Several African countries depend on remittances sent by family members working in Europe or the US, especially in the aftermath of the pandemic. However, sending remittances to Africa has the highest cost in the world […]
There are a number of interesting points in this article. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from Dean Baker’s Beat The Press Blog One of […]
Progress for equality and the environment is only possible with public ownership of the major financial institutions and multi-nationals so that the world can be planned through democratic organisations for social objectives, not for profit […]
Once again, it is a question of profit over human lives. And as usual, profits come first. Dean Baker is a Senior Economist at the Center for Economic and Policy Research (CEPR) Cross-posted from Dean […]
Evidence shows pharmaceutical companies won’t stop price-gouging and risking American lives for financial gain in this time of crises – unless we force them. Lynn Parramore is Senior Research Analyst at the Institute for New […]
Big tech monopolies Microsoft, Apple, Alphabet, Amazon and Facebook now make up more than a fifth of the entire value of the S&P 500 stock market index. Read here
One of the apparent oddities of the current crisis is the fact that stock exchanges have not fallen as far as might be expected. Richard Murphy is Professor of Practice in International Political Economy, City […]
All hopes are pinned on the development of a COVID-19 vaccine. But there are going to be huge political challenges to overcome if and when an effective vaccine does become available Simon Rushton is Senior […]
Free market capitalism died over a 100 years ago and gave way to monopoly capitalism. Monopoly capitalism is now not even able to reproduce itself, let alone sustain the planet, common decency etc. But what […]
With the COVID-19 death toll rising, we should question the wisdom and morality of an IP system that silently condemns millions of human beings to suffering and death every year. Joe Stiglitz is Co-Chair, Commission […]
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