John Bellamy Foster explains the ‘solution’ master-minded by global finance to resolve the imminent environmental crisis: create a multi-quadrillion dollars worth of assets on the back of everything nature...
Category - News
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...
James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a Predator State: a finance-led, military-centered corporate republic. To overcome this he lays out what is...
Research by Tim Wise (GDAE-Tufts University) is conclusive and fully resonates with claims by Africa’s biggest grassroots movement, The Alliance for Food Sovereignty in Africa: the corporate capture of...
In this 3 part series, Prabhat Patnaik talks about his read on the history of capitalism from colonialism into the present which he breaks down into five distinct periods: (1) Colonialism prior to the First...
Prabhat Patnaik shows that as capital is relocated, real wages do not rise, inequality widens, and global demand is suppressed. The system remains in protracted crisis; Keynesianism in the North alone is no...
Prabhat Patnaik explains how the colonial system led to depression. Then, in advanced countries governments stepped in to increase demand and productivity, but how unless the periphery is available for...
Prabhat Patnaik reviews the connections between imperialism and capitalism through history to stress that by necessity of the accumulation of wealth, somewhere demand has to be suppressed to provide cheap...
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...
For sustainable recovery from the COVID-19 global economic shock, it is imperative to break from policy choices that produce concentration of economic power and wealth in a limited section of the economy but...