Globalization went from being a means for national economic prosperity to becoming the end — with national domestic priorities having to adjust to globalization’s needs instead of vice versa.
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Economics
DeStatis – Germany: Manufacturing in November 2022: new orders down 11% year on year
This is not good news for a mercantilist nation: Real (price adjusted) new orders in manufacturing decreased by 5.3% on a seasonally and calendar adjusted basis in November 2022 compared with October 2022, according to […]
Uncategorized
Branko Milanovic: Dutiful dirges of Davos
Davos: “They are loath to pay a living wage, but they will fund a philharmonic orchestra. They will ban unions, but they will organize a workshop on transparency in government.” Read here
Climate Crisis
Visual Capitalist: Visualizing the Accumulation of Human-Made Mass on Earth
The material dimensions of capitalism are staggering. In 2020, the amount of human-made mass exceeded for the first time the dry weight of all life on Earth. Its current increase corresponds to each person on […]
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