“Let me be clear: capitalism without competition isn’t capitalism. It’s exploitation.”, US President Biden tweeted when signing an executive order to expand competition across the economy and crack down on monopolistic practices…
Global Economy
Imperialism meets in Cornwall
Crowding into the holiday resort of Carbis Bay, the G7 leaders will not be joined by the likes of China or Russia, who are excluded from the deliberations but as hosts to this jamboree, the UK has invited like-minded leaders from Australia, India, South Africa, and South Korea.
Self-Extinction of Neoliberalism? Don’t Bet on It.
This article was first published in New Politics . For the second time since the turn of the century, governments in North America and Europe are intervening massively with public funds and in conjunction with central banks to bail out entire sectors of the economy and prevent a general economic […]
Coronavirus and the global economic crisis: A crisis triggered by greed for profit
The global economic crisis is deteriorating at a rate as dizzying as the pandemic is. The reduction in economic growth and the sudden halt in China’s production system are now behind us. Now the price of oil has collapsed, stock markets have plummeted and panic in the financial world has […]
Capitalist crisis, “deglobalization,” and the Left’s challenges
This speech by Manuel Garí of Anticapitalistas and the editorial board of Viento Sur in the Spanish state was presented to the national convention of International Workers Left (DEA) in Athens, Greece, last December. In it, he discusses economic and political perspectives for the world, for Europe and for the […]
