Marxism and the Global Political Economy

When looking at the global political economy from a Marxist economic theory, the world is divided up into two opposing camps: an exploited and an exploiting class. Hence, many Marxist theorists view the political, social and economic structure, in which we operate, as not fair but rather oppressive. Within the northern sphere of the world, … Continue reading

China and the Global Financial Crisis

Is China’s current economic model sustainable in the long run? The recent reformations in increased government activism spell out an altered era for the Chinese economy. Prior to the global financial crisis the Chinese state allowed for an enhanced marketisation within the country. This, however, came to a halt when the global economy came tumbling … Continue reading

Economic Adjustment and Development

Since the 1980’s the World Bank has been lending money to developing countries in order to combat poverty and improve economic, political and social structures of these nations. These loans come attached with various conditions that seek to implement neo-liberal market standards into the economies of the lendees under the pretext that orthodox regulations are … Continue reading