Subjects Archives: Political Economy

The ruthless pursuit of profit lies behind the tragedy of Palestine as much as the global warming crisis. We should resist it resolutely, writes climate activist MAIR BAIN.

Zoomers and millennials want to turn low-wage retail and service sector jobs into stable, good-paying union jobs.

Recent years have seen renewed debate on climate strategy on the left. Here, Kai Heron responds to the arguments of the proponents of a left ecomodernism, and argues that it risks reactionary political consequences.

Insulated from popular discontent, independent central banks have free reign to undermine workers’ rights and further the neoliberal agenda, argues John Clarke.

President Biden announced the grant, part of the massive $280 billion CHIPS Act, on March 20 in Arizona.

Money on the Left speaks with Pavlina Tcherneva, Professor of Economics at Bard College and leading scholar of–-and advocate for—Modern Monetary Theory (MMT). Many of our listeners will be familiar with Dr. Tcherneva’s contributions to MMT, especially her book, The Case for a Job Guarantee (Polity Press, 2020). We speak with Pavlina about her work, and also get her perspective on the causes and conditions of MMT’s movement from the margins of economic discourse toward the mainstream of political economic thought. 

Electoral politics and compromises won’t save the climate or stop the far right.

Shortly before his death, in a series of writings, Samir Amin unfolded the two issues that mainly concerned him. The first was China’s refusal to succumb to financial globalization, that is, to the totalitarian power of global financial capital; the second was the need to build a “Fifth International.”

Rent control has been around for as long as the landlord. Since antiquity it has served as a tool for limiting land speculation, especially during economic shocks. In Rome, beginning in 40 B.C.E., in the wake of civil war, a debt crisis, and political turmoil, the government instituted a temporary rent cap and a cancellation of rent for one year.

As the Coast Guard ends its search for six missing construction workers, the U.S. laments over preventable deaths.

At present Chinese stocks are depressed so several analysts see them as good value on fundamentals such as share price to earnings and return on equity ratios.

CounterSpin interview with Evlondo Cooper on climate coverage.

On January 6, 171 Boeing 737 Max 9 aircraft were grounded after a door plug blew from one of the planes’ fuselages over Oregon during an Alaska Airlines flight.

On February 15, 2024, a five-judge Constitutional Bench of the Supreme Court of India declared in a unanimous verdict that the electoral bond scheme of anonymous corporate donations to political parties was unconstitutional.

Isaac Cordal is sympathetic toward his little people and you can empathize with their situations, their leisure time, their waiting for buses and even their more tragic moments such as accidental death, suicide or family funerals. The sculptures can be found in gutters, on top of buildings, on top of bus shelters; in many unusual and unlikely places.

New York State’s Emergency Tenant Protection Act of 1974 permits the regulation of residential rents  (“rent stabilization”) on the declaration of a housing emergency in New York City when the vacancy rate falls below 5%, or by similar declarations in municipalities in the suburban New York City counties of Nassau, Westchester and Rockland.

In the 1950s, a system of corporate courts was created to allow Western businesses to sue the Global South for threatening their profits—and now fossil fuel giants are using it to stop any country from fighting the climate crisis.

A study by the Urban Institute (UI) in 2018, before the pandemic struck, found that nearly 40 per cent of non-elderly adults and their families struggled to afford at least one basic need for health care, housing, utilities or food in 2017.

Poverty in short had increased significantly between 2011-12 and 2017-18. After 2017-18 we have had a pandemic, and a lockdown induced by it, from which the economy is just recovering, though unemployment today is higher than before the pandemic.

Government officials said that they were interested in killing only “terrorists”. But the “terrorists” were supported by most of the population, whom the authorities in fact considered collaborators and fair game.