Demowp

Tag: Economy

  • China Changes Everything: A Book Review

    A new book edited by Kyle Ferrana, China Changes Everything, bills itself as an anthology by “social justice activists, journalists, and commentators” and brings together chapters about the People’s Republic of China written by prominent left-wing analysts, including Arnold August, Roger Harris, Radhika Desai, Carlos Martinez, Gerald Horne, Lee Siu Hin, Margaret Kimberley, Danny Haiphong, […]

  • Whatever Happened to Trump’s “Golden Age” for American Workers?

    Although Donald Trump’s Department of Labor announced in April 2025 that “Trump’s Golden Age puts American workers first,” that contention is contradicted by the facts. Indeed, Trump has taken the lead in reducing workers’ incomes. One of his key actions along these lines occurred on March 14, 2025, when he issued an executive order that scrapped […]

  • Charter Schools Continue to Neglect Special Needs Students

    One of the most common and persistent criticisms made about charter schools over the last 30+ years is that they frequently shortchange special needs students. Every year numerous articles appear on this troubling topic and highlight the refusal of the charter school sector to overcome this nagging problem and put it behind them once and […]

  • The Proof is in the Pudding: A Few Comments on Socialism with Chinese Characteristics

    Anyone interested in socialism in the twenty-first century must take into account what is happening in China seriously. It’s future economic supremacy will either shape global capitalism, which socialists worldwide will have to respond to or the future of socialism will be determined by China’s planned transformation toward a socialist economy          […]

  • Compound Interest Is Devouring the Federal Budget

    Compound Interest Is Devouring the Federal Budget

    Albert Einstein is often quoted as saying that compound interest is “the most powerful force in the universe.” The quote is probably apocryphal, but it reflects a mathematical truth. Interest on earlier interest grows exponentially, outrunning the linear growth of revenue and eventually consuming everything. That is where the United States now stands. The government […]

  • Everlasting Collapse: 70 Years’ Predictions of China’s Imminent Doom

    From 1980-2008, EU GDP grew 2.7%, the US 3%, and China 9% . Since then, the EU has averaged 1.5%, the US 1.8% and China 7%. In other words, China’s economy has grown 300% faster than Western countries’ and, as they slip out of the top bracket of high income countries, China is entering it. […]

  • BRICS Will Fail to Deliver Anti-imperialism

    BRICS Will Fail to Deliver Anti-imperialism

    Multipolarity — the idea that there are more than one decisive economic actors in the global economy — is an important fact. More than anything else, the rise of the People’s Republic of China demonstrates that fact. The size and rate of growth, along with the expansive Belt and Road Initiative, establishes that the PRC […]

  • People’s Response to APEC: Breakdown or Breakthrough?

    People’s Response to APEC: Breakdown or Breakthrough?

    The Doomsday Clock advances 10 seconds closer to midnight. Global temperatures rise beyond 1.5°C. Forests burn. Hurricanes intensify. Meanwhile, countries produce bombs and bullets, the New Cold War inches us closer to nuclear annihilation, and US President Donald Trump extorts the world. The response of the Asia-Pacific Economic Cooperation (APEC) is to draw from the […]

  • The UN’s Financing Crisis: Who Pays, Who Doesn’t, and Why China’s Delays Matter

    The United Nations is facing one of the gravest financial crises in its history. According to the UN Secretariat, by late 2025, only 145 of its 193 member states had paid their assessed contributions in full. That leaves 48 countries behind on their obligations, with total arrears amounting to $1.87 billion. The consequences are severe: […]

  • Ages in Turmoil: The Rise and Fall of States in and out of Yankeedom

    Author, Bruce Lerro, Co-founder and Co- Manager for Socialist Planning Beyond Capitalism Orientation Does history have any rhyme or reason? Mostly liberal historians insist that there are no patterns of history and that all historical periods are unique. Other historians such as Danilevsky, Spengler and Sorokin claim that history runs in cycles. Peter Turchin, author […]

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