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Russia’s war economy

18 August 2023 - by Michael Roberts

The currency has been steadily losing value since the beginning of the year and has now slid past RUB100/$. That’s down 26%. The main cause of this decline is the fall in oil export revenues and the rising cost of military spending to prosecute (...)
Resisting the shock doctrine

15 July 2023 - by Eric Toussaint, Sushovan Dhar, Yuliya Yurchenko

Ashley Smith chairs an event with Yuliya Yurchenko, Eric Toussaint, and Sushovan Dhar on the global movement against neoliberalism, debt, and the struggle in Ukraine. In this discussion, Yuliya Yurchenko, Eric Toussaint, and Sushovan Dhar (...)
Real Peace in Ukraine Means Ending Russian Invasion and US-EU Neocolonial Debt

1 July 2023 - by Blanca Missé

CADTM is very happy to republish the article Real Peace in Ukraine Means Ending Russian Invasion and US-EU Neocolonial Debt, organised by Haymarket Books, Yuliya Yurchenko, author of Ukraine and the Empire of Capital (2018), explained the (...)
Resisting the Shock Doctrine: Ukraine, Debt, and Reconstruction

12 May 2023 - by Eric Toussaint, Sushovan Dhar, Ashley Smith, Yuliya Yurchenko

A discussion of Ukrainians’ struggle to cancel their country’s debt as part of the global movement against neoliberalism. In the midst of Russia’s imperialist war, Ukraine’s left, unions, and popular movements have struggled to cancel their (...)
Economist Joseph Stiglitz on How War, Covid & Climate Crisis Cause Economic Crises Around the World

10 March 2023 - by Joseph Stiglitz, Amy Goodman, Democracy Now!, Juan González

As the U.N. secretary-general blasts wealthy nations for rigging the global economy for their benefit, we speak with economist Joseph Stiglitz about how war, the pandemic and the climate emergency are causing economic crises across the globe. He (...)
Russia-Ukraine: one year of war – the economics

26 February 2023 - by Michael Roberts

It’s just a year since the Russian invasion of Ukraine. I am not going to discuss the politics of this war in this post. There are plenty of sources for debate on this. Instead, I want to look at the economic consequences of the war for both (...)
The Dakar Declaration – Pan-African cooperation & global solidarity

1 February 2023 - by Collective

Scholars and activists from Africa, Asia, Europe, and North America, came together to draft the Dakar Declaration last year. The declaration condemns the constraints to Africa’s economic and monetary sovereignty. Against the multifaceted crises (...)
Energy, cost of living and recession

5 September 2022 - by Michael Roberts

The G7 governments have a problem. The war in Ukraine against Russia is not won. It looks set to be a long grinding conflict, possibly with no end. And yet the world and particularly Europe depends on Russian energy supplies. The G7 has (...)
Food, famine and war

4 June 2022 - by Michael Roberts

If anything proves that famine and food insecurity are man-made rather than due to vagaries of nature and the weather, it is the current food crisis that is putting millions globally close to starvation. The Russia-Ukraine war has highlighted (...)
Climate change and wars

10 April 2022 - by Michael Roberts

As the ugly war in Ukraine drags on, with more lives lost and atrocities (apparently) committed, energy and food prices hit yet more highs. The Food and Agricultural Organisation (FAO) of the UN publishes a monthly global price index. The FAO (...)