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Join economist and former Greek Finance Minister, Yanis Varoufakis for a special talk at the University of Sydney. Yanis will discuss his new book, Technofeudalism: What Killed Capitalism, and its implications for Australia as the world enters a ‘New Cold War’ of geopolitical tensions between the United States and China.
The post Yanis Varoufakis, Australia & the New Cold War in the Age of Technofeudalism appeared first on Progress in Political Economy (PPE).
Joe Biden wants you to believe that spending money on weapons is good for the economy. That tired old myth — regularly repeated by the political leaders of both parties — could help create an even more militarized economy that could threaten our peace and prosperity for decades to come. Any short-term gains from pumping in more arms spending will be more than offset by the long-term damage caused by crowding out new industries and innovations, while vacuuming up funds needed to address other urgent national priorities. The Biden administration’s sales pitch for the purported benefits of military outlays began in earnest last October, when the president gave a rare Oval Office address to promote a $106-billion emergency allocation that... Read more
Week-end Wrap – Political Economy – February 25, 2024
by Tony Wikrent
Gaza / Palestine / Israel
Opinion: I’m an American doctor who went to Gaza. What I saw wasn’t war — it was annihilation
[Los Angeles Times, via Naked Capitalism 02-22-2024]
Global power shift