Prior to the pandemic, capital used to move seamlessly, while workers didn’t. Now, this trend could be reversed Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The […]
Capitalist have become accustomed to being bailed out by the nanny state, thus they have no fear of risks any more. Michael Roberts is an Economist in the City of London and a prolific blogger […]
Nasir Aminu, Cardiff Metropolitan University The Russian assault on Kyiv and other Ukrainian cities has intensified uncertainty in the world economy. To condemn Putin’s war, western leaders announced some restrictive economic measures to target Russian […]
Western unity is back. When Western Europe returns to “the West”, the European Union is reduced to a geo-economic support service provider for the benefit of NATO, i.e. the United States. Wolfgang Streeck is the […]
This is an important development in the discussion concerning solutions for the climate crisis Timothée Parrique holds a PhD in economics from the Centre d’Études et de Recherches sur le Développement (University of Clermont Auvergne, France) and […]
An attempt to explain how and why things have developed in the Russian invasion of Ukraine Patrick Cockburn is the author of War in the Age of Trump (Verso) Cross-posted from Counterpunch Photograph Source: ZomBear – […]
IPCC reports are becoming a parody of themselves: unpolitical, always still hope when we meet 1.5 degree warming (that is dead as a doornail). Fact is, little is happening – if anything – to stop […]
Despite our belief in the West in our enlightened thinking, that is nothing more than our subjective perception (full of hypocrisy). Just as important is our perception of the other. Branko Milanović is an economist […]
This is a much debated question and there is little empirical evidence, as made possible due to the unusual circumstances. Read Here Photo: flickr licensed under the Creative Commons Attribution 2.0 Generic
Trade sanctions almost always have unintended consequences and, often, they can backfire spectacularly. Read Here
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