🛢️ Economics

Dollar system in crisis: The real reason the US bailed out Japan

Ben Norton|Geopolitical Economy Report

The US Treasury's intervention to prop up the yen reveals growing cracks in the dollar-based financial system, as foreign governments reduce Treasury holdings and dedollarization gains momentum.

Aug 23, 2026

Venezuela: National Assembly Removes Opposition Deputy Ecarri From 'Friendship' Group Amid Rumors of Hiring US 'Money Doctor'

Orinoco Tribune

Venezuela's National Assembly removes opposition deputy Antonio Ecarri from leading a US friendship group after he pushed dollarization with US economist Steve Hanke, whom the Assembly denies hiring.

Aug 23, 2026

Venezuela Appoints Opposition Politician Enrique Ochoa Antich Ambassador to Switzerland

Orinoco Tribune

Venezuela's National Assembly approves opposition politician Enrique Ochoa Antich as ambassador to Switzerland, part of a controversial reconciliation policy that has sparked debate within Chavismo over its implications for the Bolivarian Revolution.

Aug 22, 2026

Guaranteeing Peace and Security: Nicaragua's Tourism Sector Backs Proposed Reforms

Becca Renk Foster|Orinoco Tribune

Nicaragua's tourism sector, recovering from the 2018 coup attempt, supports proposed constitutional reforms to bar coup participants from office and ban foreign party financing, viewing them as essential for stability and sovereignty.

Aug 22, 2026

Electoral Authorities Block Opposition Parties and CIA Accused of Targeting Ecuadorian Boats

Pedro Labayen Herrera|Orinoco Tribune

Ecuador's electoral authorities suspend opposition parties ahead of local elections, while reports allege CIA involvement in attacks on fishing vessels and the government pursues militarization and a controversial trade deal.

Aug 22, 2026

In a world on fire, the global majority must reclaim the battlefield

Amy Yang

The global majority must reclaim energy, food sovereignty, and development from imperialist capitalism to build ecological civilization, rejecting Western green capitalism and degrowth as inadequate solutions.

Aug 22, 2026

U.S.-Canada Trade Talks Collapse w/ Yves Engler

Yves Engler|Reason2Resist with Dimitri Lascaris

Canada suspends trade talks with the U.S. and plans retaliation against new tariffs, risking a global recession.

Aug 22, 2026

What Radicalized You?

Caitlin Johnstone

A satirical response to “What radicalized you?” catalogs US imperial violence, corporate ecocide, and economic inequality, questioning how anyone remains unradicalized amid such systemic atrocities and oligarchic rule.

Aug 21, 2026

Insights from a Delivery Driver

Haig Kisherian|Red Anti-Imperialist Collective

A former PhD tutor turned gig worker recounts his time delivering for Dominos and UberEats, detailing exploitation, unsafe conditions, and arguing that these unprofitable platforms should be nationalized and run as public monopolies.

Aug 21, 2026

Jean-Pierre Page: Socialism works, and China is living proof of it - Friends of Socialist China

Friends of Socialist China

Former CGT international department head Jean-Pierre Page concludes that socialism works and China is living proof, citing its nearly 100 million-member party, nearly 150 countries involved in Belt and Road infrastructure projects, and Xi Jinping's pledge to serve 1.4 billion people.

Aug 21, 2026

The Culture War Is the Class War: A Letter to the 'Post-Woke' Left

Tony Chamas|Orinoco Tribune

Argues that the culture war is not a right-wing distraction but a direct consequence of the woke left's cultural maximalism, asserting that class-first socialists must actively discipline this tendency rather than tolerate it as a fringe nuisance.

Aug 21, 2026

Richard Murphy: Our GDP Growth Is Just Divorce, Oil Spills, And Debt

Richard Murphy|Dr. Radhika Desai

Richard Murphy exposes GDP's failure to account for capital maintenance, showing how it counts extraction, pollution, and speculation as growth while ignoring depletion of soil, skills, and the planet.

Aug 21, 2026

Latin America and Caribbean Undergoing Unprecedented Demographic Changes due to Aging of Populations and Persistent Inequalities

Orinoco Tribune

A new ECLAC report details how falling fertility, rapid aging, shifting family structures, and complex migration are reshaping Latin America and the Caribbean, demanding new public policies to address persistent inequalities and build inclusive, sustainable societies.

