Category Archives: Globalization

How China Is Offering an Alternative to the IMF

China has been setting up currency swap lines with many countries. But is this an idea that is ahead of its time?

Michael Hudson: America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism

Further discussion of the American and Chinese economic models, focusing on financialization as a central distinction.

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

IMF, World Bank Must Support Developing Countries’ Recovery

COVID-19 continues to take an unprecedented human and economic toll; international institutions must support developing countries’ recovery.

Why India is Banking on Health Diplomacy to Grow African Footprint

India has stepped up its foreign policy re-engagement with African countries and has focused on health diplomacy.

Italy Bans Cruise Ships from Entering Venice’s Historic Center

Environmentalists take a victory lap, but much more must be done to ensure the survival of Venice, especially with sea levels rising.

China and US: Stumbling into War?

China and the US are doing an awful lot of chest-poking, and if anything, it’s getting worse under Biden. Could this sparring lead to war?

Will Biden’s Central American Plan Slow Migration (or Speed It Up)?

Biden”s Central America plan includes US funding of domestic security forces to keep citizens put and support foreign economic exploitation.

Russia and China Are Sending Biden a Message: Don’t Judge Us or Try to Change us. Those Days Are Over

The initial Biden foreign policy backfires are leading to even more cooperation betwen China and Russia.

U.S. Joins “Rules-Based World” on Afghanistan

Why the US appears to be retreating from the idea it can remake the world to its own liking, at least in Afghanistan.

Medea Benjamin: 10 Things Wrong With Biden’s Foreign Policy

Medea Benjamin explains why the Biden administration seems firmly entrenched behind Trump’s walls of hostility.

The End of Closed Democracy?

Corporate and financial capital still dominate, but politics no longer serves them alone, by putting the interests of the market first. Instead, power is having to listen to people everywhere.

‘Disturbing’: Rich Nations Vaccinating Person Per Second While Blocking Effort to Share Recipe With Poor Countries

Rich nations continue to block a propsed waiver of intellectual property rights to allow global sharing of vaccine tecnology and production.