Taking an ever rising share of global income the real benefits of global trade go to the profits of the top 2,000 TNCs. The flip-side is falling wages and government revenues says Richard Kozul-Wright...
Category - News
Think hard about the relevance of the 1948 Havana Charter for addressing the imbalances and inequities of the 21st century global economy says Richard Kozul-Wright noting that with the rise of neoliberalism...
The US is deliberately structuring global Internet governance to ensure unrestricted corporate freedom, favor its own surveillance apparatus and largely deny certain Internet services should be public...
Critical prerequisites like security for public users were missing in the internet’s large scale commercial implementation based on ARPANET technology and are still missing today as the US pushes forward...
Is Capitalism In Crisis? Author of ‘Karl Marx’s Capital & The Present’ Responds – C.P. Chandrasekhar
The fundamental proneness to crisis under capitalism was not overcome in the Golden Age of Capitalism and crisis in the late 1960s ushered in an era of finance by opening new avenues for accumulating wealth...
The question of whether or not banks should be stripped of their ability to create money goes to vote in Switzerland by national referendum. Of relevance to all modern capitalist economies, economist Jo...
The argument in favor of stripping banks of their ability to create money is based on a fundamental misconception of how the monetary and financial system operate says Jo Michell in discussing how the economy...
There is no easy monetary fix for the problems of modern capitalist economies; deep problems in the economy cannot be solved by trying to control the money supply; nothing is stopping the government from...
China’s Embrace Of An Intellectual Property System Imposed On It By The United States – Peter Drahos
The U.S. & China need to rethink the world’s intellectual property-based innovation system to safeguard citizen interests or else this privatization of technology, an arms race mentality in science, will...
Peter Dittus, former BIS Chief and author of ‘Revolution Required’ and Yilmaz Akyuz, South Centre Chief Economist and author of ‘Playing With Fire’ explain how financial fragility in the world economy was...