global economy
In the last four decades, we have experienced secular stagnation, priva[1]tisations, cuts in public investments and employment, and a rise in financialisation, financial profits, market concentration, profit share in Gross Domestic Product (GDP), unemployment, and inequality at the global level. This neoliberal era is marked by the inflation in stock markets fuelled by excess inflows through private pension funds and health insurances, advertisements, brand value, innovation, college education, and white-collar jobs. These should all be...
read more "Financialisation, Wage Inequality and Market Concentration"
read more "Financialisation, Wage Inequality and Market Concentration"
Economist and journalist Martin Khor, whose life was cut short by cancer on 1 April 2020, was a standout figure in the struggle for a radical transformation of global economic relations. Born into a middle-class family in Penang (Malaysia), he initially carved out a career in public administration and in academia before taking up his life's mission, the fight for a just new world economic order, as the Research Director of the Consumers' Association of Penang and from 1990 onwards as the Director of the Third World Network (TWN). ...
read more "Martin Khor – a life spent fighting for a just global economy"
read more "Martin Khor – a life spent fighting for a just global economy"