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Economics

Coronavirus and the Universal Basic Income

Molly Scott Cato Capitalism isn’t working. We need a Universal Basic Income as we come out of the coronavirus lockdown into the economic – and the climate – crisis. The furlough scheme was an extraordinary move from a Conservative government…

Money is Only Pieces of Paper

Money is only pieces of paper. It tears like paper, burns like paper. You can’t eat it, you can’t wrap things in it, you can’t write on it. It’s less useful. Money is a convention. It’s an agreement that, until…

Why Trump and Anti-Lockdown Protesters’ Calls to Return to Normal Are Acts of White Supremacy

The protests are a form of white privilege in action as the virus disproportionately infects and kills African Americans and people of color. By Sonali Kolhatkar When the coronavirus pandemic was first declared, Americans dutifully stayed at home to prevent…

Coronavirus: EU faces ‘recession of historic proportions’

EU officials have forecast “the deepest economic recession” in the bloc’s history as a result of the coronavirus. Failure to agree on common solutions for the post-pandemic recovery could undermine the European project. European Commissioner for the Economy Paolo Gentiloni…

Top UN Official Calls for Universal Basic Income to Tackle Growing Inequality

The COVID-19 pandemic is not only a health crisis, but it is also proving to be an economic disaster for huge numbers of people worldwide. A senior UN official with the UN Development Programme (UNDP) is calling for countries to…

What’s Driving Trump’s Political Attacks on China

By M.K. Bhadrakumar The U.S. President Donald Trump has tied himself and onlookers in knots by his alternating encomiums for and diatribes against China over COVID-19 in the recent weeks. Only he can cut the Gordian knot, and he will…

Working from home, even when the coronavirus crisis has passed

The coronavirus crisis has compelled workers around the world to work from home. Global air quality has been transformed as a result. When the crisis has passed, will those who can work from home still be allowed to? Germany is…

Manifesto 2020 Calls for A Trans-National Citizens’ Alliance

Viewpoint by Agora of the Inhabitants of the Earth A new public declaration of policy and aims, Manifesto 2020, has issued a clarion call for declaring poverty Illegal. Poverty Is the product of labour regulation within the context of unequal…

U.S. Trade War Against China Takes a Coronaviral Turn

The anti-China fake news campaign about the COVID-19 pandemic fits into the larger war that the U.S. is waging against China. It taps into the deep reservoir of xenophobia and racism in the U.S. and elsewhere. By Prabir Purkayastha /…

With Millions Unable to Pay for Housing This Month, Organizers Plan the Largest Rent Strike in Nearly a Century in New York and Elsewhere

By Natasha Lennard Want a grim picture of the state of American dissent during the coronavirus pandemic? Take an overview of media coverage from the last week. The press focused disproportionate attention on a few hundred white reactionaries, in a small…

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