Perspectives on Geopolitics, History, and Political Economy

The Shocking Reality of a Future of Shrinking Jobs

The Shocking Reality of a Future of Shrinking Jobs

Apr 21, 2017

Republished with permission from ALTERNET. A stunning 94 percent of the 9 million new jobs created in the past decade were temp or contract-based gigs. By Paul Buchheit / AlterNet The jobs reports would have us believe our rebound from the recession is almost complete. The reality is very different. The Economist has some fancy words for it: “Job...

Inside Unilever’s sustainability myth

Inside Unilever’s sustainability myth

Apr 13, 2017

Originally published on New Internationalist   By Dahpne Dupont-Nivet, Anouk Ruhaak, Marije Schuurs, Jaap Tielbeke and Emiel Woutersen of platform Investico in Amsterdam. ‘When is the last time you heard a CEO at this level have these types of conversations?’, the excited host of the Social Good Summit asks the audience. Paul Polman, Unilever’s chief...

Too Late to Compensate Free Trade’s Losers

Too Late to Compensate Free Trade’s Losers

Apr 13, 2017

Commentary from Project Syndicate By Dani Rodrik CAMBRIDGE – It appears that a new consensus has taken hold these days among the world’s business and policy elites about how to address the anti-globalization backlash that populists such as Donald Trump have so ably exploited. Gone are the confident assertions that globalization benefits everyone: we must, the...

The Robots are Coming, your Job is at Risk

The Robots are Coming, your Job is at Risk

Mar 17, 2017

Global Geopolitics and Political Economy Net – IPS   By By Martin Khor Martin Khor is Executive Director of the South Centre, a think tank for developing countries, based in Geneva. PENANG, Mar 15 2017 (IPS) – Last year Uber started testing driver-less cars, with humans inside to make corrections in case something goes wrong. If the tests go well,...

Trump’s Economic Labyrinth

Trump’s Economic Labyrinth

Mar 12, 2017

Commentary from Project Syndicate US President Donald Trump is finally getting down to the hard work of trying to please his blue-collar supporters and his administration’s resident plutocrats. The results so far are as incoherent as the electoral coalition that brought him to power. By Project Syndicate Donald Trump’s economic-policy agenda during the 2016 US...

Housing Bubble Déjà Vu

Housing Bubble Déjà Vu

Mar 10, 2017

Commentary from Project Syndicate By Mark Roe CAMBRIDGE – The 2008-2009 financial crisis exposed a serious weakness in the global financial system’s architecture: an overnight market for mortgage-backed securities that could not handle the implosion of a housing bubble. Some nine years later, that weakness has not been addressed adequately. When the crisis...

Germany’s Misunderstood Trade Surplus

Germany’s Misunderstood Trade Surplus

Mar 7, 2017

Commentary from Project Syndicate By Marcel Fratzscher BERLIN – Now that Germany’s current-account surplus has reached a record €270 billion ($285 billion), or close to 8.7% of GDP, the ongoing debate about its economic model has intensified. Eurozone politicians and Donald Trump’s administration in the United States are each blaming the other for the economic...

The Financial Fire Next Time

Commentary from Project Syndicate By Simon Johnson WASHINGTON, DC – In early 2007, the worst financial crisis in almost 80 years began to unfold, coming to a head 18 months later with the collapse of Lehman Brothers and shock waves felt around the world. Desperate government measures saved us from Great Depression II, and officials vowed “never again” would we...

A Tax on Robots?

A Tax on Robots?

Mar 1, 2017

Commentary from Project Syndicate By Yanis Varoufakis ATHENS – Ken makes a decent living operating a large harvester on behalf of farmer Luke. Ken’s salary generates income tax and social security payments that help finance government programs for less fortunate members of his community. Alas, Luke is about to replace Ken with Nexus, a robot that can operate...

Stemming Illicit Financial Outflows

Stemming Illicit Financial Outflows

Feb 28, 2017

Global Geopolitics and Political Economy Net – IPS   By Jomo Kwame Sundaram Jomo Kwame Sundaram, a former economics professor and United Nations Assistant Secretary-General for Economic Development, received the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought in 2007.   KUALA LUMPUR, Malaysia, Feb 28 2017 (IPS) –...

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