A vision of our overheated future on the streets of Mumbai

The chief scandal of the AI boom is not the secretive financial machinations of tech oligarchs, but how much money they have raised on the open promise of an automated, transhumanist future.

Kate Mackenzie and Tim Sahay break down why global inflation and Chinese manufacturing mean the old fossil fuel playbook no longer works.

Economists often take money for granted, ignoring the role it plays in constraining the distribution of resources. A new book by economists J. W. Mason and Arjun Jayadev sets out to overturn the dogma...

Hormuz and the end of American hegemony

The US has imposed a harsh global trade regime to reorder the world economy. Amid the chaos, new possibilities may emerge.

The US dollar is used by governments and investors around the world for trade and as a safe asset. Jacobin asked economist Mona Ali if Donald Trump’s tariffs are destroying trust in the currency and w...

Introduction The financial and trade warfare launched by western allies on Russia after Putin’s invasion of Ukraine in 2022 was unquestionably unprecedented, yet the triangulation between external deb...

On the evolution of dollar hierarchy from Bretton Woods I to the present, and the weaponization of the world dollar.

Capitalism is driving the destruction of our planet. We have to think outside – and against – the framework of our current political system

Capitalism is driving the destruction of our planet. We have to think outside – and against – the framework of our current political system