Are we seeing the collapse of the dollar-dominated global economy?
By James Meadway, Open Democracy
The near future is one of grave uncertainty and instability as the new global monetary regime takes shape.
Inflation is squeezing workers. We need a £15 minimum wage
By James Meadway, Open Democracy
It’s time for some bold thinking on how to fairly protect those in work from the worst of its impact. A £15 an hour minimum wage by 2024 should be the target.
Lashing together a life raft: Covid-19 strategies for the left
By James Meadway, Red Pepper
There is little space for optimism in the world we are entering, but instead an urgent need to respond to its demands with a sober sense of its constrained possibilities. Our aim should not be to build utopia, but to lash together a life raft.
Neoliberalism is dying – now we must replace it
By James Meadway, Open Democracy
Neoliberalism might be dying, but this is no reason for complacency. Some of what is now happening points to a decisively worse world: digitally enabled authoritarianism and overtly discriminatory government policy, for example.
COVID-19 is here to stay. Now we must redesign our economies around it
By James Meadway, Open Democracy
We need to think about COVID-19 as a relatively long-term problem, rather than something that can be dealt with as a short, sharp shock.
How Fracking Changed the Economics of Oil Production Around the World
By James Meadway, DeSmog Blog
US shale oil is unusual, in being privately owned: most of the world’s oil reserves (over 70 percent) are in state hands.
Deflation and the eurozone: why falling prices aren’t always good news
By James Meadway, New Economics Foundation
As oil prices continue to fall, a strange phenomenon is making its presence felt across Europe: deflation.
The next financial crisis – not if but when
By James Meadway, New Economics Foundation
The latest World Economic Outlook from the International Monetary Funds (IMF) paints a gloomy picture of slowing growth across the world.