Subjects Archives: Political Economy

Criminologist Andrés Antillano examines a high-profile security operation to neutralize criminal activity in the Cota 905 district in July.

If the U.S. wants to be a world leader, it has to match China in investing in knowledge generation for future technology. Why then is the U.S. taking the sanctions route? Sanctions are simpler to implement; building a society that values knowledge is much more difficult. This is the crisis of late capitalism.

Economists typically use GDP per capita to assess how rich a country is. It is basically a measure of the average income per person. If journalists cared to be at all precise when they say that Venezuela had once been “rich,” then that’s a statistic they’d cite.

Criminologist Andrés Antillano looks at the causes of the transformation of Venezuela’s gangs.

This article summarizes the manuscript, “The Two-Employer Problem: Strategic Dilemmas at the Heart of the Tipped Wage Debate,” a co-winner of the 2021 Albert Szymanski-T.R. Young/Critical Sociology Marxist Sociology Graduate Student Paper Award.

Instead of a health system striving to provide universal healthcare, a fragmented, profit-driven market ‘non-system’ has emerged. The 1980s’ neo-liberal counter-revolution against the historic 1978 Alma-Ata Declaration is responsible.

Another leak of the UN report warns that the only known way to avert climate breakdown is to avoid any model which is based on perpetual growth.

According to an Economic Policy Institute report, between 28 and 47 percent of U.S. private sector workers are subject to noncompete agreements.

Hello and welcome. I’m Lynn Fries producer of Global Political Economy or GPEnewsdocs. Today’s guest is Prabhat Patnaik. He is talking about his read on the history of capitalism that he breaks up into 5 periods from colonialism into the present.

Despite the announcements from the Turkish president Recep Tayyip Erdoğan that “everything is under control”, Turkey is experiencing one of the deepest crises in recent years. A conversation with Hasan Durkal.

The UN-sponsored Intergovernmental Panel on Climate Change (IPCC) recently released its latest comprehensive report on the state of the earth’s climate. The much-anticipated report dominated the headlines for a few days in early August, then quickly disappeared amidst the latest news from Afghanistan, the fourth wave of Covid-19 infections in the US, and all the latest political rumblings.

For any working period—whether it be a day, an hour, or five minutes—part of the period is “necessary labor” and another part is “surplus labor.”

Bourgeois pundits are alarmed by the Chinese government’s latest regulatory changes. A Wall Street Journal headline is typical: “China’s corporate crackdown is just getting started. Signs point to more tumult ahead.”

Joe Biden’s response to the earthquake was to put war hawk Samantha Power, who now heads USAID, in charge of U.S. relief efforts in Haiti.

Decades of public health cuts have quietly taken a huge human toll, now even more pronounced with the pandemic. Austerity programmes, by the International Monetary Fund (IMF) and World Bank, have forced countries to cut public spending, including health provisioning.

Just as a household cannot “live beyond its means” forever, and sooner or later its creditors not only stop giving loans but take away the assets of the household for defaulting on loan repayment, likewise, the State cannot “live beyond its means” forever and go on borrowing ad infinitum; sooner or later its creditors stop giving loans and even attach its assets.

The sixth report from the Intergovernmental Panel on Climate Change (IPCC) runs to nearly 4,000 pages. The IPCC has tried to summarise its report as the ‘final opportunity’ to avoid climate catastrophe.

In honor of Fidel Castro’s birthday, Vijay Prashad writes about his legacy for the peoples of the Third World and his clarity in raising the primary crises facing humanity.

The question of economic growth and its relation to the climate crisis is a subject of increasing discussion. Here we offer a Marxist view on this critical issue for the environmental movement.

The perfect storm of COVID-19 and climate change, and the resulting economic damage, will most likely trigger much more social and political instability. Although substantially increased international cooperation can still avert this nightmarish scenario, the current state of global politics provides few grounds for optimism.