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Tag Archives: Non classé

Global inequalities: where do we stand?

Thanks to the combined efforts of 150 researchers from all continents, the World Inequality Database (WID.world) has just put new data online on the distribution of income in the different countries of the world. What does it tell us about the state of global inequality? The main innovation is that the data collected make it possible to cover almost all countries. Thanks to research carried out in Latin America, Africa and Asia, 173 countries representing 97% of the world’s population are...

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What to do with Covid debt?

How are States going to deal with the accumulation of public debt generated by the Covid crisis? For many, the answer is clear: central banks will take on their balance sheets a growing share of the debts, and everything will be settled. In reality, things are more complex. Money is part of the solution but will not be enough. Sooner or later, the wealthiest will have to be called upon. Let’s recap. In 2020, money creation has taken on unprecedented proportions. The Federal Reserve’s...

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Can the left unite on Europe?

In France, as in Germany and most other countries, the left is heavily divided on the European question, and more generally on the strategy to adopt in the face of globalisation and the transnational regulation of capitalism. While national deadlines are fast approaching (2021 in Germany, 2022 in France), many voices are calling for these political forces to unite. In Germany, however, the three main parties (Die Linke, the SPD and the Grünen) are likely to find it difficult to reach...

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Reconstructing internationalism

Can we restore positive meaning to the idea of internationalism? Yes, but on condition that we turn our backs on the ideology of unfettered free trade which has till now guided globalisation and adopt a new model for development based on explicit principles of economic and climatic justice. This model must be internationalist in its final aims but sovereignist in its practical modalities, in the sense that each country, each political community must be able to determine the conditions for...

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Confronting racism, repairing history

The wave of mobilisation against racism and racial discrimination poses a crucial question: that of reparations for a past history involving slavery and colonisation. This is an issue which has still not been fully confronted. No matter how complex the question may be, it cannot be eluded for ever, either in the United States or in Europe. In 1865, at the end of the Civil War, the Republican, Abraham Lincoln promised freed slaves that after the victory they would get “40 acres and a mule”...

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The age of green money

Could the Covid-19 crisis accelerate the adoption of a new, more equitable and more sustainable development model? The answer is yes, but under certain conditions. There must be a clear change in priorities and a certain number of taboos in the monetary and fiscal sphere must be challenged. This sector must work to the benefit of the real economy and used to serve social and ecological goals. In the first instance, we must use this forced shutdown to re-start on a different footing. After...

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Avoiding the worst

Will the Covid-19 crisis precipitate the end of the financial and liberal globalisation of markets and the emergence of a new model of development which would be more equitable and more sustainable? It is possible but nothing is guaranteed. At this stage, the most urgent concern is primarily to grasp the extent of the current crisis and to do everything possible to avoid the worst, which is a full-scale hecatomb. Let me remind you of the forecasts in the epidemiological models. Without...

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Sanders to the aid of democracy in the United States

Let it be said at once: the treatment received by Bernie Sanders in the leading media in the United States and in Europe is unjust and dangerous. Everywhere on the main networks and the large daily papers we read that Sanders is an ‘extremist’ and that only a ‘centrist’ candidate like Biden could triumph over Trump. This biased and somewhat unscrupulous treatment is particularly regrettable when a closer examination of the facts actually suggests that only a full-scale reorientation of...

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Social-federalism vs national-liberalism

The United Kingdom officially left the European Union a few days ago. So now, make no mistake; along with the election of Trump in the United States in 2016 this is a major upheaval in the history of globalisation. The two countries which had the choice of ultra-liberalism with Reagan and Thatcher in the 1980s and which, since then, have witnessed the highest rise in inequalities, have decided three decades later to opt for nationalism and a form of return to frontiers and national...

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After the climate denial, the inequality denial

In the wake of the denial of global warming, now on the wane, at least superficially, are we at present witnessing the denial of the rise in inequality? This is obvious in the case of the French government where all the efforts undertaken since 2017 appear to be guided by the idea that the country is suffering from a surfeit of equality. Hence the tax rewards for the wealthiest when the government came into office; hence similarly its inability to understand the demand for justice...

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