Techno-Feudalism Is Taking Over
Posted by Yves Smith – Naked Capitalism Yves here. Yanis Varoufakis puts a name, techno-feudalism, on the widespread shifts in economic power relationships.
Posted by Yves Smith – Naked Capitalism Yves here. Yanis Varoufakis puts a name, techno-feudalism, on the widespread shifts in economic power relationships.
By Anis Chowdhury and Jomo Kwame Sundaram (*) SYDNEY and KUALA LUMPUR, Jun 29 2021 (IPS) – Too many have swallowed the myth that lowering corporate income tax (CIT) is necessary to attract foreign direct investment (FDI) for growth. Although contradicted by their own research…
By Branko Milanovic* NEW YORK, Jun 15 2021 (IPS) – Is Africa marginalised in contemporary economics and politics, and in contemporary economic and political research? Impressions gathered over the years and a bit of evidence (much more could be assembled) indicate that it is.
By Sonali Kolhatkar* – Independent Media Institute Native American communities living alongside the route of the Line 3 pipeline project in northern Minnesota are asking all activists to join them in solidarity this June A decades-old pipeline called Line 3, run by the…
By Ellen Brown* – ScheerPost In a matter of decades, the United States has gone from a somewhat benign form of capitalism to a neo-feudal form that has created an ever-widening gap in wealth and power. In his 2013 bestseller Capital in the 21st Century…
By Hazel Henderson* All nations evolve their infrastructure along with their peoples’ knowledge and technologies. From our distant past as small bands of nomadic hunter-gatherers, we learned the use of fire to smelt iron and tin — progressing from the Iron Age to the…
By Michael Hirson, Tsveta Petrova, and Rickard Nyman (*) – The Diplomat Observers of China’s economy need to become more sophisticated in their understanding Beijing’s evolving and competing policy priorities as growth targets fall out of favor When senior Biden administration…
By Hazel Henderson* – Ethical Markets Media Today’s global casino is now experiencing yet another step change, as central banks shift their focus from austerity and debt to stimulus to cope with pandemics and climate crises and fending off Facebook‘s competitive…
Davies – Common Dreams (*) Denis Halliday is an exceptional figure in the world of diplomacy. In 1998, after a 34-year career with the United Nations—including as an Assistant Secretary-General and the UN Humanitarian Coordinator in Iraq—he resigned when the UN Security Council…
By Thalif Deen * UNITED NATIONS, Apr 6 2021 (IPS) – The 15,900-strong World Bank, which has funded over 12,000 development projects worldwide since 1947, is an international institution with a superlative reputation for its sustained efforts to end poverty in the…