Selected Stories

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Repairing a fractured world economy?

Richard Kozul-Wright describes the current state of global economic disorder, as presented in UNCTAD's Trade and Development Report, and discusses possibilities and limits of effective regional responses.

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The IMF Connection with the Ukraine Crisis

The economic doctrine promoted by the IMF after the fall of the Berlin Wall brought massive damage to the countries now at war. Prabhat Patnaik looks at how the role of the IMF was instrumental to the advance...

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The 2021 Corporate Bamboozle On World Food Systems

Mega-corporations are all set to walk away with the keys to global governance of food and agriculture at the UN Food Systems Summit later this year. Pat Mooney talks about what is at stake and The Long Food...

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Government Under Finance: There Is No Easy Exit

Prabhat Patnaik reflects on the COVID-19 shock that has worsened the crisis triggered by globalized finance. Only two possibilities emerge: restructure capitalism by controlling finance, or let the tendencies...

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The EURO Arrangement Is Faulty: Heiner Flassbeck

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each and every...

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Debt Crises Do Not Have To Develop Into Catastrophes

Jürgen Kaiser, debt expert, reminds us of the agreement that helped Germany, after World War II, to avert a debt trap and calls for a bankruptcy code for sovereign nations on the back of the COVID-19 crisis...

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COVID-19: What Is To Be Done?

According to Prof Jayati Ghosh, this is the greatest crisis experienced by the capitalist system; she lays out the direction of policy responses commensurate to what is needed. April 21 , 2020 Produced by Lynn...