Análisis

Water: a global public good? Or a waste?

Vie, 05/27/2022 - 22:28 -- bacosta

The importance of water care is a recurring theme and water saving campaigns tend to focus on people's everyday activities. However, industries account for approximately 92% of total consumption. More water goes into things than into human consumption. It shows the responsibility for water care rests mainly on the shoulders of the large corporations that run the industries mentioned above and others, not just on individuals' daily decisions. The offshoring of production means that these industries are engaged in plundering developing countries' water. The rich consume, and the poor go without clean water or any water at all.

El agua: ¿un bien público global? ¿o un deshecho?

Vie, 05/27/2022 - 22:14 -- bacosta

     La importancia del cuidado del agua es un tema recurrente y las campañas de ahorro suelen centrarse en las actividades cotidianas de las personas. Sin embargo, las industrias representan aproximadamente el 92% del consumo total del líquido vital. Se destina más agua a las cosas que al consumo humano. Esto demuestra que la responsabilidad del cuidado hídrico recae principalmente en los hombros de las grandes empresas que dirigen las industrias mencionadas y otras, y no sólo en las decisiones cotidianas de los individuos. La deslocalización de la producción hace que estas industrias se dediquen a expoliar el agua de los países en desarrollo. Los ricos consumen y los pobres se quedan sin agua limpia o sin agua.

Biden to Begin New Asia-Pacific Economic Bloc With a Dozen Allies

Lun, 05/23/2022 - 19:57 -- bacosta

President Biden has enlisted a dozen Asia-Pacific nations to join a new loosely defined economic bloc meant to counter China’s dominance and reassert American influence in the region five years after his predecessor withdrew the United States from a sweeping trade accord that it had negotiated itself.

The alliance will bring the United States together with such regional powerhouses as Japan, South Korea and India to establish new rules of commerce in the fastest-growing part of the world and offer an alternative to Beijing’s leadership. But wary of liberal opposition at home, Mr. Biden’s new partnership will avoid the market access provisions of traditional trade deals, raising questions about how meaningful it will be. 

“We’re writing the new rules for the 21st-century economy,” Mr. Biden said on Monday in Tokyo during the launch for what he has termed the Indo-Pacific Economic Framework. “We’re going to help all of our country’s economies grow faster and fairer.”

Good morning. Biden’s new trade deal is based on two big ideas: moving away from neoliberalism and containing China.

Lun, 05/23/2022 - 19:52 -- bacosta

For decades, the mainstream of both the Democratic and Republican parties favored expanding trade between the U.S. and other countries. Greater globalization, these politicians promised, would increase economic growth — and with the bounty from that growth, the country could compensate any workers who suffered from increased trade. But it didn’t work out that way.

Instead, trade has contributed to the stagnation of living standards for millions of working-class Americans, by shrinking the number of good-paying, blue-collar jobs here. The incomes of workers without a bachelor’s degree have grown only slowly over the past few decades. Many measures of well-being — even life expectancy — have declined in recent years.

All along, many politicians and experts continued to insist that trade was expanding the economic pie. And they were often right. But struggling workers understandably viewed those claims as either false or irrelevant, and they refused to support further expansions of trade.

The Molotov cocktail of hunger: inflation, shortages, climate crisis and war

Sáb, 05/21/2022 - 01:35 -- bacosta

Drought, climate crisis, fertilizer shortages and war threaten world food security and inflation; the Molotov cocktail fuse of hunger is burning. As the special military operation continues, it is not clear whether classical monetary theory will control inflation nor whether it will solve the problem of hunger.

El cóctel Molotov del hambre: inflación, escasez, crisis climática y guerra

Sáb, 05/21/2022 - 00:25 -- bacosta

Las experiencias en Eurasia y América Latina son alternativas viables y reales de un regionalismo post-hegemónico; estas regiones, al igual que otras del Sur-global, han ganado terreno frente a Occidente y el eurocentrismo. China ha construido redes de cooperación favorables a sus intereses; con la IFR y el desarrollo de sus países vecinos, logró mover el eje de la economía mundial del Atlántico Norte a la Cuenca del Pacífico. Moscú y Beijín están del mismo lado del multilateralismo bipolar. América Latina, siempre en busca de autonomía, mira cada vez más hacia oriente.

University of Leeds Inaugural Conference on Recent Developments in Insolvency Law Reflections on the Pandemic and Brexit

Vie, 05/20/2022 - 15:43 -- bacosta

About this event

On 13 May 2022, the University of Leeds School of Law’s Centre for Business Law and Practice (CBLP), directed by Professor Peter Whelan, will host its Inaugural Conference on Recent Developments in Insolvency Law. 

The Return of Inflation: Realities, Perceptions, Politics

Mié, 05/18/2022 - 21:40 -- bacosta

Headlines are abuzz with the return of inflation, which, according to some measures, is now reaching 40 year highs. Considering that vanquishing inflation is supposed to be the one undisputed achievement of neoliberalism, why is it rising? Many explanations – from excessive money creation to disrupted supply chains to tightening labour markets and a post-lockdown surge in demand are offered.

The view that it would be a short term affair is giving way to a more sobering assessment of its persistence, particularly since geopolitical conflict gave inflation a booster shot. As for its solution, one thing is clear, dealing with it as Paul Volcker famously did in the late 1970s is not a politically affordable option for governments beholden to elites whose outrageous fortunes depend on low interest rates.

This panel will seek to examine this phenomenon by asking question such as why is inflation rising? Can we expect it persist? What are the major policy-options being discussed and what are their political implications of each? How should socialists think about this new problem?

Eurasia and Latin America in Bipolar Multilateralism

Vie, 05/13/2022 - 20:22 -- bacosta

The contemporary international scenario calls for regionalisms that are appropriate to the political reality of states. The construction of a region is not limited to the dominant vision promoted by the West and the European Union (EU) model. Eurasian and Latin American integration projects and their transcontinental relationship have become more dynamic recently. The People's Republic of China (PRC) and the Russian Federation are key actors in this process. Contemporary multilateralism is heterogeneous and bipolar.

Eurasia y América Latina en el multilateralismo bipolar

Vie, 05/13/2022 - 16:34 -- bacosta

El escenario internacional contemporáneo exige regionalismos adecuados a la realidad política de los Estados. La construcción de una región no se limita a la visión dominante promovida por Occidente y el modelo de la Unión Europea (UE). Los proyectos de integración euroasiática y latinoamericana, al igual que la relación transcontinental, se han dinamizado en los últimos años; en este proceso, la República Popular China (RPC) y la Federación de Rusia son actores clave.

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