Poland once was in economic ruins when communism fell more than three decades ago. Now it's the 20th largest economy in the world.
Capitalism in Crisis Amid Slow Growth and Growing Inequality
Six years after the Lehman disaster, the industrialized world is suffering from Japan Syndrome. Growth is minimal, another crash may be brewing and the gulf between rich and poor continues to widen. Can the global economy reinvent itself?
What Else Matters?
Here’s what happened to a bunch of big economies over the last 30 years…
Poland's Economic Experiment, Starring Thomas Piketty
Prime Minister Mateusz Morawiecki's strategy is inherently self-contradictory. But it just might work.
The myth of catch-up development: trends in core–periphery inequality from 1960 to 2023
The conventional narrative in international development holds that poorer countries are “catching up” with richer countries through the process of capitalist growth. This paper assesses this claim ...
The Formation and Evolution of the Soviet Union’s Oil and Gas Dependence
Between the end of World War II and the mid-1960s, the Soviet Union’s economy was one of the most vibrant in the world. The country had successfully launched the first man into space and was competing with the United States in developing cutting-edge military technology. However, by the end of the 1980s, the economy was in a miserable state.
Opinion | Be Afraid of Economic ‘Bigness.’ Be Very Afraid. (Published 2018)
In the 1930s it contributed to the rise of fascism. Alarmingly, we are experimenting again with a monopolized economy.
The end of capitalism has begun
Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian
Can We Have Prosperity Without Growth?
The critique of economic growth, once a fringe position, is gaining widespread attention in the face of the climate crisis.
The Triumph of Broken Promises — Harvard University Press
A powerful case that the economic shocks of the 1970s hastened both the end of the Cold War and the rise of neoliberalism by forcing governments to impose austerity on their own people.Why did the Cold War come to a peaceful end? And why did neoliberal economics sweep across the world in the late twentieth century? In this pathbreaking study, Fritz Bartel argues that the answer to these questions is one and the same. The Cold War began as a competition between capitalist and communist governments to expand their social contracts as they raced to deliver their people a better life. But the economic shocks of the 1970s made promises of better living untenable on both sides of the Iron Curtain. Energy and financial markets placed immense pressure on governments to discipline their social contracts. Rather than make promises, political leaders were forced to break them.In a sweeping narrative, The Triumph of Broken Promises tells the story of how the pressure to break promises spurred the end of the Cold War. In the West, neoliberalism provided Western leaders like Ronald Reagan and Margaret Thatcher with the political and ideological tools to shut down industries, impose austerity, and favor the interests of capital over labor. But in Eastern Europe, revolutionaries like Lech Walesa in Poland resisted any attempt at imposing market discipline. Mikhail Gorbachev tried in vain to reform the Soviet system, but the necessary changes ultimately presented too great a challenge.Faced with imposing economic discipline antithetical to communist ideals, Soviet-style governments found their legitimacy irreparably damaged. But in the West, politicians could promote austerity as an antidote to the excesses of ideological opponents, setting the stage for the rise of the neoliberal global economy.
India’s Path To Becoming One of the World’s Largest Economies | Econofact
India is the fastest growing major economy in the world and it aims to reach high-income status by 2047. To do so, it must sustain strong growth over the next decades.
Capital in the Twenty First Century
What are the grand dynamics that drive the accumulation…
The Fallacy of Endless Economic Growth
What economists around the world get wrong about the future.
annotations: A propos de la super-implication des super-riches dans la politique américaine
Blog de sciences économiques et sociales de Martin Anota. Traductions, revues de presse.
How Mondragon Became the World’s Largest Co-Op
In Spain, an industrial-sized conglomerate owned by its workers suggests an alternative future for capitalism.
Do the Rich Capture All the Gains from Economic Growth?
Adjusted for inflation, the US economy has more than doubled in real terms since 1975.
The Authoritarian Stack: Mapping Big Tech’s Capture of State Power - Rosa-Luxemburg-Stiftung
A new project exposes the infrastructure of techno-oligarchic control — and why Europe must act
