Subjects Archives: Financialization

Fueled by pandemic restrictions and a glut of qualified applicants, competition for internship slots is growing fiercer all the time.

U.S. foreign policy is increasingly promoted by billionaire-funded foundations. The neoliberal era has created individuals with incredible wealth who, through “philanthropy,” flex their influence and feel good at the same time.

African leaders had come to recognize the various factors that hinder the continent’s development and seriously jeopardize the future of its peoples. The Abuja Treaty was put in place to increase economic self-reliance, promote self-sustained development, and raise the living standard of African peoples.

Money on the Left speaks with Sibel Kusimba, Associate Professor of Anthropology at University of South Florida, about her work on mobile money and digital finance in Kenya. In her recently published book with Stanford University Press titled Reimagining Money: Kenya in the Digital Finance Revolution, Kusimba both theorizes and critiques Kenya’s thriving M-Pesa mobile phone-based payment system as a constitutive component of Kenyan social life.

International cooperation must ensure significantly more official foreign exchange financing to supplement innovative domestic financing for urgently needed spending for relief, recovery and reform.

The cost and time involved in validating Bitcoin transactions makes it unusable in retail transactions. So they will always be foreign currencies, where you have to trade in and out of them into a real world currency.

Chinese cryptocurrency businesses mine two-thirds of all Bitcoin. But for how long will they remain welcome in the country?

ON October 2, 2020, even before any vaccines against COVID-19 had been approved, India and South Africa had proposed to the WTO that a temporary patent waiver should be granted on all such innovations.

A group of anti-war veterans said President Joe Biden’s spending priorities indicate that he thinks “preserving apartheid is more important than fighting climate change.”

In Sub-Saharan Africa, where health spending and human development levels are in a dramatic state, there is a stronger case than ever for unilateral suspensions of debt payments based on arguments recognized in international law; such as state of necessity and fundamental change of circumstances.

The series continues with analyses of how indebtedness developed in other regions of the Global South.

What is new with contemporary (global) leading corporations? If gigantic monopolies are a repeated phenomenon in capitalism’s history, why all the fuss we see every day regarding high concentration?

U.S. President Joe Biden’s $1.9 trillion rescue package is one of the most ambitious measures to revive the U.S. and, with it, the world economy.

Ecuador provides an example of a government which officially decided to investigate the process of indebtedness so as to identify illegitimate debt and suspend its repayment.

A battle is slowly brewing in Washington DC over whether to raise corporate taxes to help finance new infrastructure investments.

The 2020 bonus pool for 182,100 securities industry employees could pay for more than 1 million jobs paying $15 per hour for a year.

Women around the world spend an average of four hours and twenty-five minutes per day on unpaid care work, while men spend an average of one hour and twenty-three minutes per day on the same kind of work.

Jake Woodier reviews a new documentary film that brings heist aesthetics to a story of debt activism

One year after the COVID-19 pandemic began, U.S. billionaires have made out like gangbusters at the expense of workers.

150 years ago, on 18 March 1871, the Paris Commune was born.