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Economics

George Monbiot: From coronavirus to public luxury

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…

Crisis Means Danger and Opportunity

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…

Tear Down the Racist Statues, End Racist Debt and Pay for Equalizing Reparations

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…

Note Six: The Just Distribution and Ethical Use of Property

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…

Neoliberalism is in critical condition

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…

Defund the Police, Defund the Military

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…

Caribbean Leaders Urge Global Response to COVID Pandemic

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…

How pandemics past and present fuel the rise of mega-corporations

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…

Does the coronavirus crisis make a no-deal Brexit more likely?

June is a critical month for EU-UK talks on a trade deal. If no progress is made this month, a no-deal Brexit looks inevitable. Is it possible that’s because of, rather than in spite of, the coronavirus crisis? On June…

Universal Basic Income, ie for Everyone.

This article continues a series that will attempt to briefly explain the different aspects of the Universal Basic Income (UBI) proposal. To see the full series of articles published on this same subject, click here. As the name suggests, the…

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