Aug 21, 2026

Antoun Sehnaoui: The Banker at the Center of Lebanon’s Normalization Project

VPol|Vocal Politics

An investigation into Lebanese banker Antoun Sehnaoui’s role in a project linking banking, Washington, Israeli interests, and normalization, including his family's ties to Israeli officials and his media network's influence.

Aug 21, 2026

Why China Isn’t Afraid of AI (But the US Is)

Dante Muñoz|BreakThrough News

A Shanghai-based writer contrasts US fears of AI with China's optimism, examining how different economic systems shape AI development, from desert data centers to open-source models for the Global South.

Aug 21, 2026

Richard Murphy: Capitalism Destroys Everything It Touches, Then Calls It Profit

Richard Murphy|Dr. Radhika Desai

Richard Murphy exposes how GDP ignores capital maintenance, rewarding extraction and financial speculation as growth while depleting the planet, and discusses Keynes's Bancor proposal.

Aug 21, 2026

Trump Issues Unhinged Threat Against Iran's Trading Partners

Reason2Resist with Dimitri Lascaris

Trump threatens severe economic warfare against Iran, demanding all nations cut trade, escalating strains on oil, bond, and currency markets, and risking a financial crisis tantamount to 2007-2009.

Aug 20, 2026

How The IMF Destroyed The World

Hakim

Argues that the global divide between rich and poor nations was manufactured through centuries of imperial extraction and the IMF's structural adjustment programs, which reversed postcolonial development gains by imposing austerity, privatization, and trade liberalization.

Aug 19, 2026

Oil Products Hit Record Prices As Iran War Escalates

Reason2Resist with Dimitri Lascaris

Record-high oil product prices coincide with escalating West Asian wars, signaling an approaching global energy crisis.

Aug 18, 2026

Eurasia Breaks USA: Three Front Defeat Forming

Radhika Desai|Neutrality Studies

Radhika Desai analyzes Korea peace efforts, declining trust in US military protection, the dollar's debt trap, and China's industrial rise as signs of a multi-front US defeat.

Aug 18, 2026

Debunking "Free Tibet": The Truth Behind the Propaganda

Empire Watch Media

Debunking "Free Tibet" propaganda, this episode recounts Tibet's feudal serfdom, the 1950 Battle of Chamdo, and the Dalai Lama's 17-Point Agreement, linking the slogan to CIA-backed separatist movements and framing Tibet's incorporation into China as anti-imperialist.

Aug 18, 2026

Escalation: Trade War Gets Worse, Iran War Extends to Ukraine

Stanislav Krapivnik|Neutrality Studies

Stanislav Krapivnik and Pascal Lottaz analyze the reported Turkey-Pakistan-Saudi alliance, maritime escalation in the Black Sea, Russia's military options in Ukraine, and how weather may affect upcoming fighting.

Aug 16, 2026

Michael Hudson: Trump Is Desperate To Save The Dollar Ponzi Scheme

Michael Hudson|Dr. Radhika Desai

Michael Hudson argues the dollar system is running out of options, functioning as a Ponzi scheme, with the US yen intervention selling euros rather than dollars exposing fragility and its dependence on the yen-threatened carry trade.

Aug 15, 2026

Dollar system in crisis: The REAL reason the US bailed out Japan

Ben Norton|Geopolitical Economy Report

The US Treasury's quiet yen bailout reveals deep structural flaws in the dollar system, as Washington fears foreign sales of its bonds could trigger a debt crisis.

Aug 14, 2026

How the International Monetary Fund Strangles Africa

Grieve Chelwa & Vijay Prashad|Inkani Books

A Marxist critique of the IMF's role in Africa, tracing how debt, austerity, and structural adjustment have perpetuated neocolonial underdevelopment since 1944.

Jul 31, 2026

4 My Peoples

Daniel Brooks|Iskra Books

4 My Peoples critiques capitalism, imperialism, and white supremacy through poems that expose gentrification, police violence, and economic exploitation, while linking US warfare to mass incarceration and Nazi histories. It redefines love as liberation, asserts African identity, and urges collective resistance, ending with a tribute to Kwame Ture and a vision for a new world.

