Tag: Globalization

A Study in Professional Power: Why Do the Big 4 Accountants Survive?

Yves here. While many people go into “my eyes glaze over” mode when the topic of accountants comes up, you ignore them at your peril. In the US, boards and executives escape liability if they can say they were acting on the advice of professionals. Lawyers are the main liability shields for corporate bigwigs, but […]

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How Neoliberalism Is Normalising Hostility

Yves here. Even though this post paints with very bright colors, I imagine most readers will agree with the argument it makes about the destructive social impact of neoliberalism. Some additional points to consider: Neoliberalism puts markets above all else. In this paradigm, you are supposed to uproot yourself if work dries up where you […]

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Why Suburbs Must Be the Next Frontier for Cities Policy

Yves here. This article is written from an Australian perspective, and Australia is very urban, with over 80% of the country’s population living in or near its five largest cities. It is also worth noting that “suburbs” means something a bit different in Australia than in the US. A suburb is any residential neighborhood. I […]

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A Serious Green New Deal Would Take Up One-Third of the Economy—Are We Ready for That?

Yves here. I have to confess to being not keen about various Green New Deal proposals. They feed the idea that we can largely preserve our lifestyles and still make a big enough reduction in greenhouse gas output soon enough to ward off catastrophic outcomes. There are in my mind, three fallacies here: 1. The […]

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Michael Hudson: Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College. His latest book is “and forgive them their debts”: Lending, Foreclosure and Redemption from Bronze Age Finance to the Jubilee Year<   Jointly posted with Hudson’s website The end of […]

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The Silicon Curtain: The Gloves Come Off With China

Yves here. Even though the US has been restricting the use of Chinese technology since 2012, and Obama’s failed Trans-Pacific Partnership was an effort to isolate China, the Trump Administration has dialed up the power struggle with China to pretty close to open conflict. The criminal suits against Huawei unsealed this week look more like […]

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Rethinking Free Trade Agreements in Uncertain Times

Jerri-Lynn here. In this short  post, Jomo Kwame Sundaram makes the case against the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) – a free trade agreement originally intended to draw the US back into the Pacific region to counter the influence of China. To endorse  this agreement would have required Trump effectively to flip flop on […]

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Richard Murphy: Davos Wants a Better Measure of Failure

Yves here. Unfortunately, the Davos man is still very much with us. And now they want us to think that they care. Gah. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian newspaper as an “anti-poverty campaigner and tax expert”. He is Professor of Practice in International Political Economy […]

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UN Backs Seed Sovereignty as Defense Against Multinational-Led GMO Projects

Lambert here: Awesome. Very good news. By Timothy A. Wise, a senior researcher at the Small Planet Institute, collaborating with director Frances Moore Lappé to start its new Land and Food Rights Program. He is also a senior research fellow at Tufts University’s Global Development and Environment Institute. Originally published at Triple Crisis. On December […]

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These 2018 Corporate Scandals Demonstrate Why the New Democratic Congress Must Crack Down on Corruption

Lambert here: Sadly, the political class lacks the expertise to translate “must” into “will.” At least on this issue. By Matthew Chapman, a video game designer, science fiction author, and political activist from Texas. Originally published at Alternet. The headlines for white-collar crime this year have largely been grabbed by special counsel Robert Mueller, who […]

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10 Costliest Climate-Driven Extreme Weather Events of 2018 Caused at Least $84.8B in Damage: Analysis

By Jessica Corbett, staff writer at Common Dreams. Originally published at Common Dreams From heat waves and hurricanes to fires and floods, the 10 costliest extreme weather events of 2018—driven by the global climate crisis—killed thousands of people and caused at least $84.8 billion in damage, according to a new analysis from Christian Aid. Counting […]

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How the International Monetary Fund Imposes Its Economic Policies on Argentina

By Celina della Croce of the Independent Media Institute. Cross-posted from Alternet. In September, Argentine president Mauricio Macri accepted the 2018 Atlantic Council’s Global Citizen Award. In attendance were many of world’s neoliberal power players and policy makers, among them International Monetary Fund (IMF) Managing Director Christine Lagarde. Facing the crowd, Macri gleefully admitted that […]

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Marshall Auerback: All of Our Bets on China Have Been Wrong

By Marshall Auerback, a market analyst and commentator. Produced by Economy for All, a project of the Independent Media Institute Is today’s trade conflict with China beginning to broaden into something bigger and more long-lasting? It would appear so. Much of the current backlash is a product of the West’s longstanding, but misplaced, fawning and […]

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“Alexa, Launch Our Nukes!” Artificial Intelligence and the Future of War

Yves here. By virtue of synchronicity, reader Wukchumni recommended the Cold War classic The Bedford Incident and highlighted this segment: By Michael T. Klare, the five-college professor emeritus of peace and world security studies at Hampshire College and a senior visiting fellow at the Arms Control Association. His most recent book is The Race for […]

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Don Quijones: Retail Melts Down Before Christmas in the UK, Spreads to Continent

By Don Quijones of Spain, the UK, and Mexico, and editor at Wolf Street. Originally published at Wolf Street With just one week left before Christmas, Europe’s fashion retail sector is showing little sign of yuletide cheer. On Monday, the shares of UK-based online fashion and cosmetics retailer Asos Plc plunged 37% to £26.14 after the […]

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Sustainable Fashion: Reduce, Reuse, Exchange

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. I thought a couple of days after the weekend launch of Blue Planet II — a documentary I’ve yet to watch – might be an apt time to discuss efforts to make […]

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The UK’s Reform of Limited Partnership Law: Dead on Arrival (I)

“Scottish Limited Partnerships are used by thousands of legitimate British businesses – from pension schemes to owning farm land in Scotland – to invest more than £30 billion in the UK a year. We have seen mounting evidence that in their current form they are vulnerable to abuse. Last year it emerged more than 100 […]

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Why It’s So Hard for Most Countries to be Economically Independent from the West

By Justin Podur, a Toronto-based writer who teaches at York University in the Faculty of Environmental Studies. His site is podur.org. Follow him on Twitter: @justinpodur. Produced by by Globetrotter, a project of the Independent Media Institute. Why is it so difficult even for huge countries with large, diversified economies to maintain independence from the […]

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