The 2007-8 financial crash continues to overshadow the world economy. The big economic news last week was the decision of the US central bank, the Federal Reserve Board (Fed), not to increase interest rates.
The Marxist sociologist Erik Olin Wright died of leukaemia last week. He was 71 years old.
After the crushing House of Commons defeat for her deal with the European Union (EU), Theresa May has been going through the motions of talking to opposition parties.
A thin ray of light shone through the Brexit tangle last week. Two government defeats in the House of Commons marked the moment when Theresa May definitively lost control of the parliamentary process governing Britain’s departure from the European Union (EU).
Just before Christmas Donald Trump took an important step towards controlling his own administration. By announcing the withdrawal of US troops in Syria he provoked the resignation of his defence secretary Jim Mattis.
The recent see-sawing of the oil price has a lot more to do with politics—particularly geopolitical competition among states—than economics
Brexit has become, as numerous commentators have pointed out, a historic crisis of the British state
Donald Trump has been blundering around Europe again, picking fights as he goes. But the relationship that really matters is between the US and China.
The Trump administration is full of surprises. The White House’s Council of Economic Advisers (CEA) has just published a 72-page report called, “The Opportunity Costs of Socialism.”
Francis Fukuyama has published a new book with the remarkably dull title Identity—not that anyone has really noticed. It was very different back in 1992, when The End of History and the Last Man came out.
We’ve seen again how hard it has become to manage the Middle East in the interests of Western imperialism. The players this time are the US, Turkey and Saudi Arabia.
While Brexit obsesses politicians and commentators, the super-rich apparently are more worried about Jeremy Corbyn.
Ten years after the collapse of Lehman Brothers, it’s a matter of controversy whether the global economic crisis it helped to precipitate is over.
Something remarkable is happening in the Labour Party. The right is trying to seize the mantle of anti-racism.
Last week the developing trade war between the three main economic blocs—the United States, the European Union (EU), and China—seemed to relent.
If you want to make sense of the row about Jeremy Corbyn and antisemitism you have above all to understand that it has nothing to do with antisemitism.
The extreme centre, as author Tariq Ali dubbed mainstream neoliberal parties, is convinced that Donald Trump’s European tour confirmed he is unfit to be president. And it’s true that his performance has been characteristically erratic, and occasionally idiotic.
Apparently Jeremy Corbyn is under growing pressure from within the Labour Party to support a second referendum on Brexit. This comes not just from the Tony Blair fan club on the Labour right but also from within Corbyn’s own grassroots support movement Momentum.
Every time the Labour right have confronted Jeremy Corbyn and his supporters in open combat they’ve been defeated, usually humiliatingly. But they’ve just been allowed to score a major victory
Why is Donald Trump destabilising the Middle East? For that’s what he’s doing by moving the US embassy in Israel to Jerusalem and withdrawing from the nuclear deal with Iran.