Calls to reform the Security Council have been made many times in the past, but Ramzy Baroud says Beijing’s position is particularly important in both language and timing.
Global South Aims to Fix the UN
Category: Economy
The Invention of the Modern Corporation
The modern corporation began in 16th century England with the Muscovy Company’s innovative way of raising money for the long journey to Russia, writes Matt Kennard.
Austerity & a New Cold War With China
Vijay Prashad says the expanding IMF-driven debt crisis, which has converted the idea of “financing for development” into “financing for debt servicing,” bears watching while China waives debt to 17 African nations.
Amnesty Calls for ‘Social Protection’ Rather Than Social Repression
Amnesty lamented that governments have turned to “repression and unnecessary and excessive use of force” against struggling demonstrators instead of addressing their core concerns, such as high food prices and paltry wages.
The Poverty Trap
Lower interest rates and longer-term paybacks that match the pace of underlying social progress are key to successful development finance, writes Jeffrey Sachs.
US Remains Largest Military Spender by Far
The Stockholm International Peace Research Institute’s data shows that Washington spends three times as much on its military than China, the second-largest spender, Ashik Siddique reports.
There Is Wealth, But No Life in the Factories
The class struggle is alive and well, writes Vijay Prashad. Although one of the weaknesses of our time is that massive mobilizations have not been easily converted into political power.
Ukraine’s Big Mistake
From criminality during Perestroika and privatizations to the problem with Russia’s “imperialist war” designation, Natylie Baldwin discusses a wide range of subjects with the author of The Catastrophe of Ukrainian Capitalism.
You Are Reading This Thanks to Semiconductors
Digital technology can be used to solve so many human dilemmas, writes Vijay Prashad. And yet, here we are, at the precipice of a conflict to benefit the few over the needs of the many.
Chris Hedges: The Enemy from Within
The war industry, a state within a state, disembowels the nation, stumbles from one military fiasco to the next, strips us of civil liberties and pushes us towards suicidal wars with Russia and China.