Early U.S. capitalism was centered in New England. After some time, the pursuit of profit led many capitalists to leave that area and move production to New York and the mid-Atlantic states.
In the past two decades, the external debt of developing countries has quadrupled to $11.4 trillion (2023). It is important to understand that this money owed to foreign creditors is equivalent to 99% of
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The 2024 presidential race took a heated turn as former President Donald Trump and Vice President Kamala Harris faced off in their first debate, held at the National Constitution Center in Philadelphia.
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The manufacturing industry in Germany recorded a surprise growth in the volume of new orders in June while other indicators remained mixed, indicating a fragile recovery of the economy. Real (price-adjusted) new
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What will it take to end Israel’s genocide in Gaza? That’s the question confounding people of conscience all over the world since last October. After Israeli citizens, tax-paying residents of the United
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Following conservative outrage over the 2024 Summer Olympics opening ceremony and, in particular, the depiction of a scene resembling that in Last Supper, former U.S. President Donald Trump labeled the spectacle a disgrace. The
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In a major development for the Shanghai Cooperation Organization (SCO), Belarus was formally accepted as the 10th member state of the inter-governmental organization on Thursday. The latest expansion bolsters the SCO’s capacity
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If a colloquium on early entrepreneurs had been convened in the early 20th century, most participants would have viewed traders as operating on their own, bartering at prices that settled at a
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by John Ross When Chinese friends asked me to explain the anti-China rhetoric on the economy in the West, I told them firstly you have to distinguish what the people in the
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When interest-bearing commercial and agrarian debt came to be incorporated into civilization’s economic structure in the third millennium BC, it was accompanied by clean slates that liberated bondservants and restored to debtors
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An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized world. This
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