Subjects Archives: Political Economy

The past year has brought into sharp relief the significant differences between China and the rest of the world.

In one of his last interviews before traveling to Bolivia—the return to his homeland is scheduled for November 9—Evo Morales stated his opinion on the United States elections, where there is still no confirmation on who will be the next president.

We face a multifacited labor crisis. One of the most important aspects of this crisis is the U.S. economy’s diminishing capacity to provide employment. This development is highlighted in the chart below, which shows the trend in civilian employment over the last thirty years. Civilian employment includes all individuals who worked at least one hour for […]

The tragedy being the suffering Latin America has borne, the optimism being in the recognition that this is not the region’s natural or inevitable destiny, but has been imposed on it through its subjugation to the capitalist system, and is therefore capable of being changed.

India is being pushed toward a de facto unitary state, with states being kept totally out of the loop in decision-making, as seen in the new agricultural laws, goods and services tax compensation, Jammu and Kashmir bifurcation and new National Education Policy.

The new U.S. financed counter-revolution hopes to manipulate sensitive issues and create the conditions for a social confrontation, for conflict and destabilization of the country.

Over the past four decades or so, various leftists have become more sensitive to the environmental degradation in developed and developing capitalist societies and post-revolutionary societies, particularly in the former Soviet Union and, in recent times, China.

Let’s give credit where it’s due: After experiencing decades of neoliberal austerity and serving for nearly as long as pawns in tiresome culture wars, public higher education workers know all too well how the money works on our campuses and in our states. Students and alumni are the major sources of revenue; graduate workers and […]

Over the centuries, humans have survived tragedy through the incredible stoicism of not moving, of standing one’s ground, of resisting, of engaging in tremendous creativity. Perhaps we can use the time alone to think collectively, to reflect together on how we might reconstruct the public realm of our cities.

A seam of cruelty runs through U.S. policy, which by its sanctions regime prevents Venezuela from open trade of its oil to import key medical equipment to help break the chain of the virus and heal those infected by it.

WEALTH distribution data are notoriously difficult to interpret. This is because variations in stock prices affect wealth distribution, so that a stock market boom suddenly makes the rich appear much richer, while a stock market collapse makes wealth distribution less unequal overnight.

With phrases like “protect the vulnerable” & “underlying conditions” currently all around us, disability activist Ruth Flood looks at the horrendous treatment of disabled people under capitalism.

According to the IMF, about half of Low Income Economies (LIEs) are now in danger of debt default.  ‘Emerging market’ debt to GDP has increased from 40% to 60% in this crisis.

But where did Marx’s critique of mainstream economics come from? It certainly did not emerge in one fell swoop, as a ready-made theory of capitalism. And it wasn’t produced in isolation, independently of the society within which it was first produced and then further elaborated.

Colonial timber management and capitalist land use has produced the wildfire crisis we see today. Prescribed Indigenous burning is a viable preventative solution to high severity wildfire but its success hinges on the fight by Indigenous socialists and grassroots organizers for Tribal sovereignty, land restitution, and the creation of a new prescribed fire workforce.

Any day now, Zambia will be the first African country to slip into a private debt default. It can only pay interest on the $3 billion in dollar-denominated bonds if it totally ignores the needs of the Zambian people.

The development in 1909, by the German chemists Fritz Haber and Carl Bosch of a technique for taking Nitrogen out of the atmosphere to produce ammonia (NH3) allowed for the production of synthetic fertilisers (and explosives) on an industrial scale.

What is at stake when we talk about the economics of North American slavery? Over the last 75+ years it has been whether capitalism superseded slavery or whether capitalism and slavery were co-constituted, capitalism to some extent relying on slavery.

He’s turned it into a political propaganda unit to the point that it is unable to deal even with a major outbreak within our own borders. The U.S. is beginning to exhibit the features of a failed nation state.

ALL conscious citizens know the state of the Bangladesh environment. Bangladesh’s courts of law regularly rule in favour of the environment.