World

Analysis Global Economy World

AI and productivity

In the early 19th century at the start of the industrial revolution in Britain, a group of skilled weavers tried to resist the introduction of machine weaving in the early 19th century by various means, including sabotaging and wrecking the machines. They were called Luddites. Now it seems that a form of Luddism has returned over AI. Just as the Luddites had a case about protecting their livelihoods, so do Gen Z workers now.

Analysis Latin America World

Trump: Cuba in the crosshairs

We oppose any U.S. invasion. We call for an end to the current U.S. blockade of oil deliveries. And we call for an end to the U.S. embargo that dates from the early 1960s. Moreover, if Cubans want to emigrate to the U.S., we welcome them along with all other immigrants who are targets of Trump’s xenophobia.

Analysis Global Economy World

All roads lead to stagflation

In the short term, global inflation is going to rise.  If the conflict lasts longer, then rising inflation will be joined by falling economic growth and the likelihood that even some of the major economies could slip into a slump.  Stagflation is certain and slumpflation is possible.

Analysis Middle East World

Iran war: A new phase of imperialist onslaught

This is a war whose potential devastation could eclipse all previous wars and armed conflicts in the region. The kind of destruction witnessed in Iraq, Libya, and Syria now looms over Iran. Meanwhile, only a short distance away, the destruction caused by the Pakistan–Afghanistan conflict continues unabated.

Analysis China World

What is left of the Chinese Left?

In the midst of the trade war between the US and China, quite a few among the international Left feel happy about Beijing “standing up to Trump’s bullying”. While we are temporarily entertained by Trump’s failure, we must not forget that any Xi victory in his counter-offensive always requires the people to pay the price.