Subjects Archives: Economic Crisis

The Coming world depression requires a New International Economic Order led by Russia, China and Iran.

As the central bankers of the world met at Jackson Hole, Wyoming for their annual get together to discuss issues affecting the world financial sector and monetary policy, U.S. statistics for corporate profits for the second quarter of 2026 were released.

The current energy blockade deprives the Cuban people of resources essential for their survival. It must end immediately and unconditionally.

It is long past time for Canada to apply the principle of economic sovereignty consistently.

These toys of the ultrarich are environmentally destructive and multiplying fast. They should not exist.

In previous writings, we advanced an inventive new model for municipal finance: what we call the Seattle Loop. By establishing a city-owned public bank, we propose, Seattle can not only expand public investment through municipal lending and provide residents with low-cost financial services; it can also purchase its own bonds and “loop” the interest back to the […]

A palpable, but indecisive enthusiasm permeated a recent Seattle arts forum, revealing a city desperate for a future that no one quite knows how to build, let alone finance. Despite the proliferation of sticky notes with compelling schemes, as Amanda Manitach describes in The Stranger, the arts roundtable lacked a cohesive strategy for gathering its aspirational potpourri […]

Since capital is globalized under neo-liberalism while labour remains confined to specific countries, a higher rate of accumulation is supposed to require the creation of a more attractive environment for capital compared to other countries; and lower wages constitute one major component of this more attractive environment.

The world needs an alternative structure of accumulation, beyond neoliberalism, if U.S. hegemony is to be decisively challenged.

The risks inherent in that possibility of closure are now painfully realized, but they were not factored in before.

Reports suggest the U.S. economy may be on the verge of another financial crisis, with major problems in the $3 trillion private credit market. Economist Michael Hudson explains the dangers of Wall Street’s Ponzi schemes.

Clara McCormack assesses the nature of the fuel protests that brought the country to a standstill for a week, arguing that we need to broaden the protests into a wider fight on the cost-of-living crisis.

Ian Angus was interviewed by noted Marxist economist Michael Roberts about Angus’s new book, Metabolic Rifts: Capitalism’s Assault on the Earth System, out now from Monthly Review Press.

Burdened by decades of neocolonialism and corruption, Senegal faces an all-too-familiar dilemma faced by countries across the Global South: how to pursue sovereign development under the weight of debt.

The Indian government appears to have abandoned even the remnants of neutrality, and thrown in its lot with the U.S.-Israeli side. What explains this stand?

What chance do local governments have in fighting authoritarian austerity, especially when they are left to rely on feckless legislators at the state and federal levels who refuse to push back? Right now, we see austerity budgets appearing across every institution and major employer in the U.S. If the federal government continues to sabotage municipalities, […]

To make sense of present developments it is essential to understand the dialectic of continuity and change in U.S. imperial grand strategy.

Chinese regulators have advised major banks to reduce their exposure to U.S. Treasuries, citing market volatility and risk concentration.

The BJP-led government has just got parliament to pass a legislation permitting up to 100 percent foreign equity-ownership in India’s insurance sector.

The Green Party of England and Wales is attracting new members in unprecedented numbers and achieving polling percentages that would have seemed impossible a year ago. However, tensions are building behind the scenes over the party’s economic programme. On December 12, 2025, just over 3 months since Zack Polanski’s election as party leader – the […]