Category: POLITICAL ECONOMY

Lascar Great Wall of China

Why China and the U.S. Are Opposed to Each Other

[Photo: Jorge Lascar’s photo of the Great Wall of China] =By= Vasily Kashin U.S.- Chinese relations are “the most important bilateral relations in the 21st century,” as Chinese politicians and scholars like to emphasize. Gradually, they have become a central,READ ON

Is Southern Africa About To Be Shaken Up By Hybrid War? (Part II)

=By= Andrew Korybko The Hybrid War In Practice Connecting The Three Pieces: Each of the three forces described above have their own specific uses in the US’ destabilization template against Zimbabwe, but on their own, they’re insufficient to produce theREAD ON

Puerto Rico wealth extraction

Wealth Extraction, Governmental Servitude, and Social Disintegration in Colonial Puerto Rico

=By= Argeo T. Quiñones-Pérez and Ian J. Seda-Irizarry Like many before it, Puerto Rico has learned that modern capitalist economics is a new form of colonization. The ephemera of shared wealth has turned into wealth extraction – leaving Puerto Rico inREAD ON

Surreal economics

“The Political Movement that Dared not Speak its Own Name”: Thoughts on Neoliberalism from a Polanyian Perspective

=By= Kari Polanyi Levitt and Mario Seccareccia Laissez faire was planned, explained Karl Polanyi in The Great Transformation: The origins of the market system go back to the intentional project of institutional transformation initiated in England in the 19th century, establishingREAD ON

Venezuela hunger

Venezuela’s Crisis From Up Close

=By= Lisa Sullivan Dear Friends, Greetings from the state of Aragua in Venezuela where we are concluding a small US delegation focused on grassroots solutions to the massive food crisis here.

Panama Papers destabilise Cameron government in UK

by Chris Marsden wsws.org The leak of the Panama Papers, detailing over 200,000 offshore companies listed by the Panamanian law firm Mossack Fonseca, provides a glimpse into the shady world of tax avoidance carried out by the world’s elite. TheREAD ON

The Eurasian Year in Russian Foreign Policy

=By= Timofei Bordachev 015 was the year when Russia “discovered” Eurasia. Surprisingly, the continent that was the cradle of many ethnic groups and civilizations and the birthplace of great empires remained, until recently, on the periphery of Russian foreign policyREAD ON

piggy bank

Travails of a Bankrupt Hegemon

Hegemonic Lies =By= F. William Engdahl lightly more than seven decades ago, when the United Nations was officially founded in San Francisco, there was no question in the world about who was the Great Power, the World Hegemon. Today theREAD ON