Global Research | 2 June 2015 What is the current state of the economy around the world? Many analysts warn of yet another global economic crisis as well as the decline of the U.S. dollar. Some are suggesting that Russia and China are paving the way for a new gold-backed currency. Meanwhile Africa still falls…
Mises.org | May 15, 2015 GDP purports to measure economic activity while largely divorcing itself from the quality, profitability, depth, breadth, improvement, advancement, and rationalization of goods and services provided. For example, even if a ship — built at great expense — cruised without passengers, fished without success, or ferried without cargo; it nevertheless contributed…
James Petras | 21 April 2015 Introduction: For many decades, mainstream social scientists, mostly conservative, have argued that political commitments and scientific research are incompatible. Against this current of opinion, others, mostly politically engaged social scientists, have argued that scientific research and political commitment are not contradictory. In this essay I will argue in favor…
Prof William I. Robinson | Global Research | April 21, 2015 The world capitalist system is arguably experiencing the worst crisis in its 500 year history. World capitalism has experienced a profound restructuring through globalisation over the past few decades and has been transformed in ways that make it fundamentally distinct from its earlier incarnations. Similarly,…
NZ Herald | 21 April 2015 Last Friday one of the final acts in the long-running saga of the Trans-Pacific Partnership agreement began playing out in Washington DC. It may either be its salvation or its death knell. At present, odds are on the latter. The Obama Administration tabled a bill in Congress to give…
Mises.org | March 27, 2015 Brazil’s recession is looming while inflation is on the rise All Keynesian roads lead to stagflation. That was the case in Europe and in the United States in the 1970s when both stagnation and inflation hit the economies at the same time. Currently, this is the case in Brazil. Since…
James Petras | VNN | 22 March 2015 Their political cowardice is structural and leads to easy moral betrayals: they plead, ‘Crisis is not a time to tinker with the system’. Introduction Over the past year, what appeared as hopeful signs, that Left governments were emerging as powerful alternatives to right-wing pro-US regimes, is turning…
Washington’s Blog | 20 March 2015 Financial Experts: World War Looms … Unless We Stop It The Economist argues that there are ominous parallels between the conditions which led to the first world war and today: The United States is Britain, the superpower on the wane, unable to guarantee global security. Its main trading partner,…
The Bullet | 16 March 2015 Over four years since mass uprisings ousted sclerotic regimes in Tunisia and Egypt, it can seem that the initial hopes represented by these movements lie in tatters. Libya, Syria, Yemen and Iraq remain mired in bloody armed conflicts that have led to the deaths of hundreds of thousands and…
Washington’s Blog | 17 March 2015 UK, Australia, New Zealand, Singapore and India All Sign On … South Korea Next? Update: The Financial Times now reports that France, Germany and Italy have all agreed to join the China-led international development bank as well, “delivering a blow to US efforts to keep leading western countries out…