Category: Economics

Fred Magdoff: An Ecologically Sound and Socially Just Economy

Change will happen only if a large portion of the population believe in, and fight for, an environmentally sound and socially just society

Patrick Bond: BRICS fantasies and unintended revelations: The wages of sub-imperial assimilation

With men at the BRICS helm like Serra and his president Michel Temer (who is also corrupt and widely despised), so too has the bloc become damaged goods

Chris Hedges: The Empire Strikes Back

Corporate leviathans and the imperialist agencies that work on their behalf are once again reshaping Latin America into havens for corporate exploitation

David Madden: The Permanent Crisis of Housing

Under capitalism, housing is never secure for the working class

Alice O’Connor: The Politics of Poverty

Poverty Is a Product of the Institutions We Have in Society

Pete Dolack: Wages are so stagnant even the Federal Reserve has begun to notice

The harder you work, the richer the executives and bankers get. What if, instead, those who did the work reaped the rewards? That, however, will require a different system

Jérôme Duval: Doing without advice from Deloitte?

Nicknamed the “Big Four” Deloitte Touche Tohmatsu, Ernst & Young (EY), KPMG and Price Water House Coopers (PwC) are the big four audit firms that operate in concert as an inescapable cartel in the world of multinationals and global finance. At first they were the “Big 8”, all dominated by the United States, which became Read more…

Michael Albert: Beyond Marxism

Marxologists typically do all their quoting not caring that it makes normal people want to run and hide due to anticipating they will hear regurgitated unexplained old fashioned jargon

John Feffer: YOLO Economics

The economy, we have been taught, is a cat with considerably more than nine lives. The bottom might drop out of the stock market, but it will rebound — again and again. The Chinese were on top of the world, economically, for a thousand years or more, but then the colonial powers cut the country Read more…

Immanuel Wallerstein: Secular Stagnation, or is it worse?

If we are to behave sensibly, clarity of analysis is the first requirement, followed by moral choice, and political judgment

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