Subjects Archives: Political Economy

As rich countries raise interest rates in double-edged efforts to address inflation, developing countries are struggling to cope with slowdowns, inflation, higher interest rates and other costs, plus growing debt distress.

Developed countries use 3.5% of their income to pay interest on their debt, while developing ones must use 14%, which complicates their situation.

A country at risk: the underlying reasons for the assassination attempt against Cristina Kirchner.

Yves here. There have been a lot of suggestions about how to improve the Biden student debt forgiveness plan.

ECONOMISTS distinguish between two kinds of inflation: “demand-pull” and “cost-push”.

In November 2022, most member states of the United Nations (UN) will gather in the Egyptian resort city of Sharm El Sheikh for the annual UN Climate Change Conference.

McGuire: Around 2.4 trillion tons of carbon dioxide has been released into the atmosphere in the last couple of centuries. This is acting as a blanket, keeping in heat that would otherwise head off into space.

SYDNEY and KUALA LUMPUR, Aug 30 2022 (IPS) – Most sub-Saharan African French colonies got formal independence in the 1960s. But their economies have progressed little, leaving most people in poverty, and generally worse off than in other post-colonial African economies. 

In no time after the retreat from Afghanistan, NATO is already immersed in another proxy war in Europe, and the alliance, at U.S. behest, is lurching toward the Arctic to counter Russia and China’s “big plans for the polar region.”

Marx’s Capital ​after 150 Years: Critique and Alternative to Capitalism.

GOP war hawks slam Biden initiative for “undermining” Pentagon efforts to prey on desperate young people.

The Biden administration announcement of so-called student loan debt relief does little to alleviate the problem it claims to solve.

The basic justification of every policy of the West is the ideology of ecumenism the West is projecting, full of complacency and arrogance. However, it is a false ecumenism, as it corresponds only to the narrow interests of the Western ruling classes, not the interests of humanity, writes Valdai Club expert Dimitris Konstantakopoulos. This article was written as a follow-up to the author’s presentation at the expert discussion “The Global Ideological and Spiritual Landscape and Russia’s Place on the New Values Map of the World”.

Industrialist Barre Seid funded a new dark money group run by Trump judicial adviser Leonard Leo, who helped eliminate federal abortion rights.

Among other problematic issues, the so-called climate provisions of the Inflation Reduction Act allow for more oil drilling on federal lands. Greenwashing and Democratic party duplicity are nothing to celebrate for Black and Indigenous communities.

‘Time to call a spade a spade ….’

Luxury cruises are an expression of capitalism’s worst instincts.

In March 2022, UN Secretary-General Antonio Guterres warned of a “hurricane of hunger and a meltdown of the global food system” in the wake of the crisis in Ukraine.

The story of the Visakhapatnam Steel Plant is not only a story about its workers. Their resistance, aspirations, and victories are part of a wider canvas that is interwoven with struggles to defend the public sector, confrontations with neoliberalism, and the fight to carry out a national modernisation project. Each collage in this dossier combines […]

Sanctions against Russia and Europe’s worst drought in 500 years are amplifying the energy crisis in countries such as Italy, France, and Germany.