Economics and politics - comment and analysis

Climate change, Migration, Capitalism. Solutions for systemic failure. Part 1: Systemic failures

Introduction
David Wallace-Wells’ recent article The Unhabitable Earth in New York Magazine has been read by hundreds of thousands. “It is, I promise, worse than you think,” the first sentence reads. There is no doubt that many readers have been shocked by the avalanche of sober information that the author presents in order to make the point that it is, …

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How it was possible for Trump to win the presidency. Trade and war casualties

In 2016, Flassbeck-economics provided extensive comment and analysis of the caucuses, the primaries and the ultimate presidential election in the USA. Afterwards, I wrote up a long piece trying to explain Trump’s victory. I pointed towards a variety of reasons, the two most important ones were Clinton’s economic program and her pro-war stance. …

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Manchester, London, Salafist fundamentalists, British weapons, vast markets

Daniel Read tells the story of William Dowell, an American reporter during the Bangladesh Liberation War of 1971. Dowell ran into problems of his own, soon deciding that his editors operated using a “calculus of death” to determine “newsworthiness.” In Dowell’s view this meant placing greater or less value on human lives, …

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