Globalization from Christopher Columbus, Vasco da Gama and Ferdinand Magellan Until Today: Part 1
This study covers the period from the 15th to the 21st century, focusing on the dramatic effects of capitalist globalisation.
-
-
Collective Commons, Debts and Pharmaceutical Companies’ Patents: Part 2
Knowledge, scientific discoveries, and technical processes ought to be common goods of humankind. However, Big Pharma is engaged in private appropriation of knowledge and techniques, notably through patents, enabling it to rake in colossal profits, esp. during the corona pandemic.
-
Thomas Piketty and Karl Marx: Two Totally Different Visions of Capital
Piketty’s definition corresponds with those found in standard economic textbooks. However, they are wrong. Capital is a social relationship that enables a minority (the richest 1%), to get richer by exploiting the labour of others.
-
From Rafael Correa to Guillermo Lasso via Lenin Moreno
How can we explain that a significant part of popular votes did not go to the leftist candidate Andres Arauz to prevent the neoliberal banker Guillermo Lasso from getting elected? What are the lessons to be drawn?
-
In Memory of Patrice Lumumba, Assassinated on January 17, 1961
Remembering Lumumba on the 60th anniversary of his assassination by Congolese leaders complicit with Belgian police and soldiers. Lumumba was only 35 years old and could have played a very important role in his country, in Africa and at a global level.
-
“The Coronavirus Pandemic is Part of a Multidimensional Crisis of Capitalism”
Eric Toussaint interviewed by the newspaper L’Anticapitaliste (France) You wrote in a recent article: “The coronavirus was the spark or trigger of the stockmarket crisis, not its cause.” Can you be more specific? While governments and mainstream media keep claiming that the stockmarket crisis is a consequence of the coronavirus pandemic, I pointed out that…
-
The Capitalist Pandemic, Coronavirus and the Economic Crisis
Eric Toussaint, 19 March A public health crisis The coronavirus pandemic is a serious public health problem and the human suffering caused by the spread of this virus will be enormous. If it massively affects countries of the Global South with very fragile public health systems that have been undermined by 40 years…
-
The Coronavirus Is Not Responsible for the Fall in Stock Prices
Éric Toussaint Since the last week of February 2020, we are witnessing a big crisis in the stock markets of the Wall Street, Europe, Japan and Shanghai, and several other Asian countries. Precisely what will happen in the stock markets in the coming days and weeks is unpredictable, but it is very important to…
-
Debt Against the People: An ABC
Eric Toussaint Over the last ten years Greece has been a prime example of how a country and a people can be deprived of their liberty through clearly illegitimate debt. Since the 19th century, from Latin America to China, Haiti, Greece, Tunisia, Egypt and the Ottoman Empire public debt has been used as a…
