Ecuador Faces Economic Dilemma After Vote to Ban Oil Drilling In the Amazon
How will the new president reconcile the ban on oil with the country’s economic dependence on extractivism?
Ellen Brown: More Banks to Fail? Not in North Dakota
By Ellen Brown / Original to ScheerPost U.S. banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook.…
Labor Economist: AI May Bring a Boom in Horrible Jobs
Losing jobs isn’t the only thing workers have to worry about. AI may make many jobs worse.
BRICS Calls for Global Economic Decision Making in the Interest of the Majority
Policies followed by the West such as sanctions, conditionalities in loan disbursal, and dollar hegemony were the targets of speeches made by the BRICS leaders on the first and second…
The BRICS Have Changed the Balance of Forces, but They Will Not By Themselves Change the World
By Vijay Prashad / Tricontinental: Institute for Social Research In 2003, high officials from Brazil, India, and South Africa met in Mexico to discuss their mutual interests in the trade…
No Longer the ‘Lone’ Superpower
Coming to Terms with China.
Ellen Brown: War By Other Means: Short Selling JPMorgan Chase
By Ellen Brown / Original to ScheerPost When the FDIC put Silicon Valley Bank (SVB) and Signature Bank into receivership in March, a study reported on the Social Science Research…
Ignoring Warnings of Mass Job Loss, Fed Hikes Rates to Highest Level in Decades
"The dangerous reflex to hike rates, no matter the causes of inflation, is both a policy failure and a failure to imagine a world in which workers are anything other…
Why Capitalism Is Leaving the US in Search of Profit
By Richard Wolff / CounterPunch Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production…
The World Needs a New Development Theory That Does Not Trap the Poor in Poverty
By Vijay Prashad / Tricontinental: Institute for Social Research In June, the United Nations’ Sustainable Development Solutions Network published its Sustainable Development Report 2023, which tracks the progress of the…
From Affirmative Action To Reparations: Bridging Racial Economic Inequality
While our federal government backtracks, state and local lawmakers are increasingly taking action to repair racial divides through policies designed to address racial inequality.
Ellen Brown: The Federal Debt Trap: Issues and Possible Solutions
By Ellen Brown / Original to ScheerPost “Rather than collecting taxes from the wealthy,” wrote the New York Times Editorial Board in a July 7 opinion piece, “the government is…
The Boldest Step to Close the Racial Wealth Divide in Generations
One state’s “Baby Bonds” program should be a model for the whole country.
The Biden Effect: Electric Vehicle Sales Skyrocket 79% in US in Q1
By Juan Cole / Informed Comment Ann Arbor (Informed Comment) – Laws have consequences. The Inflation Reduction Act passed by the Biden administration and the Democrats in Congress (with no…
Top US Companies Admit to Hiking Prices to Pad Their Profits: Analysis
"After an unprecedented 10 interest rate hikes in a row, it's clear the corporate profiteering epidemic will persist no matter how many times the Fed doubles down," said Liz Zelnick…