Subjects Archives: Political Economy

Billy Saas and guest-host Ben Wilson speak with Martha McCluskey about the ins and outs of the Law & Political Economy movement. McCluskey is Professor Emerita at the University at Buffalo School of Law and a progressive institution-builder. She has made foundational contributions to feminist research and activism in and beyond the academy, focusing on interrelations between economic and legal institutions. McCluskey’s expertise with construction and maintenance of durable institutions for the development and circulation of socially- and politically-attuned critical legal scholarship gives good reasons for hope in this time of great political unease. 

The sentiment that the West is an unreliable trade partner in now common in Russia. In an interview with GUANCHA.CN, Russian consumer market expert Dmitry Reva noted that Western corps left the Russian market after the war broke out, leaving a vacuum. Following this, China-Russian trade has enhanced, with prospects for deeper cooperation in agriculture, Far East development, and other fields.

Mark Rutte said the alliance needs to adopt a ‘wartime mindset’ and suggested cutting spending on pensions and healthcare.

The evolution of the Pentalasia has been and continues to be central in defining the Middle East and the entire geopolitical Rimland. To whom the control of Pentalasia will go, will probably go the control of the entire Rimland.

Under the presidency of Emmanuel Macron, the expected lifespan of a prime minister has gone from three years to three months. Michel Barnier, the latest PM to fall victim to the rolling political, social and constitutional crisis that is the Macron presidency, was appointed in September and kicked out in time to spend Christmas with his family. His predecessor, Gabriel Attal, lasted a comparatively Methuselean six months.

Liberal opinion holds that the international monetary and financial system is a device for promoting the interests of all participating countries by providing a convenient payments arrangement within which trade can be carried on. The reality however is altogether different: the international system is founded upon the hegemony of western imperialism, and in turn sustains this hegemony.

Oil companies have long lied about the impacts of burning their fuels. They also lie about the plastic they produce. The treaty talks were no exception.

The Global North and its corporate executives have wielded the concept of ‘corruption’ to underdevelop the Global South, whose social wealth it instead injects into the Continent of Sleaze.

The solution is obvious and simple, which is why the nation’s richest people hate it so much: Scrap the cap and make the wealthy pay a much fairer share in Social Security taxes.

‘UNION’ follows Amazon warehouse organizers through an uphill battle, a stunning victory, and an uncertain future.

Recently, there has been a spate of articles and commentary about ‘U.S. exceptionalism’, namely that the U.S. economy is bounding forward in terms of economic growth, hi-tech investment and productivity, leaving the rest of the world behind.

The United States is continuing its economic battle against China in South America. However, its influence in the region is in decline as nations seek alternatives in order to forestall U.S. hegemony.

With Chad and Senegal joining Burkina Faso, Mali, and Niger in demanding the withdrawal of the French military from their countries, a surge of sovereignty continues to ripple across the Sahel.

Reckless financial speculation almost broke the world economy in 2008, but it has returned in new forms, showing capitalism’s inherent tendency to create crisis, argues John Clarke.

‘Say goodbye to selling into the wonderful U.S. Economy’ if dollar replaced; President-elect Donald Trump warns BRICS.

Rich tributes flow in for the ‘towering’ Marxist ideologue who passed away in Kolkata on November 28 at the age of 88.

In Africa, the leading forces of capitalism have ruthlessly wielded a neoliberal conception of corruption to undermine states’ sovereignty and open the continent to plunder at the hands of Western multinational corporations.

‘We are on the brink of an irreversible climate disaster’, scientists conclude. Donkeys: feral pests or nature’s saviours? Climate change threatens global food security and farmers’ incomes.

It is common for governments these days to provide fiscal transfers to capitalists, whether through reduced corporate tax rates, or by providing direct cash subsidies, to encourage greater investment by them and thereby stimulate the economy. During Donald Trump’s first presidency there had been a cut in corporate tax rate with this objective in mind. In India the Modi government, as is well-known, has given massive tax concessions with the same objective.

Despite 14 member states voting in favor, the U.S., as a permanent member, exercised its veto for the fifth time since October 2023.