Militarism and the Coming Wars
This essay is based on the preface to a Turkish translation of ‘Socialism or Barbarism: From the “American Century” to the Crossroads’ by István Mészáros. It was written prior to the U.S. invasion of Iraq.
The Bottled Water Industry Is Masking the World’s Failure to Supply Reliable Drinking Water to All
In 2016, the annual financing required to achieve a safe drinking water supply throughout the world was estimated to cost $114 billion, which amounts to less than half of today’s roughly $270 billion global annual bottled water sales.
The Intertwined Food and Climate Emergencies: Culpability
Contrasting images come to mind when it comes to hunger and climate: a world in which a child under age ten dies of hunger every five seconds and the oligarchs of agri-food and finance decide every day who on this planet will die and who will live. This article is about loss of both morality and of thinking.
China | Economy | Online Blog | Russia | USA | World Economy | World Politics
The Dollar Is in Trouble! Here Are 7 Signs that Global De-Dollarization Has Just Shifted Into Overdrive
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. Much of the planet is preparing for a future in which the U.S. dollar will be far less important than it is right now.
Africa | Online Blog | USA | World Economy | World Politics
Slavery Did Not End in 1865
For more than a century after the Civil War, the treatment of Black Americans was so horrific that it is easy to see why these atrocities were left out of textbooks.
Authoritarian Macron on the Back Foot: Could France Explode?
President Emmanuel Macron has impose his pensions bill by decree, thus avoiding a parliamentary vote he would have lost. It has led to spontaneous demonstrations across France. The lower house of the Parliament is also set to vote on a motion of no confidence in the government.
The 1953 London Debt Agreement on Germany’s Debt
Germany benefited from the cancellation of most of its debt in 1953, which was instrumental in helping the country regain its position as a leading economic power. Since then, no other country has received such favourable treatment. A discussion on the why and how of this debt cancellation.
Understanding Money and the Dollar System with Radhika Desai & Michael Hudson
Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system.
Amartya Sen’s Work Shows Us the Human Cost of Capitalist Development
His work is two-sided (or contradictory). Sen punches big holes in mainstream explanations for manifestations of poverty and deprivation that are caused, often directly, by capitalist development. And at the same time, Sen sets out a vision of development that promotes the expansion of capitalist markets.
Nestlé’s Blatant Misconduct Shows Us the Darkness of Capitalism
Corporations like Nestlé are essentially doomsday machines: man-made creations that will ultimately destroy humanity if allowed to continue as they are. It continues to exist only because of the acquiescence and facilitation of its gross misconduct by governments and society.