Senior journalist Aunindyo Chakravarty analyzes the tech startup bubble and explains how these start-ups raise money, and why it the sector remains one of the last avenues for finance capital to engage in speculation
Timidity vis-à-vis international finance capital, callousness toward people, and cynicism in manipulating the electorate and legislators, have made the Modi government one of the most ultra-Right governments in the world
Michael Hudson discusses the chokehold of pro-finance, pro-rentier capitalism reaching into the present COVID-19 crisis
Even after the pandemic shock is over, the world will still be stuck with the protracted crisis of over-production, which had engulfed it well before
Jan Kregel explains the fundamental problem with the economic system is its focus on providing finance to investors
Noted economist professor Prabhat Patnaik talks about the economic crises triggered by COVID-19 and the various possibilities that emerge and their respective implications
The globalization of finance means that any State that violates the dictates of finance, such as by attempting a New Deal financed by a larger fiscal deficit or taxes on the rich, runs the risk of a capital flight from its shores and hence a financial crisis
US stock markets boom while its economy collapses. People there are already on streets demanding equality; it is only a matter of time before working people take to streets in India as well
This unwillingness of finance to stay in, or move to, the Third World, is impairing the ability of several countries to pay for their imports and to service their external debt
The member of MST’s national board analyzes the current international and Brazilian contexts in wake of the coronavirus pandemic
The scope and scale of the right-wing resurgence this year shows the urgent need for greater working class mobilizations that can safeguard and deepen democracy and build coalitions