Subjects Archives: Capitalism

THIS year’s Nobel Prize in economics (the Riksbank Prize to be more precise) has been awarded to three U.S.-based economists for their research into what promotes or hinders the growth of wealth among nations; and they assign a crucial role to institutions, arguing that western institutions like electoral democracy are conducive to growth.

Tech companies are leveraging the misery of Palestinian war victims for their own profit.

Several international organisations are now engaged in the business of measuring what they call “poverty”.

EXTINCTION REBELLION (XR) issued an ultimatum to insurance bosses today as the climate group gears up for a week of protests across the country.

CounterSpin interview with Derek Seidman on insurance and climate.

George Lipsitz: The Danger Zone is Everywhere focuses on how unjust access to housing and health skews opportunities and life chances along racial lines. It argues that housing insecurity and poor health are key components of an unjust, destructive and deadly racial order. The book shows how the tort model of injury in law and the biomedical model of health work to occlude structural racism by treating socially produced injuries as personal problems.

To track progress towards its goal of eradicating extreme poverty by 2030, the UN relies on World Bank estimates of the share of the world population that fall below the so-called International Poverty Line (IPL).  

Credit card data is extremely valuable for companies aiming to predict how people will spend money in the future. Knowing how much people spend, where and on what day says a lot about consumers’ financial situations.

As the presidential election closes in, Jamal Elaheebocus reports on working class strike actions across the USA.

Astronauts Suni Williams and Butch Wilmore are not trapped in space, according to Boeing. The two expected to return to Earth from an eight-day mission on June 18.

The former Labour Party leader’s new foreword to Claire Provost and Matt Kennard’s book ‘Silent Coup’ outlines his thoughts on the growing power of the private sector over society.

A constant in two centuries of U.S. interference in the region is the obsession to destroy any sovereign or moderately progressive project.

Hundreds of Amazon drivers at a delivery station in Queens, New York, marched on their bosses today to announce they are joining the Teamsters.

The famous German sociologist discusses the recent elections in eastern Germany, the need to return to the nation-state, left-wing communitarianism, and the shortfalls of right-populism.

Malcolm X famously said, “show me a capitalist and I’ll show you a bloodsucker.” That’s literally true for U.S. capitalism.

The countries of the BRICS+ were just as capitalist and imperialist as the imperialist bloc of the Global North, argued Ngawani. 

Are you worried about food prices? If so, you are not alone. Some 70% of consumers are “extremely” or “very concerned” about the cost of food at grocery stores.

Vice President Kamala Harris promises to build three million affordable houses if elected president.

CROOKED companies dishonestly presenting their products as safe. Corporate incompetents engaged in a merry-go-round of buck-passing.

ON Independence Day–August 15th–we generally take stock of the path we have travelled since 1947. Today, I will take a different tack and focus on how or why a handful of European countries end up controlling major parts of the world.