China’s capitalist reforms are said to have moved 800 million out of extreme poverty – new data suggests the opposite

It has become an article of faith among many economists that China’s pro-market reforms of the 1980s and 1990s ushered in a sustained reduction in poverty. This narrative relies on figures from the World Bank, showing that over the past 40 years the number of people in China living in “extreme poverty” (less than US$1.90… Read More China’s capitalist reforms are said to have moved 800 million out of extreme poverty – new data suggests the opposite

What links Rishi Sunak, Javier Milei and Donald Trump? The shadowy network behind their policies

The dark-money junktanks, and the Atlas Network, are a highly effective means of disguising and aggregating power. They are the channel through which billionaires and corporations influence politics without showing their hands, learn the most effective policies and tactics for overcoming resistance to their agenda, and then spread these around the world. This is how democracies become new… Read More What links Rishi Sunak, Javier Milei and Donald Trump? The shadowy network behind their policies

A Year in Crises

NB: My one request to commentators on global affairs is this: could you please stop the journalistic shorthand ‘global north’ and ‘global south’? Or else give us a detailed list of those countries (are countries all there is?), which fall in either category? Is India ‘north’ or ‘south’? South Africa? Greece? Singapore? North Korea? Belarus?… Read More A Year in Crises

Brexit has completely failed for UK, say clear majority of Britons – poll

Toby Helm A clear majority of the British public now believes Brexit has been bad for the UK economy, has driven up prices in shops, and has hampered government attempts to control immigration, according to a poll by Opinium to mark the third anniversary of the UK leaving the EU single market and customs union. The survey… Read More Brexit has completely failed for UK, say clear majority of Britons – poll

No jobs and a bleak future: Has the political class failed India’s youth?

Bharat Bhushan The protestors in the Parliamentary attack of December 13, 2023 were clearly naive, and their method patently criminal. But even while policing failures are examined threadbare, their political message should not be lost. Ignoring caste and regional affiliations, they just wanted to send a message to the entire political class about youth unemployment. They appear… Read More No jobs and a bleak future: Has the political class failed India’s youth?

Palestine Economic Update: October November 2023

 Author: Palestine Economic Policy Research Institute – MAS Download attachment at above link ***************************************************** Israel wants to slay the monster next door, but with this lethal bombardment, it is feeding it The Guardian view on Gaza’s devastation: don’t look away. See the bigger picture too Repeal the Exclusionary Nation-state Law, for the Sake of All Israelis A Brief History… Read More Palestine Economic Update: October November 2023