Category: Labor / Economics
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The true scale of the global North’s economic appropriation of the South
A newly published report has found that the “advanced economies” of the global North rely much more intensively on appropriation of resources and labour from the global South than previous studies have suggested. The authors of the study bring forward the hidden costs of traded goods from the South by evaluating the scale of exploited…
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Review of “No Bosses” by Michael Albert
Review of No Bosses: A New Economy for a Better World, by Michael Albert (Zero Books, 2021) For more than forty years, Michael Albert has been a tireless advocate for the left to develop a clearer and more fully articulated vision of the world we wish to create. As a founder (with his recently departed…
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The Great Recoil of Neoliberal Globalization
The current political era is best understood as a “great recoil” of economic globalization. It is a moment when the coordinates of historical development seem to be inverting, upsetting many of the assumptions that dominated politics and economics over the last decades. This moment corresponds to the “second movement” socialist economic historian Karl Polanyi described…