Austerity Versus Stimulus | by Prabhat Patnaik

IT is obviously silly to push for austerity in the midst of a recession, not just silly but cruel, since it prolongs the pain of unemployment. The recession is caused by a deficiency of aggregate demand. To overcome it what is necessary is an increase in demand which...

Libya: The West’s new client? | by Simon Assaf

The uprising in Libya was inspired by the revolutions in Tunisia and Egypt. But the intervention of Nato forces changed the situation dramatically. Simon Assaf asks if Libya is now destined to become a client state of Western powers or whether its revolution could...

The Dynamics of the Uprising in Syria | by Hassan Abbas

Most people interested in Syrian affairs used to believe that the country was extremely stable. The regime’s media fed this belief, constantly reiterating the assertion that Syria was the most secure and stable country in the world. In fact, however, this stability...