Spain’s coalition between PSOE and Unidas Podemos gambled on rowing back austerity measures in a period of relative calm – but now, facing a historic recession, its forces find themselves increasingly at odds.
The classic question in economics is: If capitalists pay their workers too little, who is going to buy the capitalists’ products. Here is the answer. The same workers, who have to borrow from the banks, […]
In 1945 Karl Polanyi outlined a vision of a peacetime global state system with a political economy in which small countries could be both sovereign and democratic. The present essay reviews developments between then and […]
Advocates for climate action celebrated Friday after the Supreme Court of the Netherlands upheld a landmark ruling that found the Dutch government is obligated under international human rights law to more ambitiously reduce greenhouse gas […]