economic recovery

Finance Has Become the Dominant Force in Shaping the Global Economy

October 24, 2017

Global inequality, household indebtedness, insufficient investment and stagnant economic recovery are the consequences of the dominance of large financial and corporate bodies in shaping globalization, explains Richard Kozul-Wright, UNCTAD’s chief economist

The War on Wages and the Fight for $15

September 16, 2016
Recent statistics from the US Census Bureau show improvement from 2014-2015, but in reality, wages are in a real decline and no mechanisms have been put in place to prevent another crash, says economist Richard Wolff

Europe

August 29, 2016
No nations in the European Union are experiencing a recovery, says economist Heiner Flassbeck

The Top Three Economic Stories of 2015

December 31, 2015

UMKC’s Michael Hudson breaks down how the increasing wealth gap, suppression of wages, and IMF rule changes are creating a battle between the classes

India

July 11, 2014
Jayati Ghosh critiques the first budget presented by new Indian prime minister Narendra Modi

Reality Asserts Itself - Robert Johnson

June 9, 2014
Mr. Johnson says the idea that you were going to cut taxes massively and this was going to lead to a growth in revenue and close the deficit was silly

Has Anglo-America Capitalism Run Out of Strategies?

March 25, 2014
On the 30th anniversary of the UK miners’ strike, George Irvin discusses the rise of inequality in Britain and the US since the 1970s

Western European Banks Vulnerable to Ukrainian Sovereign Debt Crisis

March 16, 2014

James Henry: European banks in countries like Germany and Austria have a vested interest in a stable Ukraine because of trillions in outstanding debt

Reactions to the State of the Union address

January 29, 2014
David Cay Johnston: Put in historical context, a $10.10 minimum wage is still substantially lower than it was in the 1960s