Subjects Archives: Political Economy

The hypocrisy of the world’s biggest banks on climate change keeps mounting.

Clean energy contributed a record 11.4tn yuan ($1.6tn) to China’s economy in 2023, accounting for all of the growth in investment and a larger share of economic growth than any other sector.

The economic reality the U.S. public deals with differs so much from selective statistics reported by the media that there’s a split in perceptions of the actual U.S. economy as well.

There are well-known problems associated with the concept of gross domestic product as well as with its measurement.

Land area under ECOWAS, which is condemned by West Africa’s popular movements as an agent of French imperialism, has been reduced to less than half after their withdrawal.

China’s state-led economic development model and robust industrial policy has transformed it into what an influential European think tank calls “the world’s sole manufacturing superpower”, making up 35% of global gross production–more than the 9 next largest manufacturers combined.

Farmers in France are not a homogenous block, and the left needs to be able to unite with its more progressive elements to generalize revolt, argues John Mullen.

Greenpeace campaigners said that the oil group should pay some of its profits into a fund agreed upon at Cop28 climate talks last month to help pay for loss and damage caused by climate change.

China’s state sector still has a powerful ability to sustain investment and production.

A detailed and interactive infographic to recap how CITGO came to face its looming breakup as creditors line up for a court-ordered auction.

The world’s richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam.

The World Economic Forum (WEF) is the ruling-class Comic-Con, a fantasy fortress where the 1 percent’s 1 percent can save the world that they are sending to hell.

Siddarth Kara’s book exposes the exploitation behind the Fourth Industrial Revolution.

In less than three years, the erosion in the U.S. hegemony that began cascading with the defeat in Afghanistan in August 2021 spread to Eurasia, followed by the massive eruption in West Asia by the end of 2023.

What’s scarier than a shark attack? An increase in the minimum wage.

Lenin on the economic essence of war.

CounterSpin interview with Sebastian Martinez Hickey on minimum wage.

As investors worldwide drop cash on Israeli start-ups for ‘battle-tested’ weapons, defence tech CEOs are poised to be the war’s only victors.

The modern food system is being shaped by the capitalist imperative for profit.

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020–at a rate of $14 million per hour– while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.