Economics

The correct information about how terrible the picture of poverty in the world  is revealed in a statistic. The situation in India is the most critical in the world. According to the latest poverty index, 1100 million people in the…

How the custom steel fabrication and design company Crucible built a “gravel road” for other Montana worker co-ops to follow. By Damon Orion Worker cooperatives—businesses owned and democratically managed by their employees—have shown high rates of economic stability, employee retention,…

Climate change is accelerating at an alarming rate, altering the natural calendar of the natural environment. By Ibrahim Khalil Ahasan Crops are not being harvested at the right time, and water salinity and sea level are rising. Heavy rains, non-rainfalls,…

Fifty of the world’s richest billionaires on average produce more carbon through their investments, private jets and yachts in just over an hour and a half than the average person does in their entire lifetime, a new Oxfam report on…

During his stay in Kazan, the Venezuelan president met with the Russian leader, Vladimir Putin, and said he feels “very proud of the friendship” with Moscow. Venezuelan President Nicolás Maduro gave a speech at the plenary sessions in the BRICS+/Outreach…

October 22, 2024 – A letter addressed to President Biden has been published today in the NY Times, urging him to overturn Trump’s harsh Cuba policy during his final 90 days in office while Cuba is simultaneously going through a…

In a recent article, Gilbert Doctorow asks the question about Israel and the Middle East ( “More on tails wagging dogs and vice versa”) Which of the United States or Israel uses the other for its foreign policy? Is Israel…

The question yet stands: what potential countries with high aspirations are gearing to join BRICS+, an informal association of developing economies, during the forthcoming summit this October 22-24. In the context of preparations for the BRICS+ summit, a number of…

The worker-owned collective ChiCommons helps Chicago residents find local mutual aid-based organizations. By Damon Orion In July 2024, the Council Office of Financial Analysis (COFA) reportedthat Chicago, Illinois, was witnessing a struggling job market, a decrease in multifamily housing starts,…

Three were awarded the Nobel Prize in Economics for their research on global inequality: Daron Acemoglu, Simon Johnson, both from the Massachusetts Institute of Technology, and James Robinson, from the University of Chicago, shared this year’s prize for explaining differences…