By Salvatore Babones. From Policy Press: After a meteoric rise, China’s once inexorable growth has come to a screeching halt, ending the Chinese dream of establishing a new tianxia (”harmonious order”;) in Asia with China at its center. In this book, Salvatore Babones provides an up-to-date assessment of China’s economic problems and how they are … More New book: American Tianxia – Chinese Money, American Power and the End of History
by Justin Akers Chacón From Haymarket Books: Aground-breaking history of the radical political movements that developed within the Mexican and Chicano working-class in the United States. Radicals in the Barrio uncovers a long and rich history of political radicalism within the Mexican and Chicano working class in the United States. Chacón clearly and sympathetically documents … More New Book: Radicals in the Barrio – Magonistas, Socialists, Wobblies, and Communists in the Mexican-American Working Class
Edited by Nicholas D. Hartlep, Lucille L.T. Eckrich, Brandon O. Hensley From Routledge: Capturing the voices of Americans living with student debt in the United States, this collection critiques the neoliberal interest-driven, debt-based system of U.S. higher education and offers alternatives to neoliberal capitalism and the corporatized university. Grounded in an understanding of the historical … More New Book: The Neoliberal Agenda and the Student Debt Crisis in U.S. Higher Education
By Héctor Reyes, Puerto Rico has been a U.S. colony since 1898. Arguably, the two most exacting moments for the Puerto Rican people under the U.S. boot had been: (1) the actual moment of the 1898 invasion of the Island when the U.S. placed it under direct military rule for the following three years, causing … More A New Dangerous Stage of the Colonial Plunder of Puerto Rico by U.S. Imperialism
By Servaas Storm, The Great Financial Crisis of 2008 deeply scarred the U.S. economy, bringing nine dire years of economic stagnation, high and rising inequalities in income and wealth, steep levels of indebtedness, and mounting uncertainty about jobs and incomes. Big parts of the U.S. were hit by elevated rates of depression, drug addiction and ‘deaths … More The New Normal: Demand, Secular Stagnation and the Vanishing Middle-Class
William Lazonick, professor at University of Massachusetts Lowell, explains how rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.
By Yves Smith, The Financial Times has a generally good update on the state of the student debt bubble in the US. The article interesting not just for what it says but also for what goes unsaid. I’ll recap its main points with additional commentary. Note that many of the underlying issues will be familiar … More Student Debt Bubble Diminishes Demand and Ruins Lives, Yet Officials Keep Inflating It