Subjects Archives: Capitalism

Simon Hannah reports on the mounting crisis for British capitalism.

Eleven million dollars per minute! That’s how much all the countries in the world spend to subsidize fossil fuels. That’s what we pay.

As Pakistan drowns, as Puerto Rico is cast into darkness, and as Jacksonians remain thirsty, it’s past time for a climate tax on fossil fuel companies.

While the rich embark on trips to space and fantasize about colonizing Mars, nearly a billion people have no access whatsoever to electricity.

At the United Nations General Assembly, Nicaragua’s Sandinista government called for a global rebellion against the “imperialist and capitalist system” that is “bleeding the world dry.” Condemning illegal sanctions and war, it urged a new multipolar order.

Present, all too present, on the earth, capitalism is not present to it. It is global.

It is not just the immediate effect on Europe that threatens to be severely adverse; capital has already started relocating away from Europe to the United States, a trend that will inevitably gather momentum, so that long-term growth and hence employment prospects on that continent will also be affected.

Dependency and world-systems theorists have long argued that “unequal exchange” is a key driver of global inequality.

Economist Michael Hudson discusses partial student debt relief in the U.S., inflation and the Fed, disaster capitalism in Ukraine, and China’s challenge to the petrodollar.

This famous sentence from Joseph Ki-Zerbo could be translated as ‘we do not enforce development; we develop ourselves.’ However, development paradigms have been largely influenced by external views, mainly those of Western countries.

Lately, there’s been talk of revolution. Not just any, the revolution, with a capital R.

The G7 governments have a problem.

Many lawmakers are criticizing the Schumer-Manchin climate bomb — but only a few have pledged to do what may be necessary to stop it.

In November 2022, most member states of the United Nations (UN) will gather in the Egyptian resort city of Sharm El Sheikh for the annual UN Climate Change Conference.

McGuire: Around 2.4 trillion tons of carbon dioxide has been released into the atmosphere in the last couple of centuries. This is acting as a blanket, keeping in heat that would otherwise head off into space.

Marx’s Capital ​after 150 Years: Critique and Alternative to Capitalism.

‘Time to call a spade a spade ….’

Luxury cruises are an expression of capitalism’s worst instincts.

Twenty-five years of neoliberal political economy are to blame for today’s regime of surveillance advertising, and only public policy can undo it.

The New Jersey TV doctor wants to privatize Medicare—and tax workers to boost the profits of insurance giants whose stock he owns.