Global Economics

Living in Epoch-Defining Times: Food, Agriculture and the New World Order

January 18, 2022 UNAC Editor Agroecology, Capitalism, Global Economics, GMO Argriculture

by Colin Todhunter, published on Countercurrents, January 6, 2022 Farmerless farms manned by driverless machines, monitored by drones and doused with chemicals to produce commodity crops from patented genetically engineered seeds for industrial ‘biomatter’ to be processed and constituted into something resembling food. Data platforms, private equity firms, e-commerce giants and AI-controlled farming systems. This is the future that big agritech[…]

COP26: Greenwashing and Plutocratic Misadventures

November 21, 2021 UNAC Editor Capitalism, Climate Change, Global Economics, Resistance

by Ajamu Baraka, published on Black Agenda Report, November 17, 2021 For all the policy failures of COP26 it may actually be an inflection point in history — a point where social and political conditions force a transformation of consciousness and politics that can usher in epochal change. COP 26 reaffirmed what has been obvious from the beginning: the Northern[…]

U.S. Workers are Being Pushed Into an Abyss

October 4, 2021 UNAC Editor Capitalism, Global Economics, Labor

by G. Dunkel, published on Workers World, September 7, 2021 For many U.S. workers — especially low-wage workers — it has suddenly become much more difficult to put food on the table and to keep a roof over these tables. The Department of Labor estimates 9.2 million workers are enrolled in programs providing unemployment aid to workers affected by the[…]

World Police: Washington Seeks to Imprison Foreign Businesspeople for Violating Illegal US Sanctions

May 6, 2021 UNAC Editor Global Economics, Imperialism, Lawfare, Sanctions and Economic Warfare

by Stansfiield Smith, published on The Grayzone, April 27, 2021 In violation of international law, the US is seeking to extradite and imprison foreign business people for circumventing its unilateral sanctions. Washington’s targets include Venezuelan national Alex Saab, North Korean Mun Chol Myong, and Chinese Huawei executive Meng Wanzhou. (Aquí se puede leer este artículo en español.) The United States[…]

Greenwashing Acts of Land-Grabbing

March 20, 2021 UNAC Editor Africa, Biofuels, Global Economics, Indigenous peoples

by Phoebe Holmes, published on Consortium News, March 15, 2021 Mozambique has been labeled by pro-capitalist actors as one of the most “promising” African countries for an economically successful biofuels sector. The country’s apparent underutilization of its agricultural landscape, and combined abundance of low-cost labor, aligns perfectly with the biofuels investment profile devised by international institutions such as the World Bank.[…]

Why the US Can Keep Increasing its Debt and not Suffer Inflation, P2

September 18, 2020 UNAC Editor Austerity, Capitalism, Economics, Global Economics, Imperialism

by Stansfield Smith, published on the Orinoco Tribune, September 15, 2020 A primer on US Hegemony and the global economy. Part 1 is HERE The US Still Dominates the World Economy The US ruling class has dominated the planet since the end of World War II. Key elements of this control include its military superiority in nuclear and conventional weapons,[…]

Why Capitalism Can’t Cure Global Pandemics

May 24, 2020 UNAC Editor Capitalism, Global Economics

By Prabir Purkayastha, published on The Bullet, May 14, 2020 We frequently hear that COVID-19 is the worst pandemic since the influenza of 1918. It is forgotten that another pandemic known as “the third plague” (because it was “the third major bubonic plague outbreak to affect European society”) killed millions from the 1890s to the 1950s in Asia’s southern, southeastern,[…]

A Trigger For a Crisis Driven by Profit

April 6, 2020 UNAC Editor Capitalism, Economics, Global Economics

By Claudio Katz, published on Workers World, March 30, 2020 Katz is an economist and a professor at the University of Buenos Aires. His website is lahaine.org/katz. Published with his permission. Translation by John Catalinotto. March 13 — The global economic crisis is deepening at a rate as dizzying as the pandemic. The reduction in the economic growth rate and[…]

The Fed’s Baffling Response to the Coronavirus Explained

March 15, 2020 UNAC Editor Capitalism, China, Global Economics, Healthcare

by Ellen Brown, published on Global Research, March 12, 2020 When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points or over 10%. In an attempt to contain the damage, on March[…]

Leaked Documents Show Brazil’s Bolsonaro Has Grave Plans for Amazon Rainforest

September 1, 2019 UNAC Editor Capitalism, Global Economics

by Manuella Libardi, published on Open Democracy, August 21, 2019 Leaked documents show that Jair Bolsonaro’s government intends to use the Brazilian president’s hate speech to isolate minorities living in the Amazon region. The PowerPoint slides, which democraciaAbierta has seen, also reveal plans to implement predatory projects that could have a devastating environmental impact. The Bolsonaro government has as one[…]