The U.S. Treasury Secretary and U.S. Postal Service leaders appear to be exploiting the pandemic to hold the Postal Service to unreasonable loan terms without even consulting Congress.
Category: Economy
Chris Hedges: America’s Social Hell
EU Reluctantly Aids Southern Europe—With Strings Attached
During the pandemic it has been every EU nation for themselves until this very late and reluctant deal from the rich North, writes Diana Johnstone.
COVID-19: Time to Cancel Foreign Debt is Overdue
In the face of “three pandemics” — coronavirus, unemployment and famine — Vijay Prashad says meager debt-suspension programs are not enough.
What Will Lula Do?
Pepe Escobar says revelations of major money laundering in Brazil give the former president an opening to go for broke.
COVID-19: Why Laos, Vietnam & China Have Beaten the Virus and India, Brazil and the US Have Not
Vijay Prashad explores the differences between the pandemic responses of a few countries with socialist governments and others in the capitalist order.
COVID-19: Rot Exposed By Pandemic Augurs a Future of Fear
Vijay Prashad raises deep questions about the exhaustion of the global capitalist system in a time of great human suffering.
LEE CAMP: The Life-Saving Covid-19 Drugs You’ve Never Heard Of (and Why)
Must cut-throat late-stage capitalism always be so predictable?
Meritocracy Legitimizes & Deepens Inequality
A system that is seemingly based on ability has become the new means for exclusion, writes Jomo Kwame Sundaram.
UPRISING: Police, Prisons & the Pentagon
In the era of Covid-19, climate change and an increased focus on longstanding structural racism, a new approach to “security” is desperately needed, writes William D. Hartung.