COMMENT | Gertrude Kamya Othieno | The relationship between Africa and Europe over the last 600 years has been anything but equal. What began as mercantilist trade expanded into a complex system of exploitation that evolved into modern capitalism. This dynamic redefined Africa, not as a continent of innovation and agency but …
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Western observers have treated inequality as a domestic issue but this framing often overlooks the plight of hundreds of millions of impoverished people around the world COMMENT | KENNETH ROGOFF | In 2014, the French economist Thomas Piketty’s Capital in the Twenty-First Century became an international sensation, reshaping the inequality debate …
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Faced with a choice between parasitic capitalism and emerging neo-fascism, pessimism is reasonable COMMENT | ROBERT SKIDELSKY | In 2003, the literary critic Fredric Jameson famously observed that “it is easier to imagine the end of the world than the end of capitalism.” For the first time in two centuries, he …
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Elizabeth II was a Smithian light who reminded society of the value of compassion and Stoic virtues COMMENT | JACOB SOLL | It might seem like an obscure footnote among the history-making events of 2022, but the year of Queen Elizabeth II’s death coincides with the 300th anniversary of …
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Why Uganda’s economy is dominated by multinational capital and what cannot be done about it THE LAST WORD | ANDREW M. MWENDA | So we come to our third and last instalment on how post-1986 Uganda cultivated groups and interests hostile to local firms. First to be discredited were local …
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COMMENT: By Anatole Kaletsky Factors powering next phase of capitalism must be paired with government redistribution of gains The biggest political surprise of 2016 was that everyone was so surprised. I certainly had no excuse to be caught unawares: soon after the 2008 crisis, I wrote a book suggesting that …
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The Independent Uganda: You get the Truth we Pay the Price