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Economics

US Economy Excels at One Thing: Producing Massive Inequality

To solve the extreme inequality of US capitalism requires systemic change, an end to capitalism pitting employers against employees. By Richard D. Wolff To grasp the sheer magnitude of US economic inequality in recent years, consider its two major stock…

IMF and Big Business for Universal Vaccination: Better Red than Dead

The me-first policy on vaccine sharing will bring losses of $203 billion to $5 trillion to rich countries, while the returns are the highest if they support global universal vaccination. Prabir Purkayastha The world seems to have turned topsy turvy…

Key quotes from Xi Jinping’s speech at virtual Davos Agenda event

Chinese President Xi Jinping on Monday delivered a speech via video link at the Davos Agenda event of the World Economic Forum (WEF). The Chinese president called for efforts to uphold multilateralism, saying global problems must be solved by global…

Russia’s Financial Strategy for Africa

By Kester Kenn Klomegah In order to raise its geopolitical influence, Russia has been making efforts identifying mega infrastructure projects such as nuclear power and energy, natural resources exploration and talks consistently about increasing trade with Africa. On the other…

Understanding the Chinese foreign policy

China has been the hot topic of discussion in the foreign policy corridors of most of the countries. Some have termed its policies as expansionist some are critical of its trade policies and human rights. At the same time, to…

CUTS International Aims to Become a Civil-Society UNCTAD

By Kester Kenn Klomegah In this interview, Pradeep Mehta who is the founder Secretary General of the Jaipur-based Consumer Unity and Trust Society (CUTS International), talks about the establishment of his organization, its geographical spread, the challenges it has faced…

Promote first ever PSA for UBI

Fund for Humanity has led the creation of this amazing ad / PSA. Starting today, Jan. 14th at 3pm ET and for the next six weeks, the PSA will launch on air on websites like CNN, Wall Street Journal, and…

“More Courage to Assume Global Power”

The German foreign policy establishment debates EU plans for global power. Former EU commissioner cautions against “complete overconfidence.” BERLIN(Own report) – The German foreign policy establishment is entering the second year of the Covid-19 pandemic with new plans for EU…

In America, Business Profits Come First Over the Pandemic

Blaming the deadly virus surge on individuals and their risky behavior ignores that the real fault lies with a government that chooses to prioritize the health of businesses over that of humans. By Sonali Kolhatkar Los Angeles, California, is now…

Chomsky and Prashad: Three Major Threats to Life on Earth That We Must Address in 2021

By Noam Chomsky and Vijay Prashad Large parts of the world—outside of China and a few other countries—face a runaway virus, which has not been stopped because of criminal incompetence by governments. That these governments in wealthy countries cynically set…

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