economy

Michael Roberts explains the recent raft of tariffs announced by US President Donald Trump, how they fit into his broader project to reassert US global hegemony, and what a left response could look like.   

Michael Roberts — Keynesianism advocates digging holes and filling them up to create jobs. Military Keynesianism advocates digging graves and filling them with bodies to create jobs.

Adam Hanieh explores the need to foreground value transfers in understanding imperialism, Israel’s role in global fossil capitalism and the rising influence of the Gulf states.

Eric Toussaint — If Ukraine wants to fully regain its sovereignty, it must also free itself from the yoke of the creditors who are acting against the interests of the Ukrainian people.

Farooq Tariq — Pakistani farmers and peasants are demanding accountability for the WB-IMF’s promotion of neoliberal and open-market economic policies that fuel hunger and inequalities.

Malfred Gerig situates the impact of United States’ sanctions on Venezuela and the rise of Venezuela’s crony capitalism within the context of the nation’s “Long Depression”.

Promise Li — Economic interdependence has shown surprising resilience even across rival geopolitical blocs. Existing theories of imperialism fail to fully account for these seemingly contradictory dimensions of today’s world system.

Álvaro García Linera — We are witnessing the slow and melancholic disintegration of the old free market order and the nascent rise of various alternative models, none of which has secured a definitive foothold yet.

Dmitry Pozhidaev — If religion is the opium of the people, FDI is the opium of development: it creates an appearance of development while undermining and restricting development opportunities.

Sam Gindin discusses the rise of the US empire, its role in creating a truly global capitalism and the challenges it faces today.

Frederick Thon Ángeles, Manuel Rodríguez Banchs and Jorge Lefevre Tavárez put forward 18 ideas about the new world order, the dangers of rising inter-imperial conflict, and the need to build an independent pole anchored in the international working class.

Adam Hanieh provides an alternative approach to understanding Palestine – one that is framed by the wider region and the Middle East’s central place in our fossil fuel-centred world.