Fecha: Lunes, Mayo 23, 2022 - 19:52

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.

Fuente:
Fecha: Miércoles, Mayo 18, 2022 - 21:40

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?

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Análisis del OBELA         /          ( english version )

Tierras raras, ventaja estratégica contaminante

Resumen:

Las tierras raras son una ventaja estratégica para China. Gran parte de las reservas de estos minerales se encuentran en el país asiático. Sin embargo, la minería de tierras raras es altamente contaminante, por lo que China ha emprendido límites a su producción.

Impuso cuotas al volumen de exportación de tierras raras desde 2010 de manera que aprovecha la dependencia del mundo a este mineral. Existen cuotas a la producción, adicionalmente a las cuotas de exportación, que responden tanto a la contaminación inherente a la minería de estos materiales, como a la incipiente diversificación productiva.

La minería de tierras raras es un arma de doble filo para el medio ambiente, por un lado, significa un insumo importante; y por el otro lado, la contaminación que representa ha sido devastadora para algunas regiones en Asia.

La recuperación de China de la pandemia

Resumen:

El brote de COVID-19 comenzó en China a finales de diciembre de 2019, la cuarentena y el encierro comenzaron en enero. Las disposiciones sanitarias detuvieron muchas cadenas de valor mundiales, principalmente las de productos farmacéuticos, automóviles, aeronáutica, electrónica y telecomunicaciones.

Ante el problema, el gobierno chino inmediatamente implementó políticas para evitar que la economía se colapsara. ¿Qué pasó con la economía durante la pandemia? ¿Se ha recuperado?

Las acciones de política económica han mitigado la caída e impulsado la recuperación de la economía china. Esto lo convierte en el único país del mundo con una recuperación fiable en forma de “V”, con un crecimiento real trimestral anualizado en 2020.

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