The global solution: private or public?

Inflation, risk of global recession, growing inequality and rising debt for the global south, global warming, war – I could go on.  These are the fault-lines exhibited in the world economy in 2022.  What is to be done about it?  It is revealing to consider the solutions offered by analysts writing for the IMF inContinue reading “The global solution: private or public?”

The future of work 2 – working long and hard

In the first post of my Future of Work series, I looked at the impact of working from home and remote work which has mushroomed since the COVID pandemic. In this second part, I want to consider the impact of work on people’s lives and health and how that will pan out over the nextContinue reading “The future of work 2 – working long and hard”

A tightening world

It’s been a big week for the major central banks. First, the European Central Bank (ECB) called an emergency meeting because government bond yields were rising sharply in the more indebted Eurozone economies like Italy and Spain.  That threatens to deliver a new sovereign debt crisis as happened after the Great Recession from 2010-2014, leadingContinue reading “A tightening world”

Socialist economic development – a review

I recently participated in a zoom seminar to review a new book entitled Socialist Economic Development in the 21st Century by Alberto Gabriele and Elias Jabbour.  Gabriele is a Senior Researcher at Sbilanciamoci, Rome, Italy and Elias Jabbour is an Assistant Professor at the School of Economics, at Rio de Janeiro State University, Brazil. YouContinue reading “Socialist economic development – a review”

Food, famine and war

If anything proves that famine and food insecurity are man-made rather than due to vagaries of nature and the weather, it is the current food crisis that is putting millions globally close to starvation.  The Russia-Ukraine war has highlighted the global food supply disaster but this was brewing well before the war. The food supplyContinue reading “Food, famine and war”