Top Menu

Subjects Archives: Imperialism

Imperialism, Globalization, and War

The Currency War

Everyone is talking now of the “currency war” that seems to be breaking out among the world’s leading economies, each working for a depreciation of its currency vis-à-vis the others.  The effect of a currency depreciation is to enlarge the exports of the country undertaking such a depreciation and to reduce its imports, since its […]

Continue Reading

David Broder Calls for War with Iran to Boost the Economy

This is not a joke (at least not on my part).  David Broder, the longtime columnist and reporter at a formerly respectable newspaper, quite explicitly suggested that fighting a war with Iran could be an effective way to boost the economy.  Ignoring the idea that anyone should undertake war as an economic policy, Broder’s economics […]

Continue Reading

Economics, Ideology, and Imperialism

  Prof. Prabhat Patnaik, eminent Marxist economist, taught in CESP-JNU (Centre for Economic Studies and Planning, Jawaharlal Nehru University) over the last four decades.  He has been one of the most outstanding economists in India and a great teacher.  He has retired from JNU recently.  On the occasion of his farewell, the students of CESP […]

Continue Reading

Currency Wars and Global Rebalancing

  Guido Mantega, the Brazilian Finance Minister, said recently that Brazil is in the middle of a currency war.  His preoccupation with exchange rate appreciation is not directed to global imbalances, in general, or China, in particular.  A more depreciated currency provides protection for domestic production and makes domestic goods and services cheaper for foreigners. […]

Continue Reading

Contingent in Oct. 2 Jobs Rally to Demand: “Money for Jobs, Not War or Sanctions against Iran!”

  On Oct. 2, tens of thousands of people from across the United States — members of civil rights organizations, labor unions, community groups and religious institutions — will rally at the Lincoln Memorial in Washington, D.C., to demand “Jobs, Justice and Education!”  (See www.onenationworkingtogether.org.) As part of this effort, the peace movement is mobilizing […]

Continue Reading

Venezuela: In Transition towards Socialism?

Nationalization and Workers’ Control: Achievements and Limitations The economic, social and political situation in Venezuela has changed a lot since the failure of the constitutional reform in December 2007, which acted as a warning to the Chávez government.1  This failure had the effect however of reviving the debate on the need to have a socialist […]

Continue Reading

Loyalism and Mau Mau

  Daniel Branch.  Defeating Mau Mau, Creating Kenya: Counterinsurgency, Civil War, and Decolonization.  Cambridge: Cambridge University Press, 2009.  xx + 250 pp.  $80.00 (cloth), ISBN 978-0-521-11382-3; $24.99 (paper), ISBN 978-0-521-13090-5. The two related themes in Kenya’s history that have drawn the most debate and interpretations are land and the Mau Mau war.  Daniel Branch’s study […]

Continue Reading

“Combat Troop Withdrawal” from Iraq and the Threat of Another War: Interview with Arshin Adib-Moghaddam

  In your view, does the combat troop withdrawal mean that the mission has been completed successfully? Viewed from all conceivable angles the war must be considered a strategic failure and a humanitarian disaster.  True, the US government, together with its allies primarily the United Kingdom, managed to oust Saddam Hussein who was, by all […]

Continue Reading

War by Other Means

  Phillip J. Cooper.  The War against Regulation: From Jimmy Carter to George W. Bush.  Studies in Government and Public Policy Series.  Lawrence: University Press of Kansas, 2009.  288 pp. $34.95 (cloth), ISBN 978-0-7006-1681-7. Phillip J. Cooper is an accomplished scholar of the executive branch of the U.S. government and its interaction with the courts. […]

Continue Reading

Remittances, Migration, and Other Panaceas: The End of Outward-looking Development Strategies?

  In a 1965 essay, the great development economist Albert Hirschman bemoaned the tendency of those in his profession to look for the next panacea.  Unfortunately, various panaceas have come in and out of fashion since Hirschman wrote. During three decades of neo-liberalism, development economists and policymakers have celebrated three inter-related strategies: (1) free markets, […]

Continue Reading

The New York Times Goes on the War Path to Cut the Pensions of the Upper Class (like Teachers, Custodians, and Garbage Collectors)

Columnists are given considerably more leeway than reporters, but serious newspapers still expect their pieces to bear some relationship to reality.  This is why the Ron Lieber’s column warning of a class war (“The Coming Class War over Public Pensions”), with government workers as the new “haves,” may leave many readers wondering about the New […]

Continue Reading