Subjects Archives: Monopoly

Canadian imperialism in Africa has had a rare social media moment.

By the end of April 2020, the coronavirus epidemic outbreak was reaching millions. Thousands were dying daily. Nearly one third of the worldwide population was experiencing different degrees of forced quarantine.

The pandemic is pushing back the world’s poorest countries with the least means to finance economic recovery and contagion containment efforts. Without international solidarity, economic gaps will grow again as COVID-19 threatens humanity for years to come.

A wealth tax would raise badly-needed revenue. More importantly, it could reduce the fortunes—and power—of billionaires.

The recent period of globalisation–following the collapse of the Eastern bloc and the integration of China into the world economy–is in essence the period of global value chains (GVCs).

On 26 January, India’s Republic Day, thousands of farmers and agricultural workers will drive their tractors and walk into the heart of the capital, New Delhi, to bring their fight to the doors of the government.

Bank of England forced to deny taking basic climate actions after hoax from laughtervists, the Yes Men.

The super-rich increased their combined fortunes by 27.5% during the worst of the market turmoil from April through July.

Take a deep dive into the inner workings of Sinophobia Inc. to learn how to see through the media machine.

The U.S. has bought up almost all of the stock of remdesivir from Gilead, making it nearly impossible for this COVID-19 drug to be available anywhere else in the world.

Matt Taibbi concluded that the 2008 Wall Street bailout had “built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors.”

A British high court ruled on July 2 that because the UK recognizes opposition leader Juan Guaidó as president, it does not have to give the government of Nicolás Maduro access to the reserves.

Elon Musk, the head of Tesla, wants to build an electric car factory in Brazil. He was supposed to meet Jair Bolsonaro, the president of Brazil, in Miami in early March, but he was too busy; instead, Musk will go to Brazil sometime this year.

Fears and anxieties are used to create and diffuse fake news and manipulate the electorate. This is what happened at the last Brazilian election. A group of researchers studied the case in order to develop a method to deal with fake news.

In the Bandung Conference of 1955, the governments and peoples of Asia and Africa expressed their ambitions to reconstruct a global system based on the recognition of the rights of countries that had previously been under the yoke of colonialism. In that period, “the rights to development,” as applied to the frameworks for negotiating multipolarity constituted the basis of globalization. These rights would force the imperial powers to adapt to new realities.

The rate of exploitation in the production of Apple’s iPhone X, which stands at 2458%, is 25 times the rate of exploitation that is gleaned from Marx’s examples in Capital, published in 1867.

The U.S. Department of Education has determined the Duke-University of North Carolina Consortium for Middle East Studies misused Title VI funds and they’re requiring the program to provide a revised list of activities that will use these funds over the coming year.

The insights of this new data series are many, but for this post here I want to highlight a single eye-popping statistic. Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion. The bottom 50 percent actually saw its net worth decrease by $900 billion over the same period.

On 6 August 1945, the United States military dropped a bomb that contained 64kg of uranium-235 over the city of Hiroshima (Japan). The bomb took just over 44 seconds to fall from 9,400 metres and detonated 580 metres above the Shima Surgical Clinic. Over 80,000 people died instantly. This was the first use of the nuclear bomb.

In this episode, we talk with Nathan Tankus, Research Director of the Modern Money Network, and Research Fellow at the Clarke Business Law Institute at Cornell Law School. We ask Nathan to expand upon and deepen his engagement with the inflation question in all its historical, political, and rhetorical complexity.