The latest data show that in the US nearly 20% of all firms are in the ‘zombie’ category, while in Europe it is as high as 40%. While these firms remain, they keep average profitability […]
Intellectual framing of free markets and limited government appeals strongly to the rich, incumbent businesses, and those inclined to populist resentment – and not so much to anybody else Brink Lindsey is a vice president […]
According to Mujica, this pandemic has brought out the worst side of humanity by accentuating the selfishness of rich countries and laying bare the lack of solidarity between people. He says that the middle classes, […]
Neoliberalism is dying, with the radical left and the far-right as only contenders to bring about another system, says Alternative Nobel Prize winner, sociology professor Walden Bello at the recent climate conference on the context […]
Why China is anathema to the USA Michael Hudson is the author of Killing the Host (published in e-format by CounterPunch Books and in print by Islet). His new book is J is For Junk Economics. Cross-posted […]
Nicola Sturgeon has announced that Scots would not get a vote on whether to join the EU in an independent state. We would join subject to negotiations between elites in Edinburgh and Brussels, with no […]
While UK governments have refrained from intervening in the private sector, they enable ever greater business access to public authority and revenue. Successive policies have led to corporate state capture. Abby Innes is an Assistant […]
Through his hallowed foundation, the world’s de facto public health czar has been a stalwart defender of monopoly medicine. Read here
A court in Amsterdam has ordered Uber, the ride-hail platform, to re-instate six drivers and pay compensation, on the basis that they were wrongly fired because the decision was made automatically by the company’s algorithm. […]
If there is a new ‘consensus’ on international lending and economic support by multi-national agencies it sits on the surface of talking; when the walking begins, nothing has really changed. Michael Roberts is an Economist […]
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