Category: Economy

France Erupts Against Macron’s Pension Plan

Despite widespread opposition to raising the retirement age, many French lawmakers remain determined to fulfill the president’s election pledge to overhaul the nation’s pension system, Kenny Stancil reports.

Bolsonarism Without Bolsonaro

The World Bank has sounded the alarm, but the forces of “centrism” — beholden to billionaires and the politics of austerity — refuse to pivot away from the neoliberal catastrophe, writes Vijay Prashad. 

An Achievable Necessity

“It is easier to imagine the end of the earth than to imagine the end of capitalism.” Vijay Prashad reflects on the work of the Tricontinental: Institute for Social Research in developing a necessary worldview.  

A Case for Nationalizing US Airlines

Outside the United States, in countries ranging from Argentina and Malaysia to Finland and Fiji, airlines essentially operate as a public utility, not an opportunity for big CEO paydays, writes Sam Pizzigati. 

Health Workers in UK Intensifying Fight

Royal College of Nursing’s Pat Cullen says Prime Minister Sunak “should ask himself what is motivating nursing staff to stand outside their hospitals for a second day so close to Christmas.”

The Petrodollar’s Long Goodbye

As part of their concern about “currency power,” many countries in the Global South are eager to develop non-dollar trade and investment systems, writes Vijay Prashad.