Subjects Archives: Economic Theory

Earlier this month, in Savar (Bangladesh), over 1400 delegates came to the fourth People’s Health Assembly–first held in 2000 by popular health organisations to drive a global dynamic to champion public health measures. At the centre of the discussions were increased health inequalities–between the rich and the poor certainly, but also sharply between affluent states and states that have found their wealth robbed by colonialism and the adverse order produced over the past fifty years.

The historically low black unemployment rate is one of Donald Trump’s favorite applause lines. Even Reuters [ht: ja] declares that Trump is right.

Fascism is always a danger under capitalism, with its frequent crises and endemic white supremacy, but the phony “resistance” is only concerned about electing Democrats.

In this special episode, we offer a montage of interviews, songs, and speeches recorded during the Poor People’s Campaign’s June 23 rally on the National Mall and march on the US Capitol. To learn more about the 21st Century.

Council staff make history with biggest strike over equal pay.

Vijay Prashad talks to Daniel Whittall about socialism, anti-imperialism and the new global research network Tricontinental.

If there is one thing from which Green thinking and practice suffers, it is the lack of an over-arching historical and socioeconomic conceptualisation of the dynamics making for the trashing of the environment as habit for humans and other creatures.

Leon Lederman had to auction his Nobel medal for physics to meet sky-high healthcare costs.

Grace Blakeley dissects the failure of finance capital and calls for radical measures to take it back under democratic control.

Business ethics, with Karl Marx

Sorry to Bother You threw down the gauntlet. We can no longer afford to stick to the script.

Strikes continue to be an effective way for teachers to improve their living and working (and by extension student learning) conditions. And, polls show that a strong majority of parents continue to support them. Popular support for teacher strikes remains strong The education pollster PDK recently asked adults what they thought about teacher salaries and […]

In this episode, we speak with Emma Caterine (@emmacaterineDSA), a law graduate and writer with more than a decade of experience working within economic justice, feminist, LGBTQ, and racial justice movements. We talk Democratic Socialists of America, MMT, the advantages of a federal jobs guarantee over a universal basic income, the place for sex work in a jobs guarantee program.

The 21st Century has not been a good one for most working people in the United States. In fact, for most of this century, real median household income has been below its starting value in January 2000.

According to Russian Central Bank figures, Russia’s total gold reserves amounted to 1,944 tons as of June 2018, with the regulator pointing to a steady rise in holdings of the precious metal over the last decade (total gold reserves amounted to less than 500 tons in 2008). In the same period, the share of gold in Russia’s total reserves grew from just 2.5 percent to over 17 percent.

The deepening of economic globalization appears to have ground to a halt and the process may even unravel a little. The sudden stop has surprised economists, whose belief in globalization has strong parallels with Fukuyama’s (1989) flawed end of history hypothesis.

Public awareness and acceptance of the negative consequences of corporate-driven globalization on U.S. workers has grown dramatically over the last years, aided in part by Donald Trump’s attacks on trade agreements like NAFTA.

In this episode, we speak with Fadhel Kaboub (@fadhelkaboub), associate professor of economics at Denison University and President of the Global Institute for Sustainable Prosperity. Fadhel outlines a new critical approach to postcolonial political economy, arguing that re-gaining financial sovereignty is a crucial next step for postcolonial nations hoping to achieve social, economic, and environmental justice.

Why are thousands of Central Americans fleeing violence and economic devastation and flocking to the United States? Because of the American dream? Because the streets are paved in gold?

Karl Polanyi’s reciprocal, redistributive substantive-socialism; ‘Corbynomics’ as fair and caring socialism.