Davos and the Melting World Economy
As billionnaires meet in luxury, Oxfam publishes a staggering condemnation of capital’s failure to meet humanity’s needs.
Capitalism | China | Online Blog | USA | World Economy
Growing Similarity Between USA and China – Rising Gap Between Rich and Poor
‘The Brotherhood of Billionaires’: the two countries have the largest number of billionaires; ‘The US Government Has Abandoned the Nation’s Poor’; ‘A New Portrait of the World’s Wealth — and Wealthiest’; ‘A Steelworker in China Writes About His Working Conditions’.
Sins of the Pharma Industry – 2 Articles
“New and Improved ‘Diseases’ Launched by Drugmakers to Sell Drugs”. Also: “How a Big Pharma Company Stalled a Potentially Lifesaving Vaccine in Pursuit of Bigger Profits”.
Book Review: The World Bank – A Critical History
Éric Toussaint’s history of the World Bank shows powerfully how it and other international institutions have enforced imperialist exploitation.
AI Goes to War: Will the Pentagon’s Techno-Fantasies Pave the Way for War with China?
The US Deputy Secretary of Defense Kathleen Hicks recently announced the “Replicator Initiative.” Among other things, it would involve producing “swarms of drones” that could hit thousands of targets in China on short notice. Call it the full-scale launching of techno-war.
“Domestic Debt Restructuring in Sri Lanka: Forcing the Poor to Pay the Debt of the Rich”
The IMF programme in Sri Lanka is devastating the common people of Sri Lanka, especially the most vulnerable and marginalised among them.
War of Economic Corridors: The India-Mideast-Europe Ploy
The India-Middle East-Europe transportation corridor may be the talk of the town, but it will likely go the way of the last three Asia-to-Europe connectivity projects touted by the West – to the dustbin.
The Silences of the Delhi Declaration
The G-20 meeting in Delhi was occurring in the midst of an acute global economic crisis. Yet the G-20 summit did not take any initiative in the matter of overcoming this crisis, especially with regard to the external debt of the third world countries.
Brewing Anger in Thailand as the Establishment Unites to Foil Change
After over three months of Thailand being put on hold as the country’s political adversaries tried to figure a way out of the surprising results of the May elections, a solution was finally reached among contending parties in the third week of August. It was a victory for the establishment.
Venezuela, the Decolonial Alternative: A Conversation with Ramón Grosfoguel
Grosfoguel talks about the living links between the colonial and the neocolonial systems, the problematic legacy of the colonial past in Venezuela’s present, and US imperialism’s neocolonialism in relation to Venezuela