Päivi Uljas
@uljas2
Puutarhanhoitoa, ruoanlaittoa, dekkareita sekä historiantutkimusta ja radikalismia.
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Kalecki again proven: Prices of non-storable, not-easily-reproducible, labor-intensive goods vs. prices of capital-intensive durable goods. Based on this distinction I wrote this piece 2.5 years ago: Market Power and Inflation medium.com/@monetarypolic…
Look at this dispersion of prices and you still want to argue that lopsided globalization and the China shock are America's #1 problems, rather than massive nationalists distractions from the actual issues of domestic social reproduction?
I was curious: here is the share of the current 27 European Union members in global GDP (in purchasing power terms) since 1990. (China's current share is just short of 20%, US around 16%) Source: World Bank World Development Indicators 2025
America’s Undeclared War on Iran: Sanctions, Sabotage, and Hypocrisy We’ve waged a ruthless war on Iran for decades—economic strangulation masked as “sanctions” and “diplomacy,” aimed at breaking a sovereign nation. Layer upon layer of unilateral sanctions choke global trade,…
With the world's eyes on US oil interests, let's not forget who benefits from fossil fuel profits: The richest of the rich. Our research shows: 50% of the record fossil fuel profits in 2022 went to the wealthiest 1% of US Americans, the bottom 50% only received 1%.
World renowned medical journal, "the Lancet" has published data concluding that US imposed sanctions cause the deaths of more than 564,000 people each year. More than half of the dead are children under the age of 5 Why isnt this front page news in Western Media?
BREAKING: A coalition spanning Latin America and Europe has issued a joint declaration calling for the immediate release of Venezuela’s president, Nicolás Maduro. Signatories include Mexico, Brazil, Colombia, Chile, Uruguay, and Spain.
Economist Michael Hudson explains how US debt and African debt are fundamentally different, and how the US, IMF and World Bank deliberately keep Africa poor.
Michael Hudson’ great answer to a journalist question about the nature of financial capitalism: Speculative gains are financial in character. They are deliberately created by using revenue to increase asset prices, not to expand the business. I am reminded of Sun Tzu's The Art of…
Here's your regular reminder that privatizing the government transforms public services that serve all of us into wealth extraction devices that serve the wealthy. There's nothing inherently smart or mysteriously efficient about privatization. It's just another way for corrupt…
This is the full graphic - the correlation between the West's wars and refugee flows to the UK is striking. We reap what we sow.
Mass Privatization is just one manifestation of what happened in 1980: the rise of neoliberalism, the credo - as expressed by Milton Friedman - that a corporation has no responsibility to society other than to make a profit for its shareholders. The uncoupling of capitalism from…
What happened starting in 1980? Mass Privatisation. So instead of your wages being decided by what your Government could afford and what you earned, you are paid as little as possible to maximise profit.
Did you know that in parts of Turkey, people eat sugar beets raw like a fruit? Street vendors peel these super-sweet white roots on the spot, slice them up, and sell them as a crunchy, juicy snack. [🍠 pusudabirgurme]
Today, Bengal's muslin has become extinct. During the British occupation, the British deliberately destroyed looms, banned the craft, jailed weavers cut their thumbs off… all to force cotton on India from Manchester. However, back in the 18-19th century, it used to be a…
Kirjaesittely Branco Milanovic osallisuusmedia.fi/kiinnostava-op…
Colonel Jacques Baud : « Oui, j'ai été sanctionné pour "propagande russe". Le fait que je n'utilise jamais de matériel russe pour mes livres, mais exclusivement des informations ukrainiennes et occidentales et que j'ai par conséquent refusé des invitations de médias russes, je…
Striking new preprint study here on responsibility for climate damages. The authors have calculated the total damages caused by emissions from 1950-2022, with damages cumulated to 2100. They find that high-emitting countries impose much more damage on the rest of the…
🇨🇳 This guy masterfully explains how China encourages industries to cluster in specific cities and metropolitan regions, enabling those clusters to benefit from economies of scale in their chosen industry and outcompete entire countries.
How does a former empire recover from its collapse? It doesn't. Look at Spain 🇪🇸. Spain simply sat down on a bench for a quick siesta at 2:30 PM in 1650, drifted into a 3-century coma, & woke up to discover it was now a budget hotel for the British working class. The fall of…
NEW: Behind Italy’s beauty (and parmesan) is a radical tradition of cooperatives. In some areas, they make up nearly a fifth of the GDP. We went to Emilia-Romagna, one of the richest regions in the country, to investigate how Italy’s workers built a more democratic economy.
Kerala has abolished extreme poverty! The second place on the earth after China. Read my newsletter (thetricontinental.org/newsletterissu…) and then our Tricontinental study (done in cooperation with the Uralungal Labour Contract Cooperative Society Research Centre) on the cooperatives of…
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