-
The Havoc caused by Say’s Law
JEAN-BAPTISTE Say, a French economist who wrote in the late eighteenth century, had formulated a law to the effect that ‘supply creates its own demand’, which meant that there could never be an inadequate demand for the aggregate of goods produced in any economy.
-
How the International Monetary Fund underdevelopes Africa: The Twenty-First Newsletter (2025)
Once plundered of both its wealth and people by colonial powers, Africa now faces IMF-imposed austerity, obscene debt, and forced underdevelopment.
-
Tariffs on medications will make America sick
We might soon see the Trump Administration impose tariffs on pharmaceuticals. U.S. patients will suffer.
-
Martin Luther King on capitalism in his own words
Throughout his life, Martin Luther King Jr spoke often and with vision about the nature of capitalism.
-
Do Mob wars help crime victims?
Understanding media coverage of healthcare price battles.
-
Amidst capitalist crisis and war, Russian Communists struggle against Putin and the oligarchs
Walking along the thoroughfares of the Russian capital these days, it’s easy to feel as though you’ve gone “Back to the Future.” Like Marty McFly in the classic 1985 movie, visitors to Moscow might imagine they’ve traveled back in time to the Soviet past, when socialism beat Hitler and the future of communism beckoned on […]
-
Tough on Institutions, not Individuals: Resisting Militarism in Engineering Schools
The scale and pace of the genocide in Gaza is accelerated by the direct and indirect contributions of American universities.
-
New report shows working-class Americans live 7 years fewer than rich
“The massive income and wealth inequality that exists in America today is not just an economic issue, it is literally a matter of life and death,” said Sen. Bernie Sanders of Vermont.
-
The Great Gatsby 100 years later
The relevance of F. Scott Fitzgerald’s most famous work today on its centennial.
-
Tu Youyou, Ho Chi Minh, Mao Zedong and the struggle against malaria
Caused by a parasite which is spread by infected mosquitoes, malaria has killed billions during thousands of years of human history.
-
On the brilliant Bob McChesney
Bob McChesney, that prescient seer on the subject of media consolidation and much more, died last month.
-
Tariffs, Triffin and the dollar
Trump backed down because the bond market was showing signs of severe stress that could lead to a credit squeeze, particularly for hedge funds that own a significant stock of U.S. bonds.
-
Wiz acquisition puts Israeli Intelligence in charge of your Google data
Google recently announced it would acquire Israeli-American cloud security firm Wiz for $32 billion.
-
Smashing walls, building firewalls, and breaking the digital siege
On October 7, 2023, the Palestinian resistance in Gaza launched Operation Al-Aqsa Flood—a mass breakout from the open-air concentration camp in which 2.3 million people had been confined by seventy-five years of Zionist colonialism and sixteen years of unrelenting siege.
-
America’s national parks are among the victims of Donald Trump’s and Elon Musk’s efforts to drown our government in a bathtub
Park rangers are our most trusted federal employees, and national parks are America’s gift to the world… but the new Trump regime is choking them, depriving them of the personnel and resources they need.
-
The State of Capitalism in Flux: Economy, Society, and Hegemony under Today’s Interregnum
“Everything gives way and nothing stands fast.” —Heraclitus, as quoted in Plato’s Cratylus1 During the “Age of Catastrophe” (1919–45), a series of profound economic, political, and ideological crises disrupted what had appeared to be the “normal” functioning of capitalism.2 In 1930, a key moment of this “age,” marked by the economic catastrophe of the Great […]
-
Trump’s slump
Where is all this going? Well, it means a slump in production in the U.S. and most major economies; and it means a revival of inflation, particularly in the U.S. This is madness, no? Well, as I said last February when all this kicked off, there is method in this madness.
-
US Imperialism in Crisis: Opportunities and Challenges to a Global Community with a Shared Future
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 […]
-
Trump imposes 104 percent tariff on China, as financial turmoil grows
A week after U.S. President Trump launched his economic war against the world under the banner of so-called “reciprocal tariffs,” China will have a tariff of 104 percent imposed on its goods starting today.
-
Review: Marijam Did – “Everything to Play For: How Videogames Are Changing the World”
Videogames are everywhere.