Subjects Archives: Financialization

Government officials said that they were interested in killing only “terrorists”. But the “terrorists” were supported by most of the population, whom the authorities in fact considered collaborators and fair game.

Blackstone, Apollo, and a handful of other firms are demolishing the US economy for short-term gain, and leaving workers and communities in the wreckage.

For months the mainstream media and Washington Pols have been pushing the metaphor that the U.S. economy is a plane on its final approach to a ‘soft landing’. Soft landing is defined as inflation steadily coming down to the Federal Reserve’s goal of a 2% price level AND does so without provoking a recession.

Ottawa appears largely unconcerned by Ecuador’s social and institutional decay.

The widespread ownership of crypto currencies in countries like Turkey and Argentina has created the grounds for a very reactionary economic understanding among broad social segments, especially among young people.

Social Security has been a financial rock for seniors ever since benefits first began flowing in 1940.

According to an analysis from the Massachusetts Institute of Technology, the minimum wage does not suffice to pay for a typical set of living expenses in any state of the United States. Hawaii, Georgia and Utah, where the living wage gap exceeded $10 per hour, fared the worst.

The economic reality the U.S. public deals with differs so much from selective statistics reported by the media that there’s a split in perceptions of the actual U.S. economy as well.

There are well-known problems associated with the concept of gross domestic product as well as with its measurement.

Land area under ECOWAS, which is condemned by West Africa’s popular movements as an agent of French imperialism, has been reduced to less than half after their withdrawal.

China’s state-led economic development model and robust industrial policy has transformed it into what an influential European think tank calls “the world’s sole manufacturing superpower”, making up 35% of global gross production–more than the 9 next largest manufacturers combined.

Farmers in France are not a homogenous block, and the left needs to be able to unite with its more progressive elements to generalize revolt, argues John Mullen.

China’s state sector still has a powerful ability to sustain investment and production.

A detailed and interactive infographic to recap how CITGO came to face its looming breakup as creditors line up for a court-ordered auction.

In less than three years, the erosion in the U.S. hegemony that began cascading with the defeat in Afghanistan in August 2021 spread to Eurasia, followed by the massive eruption in West Asia by the end of 2023.

What’s scarier than a shark attack? An increase in the minimum wage.

Lenin on the economic essence of war.

CounterSpin interview with Sebastian Martinez Hickey on minimum wage.

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020–at a rate of $14 million per hour– while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.

Didn’t think there could be anything worse than the existing defense bureaucracy? This next-gen is a real killer.