Neoliberalism

The pandemic has exposed the nakedness of European neoliberalism

27 July 2020 - by Eric Toussaint, Miguel Urbán Crespo

Miguel Urban is a member of the European Parliament elected from the Spanish state and a member of Anticapitalistas. He was interviewed by Eric Toussaint. What is the objective of the Covid Tax initiative at the European level and at the level of specific states? Through this last decade, (...)
The struggle against authoritarian liberalism is more urgent than ever. Epidemic and the far right on the European periphery

13 July 2020 - by Ana Podvršič, Jaša Veselinovič

Preliminary note: The article was written at the end of May 2020. Since then, the protests further intensified and the social initiatives, mentioned at the end of this article, succeeded in equipping the protests with better articulated and more progressive demands. At the same time, the (...)
The debt dilemma

11 May 2020 - by Michael Roberts

I have mentioned many times on this blog that rising global debt reduces the ability of capitalist economies to avoid slumps and find quick way to recover (and see ‘Debt Matters’ in my book, The Long Depression and also in World in Crisis). As Marx explained, credit is a necessary component in (...)
Now more than ever, supporting abolition of the debt is a priority!

5 May 2020 - by Brigitte Marti

The covid 19 pandemic has demonstrated that the neoliberal system that leads the world is detrimental to health care systems, public services, and bad for people, especially for the poor and third world populations. We should remind the globalized neoliberal leadership that they asserted not (...)
Class Struggle, Environment and the Corona Virus Pandemic

22 April 2020 - by Kunal Chattopadhyay

The Corona virus threat has been declared a pandemic by the World Health Organisation. How not to respond to it from the left is easily seen, by apparently leftist posts circulating in social media (Facebook, WhatsApp, Twitter), which suddenly wake up to how many people die because of hunger, (...)
SAAPE Call for Rapid Response from the South Asian Governments to Fight the COVID19 Crisis and to build unitedly long-term public health care for South Asians

12 April 2020 - by Collective

SAAPE is concerned about the great danger that COVID-19 pandemic poses in South Asia. The pandemic has already made the lives of the people miserable and woeful. The world is entering in a new phase of history. The pandemic has exposed the ugly face of the neoliberalism which has miserably (...)
COVID-19 pandemic: Statement by the Southern African People’s Solidarity Network (SAPSN)

5 April 2020 - by Collective

The COVID-19 pandemic poses a great danger to the SADC region. If the spread of the virus is not urgently arrested and is allowed to spread to high-density areas, slums, refugee camps and other centres of impoverishment, Southern Africa will face a health, economic and social disaster on a (...)
Mozambique : Credit Suisse is liable for the $2 bn secret debt

17 March 2020 - by Joseph Hanlon

Strenuous efforts by donors and lenders over four decades turned Mozambique from a socialist success story into a neoliberal capitalist one. The private sector dominates; a domestic elite dependent on foreign companies has been created. But a secret $2.2 billion arms and fishing boat deal (...)
Crisis on the Greece-Turkish Border : let’s have done with Fortress Europe

7 March 2020 - by CADTM

Press release of the CADTM International network Once again, European policies have proved to be murderous. For several days now tensions have increased at various cross-border points between Greece and Turkey. Attempts by migrants to cross into Greek territory have resulted in heavy (...)
March 8 – The World March of Women mobilizes and launches the 5^th International Action 2020

3 March 2020 - by World March of Women

We have few days left until March 8, when the World March of Women will be in the streets on the International Day of Women’s Struggle and will launch our 5th International Action. We resist to live, we march to transform! This is our slogan and with it we will take up demonstrations of our (...)
Who really ‘state-captured’ South Africa? Revealing silences in poverty, inequality and structurally-corrupt capitalism

2 March 2020 - by Patrick Bond

The ‘state capture’ of South Africa’s parastatal agencies and government departments typically has been seen in a binary mode, with a narrative critical of two competing factions (‘Zuptas’ and ‘WMC’) within the African National Congress. A review of post-apartheid financial and corporate influences (...)
Bretton Woods Institutions’ neoliberal over-reach leaves global governance in the gutter

18 October 2019 - by Patrick Bond

This week, the annual meeting of the World Bank and International Monetary Fund will again be held in Washington, DC, with back-slapping now that the Bretton Woods twins have reached age 75 (they were founded at a New Hampshire hotel in 1944). And with more passion than in recent years, there (...)
Ecuador: Brutal economic decisions (“paquetazo”)

