Political Economy

At the Weave we believe that politics and economics have always gone hand in hand. Political economy is about structures of power and how these structures shape the conditions within which all of us live our lives. This section of the Weave is devoted to analysis and discussion of current issues that reveal the dynamics of power, from the local to the global and everywhere in between.

Mechanisms of Growth and Financialization

    In order to connect and extend the processes outlined in

An Overview of Banking, Knowledge-Bearing, and Opacity

    In my next series of posts I would like to examine the role of banks and financial institutions in the United States.

The Emergence, Part 2: Debt-Driven Growth, Financial Colonization, and Speculation/Debt Reciprocity

(This is the second post in a series on the rise of finance capital in the United States, for Part 1, click here.)

 

The Emergence of the Hegemony, Part 1

(This is the second post in a series on the rise of finance capital in the United States, for part 2, click here)

 

 

The "A" word

Earlier on I wrote about "There is no such thing as AFRICA”. But of course there is.  You and I cannot deny the obvious existence of the African continent, (it’s on the map - clearly) however, I feel that coining the term 'African' its mere usage has been of more detriment than good. But I say that with a clear bitter taste of reality. And reality bites.

Wanna be happy.. Live here - Click to Enter ...

See Article from Forbes:

http://www.forbes.com/sites/christopherhelman/2011/12/07/the-worlds-happ...

So enraged as I am I will try to write with a tad bit of composure and tact. For I do believe that the Legatum Institute has created an index or collection of indices to measure which people around the globe laugh more and who are likely to have more sad days in any given 365.

Foreign Aid: A Curse or a Cure for Afghanistan?

By: Abid Amiri http://abidamiri.wordpress.com/

The World Bank forecast, released last Tuesday, shows concerns that the Afghan economy will enter a deep recession as the international community gradually reduces both the aid it provides to the government of Afghanistan and the start to draw down the troops by the end of 2014. It begs a question of why Afghanistan is still dependent on foreign aid.

While Rome is Burning

There has never been such rejoicing at the resignation of a post-war Prime Minster as was on display yesterday in the streets of Rome: music, popped champagne and dancing in the streets, and much talk of a page being turned in Italian history. This, however, remains to be seen.

The Politics of the Poverty Line Revisited, Pt. I

186 A little more than a year ago, I wrote about the Census Bureau's effort to redraw the poverty line and the political clashes it might cause. Now the Bureau has worked out the kinks in their new formula and plans to reassess poverty statistics.

Great timing, no? As thousands of Americans protest economic inequality, and presidential hopefuls pander to rival classes for votes, this new wrinkle in the debate promises to stir the pot politically. Perhaps inadvertently, then, the Census Bureau has ensured that poverty will be a campaign issue in 2012.

What it hasn't done is offer any meaningful way out of the problem. As part of academia I support the Bureau's efforts to study the problem. Yet as a poor American I'm not sure I care about statistics. I'd prefer change.

Reporting Poverty

126 As farsighted Americans focus on problems abroad, those beneath their noses worsen. As of late, however, the national media has begun to cover the social issues troubling the United States, especially poverty. What has prompted this change and how long will it last?