Economics

Amid a worldwide uprising against police brutality and racism, we discuss the historic moment with legendary scholar and activist Angela Davis. She also responds to the destruction and removal of racist monuments in cities across the United States; President Trump’s…

Experts Say $17.5 Billion Writedown by BP Prove Oil Giant Knows ‘Reserves of Oil and Gas Increasingly Worthless’ By Eoin Higgins, staff writer – Common Dreams Fossil fuel giant BP announced Monday it will write down nearly $18 billion in…

Brendan Montague The environmental campaigner and journalist argues we need to abandon capitalism as we recover from coronavirus and establish a new economy of private sufficiency and public luxury. The environmental journalist and campaigner George Monbiot has called for a…

Viewpoint by John Scales Avery* In written Chinese, the word “crisis” is represented by two characters. One of these, taken alone, means “danger”. The other, by itself, means “opportunity”. A crisis nearly always leads to great change. There is a…

By Vijay Prashad The statues are coming down. The most recent avalanche began in the United States after the murder of George Floyd at the hands of police and the uprising it occasioned. In Philadelphia, the city removed a statue…

By Howard Richards From the New York Times, June 2, 2020: ´The anger is different this time. After years of Americans being killed by the police — more than 1,000 per year, for as long as statistics exist — something…

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe…

On June 1, President Trump threatened to deploy active-duty U.S. military forces against peaceful Black Lives Matter protesters in cities across America. Trump and state governors eventually deployed at least 17,000 National Guard troops across the country. In the nation’s…

Call for Addressing Inequality, Unsustainable Debt and Socio-Economic Disparities By Reinhard Jacobsen Caribbean leaders have joined the United Nations in calling for solidarity and increased funding, as some of the world’s most vulnerable countries scale up their efforts to combat…

In June 1348, people in England began reporting mysterious symptoms. They started off as mild and vague: headaches, aches, and nausea. This was followed by painful black lumps, or buboes, growing in the armpits and groin, which gave the disease…