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Subjects Archives: Political Economy

Capitalism and Nature - A Really Inconvenient Truth

Capitalism and Nature – A really inconvenient truth

The balance of nature is not the same today as in Pleistocene times, but it is still there: a complex, precise, and highly integrated system of relationships between living things which cannot safely be ignored any more than the law of gravity can be defied with impunity by a [person] perched on the edge of […]

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A new global map of deforestation reveals 888,000 square miles (2.3 million square kilometers) lost between 2000 and 2012.

Epidemics and capitalism

The article seeks to re-emphasise that as capitalism exploits society and nature for its own expanded reproduction, it cannot but revolutionise the productive forces, in terms of science and technology. On the other hand, however, it also creates fetters to the realisation of the ­potential that it creates, by making it a slave to the logic […]

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Chart of the day

Chart of the day

A new report from the Institute for Policy Studies, “Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers,” reveals that the wealth of U.S. billionaires is indeed staying at home.

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People waiting for ration packets in New Delhi during India's national lockdown (Sanchit Khanna/Hindustan Times via Getty Images)

The pandemic and the global economy

Developing countries face collapsing international trade, falling remittances, sharp reversals of capital flows, and currency depreciation. Only bold policies—debt relief, international financing, planning, and more—will avert further catastrophe.

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