Category Archives: Globalization

Michael Hudson: De-Dollarizing the American Financial Empire

Michael Hudson on how the US was able to turn its change from creditor to debtor to its advantage.

Brexit: Will Boris or Won’t He?

Does Johnson have any Brexit wriggle room?

Transfer (Mis)pricing, the Jewel in Every Multinational Enterprise’s Crown

Transfer pricing: How developing countries lose $3 billion every day through an accounting trick that allows corporations to avoid paying tax.

Recycling Woes: Indonesia Sends Waste Shipment Back to Australia

Developing countries are refusing to accept shipments of waste for recycling; China’s new rules on scrap metal may disrupt the worldwide market for such recycling.

Trump’s Version of the Iran Accord: Heads I Win, Tails You Lose

A clinical look at the Administration’s disingenuous Iran spin.

Mining and Electric Vehicles: Lithium, Nickel, Cobalt

Electric vehicle production at scale requires materials we don’t have enough of.

Reforestation as a Solution for Carbon Capture: Hype and Reality

Advocates for reforestation must consider who owns the land to be reforested, and how the reforestation is to be done.

Farewell, Flat World

A new world is emerging, in which it will be much harder to separate economics from geopolitics

Ilargi: Memo to the US – The Winds Are Shifting

Why the US looks like it has a glass jaw.

Michael Hudson Discusses the IMF and World Bank: Partners In Backwardness

Michael Hudson explains how the IMF and World Bank support US hegemony.

U.N. Report: ‘Human Rights Might Not Survive’ Climate Crisis

Not surprisingly, the poor, particularly in developing countries, will be devastated by climate change.

Mobility and the Desire for Sovereignity in Europe

Lack of geographic mobiliity is a major culprit in the rise of nationalism.

One Hundred Years After World War I, Are We Heading Back to the Abyss?

The odds of a major war, even one that could fracture the world order, appear uncomfortably high.

Brexit Radicals

Looking for cheery news on Brexit? You’ll have to look awfully hard.