Trade

Ann Arbor (Informed Comment) – Boris Johnson’s government has achieved a relatively “hard Brexit” at the last minute, reaching a deal on its departure from the European Union. This is a triumph for British Trumpism, and it is no wonder that Trump himself was a cheerleader for it. It is economically a bad deal for […]

Banking

How the concentration of property rights within corporations has led to a rejection of democracy and a rise in inequality

British Policy and Politics

By Jean-Philippe Robé | – Jean-Philippe Robé discusses how multinational enterprises morphed into political organisations with global reach and power, but without the corresponding responsibilities. He argues that the concentration of property rights within corporations has led to the rejection of democracy as an ineffective system of government and to the rise in inequality. ( […]

China

China grows nearly 5%; Will historians look back at Trump’s disastrous Pandemic Response as the Moment Beijing Overtook the US?

Juan Cole

Ann Arbor (Informed Comment) – Even if Trump loses, he can go on screwing up the country for two and a half months thereafter, and it will take years to undo the damage he has done. Pandemics are the sort of thing you want to nip in the bud. If you let them go to […]

Donald Trump

How Trump brought us 11.1% Unemployment, lost Manufacturing Jobs, worsened Trade Deficits and Kowtowed to China

Juan Cole

Ann Arbor (Informed Comment) – Trump supporters often acknowledge that Trump’s personal style puts them off, but that they like his economic program. They agree that the trade deficit with China is too high and that the US should not let its manufacturing sector dwindle. The problem is that Trump’s rhetoric on those issues, like […]

China

GOP Death Cult Forbids Mandatory Masks, Keeping US in Crisis, as China Grows 3.2%

Juan Cole

Ann Arbor (Informed Comment) – Georgia governor Brian Kemp, one of the worst and most corrupt people in the world, is attempting to prevent municipalities in Georgia from fining people for refusing to wear masks to prevent the spread of the coronavirus. He is suing Atlanta over it. The question is not whether his obstructionism […]

Employment

The Fundamentalist Religion of the Market and COVID-19

Richard Foltz

Discussions on the role of religion in the contemporary world generally fail to take into consideration an argument advanced by David Loy more than twenty years ago: namely, that the dominant faith system practiced across the globe today is in fact that of so-called “free-market” capitalism, a self-serving ideology forcibly imposed by a worldwide plutocracy […]

Epidemics

To Help Stem Coronavirus, Lift the Sanctions on Iran

Foreign Policy in Focus

By Ariel Gold and Medea Benjamin, March 13, 2020. (Foreign Policy in Focus) – U.S. sanctions have gutted Iran’s economy and health system. In a pandemic, that’s a global public health threat. The COVID-19, or coronavirus, pandemic is far from the first proof of how intertwined we are as a global community. The climate crisis […]

Development

The Coronavirus has sent Stocks Plummeting – Could a Recession be Next?

The Conversation

By Michael Walden | – Fears are growing that the new coronavirus will infect the U.S. economy. U.S stocks are headed for their worst week since the 2008 financial crisis; companies including Apple and Walmart have been warning of potential sales losses from COVID-19 and the Centers for Disease Control and Prevention told Americans to […]

China

With Visa Ban, has Trump’s US just Lost Nigeria to China?

Juan Cole

Ann Arbor (Informed Comment) – Trump and his white nationalist pet Stephen Miller have placed Nigeria on their racist visa ban. But Nigeria is not Chad, and there could be serious repercussions for the United States of slapping around Africa’s most important country. Nigeria is Africa’s most populous country at over 200 million persons, and […]