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Economics

UN Chief Warns of Coming Recession for the Planet

Bumping elbows at the United Nations By Evelyn Leopold The United Nations has shut down most of its meetings and all of its conferences, but the world body in New York stays open. There are peacekeeping missions to follow, conflicts…

Facing Two Pandemics: Coronavirus and Global Capital

On Sunday, Time magazine published a brilliant article, “In the Battle Against Coronavirus, Humanity Lacks Leadership” by Yuval Noah Harari. It’s a must-read piece that gives us an overview of pandemics throughout human history and shows the progress we have…

To Help Stem Coronavirus, Lift Sanctions on Iran

Co-Written by Ariel Gold and Medea Benjamin The COVID-19 (coronavirus) pandemic is far from the first proof of how intertwined we are as a global community. The climate crisis and the refugee crisis have long been glaring examples that the…

Did you know this about Iran and the coronavirus?

This is bad. Since February 19, when the first coronavirus cases were identified in Iran, at least 6,566 people—about one in every 12,000 Iranians—have been infected. At least 237 people have died. Iran is third, behind China and South Korea,…

Corporations are Human Creations. We Can’t Let Them Threaten Our Survival

By David Korten We live in a world in extreme crisis. By the estimates of the Global Footprint Network, the human species currently consumes at a rate 1.7 times what Earth’s regenerative systems can sustain. Yet billions of people face a…

The New Deal, Bernie Sanders and Apple Pie

By Mark Lesseraux Did you know that FDR entered the presidency in 1932 during the Great Depression as a centrist Democrat with a mantra of, “Sorry, there just isn’t enough money to fix any of this.”? Then, a few months later…

Cooperation is the Key for our Future

As long as humans exist on this Earth, they must cooperate with each other if they want to survive. Technical progress has made humans even more dependent on each other. This is the most important insight that must be made…

Bernie Finally Puts a Number on Cutting Military Spending

Bernie Sanders’ campaign has published a fact sheet on how everything he proposes can be paid for. On that fact sheet we find this line in a list of items that collectively will pay for a Green New Deal: “Reducing…

How Are We Going to Pay for Saving Trillions of Dollars?

Enhanced Medicare for All — that wild scheme that Michael Bloomberg calls “untried” because it’s only been tested for decades in virtually every wealthy nation on earth — would cost $450 billion a year less than the current U.S. system. In the…

Global Economy Still Slowing, Dangerously Vulnerable

By Anis Chowdhury and Jomo Kwame Sundaram In an annual ritual early in the year, most major economic organizations have released forecasts for the global economy in 2020. Incredibly, almost as a reminder of where financial power resides in this day…

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