Economics

Together with the editor of Pressenza in London, Tony Robinson, we are getting closer to the reality of the United Kingdom, both in the political-social field, and in the way Brexit is dealt with, the exit of these countries from the European Union and the effects that the new Prime… »

By Diane Pagen Each of the high rises in the United Kingdom that have combusted over the course of the past 20 years—Garnock Court in Irvine, Scotland, and Lakenal House and Grenfell Tower in London—happened to be public housing, with poor people the obvious victims. Whether in the U.K., or… »

By Alex Howlett In cities like New York, San Francisco, and Boston, housing prices and rents are high and rising. »

By Jonathan Power In her famous decree in 1767 Empress Catherine the Great proclaimed Russia to be a European power. She wanted Russia to be a major player in European politics. She compelled the Europeans to accept Russia as a great power as a condition for doing business. In… »

Co-Written by Kevin Zeese and Margaret Flower “We oppose the extraterritorial application of unilateral measures.“ That is not Cuba, Nicaragua, Iran, Russia, or China talking about the most recent unilateral coercive measures imposed by the United States against Venezuela, i.e. economic sanctions that have become an economic blockade, but the… »

“This Sunday the primary elections have just taken place in Argentina, which although they only defined the candidates of each force for next October’s elections, had a relevant importance to evaluate the advance of the opposition to Macri’s government; and the result has been conclusive: the opposition formula of the… »

In the previous article, “The vicious circle of wealth concentration“, we described the mechanisms of accumulation through which economic power not only accelerates its appropriation of income, but also, because of its dominant position, remains unscathed from traditional methods of wealth redistribution (businessmen vs. wage-earners; tax collection vs. private… »

Transnational state capital can be just as harmful as its private counterparts. We need local, democratic and sustainable alternatives. Milan Babic for OpenDemocracy This article is part of ourEconomy’s ‘Decolonising the economy’ series. In a 2001 essay, Naomi Klein passionately called for “reclaiming the commons” in… »

The soil of Latin America stores enormous quantities of valuable mineral raw materials, necessary for the countries of the continent and for the world economy. The countries of South America have large tracts of land and forests. Some border seas rich in fish. In contrast to the material wealth of… »

An economic system that serves everyone and the planet is necessary for our survival. Here are some guiding principles. By David Korten for openDemocracy We’re running out of time. There’s spreading awareness of the institutional failure that is driving humans toward self-extinction, and related calls for a deep… »