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Capitalism and Unmaking of Democracy

Rule of law, transparency, accountability and citizenship rights are fundamental pillars of constitutional democracy. These pillars are eroding rapidly. The democratic cultures based on equality, liberty, justice, reason, science, secularism, tolerance and mutual respect for dissenting and diverse opinions are declining across the globe. The corporatisation of electoral campaigns, market …

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Soaring Gas Prices Fuel June Inflation

It is hard to feel good about this report, but with wage growth slowing sharply in the last six months to around 4.0 percent (compared to 3.4 percent in 2019), it’s hard to see how an inflation rate north of 9.0 percent can be sustained. The overall CPI was up …

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