Tag: capitalism
-
Mazzucato’s Mission economy: a moonshot guide to changing capitalism
Book Review by Mark Howard, published in Review of Radical Political Economics (22 April 2024). [Mariana Mazzucato served as chair of WHO’s Council on the Economics of Health for All. See Final Report (May 2023). Howard’s assessment of her approach to ‘changing capitalism’ is relevant to an appreciation of the report to WHO. – DGL]…
-
Looming debt crisis, deepening inequality, lack of investment in climate mitigation and adaptation: UN Trade and Development calls for structural reform
Globally, in the first quarter of 2024, economic growth is slowing; private investment is stagnant, income inequality is increasing; and consumption expenditure is increasingly sustained by private borrowing. The UN Trade and Development Report Update (April, 2024) is a ‘must read’ for understanding the structure and direction of the global economy. Higher interest rates in…
-
Capitalism is the single greatest source of violence
By Jason Hickel, from Pearls and Irritations, 23 April 2024 What the present moment reveals, once again, is that Western aggression during the “Cold War” was never about destroying socialism, as such. It was about destroying movements and governments in the periphery that sought economic sovereignty. Why? Because economic sovereignty in the periphery threatens capital accumulation…
