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 […]
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 […]
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 […]
Transformational change is needed in the systems that underpin our economies so that they benefit nature. In September 2020, NABU (BirdLife in Germany) and Boston Consulting Group released The Biodiversity Imperative for Business – Preserving the Foundations of our Wellbeing report, which highlights that biodiversity provides over US $ 170 trillion in additional annual benefits. […]
The Texas Freeze illustrates some of the shortcomings of the conservative economy as a basis for the public good. The nation’s problems will only get worse as we pretend that private solutions are best for all situations. “In Texas, everyone agreed that everyone needed a robust power grid. But nobody wanted to pay for it. […]
To share Tweeter To share To share E-mail There is a strong notion in society that people need to ‘grind’ until they die, meaning that after college life should consist of eight hours of work a day, 14 days. of leave per year and constant stress. However, one entrepreneur decided that he was tired of […]
ROSARIO, Argentina – On Saturday, two of Pope Francis’ most trusted advisers participated in the latest edition of the World Meeting of Popular Movements, which has been supported by the Pope since the early days of his pontificate. The meeting brings together grassroots organizations from five continents working with the poor and marginalized, with the […]
Klaus Schwab By Bhabani Shankar Nayak * The pandemic has shaken up neoliberalism as an economic project of capitalism. The economic architecture of neoliberalism based on austerity, liberalization, privatization and globalization has failed to ensure the basic dignity of life in terms of basic health, education, home and security food. Rising unemployment, hunger and homelessness […]
JUBA / GENEVA – As some South Sudanese experts recommend that the government adopt a new economic system used by developing states to cut the exchange rate on the black market and stabilize soaring prices, a new report from a panel of The UN says the real problem in South Sudan is deep-rooted government corruption. […]