John Bellamy Foster explains the ‘solution’ master-minded by global finance to resolve the imminent environmental crisis: create a multi-quadrillion dollars’ worth of assets on the back of everything nature does and expropriate it from the […]
The economic doctrine promoted by the IMF after the fall of the Berlin Wall brought massive damage to the countries now at war. Prabhat Patnaik looks at how the role of the IMF was instrumental […]
James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out […]
Prabhat Patnaik reviews the connections between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap inputs to ‘the markets’. That […]
Mega-corporations are all set to walk away with the keys to global governance of food and agriculture at the UN Food Systems Summit later this year. Pat Mooney talks about what is at stake and […]
Corporations have stepped beyond lobbying governments. They are integrating in policy-making at the national and international levels. From agriculture to technology, decisions historically made by governments are increasingly made by secretive unaccountable bodies run by […]
Intellectual property like pharmaceutical patents is part of the story why so many people face a long wait for COVID-19 vaccines says Dean Baker discussing the high cost of policy choices that make the rich […]
Professor Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each and every EURO member
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