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  • Monthly Review Essays
  •  | Risking a 2008 Style Financial Meltdown | MR Online

    How climate denial is fueling a U.S. homeowners insurance crisis and risking a 2008-style financial meltdown

    Originally published: Institute for New Economic Thinking on February 13, 2025 by Lynn Parramore (more by Institute for New Economic Thinking)  | (Posted Feb 17, 2025)

    New research reveals that rising insurance costs, reckless building, regulatory inaction, and big banks’ fossil fuel investments are driving a dangerous cycle that jeopardizes homeowners—and financial stability for everyone.

  •  | A specter is haunting the USthe specter of stagflation | MR Online

    Inflation in a time of Corona and war

    Originally published: Institute for New Economic Thinking on June 6, 2022 by Servaas Storm (more by Institute for New Economic Thinking)  | (Posted Jun 20, 2022)

    Evidence-based answers to the main (policy) questions concerning the return of high inflation.

  •  | Xi Jinping and Vladimir Putin | MR Online

    The dollar system in a multi-polar world

    Originally published: Institute for New Economic Thinking on May 5, 2022 (more by Institute for New Economic Thinking)  |

    The multipolar financial world is here. The United States can survive it–but only with major political and economic changes at home. It’s time to start thinking about what those need to be.

  •  | hypothecations | MR Online

    Globalization and its big data: the historical record in financial markets

    Originally published: Institute for New Economic Thinking on October 14, 2021 (more by Institute for New Economic Thinking)  |

    In the 19th Century, “hypothecations” provided investors with valuable information on sovereign fiscal resources.

  •  | Man in shirt with covid 19 George Floyd racism writing | MR Online

    The Bureau of Labor Statistics counted only eight strikes in 2020, Payday Report counted 1,200

    Originally published: Institute for New Economic Thinking on July 13, 2021 by Clarissa A. Leon and Mike Elk (more by Institute for New Economic Thinking)  | (Posted Jul 17, 2021)

    In the era of COVID and digital movements, strikes look radically different from traditional labor strikes.

  •  | American  Chinese currency | MR Online

    China and the supply chain: a comment on the June 2021 White House review

    Originally published: Institute for New Economic Thinking on June 23, 2021 by James K. Galbraith (more by Institute for New Economic Thinking)  | (Posted Jul 15, 2021)

    Contrary to rhetoric from Democrats and Republicans, the U.S. has an economic interest in trade and peace with China

  •  | In 1898 upwardly mobile Blacks in Wilmington NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow  and the next 123 years Hardly anyone really knows about it | MR Online

    America hasn’t reckoned with the coup that blasted the Black middle class

    Originally published: Institute for New Economic Thinking on April 29, 2021 by Lynn Parramore (more by Institute for New Economic Thinking)  | (Posted May 07, 2021)

    In 1898, upwardly mobile Blacks in Wilmington, NC were terrorized and slaughtered in a violent insurrection that set the stage for Jim Crow–and the next 123 years. Hardly anyone really knows about it.

  •  | Cold Truth The Texas Freeze is a Catastrophe of the Free Market | MR Online

    Cold truth: The Texas freeze is a catastrophe of the Free Market

    Originally published: Institute for New Economic Thinking on February 18, 2021 by James K. Galbraith (more by Institute for New Economic Thinking)  | (Posted Feb 20, 2021)

    Texas’s electricity market “reforms” made the current crisis inevitable.

  •  | What the Government Needs to Do Next | MR Online

    What the government needs to do next

    Originally published: Institute for New Economic Thinking on March 23, 2020 (more by Institute for New Economic Thinking)  |

    Tax rebates, tax cuts and business bailouts will not solve this crisis. Here’s what’s needed.

  •  | Originally published in Puck magazine in 1883 The Protectors of Our Industries shows Cyrus Field Jay Gould Cornelius Vanderbilt and Russell Sage Photo credit ProMarketorg | MR Online

    The precariat under rentier capitalism

    Originally published: Institute for New Economic Thinking on November 2017 Issue by Guy Standing (more by Institute for New Economic Thinking)  | (Posted Nov 27, 2017)

    The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase has been dominated by an ideology of market liberalisation, commodification and privatisation, orchestrated by financial interests, as in his model. The similarities also extend to today’s fundamental challenge, how to construct a ‘re-embedded’ phase, with new systems of regulation, distribution and social protection.

  •  | Xiao Jiang | MR Online

    Why exports alone can’t make poor countries rich

    Originally published: Institute for New Economic Thinking on September 28, 2017 by Xiao Jiang (more by Institute for New Economic Thinking)  | (Posted Oct 03, 2017)

    In a world composed of global value chains, headline global trade data can mask the truth about how much exports are actually benefiting a country, according to professor Xiao Jiang from Denison University.

Monthly Review Essays

  • US Imperialism in Crisis: Opportunities and Challenges to a Global Community with a Shared Future
    Sam-Kee Cheng  | A late 1940s Soviet poster showing a US military service member lounging on top of a German factory smoking a cigar The text beneath reads DER DOLLARIMPERIALISMUS dollar imperialism | MR Online

    1. Introduction The predominance of US economic, political and military power in the world was established at the end of the Second World War.1 With just 6.3 percent of global population, the United States held about 50 percent of the world wealth in 1948. As the only power which had used nuclear weapons on civilian […]

Lost & Found

  • Journalism, democracy, … and class struggle
    Robert W. McChesney  | Bob McChesney on Saving Journalism | MR Online

    Our job is to make media reform part of our broader struggle for democracy, social justice, and, dare we say it, socialism.

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