Jul 29, 2026

"Black Marxism"

August Nimtz|Monthly Review

Capitalism and racialism are deeply entwined, with capitalism emerging from European feudalism in a racialized way. The Black radical tradition, rooted in African historical experiences, offers a powerful critique of capitalism and a vision for liberation, while critiquing orthodox Marxism's Eurocentrism and inadequate account of race.

Jul 14, 2026

Monopoly, Finance, and the Crisis of Capitalism

Amos Cecchi|Monthly Review

This collection of essays reassesses Paul M. Sweezy's theoretical contributions to Marxist political economy, arguing for their continued relevance in understanding contemporary capitalism. It centers on his theories of monopoly capital and financialization, which are crucial for analyzing capitalism's tendency toward crisis.

Jun 26, 2026

Politically Unconscious: The Psychic Aftermath of the Sudanese Revolution

Mohamed Khougali|Iskra Books

Examining the psychic aftermath of Sudan's revolution, this book argues the Sudanese Communist Party failed by engaging with international elites instead of the dispossessed, reflecting a global leftist decline, while highlighting the Neighbourhood Resistance Committee's participatory, horizontalist role in ousting al-Bashir despite its lack of political autonomy and ideological ambiguity.

Jun 24, 2026

The Ragged Edge of Freedom

Matthew E. Stanley|Monthly Review

The borderland between slavery and freedom was central to U.S. history, where race, capitalism, and class struggle intersected. Emphasizing enslaved and free Black agency, it contends racial hierarchy organized labor and justified exploitation during the transition to free labor.

May 26, 2026

Late-Stage Capitalism? Accumulation in the Ruins

Greg Albo and Stephen Maher|Monthly Review

Capitalism persists and accumulates even in its late stage, yet does so amid ruins, revealing a paradoxical resilience. This central claim challenges assumptions about capitalism's decline, emphasizing its capacity to endure and adapt amid crises and decay. The analysis underscores the ongoing relevance of Marxist critique.

May 1, 2026

The Long Transition Towards Socialism and the End of Capitalism

Torkil Lauesen|Iskra Books

Argues that the transition from capitalism to socialism is a long, global process driven by the fundamental contradiction between productive forces and the capitalist mode of production; it rejects purity politics in favor of material analysis. Examining China’s market socialism as a key case study, the book contends that internationalism is essential to prevent chaotic collapse.

Mar 22, 2026

Unequal Exchange: Past, Present, and Future

Torkil Lauesen|Iskra Books

Industrialized countries transfer value by exchanging one hour of their labor for 5–15 hours of labor in underdeveloped nations. The work details mechanisms like global production chains, labor arbitrage, and ecological costs, examines political consequences such as the 'imperial mode of living' that fractures working-class solidarity, and shows how unequal exchange drives polarized development.

Mar 22, 2026

Communism, the Highest Stage of Ecology​

Guillaume Suing|Iskra Books

Socialism, particularly the Soviet Union and Cuba, has historically achieved ecological sustainability through dialectical materialism and socialist planning, rebutting claims of communist environmental destructiveness. The book also critiques 'green capitalism' as a tool for maintaining the status quo and hindering emerging powers such as China, Russia, Brazil, and India.

Feb 4, 2026

Who Paid the Pipers of Western Marxism?

Gabriel Rockhill|Monthly Review

This book reveals how the CIA secretly financed Western Marxist intellectuals to steer radical thought away from Soviet sympathy. It contends that Western Marxism's cultural turn was shaped by this covert funding, which flowed through front groups like the Congress for Cultural Freedom to thinkers such as Raya Dunayevskaya and the Frankfurt School.

Dec 1, 2025

Why Socialism?

Albert Einstein|ProleWiki

In this thought-provoking essay, Albert Einstein delves into the profound social, economic, and ethical questions that challenge our modern society. With the precision and clarity that heralded his scientific genius, Einstein navigates through the inadequacies of capitalism, unveiling its propensity to foster inequality, injustice, and a sense of alienation among individuals.