Category Archives: Globalization

Marshall Auerback: A Full Employment Economy? What Could Possibly Go Wrong?

Why Trump’s trade deals could wind up being a negative for employment.

The Continuing Dominance of the Dollar

The dollar still rules. What could make that change?

Waste Watch: US Dumps Plastic Rubbish in Southeast Asia

Now that China has banned imports of plastic waste for recycling, US plastic waste exports to southeast Asia surge.

With the World on the Line, Scientists Outline the Paths to Survival

Scientists will deliver an urgent warning with the issuance of the latest IPCC reports, starting next week. But will politicians and the public respond?

A Rational Backlash Against Globalization

“In a democratic society that values equality, globalization cannot survive in the long run.”

The US-Mexico Trade Deal Dies

How the US effort to push a trade agreement with Mexico over the line fell apart.

Hard-Brexit Lobbyists Demand UK Roll-Back Environmental Standards to Strike Free Trade Deals with India, China and US

Another ugly but far-from-secret element of what was in store with a Glorious Brexit.

Does the U.S. Have the Ingredients to Win a Trade War?

In winning the trade battle with China, Trump may lose the war against inflation.

The Spider’s Web: Britain’s Second Empire

How Britain’s system of offshore finance and tax havens developed and preserved the UK’s role as the largest player in international finance.

Chevron Arbitration Ruling Against Ecuador ‘Completely Off Base’

A secret corporate arbitration panel in the Hague ruled that Ecuadorean courts’ $9.5 billion judgement against Chevron for environmental damages is illegal and should not be enforced. An expert argues that the decision is a travesty.

Brexit: Circling the Drain?

Has anything changed on the Brexit front?

Shall We Kill the Hay Exports or the Cows?

Hay has become a scarce resource in Australia, and not for the best reasons.

As Musk Goes Nuts Publicly, Tesla Bondholders Get Antsy

Rising bond yields pose a problem to Tesla’s survival.

The Mills of Providence Were Ground Up Slowly

Life along Woonsquatucket, and what “a screw loose” really means.

Causes of Turkey’s Crisis

Turkey is entering a major crisis, which many of the media have been quick to blame on Erdogan’s nationalist inclinations. However, the crisis has much more to do with poor economic fundamentals and the lending decisions of European banks.