Demowp

Tag: Economics

  • Unbecoming American: At Election Time

    2024 is a year full of elections. For what they are worth they also present a display of the wealth and poverty of language with which active and passive electorates are confined, at least to the extent there is any serious effort to relate the utterances incidental to the process with the lived reality such […]

  • The Washington Post Bashes Xi Jinping

    In the age of disinformation and artificial information, Jeff Bezos’ Washington Post (WaPo) manages to have some credibility. After its February 22 editorial, “Mr. Xi is tanking China’s economy,” Jeff Bezos would be wise to sell the newspaper. If those who lead the Editorial Board make childish mistakes and recite obvious falsehoods, can anyone believe […]

  • The Battle for Income Equality

    Questioning the statistics in Thomas Piketty’s best-selling book, Capital in the Twenty-First Century, with intent to undermine his thesis, is futile. Even if Piketty’s alert that returns on investment have exceeded the real growth of wages and economic output, which means that the stock of capital is rising faster than overall economic output, is not […]

  • Paradise: A Dystopian Anti-Capitalist Gem

    ​The 2023 German film Paradise went virtually unnoticed by commentators on the socialist left. Yet, it is amongst the best dystopian anti-capitalist films produced in the decade. The film follows the life of Max, an employee of Aeon, a company that buys life years from the poor to give them to the rich. Yes, you […]

  • Blood and Oil in the Orient: A 2023 Update

    Blood and Oil in the Orient: A 2023 Update

    The Hamas-Israel War The 2023 war between Hamas and Israel elicits many different explanations. As with previous regional hostilities, here too, the pundits and commentators have numerous overlapping processes to draw on – from the struggle between the Zionist and Palestinian national movements, to the deep hostility between the Rabbinate and Islamic churches, to the […]

  • An Overdue Look at the Environmental Crisis

    “When I use a word,” Humpty Dumpty said in rather a scornful tone, “it means just what I choose it to mean — neither more nor less.” “The question is,” said Alice, ‘whether you can make words mean so many different things.” “The question is,” said Humpty Dumpty, “which is to be master — that’s […]

  • The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World

    The IMF’s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World

    Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny – but gets little to no […]

  • Poverty in Greece

    New York Times published a news article “Greece, Battered a Decade Ago, Is Booming” by Liz Alderman, with additional reporting from Niki Kitsantonis (Monday, Sept. 25 / in print on Saturday, Sept. 30, Section B, Page 1 with the headline: “A New Era of Prosperity for Greece”). The article informs us that Greece was hit by an economic crisis […]

  • Policing and Policy

    To start with an anecdote of my personal intellectual history, I have to recall reading The Gulag Archipelago as a youth. There were two things that impressed me about this work although I later came to view much of the author’s assertions to be questionable and distorted. However, if one reads the entirety of Solzhenitsyn as […]

  • Beneath the Polycrisis Is the Singular Dilemma of Humanity Called Capitalism

    Beneath the Polycrisis Is the Singular Dilemma of Humanity Called Capitalism

    Tsherin Sherpa (Nepal), Lost Spirits, 2014. Dilemmas of humanity abound. There is little need to look at statistical data to know that we are in a spiral of crises, from the environmental and climate crisis to the crises of poverty and hunger. In 1993, the philosophers Edgar Morin and Anne-Brigitte Kern used the term ‘polycrisis’ […]

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