Michael Hudson on Financialization and Deindustrialization
Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties
Read more...Category Archives: Globalization
Outsourcing: A Personal Window on the Rise of Grifting
Some vignettes from the rise of outsourcing.
Read more...Trump or Biden, Trade Deals Still Threaten Britain’s NHS
Regardless of who wins the US presidential election, Britain will be hard pressed to protect the NHS from higher drug prices.
Read more...Indian Pharma is Being Squeezed – and It’s Bad News for Drug Access in Developing Countries
The role of Indian pharma in ensuring access to low-cost drugs is important during the age of COVID-19, and not only for developing counries.
Read more...To Beat China, US Should Tax Ray Dalio Out of Existence
A recap of the recent China “Bund Summit,” which included discussion of China’s continuing need for foreign capital.
Read more...Shipwrecked by Rents
The costs of imperial rent-seeking.
Read more...Brexit: Standoff
Will Johnson pull the Brexit plug today, or decide to fight another day?
Read more...EU Wins WTO Ruling on Boeing Subsidies, Following WTO Ruling for the US on Airbus Subsidies. Tariff War On?
WTO rulings on tit-for-tat aircraft manufacturer disputes look likely to produce dueling tariffs at least in the near term.
Read more...What Should Europe Expect from American Trade Policy After the Election?
Biden promises to go back to an old normal. But how realistic is that on the trade front?
Read more...Citi’s Recidivist Rule-Breaking and Incompetence Shows Persistence of Too Big/Complex to Fail Problem
Citi’s latest run-in with regulators shows why comparing big banks “too big/complex to fail” problems to those of Big Tech is all wet.
Read more...Low Labour Shortages Can Help Explain Sluggish Wage Growth
Real-time indicators based on qualitative survey data provided an overly optimistic picture of labour market conditions and wage growth in the aftermath of the Great Recession.
Read more...Rana Foroohar and Mark Blyth: How Deep Will the Depression Get?
Rana Roroohar and Mark Blyth discuss the elections, tech, China, and Covid v. recovery with Paul Jay.
Read more...Brexit: Running the Clock Down
Why Brexit motion should not be confused with progress.
Read more...Covid-19 and the Global Addiction to Cheap Migrant Labor
The Covid-19 pandemic has highlighted the world’s structural dependence on exploitable labor.
Read more...Brexit: Confrontation
The Brexit process is as ugly as ever.
Read more...