Category Archives: Globalization

US Fed-Induced World Stagnation Deepens Debt Distress

US and Fed bad cooking has led to weak growth the world, and by urging poor countries to borrow at once-low rates, debt distress.

Michael Hudson: We Need a New Political Vocabulary

Yves here. Thank the persistent and very long running campaign to move the values of the US to the right for the hollowing out of the meaning of traditional political labels that Michael Hudson describes below. It can’t be said often enough that the change in the where the center was perceived to sit was […]

The New Curse of Critical Minerals

An updated look at the classic resource curse.

The Houthis Turn the Red Sea Redder, Stymieing Israel and the US

A look at the history of Yemen, its place in the region, and the remarkable Houthi campaign against Israel and Red Sea shipping.

Capital in the 21st Century: Ownership of the Firms Producing Raw Materials

Investors from outside the EU control a significant share of the capital of global listed companies involved in the mining of cobalt, copper, lithium, nickel, and rare earths, underscoring the need to enhance the EU’s strategic autonomy and devise a metal-specific strategy going forward.

Freeports Are Dangerous

Rishi Sunak is still flogging his failed freeports initiative as a success. If they were to take off, the winners would be dodgy operators.

How Corporations Are Fueling Geopolitical Tensions and Global Conflicts in the 21st Century

Multinational corporations with global reach are increasingly getting entangled in conflicts and geopolitical rivalries by supporting multiple sides.

Michael Hudson: Agricultural Imperialism in the EU

How the US has used control over the supply of key agricultural commodities to defend its hegemony.

“Dollar Doomsters Have Got It All Wrong”

Why reports of the [imminent] death of the dollar are greatly exaggerated.

Black Sea Port Becomes Geopolitical Battleground Between China and the EU

Western handwringing over China building a port a little too close to Europe’s backyard.

The EU’s Outsourced Migration Control Is Violent, Expensive and Ineffective

Does a critique of EU migration policies reveal more than it intended to?

Latin America: From the Struggle for Independence (1808) to the Great War (1914)

An overview of political and economic post-colonial history in Latin America.

Global South Suffering Due to Powerful Nations’ Elite-Serving Policies

The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies