Economics

Arizona State University Launches Program On Co-op Education

June 28, 2026 Miles Hadfield, Coop News. Create! Arizona, Cooperatives, Economics, Higher Education, New Economy

The US National Cooperative Business Association (NCBA) has partnered with Arizona State University’s W. P. Carey School of Business to launch the Foundations of Cooperative Enterprise Series(CES), a professional development programme for co-operative employees, entrepreneurs and emerging leaders. NCBA says the programme combines its co-operative expertise with the “academic excellence” and workforce education capabilities of Arizona State University, “creating a flexible learning experience that helps participants build practical knowledge while balancing the demands of their day-to-day responsibilities”.

What Is APEC?

August 25, 2025 Dae-Han Song, People's Dispatch. Strategize! APEC, ASEAN, Asia, China, Economics, Free Trade Zone, Hong Kong, Japan, Multipolar World, Multipolarity, Taiwan

If you look at the news, the media treats the Asia Pacific Economic Cooperation (APEC) Forum more like a gala than a policy forum about regional economic policies. Despite high level meetings having occurred between the government and business interests (i.e., the APEC Business Advisory Committee), despite two senior official meetings having taken place, the media has done a negligible job of bringing the agenda and discussions in these meetings to public consciousness or debate. Instead, it has mostly focused on who will be there – K-pop megastar G-Dragon was named APEC Ambassador – or whether the accommodations and infrastructure are adequate.

Corporate Landlords Are Taking Over Society, Making Life Unaffordable

August 11, 2025 Ben Norton, Geopolitical Economy. Resistance Report Banks, Blackstone, Capitalism, China, Economics, Finance and the Economy, GDP, History, Housing, Karl Marx, Neoliberalism, Real Estate, Wall Street

Landlords are taking over society. For many average working people, it has become impossible to buy a house. And the cost of renting housing has become prohibitively expensive. This problem is especially bad in the United States. But it’s not only a problem in the US; it’s a problem in many countries around the world — especially in Western countries in North America and Europe, whose economies have become financialized. In the United States, for instance, the largest landlord is not an individual; it’s a massive Wall Street investment firm: Blackstone, the private equity fund. Blackstone owned more than 300,000 rental housing units in the US as of 2023. The number has only increased since then. Blackstone and other Wall Street investment funds have been gobbling up residential housing. Then they ratchet up the cost of rent, which has fueled homelessness, as many people are being evicted from their homes.

BRICS Expands With Nine New Partner Countries

December 25, 2024 Ben Norton, Geopolitical Economy. Resistance Report Agriculture, BRICS, Economics, Food, G7, Gas, Oil

With its nine members and nine partners, BRICS now makes up roughly half of the global population and more than 41% of world GDP (PPP). The group is an economic powerhouse, including top producers of key commodities like oil, gas, grains, meat, and minerals. At the BRICS summit in Kazan, Russia in October 2024, 13 countries were invited to become BRICS partners, meaning they are on the path to full membership in the near future. Nine of these 13 nations accepted the invitation. The remaining four did not give a formal response as of the end of 2024. These were Algeria, Nigeria, Turkey/Türkiye, Vietnam.

The Reality Of Bidenomics: How Good Was Biden For The Economy?

February 28, 2024 Radhika Desai and Michael Hudson, Geopolitical Economy. Resistance Report Economics, Finance and the Economy, Geopolitical Economy Hour, Joe Biden, Michael Hudson, Radhika Desai

2024 is being billed as the greatest election year in history. More than 50 countries are going to the polls, that’s 7 out of its 10 most populous countries, with a combined population of 4.2 billion, that is more than half the world’s 8 billion population. Among these, for good or ill, one might add, the US election will be the most consequential, deciding life and death questions such as how much war the world will witness, how well its economy will do. This is not because the US is a force for peace and development. On the contrary, it’s been weighing down on the prospects of peace and development for decades.

Reimagining Economics Education

January 1, 2024 David Bollier. Strategize! Economics, Education, Finance and the Economy, The Commons

Jennifer Brandsberg-Engelmann, an international secondary school educator and curriculum developer, had long been appalled by the dismal state of economics education for young people. Students at middle and high schools learn about a "degenerative economic system," as she puts it, in which "the economy" is framed as something separate from society and nature. With little sense of contemporary realities, economics courses assume that endless economic growth is desirable and possible. It focuses on businesses and markets, ignoring the vital role that household care and the commons play.

The Process Of Consumption And The Means Of Achieving Well Being

December 19, 2023 Luis Razeto Migliaro and Matt Noyes, Grassroots Economic Organizing. Strategize! Capitalism, Consumers, Economics, Workers

In the previous sections we examined the processes of production and circulation, laying out the foundations of their respective general theories. We now turn to the central questions of a general theory of economic consumption. In Economics, the theme has scarcely been considered from a theoretical standpoint. Consumption is taken into account as a relevant economic variable, but in a very restricted sense – as “consumer spending” – as opposed to savings and accumulation. At the micro-economic level, the focus has been on consumer behavior in an effort to understand consumers’ disposition to spend, in relation to their drive to accumulate revenue and wealth, as well as the way variations in price affect spending.

Why Mainstream Economics Got Inflation Wrong

November 20, 2023 James K. Galbraith, Portside. Educate! Big Banks, Economics, Inflation, Media

Austin - In his November 7, 2023 New York Times newsletter, the economist Paul Krugman asks a good, albeit belated, question: Why did so many economists get the inflation outlook wrong? After all, the near-consensus among mainstream economists in recent years was that inflation would persist – and even accelerate – and that this justified substantial interest-rate hikes by the US Federal Reserve. Yet the quasi-inflation of 2021-22 proved transitory. Krugman poses his question with impeccable diplomacy, professing “respect” for three authors of a September 2022 paper published by the Brookings Institution (which was then promoted by Harvard University’s Jason Furman) projecting that it would take at least two years of unemployment at 6.5% to bring inflation back to the Fed’s self-imposed 2% target.

Towards An Indigenous Economics

September 19, 2023 Herbert Girardet, Resilience. Create! Economics, Forest Dwellers, Indigenous Communities, Sustainability

With a profound sustainability crisis facing humanity, it may be useful to try and glimpse what a sustainable relationship between people and planet might actually look like. This essay explores how cultures and their host environments mesh together in pre-industrial societies. It seeks to show how cultural beliefs and practices reflect and reinforce the environmental adaptations of seven different community settings – the Mbuti forest people in central Africa, the Kayapó people in the Brazilian Amazon, the Nuer cattle herders in South Sudan, the Chagga agro-foresters on Mount Kilimanjaro, Asian peasant farmers, and European small-scale urban systems.

The Rise Of US Dollar Imperialism, And Why It Failed

February 28, 2023 Radhika Desai and Michael Hudson, Geopolitical Economy. Resistance Report Economics, Geopolitical Economy Hour, Michael Hudson, Radhika Desai, US Dollar

Today we are continuing our discussion of de-dollarization. As many of you know we have structured our discussion around some ten questions, and last time we dealt with the first five. What is money? What is the relation between money and debt? Is money a commodity? What is the theory of how the dollar serves as world money? And then because this theory so much relies on the sterling system we discussed the sterling system. What is it? What was this real basis not gold but actually empire etcetera. And then we decided that in this show we will discuss the next five questions which are, how did the sterling system end? What really happened between the world wars?

A Economist That Future Economists — And Societies — Will Dare Not Ignore

November 5, 2022 Sam Pizzigati, Inequality.org. Educate! climate crisis, Economics, Environment, Herman Daly

Great thinkers, down through the ages, have regularly had to watch the movers and shakers of their epochs shrug off their core insights. One of our contemporary great thinkers who suffered that fate — the 84-year-old economist Herman Daly — died just last week. Daly did not, to be sure, go totally unrecognized during his lifetime. In 1996, he won the “alternate Nobel Prize,” Sweden’s annual Right Livelihood Award. “Herman Daly redefined economics, forging a way forward that does not include the destruction of our environment for economic gain,” Ole von Uexkull, Right Livelihood’s executive director, noted after Daly passed. But Daly’s death has, by and large, gone unnoticed. No obit has so far appeared in the New York Times or Washington Post or any other major mass publication.

Putting A Face Onto The Corporation

February 6, 2020 Nick Buxton, Roarmag.org Educate! Corporations, Economics

Corporations account for 78 of the world’s 100 largest economies, yet they remain cloaked in mystery. TNI’s State of Power 2020 report takes a deep dive into capitalism’s preeminent institution. On November 5, 2015 a failure at the Germano iron ore mine’s tailings dam in Mariana, Minas Gerai state, Brazil caused hundreds of tons of toxic mud to sweep downstream, killing 19 people and contaminating the Doce River for many hundreds of kilometers.

The Push To Create Co-ops Is Energizing A New Generation Of Socialists

February 6, 2020 Richard D Wolff, Truthout.org Create! Cooperatives, Economics, New Economy, Socialism

On the other hand, socialism was the name adopted by Western European — and especially Scandinavian — “welfare-state” governments, which aimed to regulate markets comprised still mostly of private capitalist firms. This led many people to associate socialism with robust public spending and government intervention in the marketplace.

The “Repo” Fiasco; The Fed’s Cash Injections Send Stocks Soaring

February 5, 2020 Mike Whitney, Informationclearinghouse.info Educate! Currency, Economics, New Economy

A five-alarm fire has broken out in a little known, but critically important area of the financial system where high-quality bonds are swapped for cash. The “repo” market, which is short for repurchase agreements, is part of the nondeposit, shadow banking system that remains largely unregulated despite the fact that it was ground zero in the 2008 financial crisis.

Sustainability In A Small Place: The Spanish Basque Country As A 21st Century Model

January 9, 2020 Bruce Rich, Opendemocracy.net Create! Economics, Neoliberalism, Spain

Things aren't working out the way many of us hoped. But we could learn something from this small entrepreneurial nation. The 21st Century is not working out the way many of us hoped: we witness the failure of nations and politicians to address the climate crisis, as well as social unrest in many countries over the failure of a neoliberal economic model that has neglected social equity and environmental sustainability. The Financial Times has even called for “a more sustainable and inclusive form of capitalism.”

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