Political Economy

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Articles and posts tagged with "Political Economy":

In 2008 the global financial crisis devastated millions of lives and kicked off a major recession. Governments around the world responded by printing money and bailing out the capitalists who had caused the crisis while working people lost their homes and savings.
Does hard work in our society “pay off?” Generally it does not. A recent study found that 63% of Americans do not have enough savings to cover an unexpected $500 expense. And between 2015 and 2017, the number of homeless Americans without nightly shelter increased by 10% according to the Associated Press.
What do communists stand for? And in particular, what do we mean when we talk about classes, class struggle, and proletarian revolution? The following article is written in answer to these frequently asked questions. Communism as a philosophy and a social system represents the highest interests of the working class.
U.S. President Donald Trump (left) speaks to Turkish President Recep Tayyip Erdoğan (right). The recent geopolitical strife between the U.S. and Turkey has drawn significant attention from the international press. There has been speculation that the related depreciation of the Lira (the currency in Turkey), resulting inflation in the country, and the flight of foreign capital from the country could spark a major international economic crisis.