Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status

Posted on by Eurasia News Online

Federico Pieraccini There is a strong current of change affecting the international political arena. It is the beginning of a revolution brought on by the transition from a unipolar to multipolar world order. In practice, we are faced with the combination of several factors, including the application of US tariffs on Chinese exports, Washington’s sanctions … Continue reading Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status

Unfettered market fundamentalism has failed to deliver prosperity

Posted on by Eurasia News Online

By Marshall Auerback We are living in a time of prescriptions for America’s economic woes that carry little meaning. Forget what you hear on TV: Unfettered free trade, tariffs, de facto “open borders” immigration (a consequence of a political dysfunction that precludes genuine immigration reform), and market fundamentalism have done little to eliminate the paucity … Continue reading Unfettered market fundamentalism has failed to deliver prosperity

Starting from the bottom: a tale of the informal economy and inequality

Posted on by Eurasia News Online

By Namira Samir Of the five administrative cities of the Special Capital Region (DKI Jakarta), East Jakarta has the second-highest number of people living below the poverty line, according to the Central Bureau of Statistics. My minibus trip to East Jakarta has taught me about poverty and inequality more than books and lectures have ever done. … Continue reading Starting from the bottom: a tale of the informal economy and inequality

Surgical strikes: what attacks on Yemen and Khashoggi’s demise have in common

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By Jefferson Morley It is the hour of CYA in Washington. The apparent assassination of Jamal Khashoggi and ensuing notoriety of Crown Prince Mohammad bin Salman have prompted some self-serving revisionist history from former Obama administration officials about the war in Yemen. From the pundit class to Congress, official Washington is now connecting the liquidation … Continue reading Surgical strikes: what attacks on Yemen and Khashoggi’s demise have in common

Yanis Varoufakis: Marx predicted our present crisis – and points the way out

Posted on by Eurasia News Online

The Communist Manifesto foresaw the predatory and polarised global capitalism of the 21st century. But Marx and Engels also showed us that we have the power to create a better world. By Yanis Varoufakis For a manifesto to succeed, it must speak to our hearts like a poem while infecting the mind with images and ideas … Continue reading Yanis Varoufakis: Marx predicted our present crisis – and points the way out