Economy

In the midst of a coronavirus pandemic, the world is facing a doubling in the number of global poor. But governments focusing on huge rescue packages to save corporations, including those registered in tax havens, from taking too big a hit, writes Astrid Paulsson.

Reopening the US economy while the virus is still freely circulating will cost lives, writes Mike Davis.

United States President Donald Trump has made many stupid remarks in his daily campaign events on TV, writes Barry Sheppard. But suggesting that injecting or ingesting “disinfectants” could be used to combat the virus has created criticism even within his own party.

The science must guide how we safely return to work. Those who pit generations against each other are pushing a cheap and nasty divide-and-rule strategy which deflect from capitalism's failures to all generations, writes Pip Hinman.

Modern Monetary Theory is getting increasing attention as a means to solve economic problems, especially as governments spend big under COVID-19. Neville Spencer explains its usefulness and its limitations.

Without a joint effort to stop the effects of the COVID-19 pandemic on the global poor, the state of world poverty is looking grim, writes Astrid Paulsson.

As the cost of bailing out corporate Australia keeps rising, the calls to raise the regressive GST and cut taxes for the rich have already started. They have to be resisted, argues Peter Boyle.

Abigail Boyd had a front-row seat to watch the wealthy be bailed out after the Global Financial Crisis in 2008. She warns the same is already happening with the COVID-19 pandemic.

Malaysia is being battered by a serious three-faceted crisis, argues Jeyakumar Devaraj

Our response to COVID-19 has to emphasise that nobody is expendable, and the needs and lives of vulnerable people, the poor and oppressed are more important than corporate profits, writes Isaac Silver.

Pages

Subscribe to Economy