Tag - economic analysis

Economics of Hunger

Two-thirds of the world's population is malnourished and many people are starving this year. It is commonly assumed that a country does not produce enough food only if it cannot. If it were possible, the food would obviously be raised. Three reasons are generally given for widespread hunger:  (a) A country's farmers...

Technological Dependence: Patents and Transnational Corporations

The purpose of this analysis is to explore the relationship which the less developed countries (LDC) have with the United States, Europe, and Japan concerning technological dependence. This dependence, engendered by the patent system along with the sale and distribution of technology by transnational corporations...

US Ethical Drug Industry

The prescription drug industry, with the complicity of protecting and supporting institutions of its corporate capitalist complex; the government and the FDA, the doctors and the AMA, the advertising media, has made the technology of drugs and health care a destructive one, a technology designed to promote the best...

Population Control and Organized Capital — The Case of Japan

The following is a commentary on a feature appearing in the magazine Science and dealing with the population policy of Japan. Since World War ll Japan has made extensive use of abortions which have been promoted and encouraged by the national Eugenic Protection Law passed in 1948. In this way Japan has curbed its...

Inflation, Recession, and Crisis

Since Nixon announced his new economic program, the American left has been searching for an effective response. In its reaction to the program and the underlying economic crisis, the left has not yet escaped some of its most familiar failings. On the one hand, many radicals cling to an image of cataclysmic economic...

Manipulation of Men for a War Economy

The details are now well known to everyone. Government military spending is large enough so that variations in it can provide economic stabalization. (Increases in government spending usually come conveniently enough in the areas of arms, while cutbacks are made in the less profitable realm of non-destructive items...

Raytheon: The Tip of a Stolen Iceberg

The Raytheon Company is the biggest military producer in Massachusetts, and in 1969 was the 11th biggest in the nation. Raytheon is also the largest employer in the state. Early last year the company employed over thirty thousand in the greater Boston area alone. Raytheon does much more military work in Massachusetts...

Unemployment in America — The People Pay for Inflation

That rampant inflation can be eliminated only by increasing the level of unemployment, with all the trauma so implied, has now become a commonplace, accepted but often not understood. The present accelerated inflation in the USA derives from two sources which appear to reinforce and strenghten one another. The first...

Unemployment of Scientists and Engineers

Unemployment in the United States rose to 5.5% in September of this year and there is every indication that it will increase further. The last time a similiar level of unemployment prevailed was in the early sixties before the escalation of the Vietnam War. However, in today's situation a new dimension has been added...