Global economics

End of Nuclearism or the End of the World: Utopian Dreams, Dystopian Nightmares


By Richard Falk
We are living amid contradictions whether we like it or not, driving expectations about the future toward opposite extremes.
Increasingly plausible are fears that the ‘sixth extinction’ will encompass the human species, or at least, throw human society back to a technology of sticks and stones, with a habitat limited to caves and forests.

“Modern” business owns you


By Johan Galtung and Malvin Gattinger
Let us start with an example.
The senior author bought an apartment in a nice housing complex in the little town of Manassas, Prince William County, half an hour from the center of Washington DC. There was a little center with an office and a small staff always there, and a meeting room that could be let was also used for the annual general assembly of house-owners.

French election demonstrates Europe’s strength


By Jonathan Power
The result of the first round of the French presidential election has given the Euro-pessimists a knock over the head. About time too.
The European Union is not going to face break up. Big crises come but they also go. The Euro currency crisis was not dealt with as well as it should have been – austerity was the policy of the long way round – but it passed.

China and Europe – comparisons and futures


By Johan Galtung
To understand something we often compare it with something else.
A recent Harvard study found 26.7% of world car production in China and 13.3% in USA; US economy bigger but China leading in export with 8 of the 12 biggest harbors; USA end 2016 fighting 7 wars with bases all over and China with no wars or bases, investing, building the New Silk Road-Lane, the Economic Belt. How successfully, it is to be seen.