From bus drivers to ballet dancers, workers from across France have taken to the streets in opposition to President Emmanual Macron’s attempts to reshape the country into a U.S.-style neoliberal state.
Subjects Archives: Political Economy
When it comes to pay, U.S. business leaders are world champs
U.S. CEOs not only draw the highest salaries (including bonuses and equity awards, etc.), but they are king of the hill when it comes to lording it over their employees, as illustrated by the high ratio of CEO to worker earnings.
The people of Colombia are cracking up the walls of war and authoritarianism
The protests that started with the national strike called by Colombia’s central union on November 21 to protest pension reforms and the broken promises of the peace accords have persisted for two months and grown into a protest against the whole establishment. And the protests have continued into the new year and show no signs […]
World First: Bank of England unveils climate stress test to banks and insurance companies
Tackling climate change isn’t just about replacing fossil fuels with renewables, or planting more trees. It’s about confronting climate stress across society.
What inequality?
Economic inequality in the United States and around the world is now so obscene, and has convinced more and more people to do something about it, that the business press has initiated a campaign to deny its very existence.
The climate-migration-industrial complex
Thirty years ago there were fifteen border walls around the world. Now there are seventy walls and over one billion national and international migrants. International migrants alone may even double in the next forty years due to global warming.
Your arrow can pierce the sky, but ours has gone into orbit
On Wednesday, 15 January, China and the United States agreed to suspend their full-scale trade war. From February 2018, the United States placed tariffs on Chinese goods that entered the US market, and then China retaliated. This tit-for-tat game continued for almost two years, causing massive disruption in the global value chain.
Britain exits the European Union and takes a sharp right turn
This article assesses the two recent historic events in Britain: the exit of Britain from the imperialist bloc known as the European Union (EU); and the crushing electoral defeat of the Labour Party. Neither Brexit, nor Labour’s defeat, can be understood in isolation from the other.
Jeff Bezos donates three minutes’ income to help Australia fight wildfires
The donation would be equivalent to someone who earned $500 per week announcing on social media that they had just donated five cents to help tackle the blazes.
Fossil fuel political giving outdistances renewables 13 to one
During the latest midterm election cycle, the fossil fuel industry paid at least $359 million for federal campaign donations and lobbying.
‘Grévolution’: first round of a general strike
Since the middle of December, France has been gripped by a wave of large scale strikes. In this article the French collective Plateforme d’Enquêtes Militantes analyses the composition of the strikes, and the potential for its continued escalation.
Covering the Paradigm Crisis with Alexandra Scaggs
Alexandra Scaggs joins Money on the Left to discuss her experience covering the ongoing paradigm crisis in mainstream economics, central banking and finance—and why leftists should be paying close attention.
Australia’s profit-driven apocalypse
Some firefighters report flames 150 metres high. Read that again, slowly. Flames 150 metres high. Higher than a 40 storey building.
Don’t buy the “marketplace of ideas”
Economic imagery pervades societal discourse. Part of this imagery projects markets as existing everywhere; the common societal parlance sees talk of the car market, the grocery market, the computer market, or, simply, the market.
How getting rid of ‘shit jobs’ and the metric of productivity can combat climate change
Yes, we’ll be less efficient. But we’ll be happier, more useful and better able to tackle climate change.
The limits of capitalism
At this point in human history, the limits of capitalism and the limits of our species’ life on Earth have converged. We have never been here before, and we cannot go back.
Cornel West interview
Let’s begin with Prophesy Deliverance. What you do in this book is incredible. You draw from Martin Luther King, Malcolm X, then the famous Afro-centrist Professor James E. Cohn, and then the pragmatic tradition with which you were already familiar while you were doing PhD work at Princeton. Then you put them together and, much […]
The current U.S. approach to nuclear weapons can only lead to armageddon—arms control provides the only path to peace
The decade ends with two major threats to humanity: global warming leading to a climate catastrophe and the threat of a nuclear war extinguishing our civilization.
From a dysfunctional world order to a sustainable future: an interview with Richard Falk
In the interview that follows, Richard Falk, an internationally-renowned scholar of Global Politics and International Law, offers his insights on the contemporary state of world politics and shares his radical vision of the future world order.
Is degrowth an alternative to capitalism?
In what follows, I will first briefly summarize the core arguments of the book, which promises to provoke important discussions on the matter of limits and subjects. Then I will reflect on the fuzziness of the primarily cultural conceptualization of capitalism, and argue that neither self-limitation nor degrowth qualifies as a mode of production, such […]
