The Ukrainian crisis has revived an old debate, namely, how to effectively sanction a state like Russia? Let’s say it straight away: it is time to imagine a new type of sanction focused on the […]
Serious tensions overshadow EU-Africa Summit. EU states still refuse to lift vaccine patents. EU wants Africa as its hydrogen supplier. Read Here
Australia’s largest coal-fired power station will close seven years earlier than planned, as its operator says it is increasingly unable to compete with the “influx of renewables”. Read Here Photo: Nick Pitsas, CSIRO licensed under […]
The U.S. aim is to keep them from trading with China and Russia 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 […]
Marx was rather indifferent to the issue of inequality under capitalism Branko Milanović is an economist specialised in development and inequality. His newest book is “Capitalism, Alone: The Future of the System That Rules the […]
Britain’s model of ‘extractive capitalism’ – with a small elite securing an excessive slice of the economic cake – has created a two-century-long high-inequality, high-poverty cycle, one broken for only a brief period after the […]
This is a major unknown scandal. It reveals the insidiousness of the class system in UK companies and courts. Victims are not demanding that Royal Mail managers face prosecution. And the judges? Read Here
Is it Covid? Is it China? Is it supply chain disruption? Is it consumerism gone mad?
All central banks that issue a sovereign currency: They can never go broke and could operate without problems with permanent negative equity. They are not profit-seeking companies owned by shareholders. They are part of the […]
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