Subjects Archives: Political Economy

Since the beginning of the process of colonization and conquest of the territories that are commonly called the United States, the idea of it being ​​the land of abundance and opportunity has been promoted.

BRICS—initially founded by Brazil, Russia, India, China, and South Africa and now joined by Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates—is a coalition mainly of Global South countries. It is a counter to the G7 and NATO that offers an alternative to U.S. imperialist policies.

China’s GDP growth of 5.0% in 2024 meant it successfully hit its GDP goal of “about 5.0%” for the year. More significantly for China’s strategic economic development, Figure 1 shows that it means its economic growth continues to be ahead of the target discussed at the time of the adoption of the 14th Five Year Plan of doubling GDP between 2020 and 2035.

“Can Trump’s Second Act Work for the Working Class While Giving Back to His Super Donors?” asks NPR.com

Communards living by the Orinoco River talk about the impact of U.S. sanctions on their work and lives.

The immediate task for Canada should be to delink from the United States and the American Empire.

Money on the Left speaks with Edward Jones Corredera, author of Odious Debt: Bankruptcy, International Law, and the Making of Latin America (Oxford University Press, 2024). What are fallen tyrants owed? What makes debt illegitimate? And when is bankruptcy moral? Odious Debt shows how Latin American nations have wrestled with the morality of indebtedness and insolvency since their foundation, and outlines how Latin America’s forgotten history of contestation can shed new light on seemingly intractable contemporary dilemmas.

2025 started off with many a bang.

These closures are a cruel, anti-democratic attack on all workers that demand a strong response from unions across Canada.

We need to build our own resilience against the increasingly unpredictable acts of our belligerent neighbours to the south.

Ocean temperatures were rising at a rate of 0.06 °C per decade, whereas now they are increasing by 0.27 °C every ten years.

It’s not a secret that Elon Musk embraces fascist and reactionary political movements.

If anyone still doubts that the United States is the center of an empire, the show put on by the New York tycoon dispels all doubts.

Human societies are setting themselves on a collision course with climate-induced catastrophes. Lithium-ion batteries will soon be facing competition. How to deal with x and the conflicts it creates?

The collective net worth of Trump’s top appointees is reportedly estimated to exceed $460 billion, including Elon Musk’s $400 billion net worth.

A CHORUS of “establishment” voices, from consultancy firms to the financial press, has been demanding a boost to domestic consumption as a means of reviving the flagging growth rate of the Indian economy. The latest to join this chorus is the Reserve Bank of India which in its latest Bulletin has asked for a boost to consumption to “rekindle the animal spirits” of the “entrepreneurs” in the economy.

The U.S. sees the emergence of China and other Asian countries as a ‘fierce competition’. For the Global South, however, these developments bring new opportunities to pursue sovereign development.

In this republished essay from 2017, John Bellamy Foster discusses how U.S. neofascism in certain ways resembles the classical fascism of Italy and Germany in the 1920s and ’30s, but with historically distinct features specific to the political economy and culture of the United States in the opening decades of the twenty-first century.

A popular coal-miner’s riddle from the 1930s summarizes one of capitalism’s most visible and absurd contradictions. After a daughter asks her father why their home is so cold, he tells her they don’t have any money to purchase coal.

Alternative Title: “For Beginners and the Forgetful: Capitalism, Imperialism, and Their Historical Cycles, and the Inevitability of a Global Redistribution War Led by the U.S.”