For sustainable recovery from the COVID-19 global economic shock, it’s imperative to break from policy choices that produce a concentration of economic power and wealth in a limited section of the economy but old habits, die hard warns UNCTAD’s Richard Kozul-Wright.
Producer - Lynn Fries
Corporations have stepped beyond lobbying governments. They are integrating in policy making at the national and international levels. Decisions historically taken by governments are increasingly taken by secretive unaccountable bodies run by corporations says Nick Buxton describing The Great...
Intellectual property like pharmaceutical patents is one reason so many people face a long wait for COVID-19 vaccines says Dean Baker. GPEnewsdocs
Allied with landlords and monopolists, the finance sector is extracting economic rents from the economy that’s impoverishing US government, industry and labor says Michael Hudson discussing the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis.
The governments of India and South-Africa backed by about 100 countries and counting are calling for a waiver on patents over COVID-19 related medicines and equipment. Headquarter countries of Big Pharma are opposing it. The debate is going on at the WTO and will be decided soon.
Peter Drahos’ Survival Governance: Energy and Climate in the Chinese Century shows why US corporate-centric strategies, from shale production to carbon capture are a failure. A radically different model has to be embraced.
Paul Jay Hola! Soy Paul Jay y bienvenidos al podcast de theAnalysis.news Este episodio se produce en colaboración con Other News. Other News es una plataforma de prensa internacional que difunde análisis, ideas e información sobre temas globales en inglés, español e italiano. Puede encontrarla en...
Prabhat Patnaik reflects on the COVID-19 shock that has worsened the crisis triggered by globalized finance. Only two possibilities emerge: restructure capitalism by controlling finance, or let the tendencies towards very coercive forms of fascism grow.
Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each and every EURO member.
Richard Kozul-Wright explains why these challenges need to be addressed at once in a transformative agenda. The COVID-19 crisis shows that funding can be made available; the problem is the lack of political will to confront the Wall Street consensus.
The coronovirus pandemic exposes the consequences of taking the neoliberal road decades ago, explains Prof Radhika Desai. She discusses the failures of the Western capitalist system and the need to reorient our societies and economies.
For African countries, the potential effects of an economic crisis unfolding from the Covid-19 pandemic would be even more disastrous under the Pan-African project of a monetary union. For background on why, we feature a talk by Riaz K. Tayob