Category: Labor / Economics
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Trainer, between Heinberg and Hudson: The rentier connection and the biosphere polycrisis
Despite several decades of critiques, analyses, and urgent calls for reform, there has been little progress in solving the multiple environmental crises, or in deflecting their negative effects. With some notable exceptions, previous efforts have largely ignored or soft-pedaled the role of the global economic system in driving environmental collapse. Economist Michael Hudson’s Killing the…
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African Debt Cycle
Debt is an important source of finance for development. But if the debt situation turns burdensome and it may even threaten the very sovereignty of a nation. That’s what happening today with a majority of nations in Africa. I learned how rich Africa is in mineral wealth from my students who come to study in…
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What’s Trump’s Game? Trying to Save a Weakened US Empire
This argues that if we look at the US as being the homeland of the US Empire, then we can see what Trump is trying to do: recognizing that the US Empire is failing, Trump was to end “soft power” programs by the US Government around the world because they are not working, and to…
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After the Fire: Reconstructing Los Angeles Towards Abolition
Looks at the impact of the January 2025 fires in Los Angeles, and discusses rebuilding efforts.
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From Artificially Produced Scarcity Toward Communal Luxury
[I]t seems that nowadays humanity is producing much more than it can consume, while insufficiencies still plague our everyday lives. One example is that humanity is currently wasting around 40% of the food it produces , while hundreds of millions around the world continue to suffer from hunger and malnutrition.
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The “Mighty” Dollar and the Brics Countries
US President-elect Donald Trump, faced with the threat of “the end of the dictatorship of the dollar,” announced the imposition of tariffs on the countries belonging to the Brics. Threat as a policy has been imposed in the governmental lineage of the presidents of the United States when they wage wars or sanction whoever is…
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Milei’s Government Worsens Argentina’s Situation one Year after being Elected
Today marks one year since the inauguration of President Javier Milei, of the ultra-right alliance La Libertad Avanza (LLA). The situation is worsening and the permanent lying and falsification of data and figures are denounced every day by the alternative press, because the ruler, who considers himself as a “mole infiltrated to destroy the national…
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How Neoliberalism Has Wielded ‘Corruption’ to Privatise Life in Africa
In the years following the fall of the Soviet Union, the word ‘corruption’ increasingly began to appear in the reports of multilateral agencies and non-governmental organisations. These reports argued that corruption is rooted in the regulatory function of states, which control large-scale development projects and whose officials oversee the delivery of licences and permits; if…
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Michael Moore Says He Will Not ‘Tamp Down’ or Condemn Anger Stirred by Luigi Mangione
Michael Moore condemns the US health care system.
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Technologies that work for people, not profiteers, in the climate emergency
It will not be enough to take the means of production, as they have been developed by capital, into social or public ownership. We must aim to change what those means of production produce, and the way they produce it. What does this mean, politically, here and now?