Subjects Archives: Political Economy

Public awareness and acceptance of the negative consequences of corporate-driven globalization on U.S. workers has grown dramatically over the last years, aided in part by Donald Trump’s attacks on trade agreements like NAFTA.

The enormous dangers that rapid climate change present to humanity as a whole, and the inability of the existing capitalist political-economic structure to address them, symbolized by the presence of Donald Trump in the White House, have engendered a desperate search for technofixes in the form of schemes for geoengineering, defined as massive, deliberate human interventions to manipulate the entire climate or the planet as a whole.

There is a great deal of false and inaccurate information about Nicaragua in the media. Even on the left, some have simply repeated the dubious claims of CNN and Nicaragua’s oligarchic media to support the removal of President Ortega. The narrative of nonviolent protesters versus anti-riot squads and pro-government paramilitaries has not been questioned by international media.

So this is what we can look forward to in the long twilight of a shrinking U.S. empire: the shrieks of a delirious ruling class, concocting endless diversions from the central reality of late-stage capitalism’s inability to offer the people anything but widening wars and deepening austerity.

The relationship between oppression and class has always been an important question for Marxists and has been the subject of numerous debates between socialists and among the left more broadly.

Revulsion is building towards the smokescreens of hypocrisy, racism, and nationalism barely masking capitalism’s ongoing failure to provide the jobs and incomes people need.

Thank you very much for your kind invitation to participate in this very interesting, I would say even intriguing conference on Marx and Marxism, held in Beijing and coinciding with the celebration of the 200 years since the birth of Karl Merx, the thinker who has contributed as nobody else to demystifying our Social Being.

In her book Reflexões im-pertinentes: História e capitalismo contemporâneo published in 2005, she examined the development of capitalism and its new forms of commodification through a combination of theoretical reflection and empirical analysis. Based on the concept of expropriation, her research reflects a recovery of the critique of political economy in social theory.

Back in June, Neil Irwin wrote that he couldn’t find enough synonyms for “good”  to adequately describe the jobs numbers.

In most states in the United States, the rich have enjoyed ever lower rates of taxation while working people have suffered from inadequately funded public services.

In this episode, we speak with Fadhel Kaboub (@fadhelkaboub), associate professor of economics at Denison University and President of the Global Institute for Sustainable Prosperity. Fadhel outlines a new critical approach to postcolonial political economy, arguing that re-gaining financial sovereignty is a crucial next step for postcolonial nations hoping to achieve social, economic, and environmental justice.

The rise of extreme right wing politics is a response by sections of the ruling classes internationally to the economic stagnation.

Germany’s politicians played the chicken game last week, testing which party, Angela Merkel’s Christian Democratic Union or its Bavarian “sister party”, Horst Seehofer’s Christian Social Union, would be the first to swerve.

How can we understand the way that capitalism comes to be gendered and racialised?

This year alone will bring total spending on the Pentagon and related agencies (like the Department of Energy where work on nuclear warheads takes place) to $716 billion.

Nuclear power is enormously expensive and yet successive U.S. governments, including that of President Donald Trump, have supported the industry in many ways. The net result is that various costs are passed on to society at large, while the profits accruing from this pursuit are privatized.

The United States’ National Endowment for Democracy distributed some 4.2 million dollars in Nicaragua, between 2014 and 2017, to train “new leaders” to overthrow the Sandinista government | Francisco Arias Fernández*

Why are thousands of Central Americans fleeing violence and economic devastation and flocking to the United States? Because of the American dream? Because the streets are paved in gold?

MPN spoke to Yasha Levine, the author of “Surveillance Valley,” and Monthly Review editor John Bellamy Foster about the rise of the Amazon.com empire and the merger of Big Data, finance capitalism, and the U.S. state apparatus.

A recent article published in the American Economic Review, “Global Inequality Dynamics: New Findings from WID.world,” draws upon the World Wealth and Income Database to examine trends in global inequality.