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Subjects Archives: Political Economy

The Empire, Trump and Intra-Ruling Class Conflict

The empire, Trump and intra-ruling class conflict

Over the past few months President Trump has unilaterally by Tweet and telephone begun to dismantle the U.S. military’s involvement in the Middle East. The irony is amazing, because in a general overarching narrative sense, this is what the marginalized antiwar movement has been trying to do for decades.(1) Prof. Harry Targ, in his important […]

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An electronics factory in Shenzhen, China

Globalisation’s corroding edifice

The World Bank’s World Development Report (WDR), published every year since 1978, plays a similar role to that of the state of the union address in the US, in which the president hopes to keep the faith of the Congress and public.

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Currency

FX & Imperialism

What affects the exchange rate of a country’s currency? The answer depends on where that country stands in the world economy. Not simply because an exchange rate is the value of one currency versus another, so that you must weigh up two or more countries.

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