As in a Greek tragedy, the same features which neoliberal globalization extolled and that ensured its success for several decades led to its inevitable demise Branko Milanović is an economist specialised in development and inequality. [...]
The worst will never happen until it does. We live in a just-in-time society, whereas we used to live in a just-in-case one. Cross-posted from Aurelien’s substack “Trying to understand the world” Photo: National Archives [...]
The nature of imperialism is the unequal exchange of value, not a savings-consumption imbalance. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Robert’s Blog Photo licensed under [...]
Once again an antidote to the daily war propaganda we are being fed by Western state and corporate media of the Epstein Class Larry C. Johnson is a former CIA officer and intelligence analyst, and [...]
Oil-rich and with limited exposure to international money markets, both Iran and Russia know how to manage war/proxy-war with the political West. Ian Proud was a member of His Britannic Majesty’s Diplomatic Service from 1999 [...]
The primary mandate of central banks is to prevent price inflation, but interest rates are a blunt tool to achieve this. Alec Haglund joined Positive Money in 2024 as a Senior Researcher. Alec holds a [...]
Like in Hungary, a new party has emerged to dominate Bulgarian politics on an anti-corruption ticket, but it’s not clear that ‘Progressive Bulgaria’ has a serious reform agenda for the southern Balkans country. Dr Emilia [...]
France appears to be trying to re-position itself in Africa, but social movements want rid of ‘Francafrique’ for good. Cross-posted from Other News Picture by Rosss From May 11–12, 2026, Kenya is set to host [...]
Book Review by Branko Milanović Odd Arne Westad and Chen Jian’s The Great Transformation: China’s Road from Revolution to Reform is a book about how China transformed itself between the Great Leap Forward and the early [...]
