Category Archives: Globalization

Not Every Robin = Spring and Not Every Story About Moving Away from the Dollar Is Well Founded

A small illustration of why some of the stories about reducing dollar dependence are misguided.

Repairing a Fractured World Economy?

Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses

How Workers and Pro-Union Politicians Team Up for Fair Trade

The US gets out of bed to go after some illegal foreign trade subsidies. Sadly this sort of thing does not happen very often.

U.S. to Announce Plan for Private Companies to Fund International Renewable Energy Transition

Yet more proof that the US is far more inteested in green energy profiteering than doing the hard work to reduce the pace of climate change.

Collateral Damage From Higher Interest Rates

Why to be wary of Larry Summers selling another Volcker-type “kill the economy to save it” interest rate jihad.

Could the Ukraine Conflict Be an Opportunity for the Global South?

Many countries see the Russia challenge to Western economic dominance as an opportunity to rewrite the rules of global trade in their favor.

The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China

Another tour de force with Michael Hudson, covering development, rentierism, economic narratives, debt dynamics, and the rise of China.

After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?

Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.

Stop Worshiping Central Banks

Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.

Haitians, Peace Activists Denounce Plan for Another US-Backed Intervention

Haitians are saying “no to armed invasion from the international community, because every time there is the so-called ‘help’ invasion… it results in chaos,” said one activist.

Stab in the Back – Not One Inch but Right to the Heart

John Helmer picks apart the not-well-understood story of who betrayed whom when Gorbachev agreed to the lousy US “not one inch” promise.

The Grain Giants Have Made a Bonanza from Hunger. Time to Take Them Apart

The global food system, heavily influenced by the big grain companies, needs an overhaul to allow diverse crops, producers and supply routes

A Disordered World – Part 3: Pathways

Satyajit Das’ final post on where the world order is headed.

Satyajit Das: A Disordered World – Part 2: Susceptibilities

Satyajit Das continues his tour of the breakup of the world order, here focusing on financial/economic dislocations and dysfunctional elites

Slouching Towards Reverse Colonialism

How sanctions against Russia are achieving the polar opposite of what colonialism was all about: controlling and exploiting resources.