CRAWFORD* – THE CONVERSATION The figure includes $838 billion in “emergency” and “overseas contingency operation” funding and $59 billion spent by the State Department and USAID on Iraq and Syria Even if the U.S. administration decided to leave —…
By Mark Joseph*- Newsweek “America will never be a socialist country,” President Donald Trump declared at last year’s State of the Union address. But at least 51 percent of Americans aged 18 to 29 have a favorable view of socialism.
By Jomo Kwame Sundaram and Michael Lim Mah Hui (*) KUALA LUMPUR and PENANG, Feb 4 2020 (IPS) – Financialization has worsened inequality through various channels, including macroeconomic policies. For example, quantitative easing and low, if not negative interest rates have…
By Conor Lynch * – Truthdig Few thinkers are more deserving of criticism than Milton Friedman. Not only was he the late 20th century’s leading proponent of unfettered capitalism, he served as one of the intellectual fathers of the neoliberal ideology that has been so…
Mike Konczal – Roosevelt Institute SUMMARY: INTRODUCTION Over the past several decades, an empirical revolution in economics has undermined many of the assumptions of the reigning approach to economic policy, which we refer to here as “neoliberalism.” This issue…
By Kunda Dixit* ABU DHABI, Jan 29 2020 (IPS) – The increased frequency of climate-induced weather extremes and public opinion pressure are forcing even major fossil fuel exporting countries in West Asia to make a big push towards renewable energy. In January alone, the United…
The Economist The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon…
Anthony Harwood * – Newsweek It’s hard not to be astonished by Saudi Arabia’s arrogant belief that it can do whatever it likes. It comes from being disgustingly rich and having everyone suck up to you, I suppose.
By BBC Panorama Team Leaked documents reveal how Africa’s richest woman made her fortune through exploiting her own country, and corruption. Isabel dos Santos got access to lucrative deals involving land, oil, diamonds and telecoms when her father was president of Angola, a…
Editorial The climate crisis and social unrest could finally force corporate leaders to think beyond the profit motive When Klaus Schwab founded the World Economic Forum in an Alpine ski resort in 1971, he wasn’t to know that the 30-year postwar boom was on its last legs. The…
