Pentagon Can’t Even Figure Out How to Spend the Extra $500 Billion More Trumpfare
Posted by Joshua Scheer I was about to share this Common Dreams piece on the astounding fact that the Pentagon doesn’t even know what to do with the extra money…
First We End the War, Then We Restart the Factories
While industrialisation remains a top priority for Global South countries, debt-driven austerity, corporate dominance, wars, and sanctions keep many poorer nations locked into dependency and underdevelopment.
Can the Poorer Nations Build a New Architecture for Development and Sovereignty?
Though still weighed down by debt and austerity, developing countries are beginning to chart alternative paths as a new mood takes hold in the Global South.
Pushing Military Spending and Neoliberal Austerity, French PM Emulates Trump
Both the left and the far right in France see the government budget plan as something of a class war budget.
Peace and Development Are Better Than Austerity and War
As military rhetoric and spending by the US and its allies continue to intensify, it is clear that the world must stand up and carve out an alternative path –…
Austerity Linked to Over 1 Million Preventable Deaths in EU
In 2022, over 1 million people in the EU died from preventable causes. Trade unions are urging increased public investment and wealth taxes to reverse the trend.
Argentina General Strike Demands End to Milei’s ‘Chainsaw’ Austerity Policies
"The Milei government has picked a fight with workers and pensioners, and now they will feel the full force of organized labor," said one union leader.
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…
Ukraine’s Nurses Face Brutal Winter as Health Austerity Collides With War
Key workers told openDemocracy they are being paid months late or not in full due to a controversial healthcare reform.
Under Rishi Sunak, Britons Are Set To Face More Austerity, Fewer Rights
The former chancellor from the ruling Conservative Party is the UK’s third prime minister this year. Sunak’s policy history and present cabinet appointments have raised fears of even more austerity…
How Can the Global South Escape the ‘Austerity Trap’?
The IMF's surprise concern for increasing inequality in the UK offers a chance to look at inequality facing the rest of the world.
Patrick Lawrence: The West—Technocrats, Incompetents, Ideologues
When the Italian Senate names party leader Giogia Meloni premier at the end of October, as is widely expected, Italy will be the first founding member of the European Union…
The Fight for Abortion Under Puerto Rico’s Colonial Regime
Decisions over reproductive, LGBTQ+, and other human rights are under attack by the fundamentalist right wing in Puerto Rico. On top of that, the Fiscal Control Board increases austerity measures…
The Fed’s Austerity Program to Reduce Wages
By Michael Hudson / CounterPunch The Federal Reserve Board’s ostensible policy aim is to manage the money supply and bank credit in a way that maintains price stability. That usually…
America’s High Covid Death Toll Is a Result of Capitalist Austerity Policies
The Biden administration is continuing them and has declared an end to the pandemic when it still exists.