Subjects Archives: Agriculture

The depression has started.  Journalists are still coyly enquiring of economists whether or not we may be entering a mere recession.  Don’t believe it for a minute.  We are already at the beginning of a full-blown worldwide depression with extensive unemployment almost everywhere.  It may take the form of a classic nominal deflation, with all […]

The questions regarding variations in social development, economic progress, and political empowerment have produced a voluminous literature over the past century, and because of the complexity of these issues, much important reflection will continue well into the future.  In the early 1980s, a United Nations’ Commission coined the term “sustainable development” as a public statement […]

Flying into New York Tuesday, I had the same feeling I had when I arrived in Beirut two years ago, at the height of the Israeli bombing of that city — that of entering a war zone. The immigration agent, upon learning I taught political economy, commented, “Well, I guess you folks will now be […]

In the amazing series of elections in South America in the last five years, the most radical results were in Bolivia, with the election of Evo Morales as President.  It is not because Morales stood on the most radical platform.  It was rather that, in this country in which the majority of the population are […]

The political conflict over the Bush administration’s plan for a bailout of the banks, brought about both by differences with the Democrats and even more intensely with rightwing Republicans, makes it highly unlikely that Congress will be able to pass a bailout plan that can stabilize the financial situation along the lines that Secretary of […]

It would be a mistake to underestimate the importance of the agreement on September 8 between Nicolas Sarkozy of France in his capacity as current president of the European Union (EU) and Dmitri Medvedev, President of Russia.  It marks the definitive end of Act I of the new world geopolitical order. What was decided?  The […]

(1) I thought it might be best to begin the conversation by getting a sense of your personal political trajectory, how you were drawn to Venezuela, some of your most memorable experiences from your time in Caracas, and how all of this has translated into your perspective on revolutionary change.  In short, what did Venezuela […]

Amidst all the journalistic brouhaha about a new cold war, most analysts are missing out on the real crisis that has been crystallized by Saakashvili’s imprudent excursion into South Ossetia.  The very existence of NATO has been put into question. To understand that, we have to go back to the beginning of NATO as an […]

Deteriorating economic and social conditions in Mexico have generated mounting social problems.  Private enterprises in Mexico and the government they control cannot manage, let alone solve them.  Huge demonstrations are rocking the country with more to come.  One chief cause of Mexico’s problems is the turmoil and decline in the US economy.  Rising US unemployment […]

Introduction Despite the vast literature examining the link between trade liberalization and economic growth, empirical studies still fail to provide conclusive and unequivocal evidence supporting the link.  What most of these studies emphasize is that openness, accompanied by a country-specific mix of appropriate complementary policies (macroeconomic and financial policies, education, infrastructure, institutional capacity and governance), […]

Will shared resources always be misused and overused?  Is community ownership of land, forests, and fisheries a guaranteed road to ecological disaster?  Is privatization the only way to protect the environment and end Third World poverty?  Most economists and development planners will answer “yes” — and for proof they will point to the most influential […]

Statistically, South Africa produces enough food to feed its entire population, and in most years it is even a net exporter of food.1  There is, therefore, not a shortage of food in South Africa.  Yet if you walk through the streets of any township or rural village in the country, you will find hungry people […]

  Analytical Monthly Review, published in Kharagpur, West Bengal, India, is a sister edition of Monthly Review.  Its August 2008 issue features the following editorial. — Ed. For those who recognise that there is an ecological crisis, a revolutionary Marxist perspective best sets out a practical view of our endangered surroundings.  This entire issue of […]

The world has been witness this month to a mini-war in the Caucasus, and the rhetoric has been passionate, if largely irrelevant.  Geopolitics is a gigantic series of two-player chess games, in which the players seek positional advantage.  In these games, it is crucial to know the current rules that govern the moves. Knights are […]

Summary Paul Collier, in an attempt to bring development economics to a wider audience, has written a book that departs from what he calls the “grim apparatus of professional scholarship.”  The result is a book that is almost entirely unverifiable.  What is verifiable turns out to be an elaborate fiction.  Collier’s thesis is based upon […]

  The Movement of Financial Capital In recent years, there has been an intensive, continuous process of concentration and centralization of corporations operating and controlling the entire production process of global agriculture. Concentration is the concept used in political economy to explain the movement of large corporations to combine, accumulate, and become large groups.  Thus, […]

As much as we enjoy puns in titles, Stephen Zunes’ recent defense of Gene Sharp’s Albert Einstein Institution (AEI) in the article “Sharp Attack Unwarranted,” doesn’t have much else going for it.  Zunes spends most of his time diverting attention from the real issues: the AEI’s role in imperial projects, a role which is politically […]

  Over the last year, there has been an escalation in the political battles between the government of President Evo Morales and a conservative opposition, based primarily in the prefectures, or provinces.  The opposition groups have rallied around various issues but have recently begun to focus on “autonomy.”  Some of the details of this autonomy […]

Obama has founded his campaign and become attractive to the American voters in large part on the basis of his position on the Iraq war.  He opposed it publicly since 2002.  He has called it a “dumb” war.  He voted against the “surge.”  He has called for a withdrawal over 16 months of all combat […]

  Awash in oil, yet its people, for the most part, are destitute.  Nigeria discovered “liquid gold” half a century ago and today is the world’s eighth largest oil exporter.  But the country is plagued by corruption, inefficiency, underdevelopment, and an uprising in its Niger Delta — the area where most of its oil reserves […]