Subjects Archives: Political Economy

Europe’s predicament today is thus no different from that of America.

Tech billionaires and the Trump administration, with the apparent support of most of the capitalist class, are betting big on artificial intelligence (AI). In fact, AI investments have become the primary driver of US economic growth. But this is a losing bet for us. The AI boom is not sustainable. And because it is delivering […]

Tech billionaires and the Trump administration, with the apparent support of most of the capitalist class, are betting big on artificial intelligence (AI). In fact, AI investments havebecome the primary driver of U.S. economic growth.

As capitalism lurches from crisis to crisis, more and more workers are ‘superexploited’ – they receive less than the minimum deemed ‘socially necessary’ to support themselves and produce the next generation of workers, writes the Marx Memorial Library and Workers’ School.

President Vladimir Putin has given instructions to accept the Trump Administration’s demand that in exchange for lifting sanctions against Russia, U.S. capital must return to Russia on preferential terms as soon as possible.

In February 2026, the Dow Jones Industrial Average crossed 50,000. Television anchors called it strength.

The kidnapping of Venezuelan president Nicolás Maduro and his wife, Cilia Flores, at the hands of U.S. imperialism marks a new and extremely serious escalation in the sustained aggression against Venezuela’s sovereignty. Far from being an isolated or exceptional event, this episode is part of a prolonged offensive that combines economic and financial warfare, political […]

Mexico confirms the arrival of its first humanitarian aid shipment to Cuba, as 1,650 more tons of supplies await transport amid U.S. sanctions.

In this episode, we speak with Tyler Creighton about the ongoing struggle to save the Consumer Financial Protection Bureau (CFPB) from defunding and closure at the hands of Russell Vought in the second Trump Administration. Creighton is a lawyer at the CFPB and a member of the National Treasury Employees Union (NTEU), Chapter 335.

Many economists claim trade liberalisation accelerates development. But only a few economies have gained many jobs. Most have experienced greater vulnerability, industrialization and food insecurity.

Chinese regulators have advised major banks to reduce their exposure to U.S. Treasuries, citing market volatility and risk concentration.

The gold price against the U.S. dollar is back above $5000 per oz after its recent short sharp contraction last week. 

The news emerged in Israeli media outlets amid a lawsuit filed by members of Kibbutz Hanita against Ballet Vision, a Chinese-controlled fund that holds an 80% stake in Hanita Lenses, an intraocular lens manufacturing plant located in the northern part of the occupied lands near the Lebanese border.

The most pressing problems of the Indian economy at present are: the phenomenal rise in economic inequality, whose magnitude now is higher than at any time during the last one hundred years; the massive increase in absolute poverty as initially defined by the Planning Commission by taking into account a daily calorie-intake norm; and the enormous increase in unemployment which now even afflicts a vast chunk of the country’s educated youth.

The 2020s have been “a good decade for billionaires”, according to Oxfam’s annual report on global wealth inequality.

The global number of migrants has nearly doubled in the past thirty-five years, underscoring rising inequality and the imposed underdevelopment of the Global South.

In a recent editorial, the Washington Post characterized Canadian Prime Minister Mark Carney’s diplomatic mission to Beijing as a “shortsighted” attempt to “troll” President Donald Trump. The critique suggests that Canada is blurring the line between pragmatism and naiveté, trading long-term security for a “show” of strategic partnership with a “dictator.” According to this view, […]

Amid all the bombast and threats over Greenland in his Davos speech, U.S. President Trump made a series of boasts about the success of the U.S. economy, which was, of course, down to him.

India’s liberalisation beginning in the 1990s has led to a steady decline in manufacturing. To reverse this trend and expand productive employment, industrial policy must address structural issues of dependence and inequality.

Michael Parenti, the Marxist author and scholar, died on January 24, 2026 at the age of ninety-two. This article originally appeared in Monthly Review 45, no. 5 (October 1993). It has been frequently noted that IQ examinations, while professing to measure innate intelligence, are riddled with racial, gender, and class biases. Thus a low-income, inner-city youth, […]