Subjects Archives: Capitalism

There is an expectation that Prime Minister Narendra Modi would prioritise a historic turnaround in India’s relations with China as a legacy of his 15 years in power. Things are indeed moving in such a direction. 

The Third Plenum is a meeting of China’s Communist Party Central Committee composed of 364 members which discusses China’s economic policy for the next several years.

‘Climate change has already caused mass death on a pandemic-like scale’

In 1998, the head toxicologist at 3M estimated that a safe level of PFAS in human blood is about one part per billion. The average American’s blood has not double, not triple, but 30 times that amount.

Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile, people in extreme poverty have been increasing again after decades of decline.

Global carbon dioxide emissions (the main cause of global warming) continue to rise, hitting a new high in 2023.

Multimillionaires around the world have benefited from the inflation year 2023, while the German super-rich alone increased their wealth by 10 percent to more than €2.1 trillion.

To say capitalism kills is not hyperbole: it is simply incompatible with continuing life on Earth.

There are roughly four proximate features of capitalist poverty.

CEOs state outright that profit must come first, even as this year’s deadly heat waves providing worrying evidence of the rising climate emergency, reports John Clarke.

CounterSpin interview with Kennedy Smith on dollar store invasion

Developing country governments are being blamed for irresponsibly borrowing too much. The resulting debt stress has blocked investments and growth in this unequal and unfair world economic order.

Addressing climate change requires a comprehensive, equitable, and pragmatic approach that prioritizes substantial emissions reductions and supports vulnerable populations most affected by global heating.

Once again the mainstream press is touting a “blowout” jobs report.

As there can only be one price standard in any functioning economic system the transition from one price standard to another cannot take place gradually, or in a mixed way, but must take place sharply, and therefore completely in a very short time frame.

Capitalist crises cannot only be measured by its catastrophic effects on society, but also by the reception of their most staunchest critique: Karl Marx’s Capital.

THERE has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a U.S.-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the fact of diffusion is indubitable.

The Deep State should have been alert five years ago when Candidate Joe Biden announced that he, if elected as president, was determined to make the Saudi rulers “pay the price, and make them in fact the pariah that they are.”

As more people consume more energy, our society moves collectively further away from mitigating climate catastrophe.

A distinction is drawn in economics between demand-constrained systems and resource-constrained systems (which for simplicity and symmetry we shall call supply-constrained systems).