Category Archives: Globalization

Michael Hudson on the Coming Global Fracture as Economic Orders Clash

How our current “clash of civilizations” is a war between economic models.

“One Reason Republican Lies About the Climate Crisis Work”

Republicans use the fact that tackling climate change will impose costs as a reason not to go there, while Dems largely finesse the issue.

EU Continues to Try to Hurt Russia by Shooting Itself in the Foot

Amazement that the EU is engaging in yet more self harm to try to damage Russia.

The EU Needs More Than $1 Trillion for Plan to Ditch Russian Oil and Gas

The EU will have to make very large expenditures to end its depencence on Russian energy. But does it also have the organizational chops?

Unpacking Tucker Carlson on WHO’s “Pandemic Treaty” (So-Called)

Alas, I could only glance at my yellow waders, but there’s still plenty wrong.

Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates

How long-established structures are approaching breakdown, yet those in charge try to look past that.

What to Know about Monkeypox (So Far)

Symptoms and progression, spread, clades, mortality, R, community spread, mode(s) of transmission. And summer festivals.

Rising Cereal Prices and Political Violence in The Croplands of Africa

This column shows that rising cereal prices pose an elevated risk of violence in Africa, where agriculture represents a large share of the economy

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.

The Perverse Calls for More Russian Aggression in the Face of Its Methodical Operation in Ukraine

Some odd ideas about what Russia ought to be doing in Ukraine.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Record High Diesel Prices Will Ripple Across The Economy

The diesel crunch is getting more acute. What could happen next?

What You Need To Know about Solomon Islands

The Solomon Islands story of great power competition in the South Pacific is part of a much older one of colonial conceit and neglect.

James Galbraith: The Dollar System in a Multi-Polar World

On the rise and decline of the dollar system.