Today Chile votes on a new constitution. Chileans have a chance to replace Pinochet’s document with one that guarantees social, economic, and environmental rights, and to bury the legacy of neoliberalism once and for all.

Prabhat Patnaik | Economists distinguish between two kinds of inflation: “demand-pull” and “cost-push”. But no matter what kind of inflation we are talking about, it can always be controlled at the expense of the working class; and, what is more, under capitalism it is invariably controlled at the expense of the working class.

The Postil | We are pleased to bring you this fresh interview with Jacques Baud, in which we cover what is now happening in the geopolitical struggle that is the Ukraine-Russia war. As always, Mr. Baud brings deep insight and clear analysis to the conversation.

And the IMF notes, “The global outlook has already darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one.” Jacon Frenkel, head of the Group of 30 consortium of global policy makers summed it up: “We have the energy crisis, we have the food crisis, we have the supply chain crisis and we have the war, all of which has profound implications for the economic performance of the world’.