Subjects Archives: Political Economy

I was surprised today when I listened to the speech delivered by Jose Miguel Insulza in Cartagena. I thought that the person who was speaking on behalf of the OAS would at least claim some respect for the sovereignty of the peoples of this hemisphere which were for years colonized and cruelly exploited by colonial […]

The search for the political truth will always be a difficult task even in our times, when science has placed in our hands a huge amount of knowledge. One of the most important was the possibility to know and study the fabulous power of the energy contained in matter. The person who discovered that energy […]

  Spring 2012.  Merkel and Sarkozy rush from summit meeting to summit meeting, in order to save the euro.  The yellow press smears the people of Greece.  The struggle over a solution to the crisis is intensifying dramatically: by early 2013, an authoritarian-neoliberal alliance of business lobby groups, the financial industry, the EU Commission, the […]

Terror, political persecution, arbitrary detention, and militarization have long dominated Colombia.  State-mediated killings now run into the tens of thousands.  More than four million rural inhabitants have been displaced from sustenance-providing land.  In the face of seemingly endless suffering, however, there is now a better chance for peace in Colombia. Having recently announced that its […]

This Reflection could be written today, tomorrow or any other day without the risk of being mistaken. Our species faces new problems. When 20 years ago I stated at the United Nations Conference on the Environment and Development in Rio de Janeiro that a species was in danger of extinction, I had fewer reasons than […]

Eneko Las Heras, born in Caracas in 1963, is a cartoonist based in Spain. | Print

Berlin and its surroundings have had plenty to keep it occupied: an airline strike, a short strike of the bus, streetcar, and subway lines, the euro crisis, and price increases.  Or, on the happier side, warmer weather and the film Berlinale, with visits by many stars and an interesting, international mix of films often by […]

Sasha Lilley: Protests against Wall Street have inspired many people to move their money from big banks to smaller banks and credit unions and encourage others to do the same.  Why might you be skeptical of this effort? Doug Henwood: There are several reasons.  First of all, I think a lot of the big banks […]

In circles close to the former Zapatero administration, attempts have been made to represent former Prime Minister Zapatero as the politician who “sacrificed himself to save Spain,” comparing him to former German Chancellor Schröder who, though aware that he would antagonize his electoral base with his clearly neoliberal policies, went ahead with them, for he […]

A young veteran was just arrested for murdering homeless people in Los Angeles.  Regardless whether he is actually guilty, a large number of terrible acts have been committed by returning veterans traumatized from the war.  None of the studies of which I’m aware accounts for such costs (including the cost of imprisoning them) in the […]

The Great Depression of the 1930s saw the outbreak of a multitude of radical social movements on the Left and on the Right — or ones that were simply sui generis like the “Share Our Wealth” campaign launched by the fiery Louisiana populist politician Huey P. Long, Jr.  Long came from a poor pinewoods parish […]

It is not a matter of being optimistic or pessimistic, knowing or not knowing elementary things, of being responsible or not for events. Those who would like to be thought of as politicians should be thrown onto the trash heap of history when, as the norm goes, they have no idea about everything or almost […]

Like the Grinch who stole Christmas, the Conservative government of Canada’s Prime Minister Stephen Harper has just left a lump of coal in Canadian workers’ stockings.  A cover story in the Globe and Mail of December 22, 2011 announces that federal public pension programs are being targeted for cuts to reduce the federal deficit.1  The […]

In a 1956 interview with Anna Louise Strong, Mao described American imperialism as a paper tiger.  Of course, the military strength of the United States is unparalleled, especially because this country accounts for about half of worldwide military spending.  Even so, the last three significant wars have shown that the country has been unable to […]

  Amy Sonnie and James Tracy.  Hillbilly Nationalists, Urban Race Rebels, and Black Power.  New York: Melville House Printing, 2011.  ix-201 pp.  $16.95 (paperback). Most current academic discussion of radical movements populated by whites is devoted to understanding ultra-right movements based largely on demands for less government intervention and nostalgia for a lost time in […]

When Steve Miller, the vulture capitalist who drove Delphi into the ditch of America’s dreams, declared, “Bankruptcy is a growth industry,” he was smiling, but he wasn’t joking. Bankruptcy in the US isn’t a sign of economic distress or mismanagement.  It’s a business plan — calculated, cunning, and void of redeeming social value.  American Airlines […]

As the Occupy movement keeps developing, it seeks solutions for the economic and political dysfunctions it exposes and opposes.  For many, the capitalist economic system itself is the basic problem.  They want change to another system, but not to the traditional socialist alternative (e.g., USSR or China).  That system too seems to require basic change. […]

Who controls capital, and what does capital control?  The concept of “capital” in this context must be corporate enterprise.  By this metric the commanding heights of capital in the United States would be the Fortune 500 or 1,000, perhaps a thousand or so more, with an array of satellite firms numbering in the tens of […]

Cory McCray, Founder of the Young Trade Unionists, and George Hendricks, Baltimore Teachers Union (BTU) Rep and Vice President of the Young Trade Unionists (YTU) If you head down to the IBEW Local 24 Union Hall Auditorium on W. Patapsco Avenue in Baltimore on the first Tuesday of any month, you’ll encounter a meeting of […]

On November 6th, thousands of protesters staged a colorful encirclement of the White House in Washington D.C., protesting against the Keystone XL pipeline project and against expansion in extraction of tar sands oil.  Within just four days after this bold direct action, Obama ordered a thorough review of the pipeline plan and suspended decision-making on […]