Geopolitical Realism Utilized by Obama and Trump

Geopolitical Realism Utilized by Obama and Trump

Donald Trump’s stance towards the Turkish intervention in northern Syria has some (stress some) resemblance to his predecessor Barack Obama’s position on Ukraine. Obama like Trump, saw a reasoned basis for limiting US military involvement in Syria. In the background, is a degree of bipartisan (Republican and Democrat) opposition to this foreign policy approach. Within…

The Lies of Capitalism

The Lies of Capitalism

Neoliberals love to quote the World Bank’s rosy statistics about capitalism lifting hundreds of millions out of poverty. Unfortunately, those statistics are skewed and manipulated to the point of outright prevarication, as Seth Donnelly demonstrates in his new book, “The Lie of Global Prosperity.” He quotes a breathless World Bank press release, “soon 90 percent…

Austerity without End. Neoliberal Reforms and Labour Rights

Austerity without End. Neoliberal Reforms and Labour Rights

In 2019, the now 187-member International Labour Organization celebrated its 100th anniversary. As one of the oldest agencies of the United Nations, the ILO used the occasion to renew calls for improved opportunities and working conditions, social protections and collective bargaining rights. The ILO’s Global Commission on the Future of Work (2019, 2) proposed a…

Neoliberalism Has Met Its Match in China. We’re in a Trade and Currency War

Neoliberalism Has Met Its Match in China. We’re in a Trade and Currency War

When the Federal Reserve cut interest rates on July 31st for the first time in more than a decade, commentators were asking why. According to official data, the economy was rebounding, unemployment was below 4%, and GDP growth was above 3%. If anything, by the Fed’s own reasoning, it should have been raising rates. The…