globalization

80% of the population of the USA do not trust and do not appreciate either of the two candidates. The strongest argument for voting Trump is not so much what he says as opposition to Clinton being elected. And the main argument for voting Clinton is not to have Trump elected!

C’était le seul prix Nobel d’économie français. Né le 31 mai 1911, il part aux États-Unis dès sa sortie (major X31) de Polytechnique en 1933 pour étudier in situ la Grande Dépression qui a suivi la Crise de 1929. Ironie de l’histoire, il a ainsi pu réaliser une sorte de “jonction” entre les deux Crises majeures du siècle. Son analyse, percutante et dérangeante, n’a malheureusement pas été entendue faute de relais.

The western financial crisis of 2007-8 was the worst since 1931, yet its immediate repercussions were surprisingly modest. The crisis challenged the foundation stones of the long-dominant neoliberal ideology but it seemed to emerge largely unscathed. The banks were bailed out; hardly any bankers on either side of the Atlantic were prosecuted for their

The persistent unpopularity of France’s socialist leaders is not a national exception attributable to poor employment figures or the renunciation of the left’s main ideas. The US and most other European countries have also witnessed the end of the ideological cycle of the “third way”, personified 20 years ago by Bill Clinton, Tony Blair, Felipe González,

The process of globalization is in retreat. The latest victim of the global economic slowdown is international trade: after tumultuous growth in the last 26 years, disrupted only temporarily by the financial crisis of 2008-2009, the estimated volume of goods and services traded globally has been stalled for more than 18 months around $13 trillion. So

ick Xenophon says the Turnbull government is fundamentally misguided if it believes a concerted public advocacy effort can turn around a broad-based electoral backlash against globalisation and free trade.

The effects of of globalisation on income distributions in rich countries have been studied extensively. This column takes a different approach by looking at developments in global incomes from 1988 to 2008. Large real income gains have been made by people around the median of the global income distribution and by those in the global top 1%. However, there

If good and thoroughly decent people shy away from the completely provable truth then we must all expect the Orwellian ‘globalisation’ cell door to...

Populist opposition to international integration is on the rise in much of continental Europe and has always been the norm in Latin America. The question now is what should be the guiding principles of international economic policy? How should those of us — who believe that the vastly better performance of the global system after the second world war than after the first world war is largely due to more enlightened economic policies — make our case?

The defence of national sovereignty, like its critique, leads to serious misunderstandings once one detaches it from the social class content of the the strategy in which it is embedded. The leading social bloc in capitalist societies always conceives sovereignty as a necessary instrument for the promotion of its own interests based on both capitalist exploitation of labour and the consolidation of its international positions.