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Monthly Review Blog

A less noticed implication of Trump tariffs

A less noticed implication of Trump tariffs

Tariffs raise the prices of imported goods in the domestic market relative to money wages, which is what makes possible, at least in part, the replacement of such imports by domestically-produced goods. Tariffs do not of course lead to all imports being eliminated,...

Bolivia at a standstill

Bolivia at a standstill

Between the null vote promoted by Evo Morales and the dispersion of the progressive camp, the right wing is poised to reopen the neoliberal path that the MAS had closed for twenty years.