The Depression of Mass Consumption
The paucity of demand in the Indian economy is not a temporary phenomenon, occasioned by demonetisation, lockdowns, or the like. It is an underlying condition of the Indian economy as a whole.
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The FDI Reversal and the Message
In a surprise turn, India (which had been receiving consistent FDI inflows even in years when foreign portfolio inflows were volatile) experienced a close to 100 per cent decline in net FDI investment in the country to $354 million in 2024-25.
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A Comparison of Two Large, Lapsed, Democracies
The similarities and differences in the authoritarian projects in two countries.
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A Brief History of U.S. Military Interventions Within the United States
Although the National Guard has often been used against civil rebellion, deploying federal military forces within the U.S. is a drastic and historically rare move. For Trump to take such a profound leap is an admission that a conflict at home is being equated to an overseas war.
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Capitalism | Online Blog | Ukraine | USA
The War in Ukraine—A History: How the U.S. Exploited Fractures in the Post-Soviet Order
The author explores how the breakup of the Soviet Union, the aggressive expansion of NATO, U.S. neoconservative geopolitics, present-day Ukraine’s domestic tensions, and other factors led to the current conflict, in which the only winner seems to be the United States.
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Capitalism | Imperialism | Online Blog | USA
The Banana Road from South America to China
On the global banana trade, and how the United States is trying to make the commerce in bananas into a national security issue.
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Punishing Progress: Washington Targets Social Achievements of Cuba, Nicaragua and Venezuela
The authors take stock of the collective progress in Latin American countries targeted by the US for regime change.
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The Lingering Myth of Capitalism
It is a pity that economic discussion in the country has reached such a jejune level today that 200- year-old myths about capitalism are being recycled, and sustained through all sorts of false claims about the disappearance of poverty within the Global South.
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Capitalism | Fascism | Online Blog | USA
Trump’s Assault on Working People – 9 Articles
Trump’s relentless assault on working people; Trump budget gives $1 trillion to military while slashing programs for working class; Efforts to ‘bring the press into line’; Defunding of NPR and PBS; Slashing education funding; Threatens to take away Harvard’s tax-exempt status; US economy shrinks for first time since 2022; Anti-Trump nationwide May Day protests.
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Capitalism | Imperialism | Online Blog | USA | World Economy
Washington is Once Again Weaponising the IMF to Try to Reclaim its “Back Yard”
Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.
