Production in the global economy relies on the labour of workers around the world, and the resources of our common planet. But the yields of our production are captured overwhelmingly by a small elite, who determine how labour and resources are used, and how our...
The institutions of global economic governance are highly unequal. The core states enjoy the overwhelming majority of voting power and bargaining power, allowing them to determine the rules of international trade and finance in their own interests. The...
The success of the anti-colonial movements in the middle of the 20th century triggered a crisis in the core states, as it constrained their access to cheap labour and resources. In the 1980s, they retaliated to restore the colonial structure of the world economy. For...
Rich countries are responsible for the vast majority of the excess emissions that are causing climate breakdown, while the impacts fall disproportionately on communities in the global South. The climate crisis is playing out along colonial lines.Climate breakdown is...
Climate change is class war. This crisis is being caused overwhelmingly by the global rich, who have extremely high personal emissions and who exert disproportionate control over the economic system.The facts about carbon inequality are staggering. This graph shows...
Over-emitting countries hold responsibility for climate breakdown and owe reparations to low-emitting countries for atmospheric appropriation and climate-related damages.Global emissions exceeded the planetary boundary in 1988 and the world is now nearing 1.5 degrees...
Capital accumulation requires cheapening labour. Women suffer this pressure disproportionately, as ideologies of patriarchy and sexism are leveraged to deny them full rights. The result is large and persistent gender inequalities in income, education and political...
Debt is often leveraged by international capital to control economic policy in global South countries, and to impose claims on Southern labour and resources. The South also suffers losses from other financial outflows.In 1980, the US Federal Reserve hiked interest...
The global economy massively overuses resources and yet still fails to meet basic human needs. This occurs because production is organized around corporate profit and elite accumulation rather than human well-being.In 2012, the economist Kate Raworth created the...
The core-periphery structure of the capitalist world economy is ultimately maintained by force. The core states project coercive power around the world, with the primary objective of curtailing the sovereignty of global South countries and maintaining access to...