Economic system

EEarlier this year, the official international climate science summary announced that we are facing an increase in disasters and disruption, with the most vulnerable suffering the most and the earlier. A leaked report from the same UN process identified the need for a transformation of our economic systems in a meaningful attempt to limit loss […]

Famine spread to the West following the crisis of 1929. All institutions were threatened. They only survived thanks to World War II. Already in the 18th century, British economists of nascent capitalism wondered about the sustainability of this system around David Ricardo. What was initially very profitable will eventually become commonplace and no longer enrich […]

Illustration by Anna Higgie In 1995, a young Patricia Zurita was researching freshwater dolphins in the Andean mountains when the last episode of border violence erupted between her home country, Ecuador, and neighboring Peru. The conservation work of his team has been turned upside down. Soon after, however, those same efforts helped settle the decades-long […]

Xi Jinping stands above the portrait of Mao Zedong. Lintao Zhang / Getty Images For a long time, analysts have attributed Chinese President Xi Jinping’s tributes to Mao Zedong to “political staging,” but a the Wall Street newspaper examination of Xi’s recent writings and speeches suggests that they should take him much more seriously. It […]

By Jennifer Nicoll Victor, Ph.D., George Mason University The economy is intimately linked to politics. Governments set economic policies that affect global markets, employment, wages, working conditions, and other factors affecting economic livelihoods. In turn, economics affects politics, sometimes in mysterious ways. In the United States, although there is a free market system, there are […]

To share Tweeter To share To share E-mail San Salvador, El Salvador, September 3, 2021, The bill passed by the Salvadoran government in June 2021 comes into force from September, and the entire nation is now preparing for a new form of trading system, which adds with Bitcoin. Residents of El Salvador can now use […]

It is one of the 38 winning blogs of the Blog4Dev 2021 competition, the World Bank’s annual writing competition in Africa, inviting young people to express themselves on a subject essential to the economic development of their country. Blog4Dev winners answered the question: How can young people work with their governments and civil society organizations […]

Of Juliana Taiwo-Obalonye, Abuja President Muhammadu Buhari pledged that Nigeria will continue to support the African Peer Review Mechanism (APRM) process in the country due to its benefits for good governance and democracy. It’s even how he described the exam as timely and convenient. He said the administration, with its mantra of change agenda, has […]

A majority of young Britons would like to live in a socialist economic system, new research shows. Millennials reject capitalism and firmly blame the housing climate change crises on its doorstep. They think socialism, on the other hand, is a good idea that has simply been done badly in the past. The survey of young […]

Americans have again been told that the billionaire class in the United States pays no taxes. No wonder, since the Fortune 500 and Wall Street generally don’t pay taxes either.As the rich get richer without paying taxes, the poor will be kicked out at the end of the month by the owner class. Meanwhile, the […]