Demowp

Tag: Economy

  • Why Are There No Slums in China?

    Why Are There No Slums in China?

    With over 20 million inhabitants each, Shanghai and Beijing are among the “hypercities” of the Global South, including Delhi, São Paulo, Dhaka, Cairo, and Mexico City, far surpassing the “megacities” of the Global North like London, Paris, or New York.1 Walking the streets in China’s cities, you will however, quickly notice one marked difference – […]

  • The World Needs a New Development Theory That Does Not Trap the Poor in Poverty

    The World Needs a New Development Theory That Does Not Trap the Poor in Poverty

    The Akosombo Dam in the Volta River, inaugurated in 1965 during Kwame Nkrumah’s presidency. In June, the United Nations’ Sustainable Development Solutions Network published its Sustainable Development Report 2023, which tracks the progress of the 193 member states towards attaining the seventeen Sustainable Development Goals (SDGs). ‘From 2015 to 2019’, the network wrote, ‘the world […]

  • The Federal Debt Trap: Issues and Possible Solutions

    “Rather than collecting taxes from the wealthy,” wrote the New York Times Editorial Board in a July 7 opinion piece, “the government is paying the wealthy to borrow their money.” Titled “America Is Living on Borrowed Money,” the editorial observes that over the next decade, according to the Congressional Budget Office (CBO), annual federal budget […]

  • The World Needs a New Socialist Development Theory

    The World Needs a New Socialist Development Theory

    Over the course of the past century, substantial changes have taken place in debates about social development. Dossier no. 66, The World Needs a New Socialist Development Theory, examines the historical evolution of development theory over four distinct eras, analyses the obstacles that stand in the way of development today, identifies processes that have the potential […]

  • The Rice Bowl of the Chinese People Is Held Firmly in Their Hands

    The Rice Bowl of the Chinese People Is Held Firmly in Their Hands

    Fan Wennan (China), 中国 2098: 太阳照常升起 (‘China 2098: The Sun Rises Just the Same’), 2019–2022. At the 2012 United Nations Conference on Sustainable Development held in Rio de Janeiro (Brazil), member states decided to replace the Millennium Development Goals (established in 2000) with Sustainable Development Goals (SDGs). The first SDG was to ‘end poverty in […]

  • Is China’s Export Control a Precise Counterattack against US, Japan and the Netherlands?

    Is China’s Export Control a Precise Counterattack against US, Japan and the Netherlands?

    A 2-inch (50.8 mm) gallium oxide wafer is displayed at Hangzhou International Science and Technology Innovation Center of Zhejiang University in Hangzhou, Zhejiang Province on May 30, 2022. Photo: VCG The measures taken by China in recent years to safeguard national security and interests have often been subjected to excessive interpretation and reaction from the […]

  • Economic Conditions Continue To Worsen For Millions

    Economic Conditions Continue To Worsen For Millions

    While the monopoly-controlled media incessantly promotes disinformation, incoherence, and irrationalism about the U.S. economy, real people are experiencing harder economic conditions with each passing month. Below are 30 recent statistics that bear this out. ***** “More than half — 54% — of American millennials and Gen Z are still financially dependent on their parents, according […]

  • China’s BRI: Toward a Hybrid International Order with Socialist Characteristics?

    This year marks the 10th anniversary of President Xi Jinping’s launch of China’s flagship, One Belt One Road (OBOR), later referred to as the Belt and Road Initiative (BRI). Echoing the historic Silk Road, the ancient trade network of Eurasia that connected the East and West, BRI is the most ambitious and expensive infrastructure plan […]

  • There’s too much Canada, not too little 

    There’s too much Canada, not too little 

    A kid that already has handfuls of candies wants to take another whack at the piñata before others have had their first turn. That about sums up the foreign minister’s position on Canadian power in international affairs. Canada needs greater international influence, according to Melanie Joly. While the Foreign Affairs Minister’s recent comment elicited some […]

  • MEP Mick Wallace: “What are the working-class people of Ukraine dying for?” 

    US neoconservatives like Victoria Nuland, Jake Sullivan and Tony Blinken are using Ukraine as the linchpin of their strategy to undermine and destabilise Russia.   Since the start of the conflict in February 2022, billions of dollars’ worth of military hardware has been sent to Ukraine by the EU. By late February 2023, it had forwarded […]

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