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The relation between economic theories and economic systems is even more dynamic. The various economic theories of capitalism are not just different ways of making sense of that particular economic system. They emerge, develop, and change over time as capitalism itself changes—and, in turn, they have effects back on capitalism.

The United States government was furious about the ‘irresponsible extravagances’ in Nkrumah’s book and decided to punish him by refusing to allow $300 million in short-term aid to cover the costs of importing food.

Secretary of State Mike Pompeo was in Japan today to attend a high-profile summit of top diplomats from the countries involved in the “Indo-Pacific Quad.”

Proposals for a Green New Deal (GND) were multiplying even before the pandemic, but the economic crisis triggered by Coronavirus has given them a new urgency.

Red Lines host Anya Parampil debunks a new report issued by the UN Human Right’s Council which accuses Venezuela’s government of “crimes against humanity”. Transcript below.

French historian Pierre de Vaissière’s description of a slave ship working the Atlantic trade in Saint-Domingue: Creole society and life under the Ancièn Regime, 1629-1789 cannot be forgotten: the hold below is hellish, naked bodies are chained, thrown back and forth by the middle passage seas, excrement is smeared about, and death feels a mere breath away.

Trump’s shift from demonizing immigrants to targeting leftists is straight out of the fascist playbook.

PI Council Member Noam Chomsky’s keynote speech at the Progressive International’s inaugural summit.

2020 is the birthday year of Vladimir Ilyich Ulyanov, whom most of us know as Lenin. If still alive, he would be 150 years old.

Ecosocialism and the de-growth movement are among the most important currents of the ecological left. Ecosocialists agree that a significant measure of de-growth in production and consumption is necessary in order to avoid ecological collapse.

Venezuelan grassroots organizations continue fighting for the socialist project despite very tough conditions. Here is a look at five examples.

Africa can’t demonstrate independence and power because the entire continent has a giant U.S. military boot on its neck.

This is an incredibly challenging situation for teachers and the education system because we know how important in-person learning is. There’s no substitute for that online,” says Jesse Hagopian

Readers today will be more familiar with contemporary mainstream economics than with the mainstream economics of Marx’s day. So, let’s start there.

IN 2010 THE Commerce Department prepared data for the Obama administration’s Middle Class Task Force, headed by Vice President Joe Biden. Sidestepping knotty problems–see below–of just who was middle class, part of their study proposed a host of expectations that a middle class family would hold.

The ruling class is ruthless in trying to exploit crises, but we shouldn’t underestimate the turmoil it’s in and the opportunities to advance the struggle, argues Chris Nineham

In 2020, the World Bank (WB) and the IMF are 76 years old. These two international financial institutions (IFI), founded in 1944, are dominated by the USA and a few major allied powers who work to generalize policies that run counter the interests of the world’s populations.

Annual global carbon emissions grew by 60% between 1990 and 2015, approximately doubling total global cumulative emissions in 25 years and catapulting the world towards catastrophic climate change.

Darius Simpson & Scout Bostley – “Lost Voices” (CUPSI 2015)

The BIGGEST housing takeover in the U.S.! Positive Leftist News! September 2020