Countries in the Global South increasingly view President Trump’s “America First” foreign economic policies as both a coercive force and a catalyst for greater economic autonomy.
Bretton Woods
Posted inEconomic Policy
We Never Had Free Trade
The U.S. trading system since the 1970s has screwed American workers. But the main culprits are the American capitalists who devised the system, not foreigners.
Posted inEconomic Policy
The Risks of the Biden Escalation
A false choice has been set up between neoliberal globalization and economic rearmament.
Posted inEconomic Policy
After Hyper-Globalization
What should the next trading system be? Can we restore the capacity of the U.S. to produce—and of all nations to regulate capitalism?
Posted inEconomic Policy
The Vibe Shift to Stuff
With the real economy resurgent, the World Bank and IMF could be reformed to manage capital flows and make trade deals about trade again. But the mood in Washington makes this unlikely.
Posted inAmerica and the World
Could America Act Like China?
Trump’s trade appointments represent a drastic change from business as usual.
Posted inMoney, Politics, and Power
Bretton Woods Revisited
John Maynard Keynes’s monetary strategy was awkward and utopian. Don’t underestimate what it accomplished.