already know the drill: capital is sucked out by corporate interests that pay little in taxes, and speculators swoop in

Alexandra Pedersen: Canadian Mining Undermines Democracy in Central America

Canada’s multinationals work hand-in-hand with corrupt governments and threaten democracy in post-conflict Central American nations

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Roberto Savio: Misinformation Hides Real Dimension of Greek “Bailout”

The purpose of Greece’s third bailout is clear – all but seven percent of the 86 billion euros will go to pay debt with the other European governments, recapitalize Greek banks, pay interest on Greece’s debt and pay the debt of the state with Greek enterprises, while the country’s citizens will see none of it

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Jérôme Roos: Puerto Rico: a US debt colony hounded by hedge funds

Why was Puerto Rico allowed to default while Greece was not? Just follow the money: the default was on the poor, while US hedge funds profit once more

Bernie Sanders: From Greece to Puerto Rico, the Financial Rules Are Rigged to Favor the 1%

Democratic presidential hopeful Bernie Sanders recently convened a panel of economists in Washington to discuss the debt crisis in Greece and throughout the world

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Jack Rasmus: China vs. the IMF

Behind the IMF’s decision to refuse China’s currency reserve status is U.S. commitment to protect its hegemonic role in the global economy

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Immanuel Wallerstein: Free-Trade Treaties are Anti-Free Trade

So-called free-trade treaties are about managing the protectionist interests of the various parties to these treaties

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