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Showing posts with the label future

What Will Become of the Children Who Will Survive the Israeli Terror?

A few days ago, a British-born woman asked me why Israel had to kill all those Palestinians.  It should  “focus on destroying Hamas only,” she said. I thought she was so naive. A decent and rare piece on the Guardian although the writer has illusions in ‘the international community”  and ‘international law’. What would have been the reaction if those children were pets? What will they think of those who let it happen? Palestinian children injured in an Israeli air strike await treatment at the Nasser hospital in Khan Yunis in southern Gaza, on 17 October 2023 (Photo credit: AFP)
Keynes’ 1930s optimism gained credence with the boom during a major world war and the subsequent post-war Golden Age that restored the profitability of capital for a generation.  Let’s hope it does not take another world war to confirm the  optimism of the modern Keynesians like DeLong . The end of globalisation and the future of capitalism
Globalisation and whose recovery? Yes, some of the so-called recovery is based on low-paid jobs. Some of it is based on precarious jobs.  A Bogus Concept?
The development of capitalism has good news for "the developing countries". How the West will continue to rule. " As the next industrial revolution unfolds, the model for economic growth that arose alongside globalization will offer a less certain path toward development. Though new technologies will not completely erase the benefit of cheap labor, they will reduce the number of opportunities countries have to industrialize, diversify and grow their economies." The Rise of Manufacturing Marks the Decline of Globalization