political economy
Trump caved on tariffs, but not before helping billionaire buddies cash in
April 10, 2025The MAGA trade agenda retreats before the discipline of the bond market, a punishment usually reserved for left-wing governments.
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The view from China: ‘Reciprocal tariffs’ only lead to reciprocal suffering
April 4, 2025The U.S. is trying to defend its hegemonic position in the world economy, but these measures may well end up backfiring.
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Layoffs, price hikes, retaliation: What workers can expect from Trump’s trade war
April 3, 2025Progressive economists say his tariffs could cost every household $5,200 a year.
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Trump’s ‘Liberation Day’ means war for the whole world
April 2, 2025April 2 is certainly a landmark day in the decay of capitalist globalization, the ascendant force in the world economy since the 1970s, dominant since the 1990s, and in crisis since the crash of 2008.
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Liberation Day? Big business plays tariff games while workers pay the price
April 2, 2025The problem isn’t just “bad trade deals”—it’s what social force ultimately controls the economy—the capitalist class.
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