11 October 2019 - by Diego Borja Cornejo

With a stubborn position that borders on political suicide, the government of Lenin Moreno, during the seventh day of massive and combative Popular Unemployment, has preferred to repress thousands of indigenous, students, settlers and workers who have risen throughout the country, by employing (...)
Something’s got to give

14 June 2019 - by Amandla Editorial

The election of a new government should be a time of celebration. 25 years since the end of Apartheid should be the time of immense celebration. Yet, 25 years since the “dawn of democracy” and South Africans are engulfed by extreme forms of anger, disillusionment and alienation. 22 million adults (...)
Explaining gender violence  in the neoliberal era

27 May 2019 - by Tithi Bhattacharya

Let us begin with an image: a naked white man pursuing a low-wage Black female asylum seeker down the corridors of an expensive Manhattan hotel in order to force her to have sex with him. The man, of course, is the then-director of the International Monetary Fund (IMF), French politician (...)
Tourism: the false fix – concentration of profits and social debt

5 March 2019 - by Marta Ill Raga

This ODG research starts to look at the relationship of debt and financialisation with tourism, and how they act though this industry, that is deeply affecting life in cities (and other places) around the world. This report aims to review the impacts of the tourism industry on the city of (...)
Globalization from Christopher Columbus and Vasco da Gama until today

6 January 2019 - by Eric Toussaint

The beginning of Globalization goes back to the outcomes of the first voyage of Christopher Columbus that brought him, on October 1492, to the shore of an island in the Caribbean Sea. It was the starting point of a brutal and bloody intervention of European sea powers in the history of American (...)
The Domestic Consequences of China’s ‘One Belt One Road Initiative’

2 January 2019 - by Qian Benli

Currently, the prospects of China’s ‘One Belt One Road Initiative’ (hereinafter referred to as OBOR) are dim. An article published in the Financial Times in July this year pointed out that 234 out of 1,674 Chinese-invested infrastructure projects announced in 66 Belt and Road countries since 2013 (...)
The euro project and the international integration of the South-Eastern European economies

13 October 2018 - by Ana Podvršič

In the recent years, scholars in critical international political economy have considerably explored the differences and similarities between the countries of the European periphery. Most of the studies, however, have focused on the structural characteristics of the so-called Southern Eurozone (...)
Can union organising help save Nigeria’s textile industry?

2 July 2018 - by Ismail Bello, Otas Belinda

Trade Unions in Transformation: A Case Study of the National Union of Textile, Garment and Tailoring Workers of Nigeria Funke Omoniyi Johnson is the founder of Mama Tee Fashion and Saidat Taiwo Oshodi is the proud owner of Sai Tai Enterprises Nigeria Limited. They are both self-employed (...)
Argentina: Macri’s Neoliberal Fantasies

13 June 2018 - by Claudio Katz

In the middle of his term, Argentinian president Mauricio Macri cannot hide the monumental abyss between his promises and reality. The promise was of an influx of dollars to lower inflation, with high growth, job creation, an entrepreneurial boom and eradication of social assistance. A drastic (...)
Protest Movements in Morocco and the Role of the Political Left in Mobilization against Neoliberal Policies

12 June 2018 - by ATTAC/CADTM Maroc, Aznague Ali

In Morocco, the experience of the 20 February Movement indicated that the left faces real dilemmas. Some of its currents refused to get involved in the Movement due to the presence of obscurantist forces, while other currents drew closer to the obscurantists themselves under the pretext of (...)
International Day for Women’s Rights: Debt is not just a financial instrument, it is also a gendered tool

15 March 2018 - by Marie-Laure Coulmin Koutsaftis

Wherever austerity and structural adjustment policies are implemented allegedly to face a foreign debt, they prevent women’s empowerment and destroy women’s rights whereas actually women are the true creditors at both national and international levels. The #MeToo hashtag should not conceal the (...)
After 15 years, World Bank’s Doing Business Report still missing the mark

13 March 2018 - by Bretton Woods Project

In October, the World Bank published its 15th Doing Business Report (DBR), Reforming to Create Jobs, noting that 119 economies had carried out 264 business reforms in the past year to “create jobs, attract investment and become more competitive”. SUMMARY Despite claims, DBR’s deregulation (...)
South Africa: Cyril Ramaphosa Relaunches Neo-Liberalism

28 February 2018 - by Patrick Bond

After Jacob Zuma’s Firing, South Africa Risks Budget Austerity and Even Renewed BRICS ‘Poisoning’ Cyril Ramaphosa’s soft-coup firing of Jacob Zuma from the South African presidency on February 14, after nearly nine years in power and a humiliating struggle to avoid resigning, has contradictory (...)