Subjects Archives: Capitalism

As a forum for economic cooperation between countries, the G20 lacks a legal basis.

U.S. President Trump’s economic strategy for his second term aims to get the rest of the world, especially its wealthy allies with greater means, to pay more to strengthen the world’s richest economy.

Ahead of the CP’s Congress later this month, RICHARD HEBBERT looks at the pressing climate issues humanity faces and their interdependence with capitalism.

David Hundeyin is a Nigerian investigative journalist, bestselling author, and founder of West Africa Weekly, an independent Pan-African digital news publication focusing on West Africa and the Sahel region.

The point here is not to criticise the GST rate cut as such; but to underscore the fact that any such rate cut, must be accompanied by an equivalent increase in resource mobilization at the expense of the rich, a matter that is squarely within the domain of the central government.

So the stock market may be booming and the AI hype is still exploding, but the rest of the economy is not so buoyant; and there appear to be cockroaches eating into the clean running of the world of debt. Watch that space.

“The administration has chosen to hold food for more than forty million vulnerable people hostage to try to force Democrats to capitulate without negotiations,” says one Georgetown law professor.

Militarism is an essential feature of contemporary capitalism, and targeting this malign partnership in economies of war, genocide and dispossession, has to be the immediate priority.

Silicon Valley is using legal loopholes and NDAs to keep the public in the dark about the water and energy being consumed by generative AI.

What defines global capitalism today?

This continuous tendency towards a rise in income inequality arises from the fact that, owing to the mobility of capital across country borders, wages across the entire world have to suffer the baneful consequences of the massive third world labour reserves; and the relative size of these reserves does not diminish despite such relocation of capital from the Global North.

What would William Morris think if he would see his work being printed on cheap smartphone cases? His response might not be as straight forward as you think. Though Morris preferred craftsmanship over mass production, and fiercely opposed the destruction of nature, he also believed ‘beautiful’ things should be accessible to everyone. And isn’t ‘beauty’ always in the eye of the beholder? This article uses Morris’ ideas to critically examine his work’s contemporary popularity on platforms like Alibaba.

Venezuela embodies resistance and regional integration. Argentina, under Milei, epitomizes the collapse into “narco-capitalism,” social devastation, and foreign subjection.

Walk through Fort Worth, Texas, and you’ll see the story of a collapsing empire written in steel and concrete.

Summary This document elaborates an emerging economic paradigm that is already latent in Zohran Mamdani’s plans and practices. The paradigm, which we call Democratic Public Finance (DPF), reframes money as an inexhaustible and malleable public institution. According to DPF, money is public credit, a capacious tool for mobilizing everyone’s capacities to meet our needs and […]

If tariffs don’t reduce imports to significantly neutralise the fall in U.S. exports, quantitative restrictions on imports may be resorted to.

This dead-end has to be located in a historical context.

The adjustment in the Goods and Services Tax rates that has just been announced to take effect from September 22, does not as such inject any purchasing power into the economy.

President Trump’s snide barbs against his appointee, Fed Chair Jerome Powell, have revived support for central bank independence–long used by powerful financial interests against growth and equity.

The problem, as Karl Marx told us 150 years ago, is capitalism is an exploitative system so that means its existence is dependent upon saturating the markets to maximize profitability.