Tag: economics

Brazil’s Indigenous peoples mobilise against encroachment on their lands

Deni Farm, owner Edilson Pereira Duarte”; “Mato Grosso Farm, owner Vanderlei Martins de Oliveira”. These two signs, incorporating the Brazilian flag, are nailed to trees on either side of the road leading to Kapot village, in the Capoto/Jarina Indigenous Land, northern Mato Grosso state. A barrier spans the road leading into Kapot. Drivers must get… Read More Brazil’s Indigenous peoples mobilise against encroachment on their lands

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World’s central banks financing destruction of the rainforest

Andrew Downie in São Paulo Some of the world’s biggest central banks are unwittingly helping to finance agri-business giants engaged in the destruction of the Brazilian Amazon, according to a report published on Wednesday. The Bank of England, the US Federal Reserve and the European Central Bank are among the institutions that have bought millions of… Read More World’s central banks financing destruction of the rainforest

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The Publicity-Shy Funds Backing Gautam Adani’s Massive Empire

Andy Mukherjee – Bloomberg Gautam Adani’s rise to the No. 2 spot in global wealth rankings, crafted chiefly from shares traded in the local market, deserves to be in the spotlight – as much as a poster child of Narendra Modi’s “Make in India” self-reliance as an opportunity for some much-needed transparency about the tycoon’s… Read More The Publicity-Shy Funds Backing Gautam Adani’s Massive Empire

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Multinational Corporations and COVID-19: Intellectual property rights vs. human rights

PUBLIC GOODS  •  September 1, 2021  •  Peter Rossman he multilateral trading system anchored by the WTO is not confined to cross-border trade in physical goods. It was also designed to protect corporate knowledge monopolies. Developing countries were told that strict adherence to the rules of ‘free trade’, codified and enforced by the WTO, would enhance their… Read More Multinational Corporations and COVID-19: Intellectual property rights vs. human rights

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Understanding Capitalism

K. VELA VELUPILLAI A review article around Anwar Shaikh’s ‘Capitalism’, now turning into a classic Capitalism: Competition, Conflict, Crises by Anwar Shaikh ‘Capitalist history is played out on a moving stage.’- Shaikh, 2016, p. 50 (see also p. 5; italics added). The Book 1  by Anwar Shaikh 2  which is reviewed here was published a little over six years ago;… Read More Understanding Capitalism

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Walter Benjamin: Capitalism as Religion (1921)

One can behold in capitalism a religion, that is to say, capitalism essentially serves to satisfy the same worries, anguish, and disquiet formerly answered by so-called religion. The proof of capitalism’s religious structure – as not only a religiously conditioned construction, as Weber thought, but as an essentially religious phenomenon – still today misleads one… Read More Walter Benjamin: Capitalism as Religion (1921)

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Brutal lockout in New Zealand mill town a stark portrait of capitalism’s failed hopes and broken promises

Morgan Godfery In 1948, when my Koro (grandfather) was born, the town of Kawerau was little more than a strip of old homesteads on the road between Rotorua and Whakatane. It had a Presbyterian church and a marae, but the nearest school and store were in the next town over – a 10-minute drive through… Read More Brutal lockout in New Zealand mill town a stark portrait of capitalism’s failed hopes and broken promises

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Anti‑Capitalism Is Cool. When Will It Be Revolutionary Again?

By Rohitha Naraharisetty Lately, there’s been talk of revolution. Not just any, the revolution, with a capital R. There’s some who speak of it in dating app bios and others who are waiting for its “sweet release” in Instagram captions of unrelated scenic photos. Still others express it through memes about eating the rich. But for all the… Read More Anti‑Capitalism Is Cool. When Will It Be Revolutionary Again?

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