Subjects Archives: Political Economy

U.S.-led sanctions have functioned as ‘silent killers’ in countries such as Iraq, Syria, and Venezuela.

Samir Amin is known for his ideas about how the world economy works. He also introduced the term Eurocentrism in 1988. Many people see him as a leader in Dependency Theory.

Prime Minister Shigeru Ishiba, who heads the LDP, has intensified his rhetoric on issues appealing to conservatives, the core LDP base.

A Trump-appointed federal judge has blocked a key rule that would have removed medical debt from the credit reports of roughly 15 million Americans, dealing a harsh blow to struggling families already burdened by the high cost of health care, particularly Black Americans who carry a disproportionate share of that debt.

For Baran, the key to liberating the former colonies from the stranglehold of rapacious monopolies is not a reordering of international relations, not a campaign for a level international playing field, not alternative market institutions, nor a coalition of dissenters from the status quo, but a radical change in the social and economic structure of the oppressed country.

In 1958 the assistant headmaster did the Bible reading at the morning assembly of the Karachi Grammar School (Pakistan), founded in 1848 by the Church of England. The reading from Acts 17:23 concerned St. Paul’s declaration upon seeing the Athenian monument to an unknown God. “What you worship but do not know—this is what I […]

U.S. corporations and military planners welcome the ‘legal maneuver space’ Israel has opened up for them to profit from warfare that slaughters and starves civilians.

Despite this dire backsliding on climate policy, with consequences that are clear as day, it’s business as usual in the realm of business news.

THE World Bank has recently published a list of Gini coefficients for 61 countries relating in some cases to income distribution and in others to consumption expenditure distribution.

Mészáros’s study points out that an integral part of capital’s incessant drive to expand involves overcoming two interlocking contradictions.

Fossil fuel executives lied about climate change. Public officials cut funds for climate science and disaster preparedness. This time, the result was catastrophic flooding in Kerr County, Texas.

The diplomatic row devolved into a potential trade crisis when Trump threatened Brazil with higher tariffs on Brazilian products if it did not cease the alleged persecution of the ultra-right former president Jair Bolsonaro.

The information on increase in hunger is far more direct and based on readily verifiable statistics, than are the official calculations of poverty.

Chris Townsend has been organizing workers, conducting political work for labor unions, and teaching young workers to organize for almost all his adult life. He is, as we say, “the real deal.” While most of us opine and pontificate about labor, Chris does the dirty work. He organizes. His contributions over several decades have played […]

We’re about to see the largest upward transfer of wealth in U.S. history. It’s also going to be the largest cut to health care in the history of the U.S. The “Big Bill” includes over $1 trillion in cuts to Medicaid, Medicare, and the Affordable Care Act (ACA).

When he was 15, in 1929, Harry found a book by Karl Marx in a used-book store. He said reading it “blew his mind.”

The attacks on the past, as Fanon puts it, are also attacks on the history, culture, and very way of life of oppressed people. 

Despite the hot sun, few Americans were wearing rose-colored glasses these days, but rather fear dark clouds ahead. Many feel worried, even despairing. But sometimes they could rejoice at bright spots.

Donald Trump’s “big beautiful bill” which got passed by both houses in the U.S. and has now become law, is a massive assault on welfare spending.

The death toll from flash flooding in Texas continues to rise, now above 100, with many still missing and presumed drowned.