Category: Political Economy

U.S. Economy: Saved by Immigrants

The pickup in U.S. growth last year came from a sharp rise in net immigration. In simple terms, more workers generate more goods and services.

The Nature of Neoliberalism

What can we learn about neoliberalism from Neil Davidson’s new book?

Charles Post assesses Neil Davidson’s posthumous book on neoliberalism, which makes a key contribution to the Marxist analysis of contemporary capitalism.

review

The Flat World and the Flat-Worlders

John Feffer reviews Kevin Funk’s “Rooted Globalism”, on the persistence of the national character of each capitalist class amidst globalization.

Decarbonization and Decolonization

Colonial Capitalism and Puerto Rico

The Case for an EcoSocialist Green New Deal Regardless of COP28

Puerto Rican socialist Rafael Bernabe calls for a Green New Deal in Puerto Rico, to facilitate its economic and ecological reconstruction.

The New U.S. Labor Movement

The labor movement in the United States is passing through a transition from the stagnation of the period from 1980-2010 to a new period of dynamic change in industrial decentralization, new technologies, work, organization, union activism, and the enormous and enveloping issue of climate chan

Gaza: A Ghastly Window into the Crisis of Global Capitalism

Gaza is a real-time alarm bell that genocide may become a political tool in the decades to come for resolving capital’s intractable contradiction between surplus capital and surplus humanity.

Can Xi Jinping’s “Chinese Model” Supplant Capitalist Democracies and Why Should Western Socialists Care? – Part 4

Given China’s drivers, it’s difficult to imagine how this trend could be halted or reversed short of the collapse or overthrow of the CCP. That’s coming but of course it’s impossible to predict when.

Can Xi Jinping’s “Chinese Model” Supplant Capitalist Democracies and Why Should Western Socialists Care? – Part 3

If Xi’s Chinese-style modernization has shattered the myth that modern-is-Western, then why is his economy still so dependent on Western science and technology?

Can Xi Jinping’s “Chinese Model” Supplant Capitalist Democracies and Why Should Western Socialists Care? – Part 1

Xi’s “new type civilization” is the opposite of all this. Instead of enlightenment, emancipation, freedom, critical thinking, science and democracy.

Beyond Capitalism: A Participatory Economy

What do those who are fed up with capitalism propose to put in its place?

A vision of how a socialist, participatory economy could function.

Assessing and Regulating Artificial Intelligence

A call for a moratorium on AI development based on the precautionary principle, and a discussion of the difficulty of achieving it in a capitalist society.

Biden in Ireland: The Failure of Neoliberalism

Ireland’s recent past, north and south, has been miserable—fueled by the “there is no alternative” capitalism promoted by the Irish ruling class and external powers—which will be highlighted and evident in Biden’s visit.

The Future of Cuba—Part Two

What are the likely consequences of Cuba’s exiting from its current economic crisis?

The Future of Cuba—Part One

What can we learn from the experience of other countries that can help us think about possible futures for Cuba?

Abenomics and the Liberal Democratic Party

Bad Politics for Japan

Donald C. Wood assesses the failed record of economic policies pursued by Shinzo Abe, right-wing former Prime Minister of Japan.

Iran: Secular Revolt against Clerical Tyranny

Background and prospects for the Iranian protests

The Decline of Rentier Communism in Cuba

Recent developments in the political economy of Cuba

What is the significance of the Saudi oil decision?

What are we to make of the Saudi vote to cut OPEC+ oil production?

China: Making the World Safe for Capitalism

Peter Ranis discusses repression, exploitation, and ecological devastation in China’s authoritarian capitalism.

Is China Socialist Because It Reduced Poverty?

Michael Karadjis assesses and rejects the claim that China’s impressive poverty reduction makes it a socialist country.

Understanding China

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