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The African Union (abbreviated AU in English, and UA in its other official languages) is an intergovernmental organization consisting of 53 African states. Established on 9 July 2002, the AU was formed as a successor to the Organi...
Sources Select Resources
Can You Figure Out What This Chart Means?
The U.S. economy is in the throes of the lousiest recovery since World War 2. The so called monetary stimulus has failed to lift the economy out of the doldrums or produce the robust recovery that th...
A Marxist History of the World part 101: The Long Recession
By the early 1970s, the levers of state economic management had stopped working and the world economy entered a long period of stagnation.
A Marxist History of the World part 92: The Great Boom
In the first three decades after the war, the world economy experienced unprecedented growth rates and falling unemployment. But the boom rested on unstable foundations.
Killing the Host
How Financial Parasites and Debt Bondage Destroy the Global Economy
In Killing the Host, economist Michael Hudson exposes how finance, insurance, and real estate (the FIRE sector) have seized control of the global economy at the expense of industrial capitalism and go...
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