Subjects Archives: Political Economy

The document indicates that the villa was purchased by Zelenskyy’s mother-in-law in May 2023. According to the document, the price of the villa is 150,000,000 Egyptian pounds or approximately $4,850,000.

When class analysis is absent from discussions about systemic problems, issues like income inequality, access to resources, and power imbalances are often oversimplified or ignored.

AS SIGNIFICANT as the fact of BRICS expansion are which countries are now set to join: Iran, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia and Argentina.

Thomas Sankara, radical leader and martyr of Burkina Faso, understood that the problem of ecological destruction was rooted in capitalism and imperialism.

BRICS countries represent 40% of the world’s population and a quarter of the world’s economy, and the group is now considering a possible expansion to more than 20 other countries.

Despite the limitations of the BRICS project, it is clear that the increase in South-South trade and the development of Southern institutions (for development financing, for instance) challenges the neo-colonial system even if it does not immediately transcend it.

Of late however there has been a popular anti-imperialist upsurge in several countries of Francophone Africa. In Guinea, Mali, Chad and Burkina Faso, new anti-imperialist governments have come to power in the last couple of years that want French troops out of their countries; and in Mali they have even succeeded in getting French troops out.

Basically the problem is that our whole planet has been gamified. All the Earth’s life, resources and geography have been folded into this sick game where people commodify them into points called money, for no other reason than to score as many points as possible.

The World Bank plans to use public funds to subsidize private finance, ostensibly to mobilize much more capital to address the climate crisis. But the new plan is not the solution it purports to be.

Colombian President Gustavo Petro has shared an analysis on the current situation of the cocaine market structure, warning that this illicit business has moved to Ecuador after its collapse in the U.S. due to the fentanyl boom.

CounterSpin interview with Teddy Ostrow on UPS/Teamsters agreement.

As part of negotiations for Saudi Arabia to recognize Israel, the United States is demanding that Riyadh keep pricing its oil in dollars, not China’s renminbi or other currencies.

Since the overthrow of Niger’s U.S.-friendly government, West African nations of the ECOWAS bloc have threatened an invasion of their neighbor. Before leading the charge for intervention, ECOWAS chair Bola Tinubu spent years laundering millions for heroin dealers in Chicago, and has since been ensnared in numerous corruption scandals.

In the different countries of the world, capitalism is shaped and consolidated not only by the general logic of this mode of production, but also by the social, historical, and cultural conditions of each country. The way each country and region understand the forms of accumulation and expansion of capitalism is fundamental to the class struggle.

REVIEW OF ISABELLE GARO’S “COMMUNISM AND STRATEGY”

MANY economists have been advocating a universal basic income for India, an idea that was mooted even in the official Economic Survey for 2016-17.

We are excited to rerelease our inaugural episode of Money on the Left alongside a brand new transcript. In our inaugural episode, we consider the recent resurgence of full employment politics in the United States from both a political and historical perspective with historian David Stein (@davidpstein).

ON April 3 this year, the minister of state for planning, Rao Inderjeet Singh, said in the Rajya Sabha that the government had no data after 2011-12 for estimating poverty, and therefore had no idea how many people had been lifted out of poverty since then.

The most recent report from the Food and Agriculture Organization of the United Nations (FAO) has revealed positive news for Venezuela.

While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply.