The growing competition between Washington and Beijing for influence offers opportunity and perils. By Mac Margolis, Bloomberg — In his recent swing through Latin America, U.S. Secretary of State Mike Pompeo had some stern words for regional leaders about Chinese bearing gifts. “Malign practices,” “predatory loans,” envoys toting “bags full of money” to bribe officials: Such were the hazards of consorting with the would-be mandarins of the Americas, he said…
The disproportionate focus on corruption of national leaders distracts from the systemic theft of national wealth by multinational corporations By Celina della Croce — Every year, the vast majority of Ghana’s natural wealth is stolen. The country is among the largest exporters of gold in the world, yet—according to a study by the Bank of Ghana—less than 1.7 percent of global returns from its gold make their way back to the Ghanaian…
By Dr. Julianne Malveaux — Our nation’s 45th President is dead set on a trade war. He has increased tariffs on goods produced in China, and he has now indicated…
Portland OR, March 11th – Members of the Minority Cannabis Business Association (MCBA) unveiled their latest model policy recommendation to lawmakers and cannabis regulators, this time releasing a Model Municipal Social…
By Noah Smith, Bloomberg — The issue of reparations for African Americans is, of course, full of more moral and historical issues than one column, even by someone with much greater understanding and deeper knowledge than me, could ever resolve. But since the proposal is now being taken seriously, it’s worth thinking about the economics of how it could and should work. The idea of compensating the descendants of American…
By Heather Gray, Justice Initiative — Preface I first wrote this article below about W.E.B. DuBois (1868-1963) in 2007 for Counterpunch. It has been slightly edited. I think given the…
Venezuelan Oil Unifying Latin-America By Johannes Alvarez & James Fiorito 2005 Stanford University Introduction Hugo Chavez was named the fourth most influential person of 2005 in the world by Time…
Atlanta, GA — The “Buy Black” movement draws the attention of a French news outlet. In this video you’ll hear from Killer Mike (Rapper, Activist), Dr. Boyce Watkins (Author, Economist),…
On King Holiday Commemoration: 600 Black Legislators Resolved to Push Policies for Economic Justice. Resolution considered new win for Black Wealth 2020 By Hazel Trice Edney — It was three…
By Julianne Malveaux — As I write this, our federal government has been shut down for 27 days. At first, it seemed like a gamesmanship joke, like who was going…
Topics: Slave Conditions In Sugar Land: The Modern Convict Lease System • A New Social Contract for Jobs and Working People • Preview of New York African Diaspora International Film Festival. Guests: Cathy Albisa (Exec.Dir., National Economic and Social Justice Initiative, New York, NY), Atty. Darryl Scott (Social Justice Advocate, Houston, TX) and Maurice Carney (Exec. Dir., Friends of the Congo, Washington, D.C.)
“The modern capitalist world would not exist without colonialism and the drain,” says Indian economist Utsa Patnaik By Sean Bell, Common Space — BRITAIN impoverished India over the course of its…