Political Economy

At the Weave we believe that politics and economics have always gone hand in hand. Political economy is about structures of power and how these structures shape the conditions within which all of us live our lives. This section of the Weave is devoted to analysis and discussion of current issues that reveal the dynamics of power, from the local to the global and everywhere in between.

The Emergence of the Hegemony, Part 1

(This is the second post in a series on the rise of finance capital in the United States, for part 2, click here)



Foreign Aid: A Curse or a Cure for Afghanistan?

By: Abid Amiri http://abidamiri.wordpress.com/

The World Bank forecast, released last Tuesday, shows concerns that the Afghan economy will enter a deep recession as the international community gradually reduces both the aid it provides to the government of Afghanistan and the start to draw down the troops by the end of 2014. It begs a question of why Afghanistan is still dependent on foreign aid.

While Rome is Burning

There has never been such rejoicing at the resignation of a post-war Prime Minster as was on display yesterday in the streets of Rome: music, popped champagne and dancing in the streets, and much talk of a page being turned in Italian history. This, however, remains to be seen.

The Politics of the Poverty Line Revisited, Pt. I

186 A little more than a year ago, I wrote about the Census Bureau's effort to redraw the poverty line and the political clashes it might cause. Now the Bureau has worked out the kinks in their new formula and plans to reassess poverty statistics.

Great timing, no? As thousands of Americans protest economic inequality, and presidential hopefuls pander to rival classes for votes, this new wrinkle in the debate promises to stir the pot politically. Perhaps inadvertently, then, the Census Bureau has ensured that poverty will be a campaign issue in 2012.

What it hasn't done is offer any meaningful way out of the problem. As part of academia I support the Bureau's efforts to study the problem. Yet as a poor American I'm not sure I care about statistics. I'd prefer change.

Reporting Poverty

126 As farsighted Americans focus on problems abroad, those beneath their noses worsen. As of late, however, the national media has begun to cover the social issues troubling the United States, especially poverty. What has prompted this change and how long will it last?

Credible but not Confirmed


When airplanes flew into the Twin Towers, I was in Boston, visiting a friend at Tufts University. I watched the tragedy unfold on TV, the whole time thinking “my friends must be freaking out right now.” I couldn’t return to Manhattan for several days, but when I did, my shuttle bus brought me to Brooklyn, and I had to take the D-train onto the island. From the Brooklyn Bridge I saw the smoldering rubble, plumes of smoke where the towers once stood. For a few moments I was the one “freaking out”…

Food Stamps, Anyone?

102 An article in Reuters today dubbed the United States a “food stamp nation.” It reported that 15% of the population, or 46 million Americans, received benefits from the

Shared Sacrifice, Pt. II

101 The Poor Man's BurdenWarren Buffet’s call for fiscal reform has been lambasted by conservatives, especially on Fox News. Calling him a “socialist” (of all things!), these critics claimed that Buffet had waged class warfare against the rich—the so-called “most productive” people in American society. Rather than increase the tax rates for the top 2.3%, critics asked, why not demand that the nation’s poor—that is, those who earn less than $23 thousand for a family of four—actually pay income taxes?

Shared Sacrifice?

100 Warren BuffetMr.

The Poverty Tour

97 The Poverty Tour logoWhen will our mainstream news media start paying attention to the problem of poverty? African-American activists like TV talk show host Tavis Smiley and Yale philosopher Cornel West believe that the time is now, and have been working to put the poverty issue back on the map.