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Economics Archives - Institute of the Black World 21st Century

Trump’s Trade War and the Emerging Corporatist-Fascist State

Trump’s Trade War and the Emerging Corporatist-Fascist State

By Commentaries/Opinions

By Anthony DiMaggio, Counter Punch — President Donald Trump’s fit over China speaks to the rise of neofascism in American politics, at a time when neither Congress nor the courts are showing any interest in rolling back presidential power. Trump’s unique brand of neofascism first emerged in the form of his attempt to crack down on journalistic critics for “treason,” and via the onset of his white ethno-nationalist, which he declared via…

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The Rich Can’t Get Richer Forever, Can They?

The Rich Can’t Get Richer Forever, Can They?

By Commentaries/Opinions

Inequality comes in waves. The question is when this one will break. By Liaquat Ahamed, The New Yorker —  In 1831, Alexis de Tocqueville, at the age of twenty-five, was sent by France’s Ministry of Justice to study the American penal system. He spent ten months in the United States, dutifully visiting prisons and meeting hundreds of people, including President Andrew Jackson and his predecessor, John Quincy Adams. On his…

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What Reparations for Slavery Might Look Like in 2019

What Reparations for Slavery Might Look Like in 2019

By Reparations

The idea of economic amends for past injustices and persistent disparities is getting renewed attention. Here are some formulas for achieving the aim. By Patricia Cohen, The New York Times — If you’re surprised that the issue of reparations for black Americans has taken so long to resolve, blame the president. President Andrew Johnson. As the Civil War wound down in 1865, Gen. William T. Sherman made the promise that would come to be…

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Commentary, Articles and Essays by Dr. Julianne Malveaux

Please Bring School Supplies

By Dr. Julianne Malveaux

By Julianne Malveaux — The event promised to be one of those last-gasp of summer events that would raise a little money for a good cause. The young woman who called to tell me about it promised that I’d meet interesting people, enjoy excellent wines and that the cost of attending was modest. “We aren’t charging anything this year, ” she said rather breezily. “But please bring school supplies.” Her…

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Commentary, Articles and Essays by Dr. Julianne Malveaux

What Goes Up, Must Come Down, but When?

By Dr. Julianne Malveaux

By Julianne Malveaux — President Barack Obama and his team masterfully designed an economic recovery from the George W Bush-induced Great Recession of 2008. The man who now leads our country inherited the Obama recovery and claims credit for our robust economy whenever he opens his mouth. There are signs that the ten-year expansion is slowing, and that our 45th President may be squandering the gift President Obama gave him….

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Alicia Barcena

Latin America – Caribbean GDP expected to decline: 0.5 percent in 2019 vs 0.9 percent 2018

By News & Current Affairs

Santiago, Chile – The Economic Commission for Latin America and the Caribbean (ECLAC) expects economic growth in the region to continue to decline, due to an international context of greater uncertainty and complexity, and weak performance by investment, exports, and consumption. This is the outlooks of the annual Economic Survey of Latin America and the Caribbean 2019, announced this week by Alicia Bárcena, Executive Secretary of the United Nations regional…

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Jeffrey S. Lowe, PhD

Overview of the Crisis of Gentrification in Black America

By Gentrification

Presentation by Jeffrey S. Lowe, PhD, Associate Professor, Department of Urban Planning and Environmental Policy, Texas Southern University for the Institute of the Black World 21st Century (IBW). National Emergency Summit on Gentrification Newark, New Jersey, April 4, 2019 Any overview concerned with gentrification that is causing crisis in Black America must begin with defining the process in a meaningful way and contextualizing the situation to particular times and sets…

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Commentary, Articles and Essays by Dr. Julianne Malveaux

Poverty and the Fallacy of Long-Term Economic Greatness

By Dr. Julianne Malveaux

By Julianne Malveaux — The first week of July produced a somewhat positive Employment Situation report. While the unemployment rate ticked up just a bit, about 224,000 new jobs were created, nearly three times as many as were created in the tepid previous month. There was, of course, the Administration crowing about the strength of the economy, and with wage growth on the rise, an impassioned outsider might agree that…

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“If there was something to do in this town, this town would prosper, because there’s a lot of loyal people here, a lot of good people,” said Tre Lewis, who lives with his family on Youngstown’s south side.

The Nonwhite Working Class

By Editors' Choice

Talking to the people in Youngstown, Ohio, that the national media usually ignores. By Henry Graber, The Slate — YOUNGSTOWN, Ohio—In 1984, Lewis Macklin stood up at a community meeting and argued that city officials should shut down his high school. It had been seven years since Black Monday—when Youngstown Sheet & Tube announced it was closing its largest factory, costing 5,000 people their jobs and setting off a chain of plant…

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A mural of Bob Marley at Notting Hill Carnival in 2012.

Jamaica Is Using Bob Marley’s Legacy to Market Austerity

By Editors' Choice

The reggae icon would be embarrassed by his country’s attempts to rebrand a disastrous ideology. By Keston Perry, The Nation — The island nation of Jamaica holds a special, almost spiritual significance for many people of color, as well as for anyone concerned about advancing equality and justice in the world. It is the birthplace of the Rastafari movement, reggae, dancehall—and democratic socialism before it became popular in the United States.…

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