neoliberalism
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A liberal elite still luring us towards the abyss By Jonathan Cook
A group of 30 respected intellectuals, writers and historians has published a manifesto bewailing the imminent collapse of Europe and its supposed Enlightenment values of liberalism and rationalism. The idea of Europe, they warn, “is falling apart before our eyes”, as Britain prepares for Brexit and “populist and nationalist” parties look poised to make sweeping… Continue reading
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On The Road to a Post-G20 World By Pepe Escobar
The trade war launched by the Trump administration against China may not have been solved by a 2½-hour dinner between Chinese President Xi Jinping and Donald Trump at the G20 in Buenos Aires on Saturday. But it may have opened a path towards a drastic realignment. Continue reading
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The neoliberal order is dying. Time to wake up By Jonathan Cook
In my last blog post I argued that power in our societies resides in structure, ideology and narratives – supporting what we might loosely term our current “neoliberal order” – rather than in individuals. Significantly, our political and media classes, who are of course deeply embedded in this neoliberal structure, are key promoters of the… Continue reading
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Death Is in Charge of the Clattering Train of US Security Policy By Martin Sieff
Does the US Deep State really want to provoke a thermonuclear world war with Russia, China and Iran at the same time? The recklessness and confusion of US policies provoking major crises on every side certainly suggests so. Yet the truth may be even more terrifying. Continue reading
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Brazil’s Neo-Liberal Fascist Road to Power By James Petras
The decisive electoral victory of far-right Brazilian presidential candidate, Jair Bolsonaro startled politicians and analysts of the traditional parties of the left and right. The possible implications for the present and near future raises a number of fundamental questions whether it represents a ‘model’ for other countries or is the result of the specific circumstances… Continue reading
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Theresa May Tells American Investors – Brexit Britain Is Up for Grabs By Graham Vanbergen
Britain will be “unequivocally pro-business” after it leaves the European Union, Theresa May has promised American investors. To neoliberal politicians, this was always the endgame. The prime minister told the Bloomberg Global Business Forum in New York that the UK will be the low tax, high-skilled place to invest after Brexit. Continue reading
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Trumponomics: Is Post-Fordism on Reverse Gear? By K M Seethi
US President Donald Trump has been speaking with hyperbole, over the last several months, that his ‘trade war’ with China, tough bargains with the European Union as well as the emerging economies (like India) would bring the ‘American glory’ back, besides generating more jobs in his country. More recently, Trump rolled out a red carpet… Continue reading
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Grenfell Tower: This is what Austerity looks like By William Bowles
If there’s anything that illustrates the murderous endgame of neoliberalism and what it means and does people, this is it! But this is also Baghdad and it’s Damascus and a dozen other places around the globe getting a dose of democracy. Here it’s simple neglect powered by greed but it’s committed by the same governments,… Continue reading
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Video: The European Revolt Against the Neoliberal EU (1/2)
Catarina Principe, co-editor of Europe in Revolt, says a left movement against austerity must pursue the restructuring of public debt, nationalization of key sectors, and public control of the banking system, but none of this can be done within the European Union (inc. transcript) Continue reading
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Video: Millions Around the World Fleeing from Neoliberal Policy
Economist Michael Hudson says neoliberal policy will pressure U.S. citizens to emigrate, just as it caused millions to leave Russia, the Baltic States, and now Greece in search of a better life (inc. transcript) Continue reading
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‘The time is here to be seized’ By A. Sivanandan
Neoliberalism is not working. All that stuff, about wealth trickling down, no society only individuals, the market as the regulator of everything, is shown to be false in terms of everyday reality. What Tory ideology has produced on the ground are closures to libraries, youth centres, hospitals, the selling off of whole housing estates, benefit… Continue reading
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Syriza’s Only Choice: A Radical Step Forward By Spyros Lapatsioras, John Milios, and Dimitris P. Sotiropoulos
The transitional “bridge Agreement” of the 20th of February is a truce intended by the Greek government and welcomed by the other side (the European “institutions”). Within the truce period (the next four months), the conditions for negotiating the next agreement will be shaped. This could mean that everything is still open. However, that is… Continue reading
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A Powerful Long-term Alliance Between China and Russia Is Unnerving Washington By Pepe Escobar
A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass — at the expense of the United States. Continue reading
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Video: Thousands across Europe rally against EU policies
Thousands of activists took to the streets of Germany and Spain on Saturday to protest the EU’s policies as the union prepares for parliamentary elections at the end of May. Continue reading
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War, Economic Catastrophe and Environmental Degradation. Under the Guise of Progress and Development By Colin Todhunter
The type of urbanisation being pursued in India is not ‘natural’, however, nor does it represent ‘progress’. It has thus far been largely based on unconstitutional land takeovers, the trampling of democratic rights, increasing and unsustainable resource usage and air and water pollution. But for Chidambaram and other supporters of cronyism, cartels and the manipulation… Continue reading
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China and the Crisis of Crisis Theory By Heiko Khoo
The recent BBC documentary called “How China Fooled the World” presented by Robert Preston claims that China’s economy is about to collapse. The program starts well: correctly showing that China’s state-owned enterprises dominate the economy and shape its development. However, it fails to adequately consider the advantages of this system of public ownership. Continue reading
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China and the multipolar world By Roman Pogorelov
There is every reason to believe that the growing confrontation between the West and Russia, which resulted in a conflict around Ukraine and Crimea, is an important milestone, marking a new stage in the struggle for the future world order. Moreover, the way the future will look, largely depends on China’s position in the international… Continue reading
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Phyllis Clarke Memorial Lecture: The Systemic Crisis of Financialization
Costas Lapavitsas teaches economics at the School of Oriental and African Studies, University of London. He has done research in the political economy of money and finance, the Japanese economy, the history of economic thought, economic history, and the contemporary world economy. Continue reading
The New Dark Age 