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 […]
Is it Covid? Is it China? Is it supply chain disruption? Is it consumerism gone mad?
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While international finance ensures the stability of the Egyptian energy system, it is also radically transforming a basic service into a commodity – and is often the first and the last voice shaping Egypt’s social […]
Ukraine is politically and economically a basket case, controlled by a corrupt oligarchy solely interested in extracting wealth and a political class keen on getting the crumbs that fall from that table. The only thing […]
University leaders have ‘failed staff and students’, UCU said today as up to ten days of strike action began at universities across the UK over devastating cuts to pensions and deteriorating pay & working conditions. […]
By announcing forthcoming interest-rate hikes at a time when total US employment is still below its 2019 level, the Federal Reserve war on “inflation” is really a war on American workers. James K. Glbraith is […]
Patrick Kaczmarczyk’s book in German “Kampf der Nationen” (“Clash of Nations) appeared this week in Westend-Verlag . This is a short introduction by Patrick that vividly shows that competition of nations is a truly absurd […]
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