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Stagnation mage: Ian Sane (CC BY-NC-ND 2.0) Flickr

Why stagnation?

The U.S. economy has been stuck in stagnation for a decade. The GDP growth rate has been only 2.2% per year since the recovery from the Financial Crisis and Great Recession of 2008-09 began. That is far below the growth rate in past post-recession recoveries since the end of World War II.

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Close up of a dictionary word Unemployment

Traditional measures of unemployment are missing the mark

We’ve heard it countless times in recent media accounts: The economy is at “full employment.” The most recent jobs numbers, out the first week in May, show the official unemployment rate, and applications for unemployment benefits are at a 50-year low. The last time a recovery was able to push the unemployment rate to these […]

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BJP supporters celebrate landslide victory. Photo- Reuters

As the far-right wins Indian elections, progressive forces vow to resist

The modern global economy, essentially guarantees the continued expatriation of profits and natural assets from resource-rich but capital-poor countries, facilitating the enrichment of the global economic elite and Multinational Corporations (MNC), at the expense of developing countries. To elaborate on the themes of corporate plunder, resource nationalism and people-centered forms of resource management, Tricontinental: Institute […]

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Working Group on the ‘Anthropocene’

Following guidance from the Subcommission on Quaternary Stratigraphy and the International Commission on Stratigraphy, the AWG have completed a binding vote to affirm some of the key questions that were voted on and agreed at the IGC Cape Town meeting in 2016.

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First strike

First strike

To help this movement win, we should ask why others lost. We should ask, for example, why Occupy, despite the energy and sacrifices of so many, came to an end, while the institutions it confronted remain intact.

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