Subjects Archives: Political Economy

The U.S., particularly oligarchs like Donald Trump, Elon Musk, Harlan Crow, and Rupert Murdoch, seeks to shape the world according to their own image. The hypothetical Mar-A-Lago accord, proposed by the Hudson Institute–a neoconservative think tank funded by right-wing billionaires–lays out a position paper calling for the U.S. government to restructure the global trade and financial architecture.

To a person unfamiliar with India’s history and political economy, the Indian government’s response to Trump’s actions must be puzzling.

Throughout his life, Martin Luther King Jr spoke often and with vision about the nature of capitalism.

Understanding media coverage of healthcare price battles.

Every dollar added to the world’s military budgets takes us closer to a potentially apocalyptic scenario of world war.

Walking along the thoroughfares of the Russian capital these days, it’s easy to feel as though you’ve gone “Back to the Future.” Like Marty McFly in the classic 1985 movie, visitors to Moscow might imagine they’ve traveled back in time to the Soviet past, when socialism beat Hitler and the future of communism beckoned on […]

ELEMENTARY textbooks in economics invariably begin with a completely mythical concept: the concept of “perfect competition”, which is different from the concept of “free competition” that the classical economists and Marx had used.

U.S.-led sanctions (more aptly referred to as Unilateral Coercive Measures) caused Venezuela to lose oil revenue equivalent to 213% of its GDP between January 2017 and December 2024, resulting in losses of roughly $77 million per day. Who is the real target of these and other unilateral coercive measures?

The scale and pace of the genocide in Gaza is accelerated by the direct and indirect contributions of American universities.

A cornerstone of Donald Trump’s economic policies is tariffs. Claiming that just about every country in the world has ripped off the United States—even stating that the European Union was established to do this—he sees tariffs as a way for the U.S. to get even.

“The massive income and wealth inequality that exists in America today is not just an economic issue, it is literally a matter of life and death,” said Sen. Bernie Sanders of Vermont.

The relevance of F. Scott Fitzgerald’s most famous work today on its centennial.

On a stormy August night in 1791, Dutty Boukman (1767–1791) and Cécile Fatiman (1771–1883) conducted a Vodou ceremony at Bois Caïman in northern Saint-Domingue, in the French-owned part of Hispaniola.

Caused by a parasite which is spread by infected mosquitoes, malaria has killed billions during thousands of years of human history.

The Department of Education will withhold money from tax refunds and Social Security benefits, garnish federal employee wages, and withhold federal pensions from people who have defaulted on their student loan debt.

Bob McChesney, that prescient seer on the subject of media consolidation and much more, died last month.

Trump backed down because the bond market was showing signs of severe stress that could lead to a credit squeeze, particularly for hedge funds that own a significant stock of U.S. bonds.

Google recently announced it would acquire Israeli-American cloud security firm Wiz for $32 billion.

DONALD Trump has put off his proposed tariffs by ninety days; but countries like India have to respond to Trump’s measures whether now or after ninety days.

After many decades of stasis, we see the growth of a ‘new mood’ in the Global South. Though only a hint of a new possibility, it holds tremendous democratic potential, with sovereignty at its centre.