Category Archives: Globalization

Dethroning the Dollar: What Governments Propose, IT Disposes

Why the road away from the dollar will have many twists and turns.

The Russian Oil Price Cap Isn’t as Simple as It Seems

The harder your look at the Russian oil price cap, the uglier it looks.

A New Era for Germany’s Gas Industry Fuels Climate Fears

Moves to end energy dependence on Russia are a win for the gas lobby, locking Germany into the global market for liquefied natural gas.

Rich Nations Doubly Responsible for Greenhouse Gas Emissions

How the greenhouse gas emissions blame game pits advanced economies against developing ones.

New Global Estimates on Profits in Tax Havens Suggest the Tax Loss Continues to Rise

Quelle surprise! Despite EU and US initiatives to curb corporate use of tax havens, big companies continue to fatten their wallets.

Between Deglobalisation and Slowbalisation: Where Europe Stands

Globalization is as important as ever for Europe where hundreds of thousands of companies and millions of jobs are supported by global trade flows.

Michael Hudson Answers Questions on Europe’s Self-Immolation, Fed’s Malpractice, Changing World Order

Michael Hudson covers a wide range of topics, including the decline of Europe, the Fed’s mismanagement, the rise of new economic blocs

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.