Category Archives: Globalization

Myths, Lobbies Foster Competitive International Corporate Tax Cutting

Bad ideology, kept alive by lobbying and PR, has fueled an unproductive corporte tax race to the bottom. Is the tide finally turning?

James Galbraith: China and Supply Chains – The White House Review’s Focus on US Dependence

Despite brave talk about restoring manufacturing in America, extended supply chains and the position of China are insurmountable impediments.

The Pandemic Is Us (But Now Mostly Them)

The pandemic is largely to be over in the Global North, at least among the vaccinated…or so it seems.

The 2021 Corporate Bamboozle On World Food Systems

Mega-corporations are set to win control of global governance of food and agriculture at the UN Food Systems Summit later this year.

Environmental Activists Call on Biden Administration to Pursue Ratification of the Basel Convention to Block U.S. Exports of Plastics and e-Waste

California lawmakers and NGOs call on the Biden administration to press for U.S. ratification of the 1989 Basel Convention and subsequent amendments.

G7 Countries Reach Deal on 15% Global Minimum Tax Rate for Multinational Corporations

One critic of the agreement said that “by settling for anything less than a 25% tax rate, the G7 is telling their citizens and the world that they’re willing to keep the race to the bottom alive and kicking.”

What if Large Businesses Are Really Macroeconomic Entities?

Mega businesses are a huuge problem. But what to do?

How Enforcement of the USMCA Will End a Corporate Race to the Bottom

USMCA, which promised to help American workers by improving labor bargaining rights, is being put to its first road test. Will it perform?

Big Tech Goes All In to Thwart Right to Repair Initiatives

The FTC and more than two dozen states mull right to repair initiatives; Big Tech companies mount a ;pbbying offensive.

War as the Enemy of Reform: Biden’s Dilemma or His Excuse?

How much is keeping the US on a war footing really constraining Biden on the domestic front?

Put People Before Profits for Covid Progress

More discussion of Covid vaccine, testing and treatment apartheid, thanks to private sector profiteering.

Michael Hudson on American as Absentee Landlord on The Greyzone: Biden Administration, New Cold War, Super Imperialism, Dollar Weaponization

Michael Hudson discusses geopolitics including currency power plays, global institutions like the IMF, the new Cold War, and Bill Gates

The Tattered Histories of Possible Future Ambassadors….Like Rahm Emanuel

A surprising number of ambassadors at prominent posts are patraonge picks. And who gets rewarded for what isn’t pretty.

‘Cry No Tears for These Death Profiteers’: Pharma Stocks Plunge as Biden Backs Vaccine Patent Waiver

Biden is suddenly backing a patent waiver for foreign manufacture of Covid vaccines. But do the mechanics make this a headfake?

Seychelles, World’s Most Vaccinated Country, Hit by Covid Surge….Including Among the Vaccinated

A big Covid surge in the Seychelles, a heavly vaccinated country, calls into question relying on vaccines as the route to normalcy.