Top Menu

Subjects Archives: Globalization

Global move from America

The global pivot away from America

There was a day when the world realised they’d had enough of America. It wasn’t when America turned it back on the Herculean effort to sign the world up to the Paris Climate Agreement or TTIP or America’s continuous support for Israel’s murderous actions in Gaza or various other deals that took years to iron […]

Continue Reading
Trumps protectionism

Trump’s protectionism

ON March 8, Donald Trump made an announcement which according to many has the potential of starting a global trade war. He announced that the U.S. would be raising tariffs on imported steel by 25 per cent and tariffs on imported aluminium by 10 per cent.

Continue Reading
How Will Capitalism End? Essays on a Failing System by Wolfgang Streeck, New Delhi: Juggernaut Books, 2017; pp 272, ₹499 (paperback).

The future of capitalism

Looking at the present and future system of capitalism, there is a vital crisis at the heart of it all. Democratic capitalism, starting out in the 18th century, has had its ups and downs but even Marx, Keynes, Rosa Luxemberg, and Kondratieff have all failed to establish theories to break out of the capitalist system.

Continue Reading
Originally published in Puck magazine in 1883, “The Protectors of Our Industries” shows Cyrus Field, Jay Gould, Cornelius Vanderbilt, and Russell Sage. (Photo credit: ProMarket.org)

The precariat under rentier capitalism

The Precariat under Rentier Capitalism Guy Standing We are in the midst of a Global Transformation, analogous to Karl Polanyi’s Great Transformation described in his seminal 1944 book. Whereas Polanyi’s Transformation was about constructing national market systems, today’s is about the painful construction of a global market system. To use Polanyi’s term, the ‘dis-embedded’ phase […]

Continue Reading
Development in Cambodia

Land grabs and uneven development in Cambodia

The global labor arbitrage means the only competitive “advantage” available to most countries is forcing workers to accept slave wages and environmental standards low enough to lure in multinationals. If the population resists, the only means available to diffuse it is brutal repression.

Continue Reading
Seymour Hersh

Seymour Hersh dishes on new exposé upending the official story about Trump and Syrian chemical attacks

Seymour Hersh is a Pulitzer Prize-winning journalist who famously exposed the My Lai Massacre in Vietnam, and more recently, the U.S. military’s abuse of detainees at Abu Ghraib prison. This weekend, Hersh reported that the alleged chemical attack in Idlib, Syria, this March was not perpetrated by the Syrian military, as the Trump administration has claimed

Continue Reading
W. E. B. Du Bois mural in Philadelphia, 2011. Photograph by Laurenellen McCann / Flickr

W. E. B. Du Bois’s revolutions

“Capitalism cannot reform itself; it is doomed to self-destruction. No universal selfishness can bring social good to all. Communism—the effort to give all men what they need and to ask of each the best they can contribute—this is the only way of human life.” With this sober stroke of his insurgent pen, the 93-year-old scholar […]

Continue Reading