Written by Jeffrey Sachs & Sybil Fares To read the original text in English visit the following link: https://www.aljazeera.com/opinions/2026/8/31/the-looming-failure-of-operation-economic-outcast ABOUT JEFFREY D. SACHS Jeffrey D. Sachs is University Professor and Director of the Center for Sustainable Development at Columbia University, where he directed the Earth Institute from 2002 until 2016. He is President of the […]
In this video, political scientist John Mearsheimer and economist Yanis Varoufakis explain how the United States has lost one war after another while preserving its global power—and why the Iran war may have crossed a decisive threshold. What happens when military superiority is no longer enough to maintain alliances and project power across the Persian […]
In this lecture, economist James K. Galbraith explains why neoliberal economic policy is reaching its limits. Starting from the Greek crisis, the role of the Troika, and Yanis Varoufakis’ 2015 negotiations, he shows how an economic doctrine that presented itself as without alternative helped justify social hardship, political hierarchy, and democratic powerlessness. But Galbraith does […]
In this video, former Greek Finance Minister Yanis Varoufakis and Richard D. Wolff, Professor Emeritus of Economics at the University of Massachusetts Amherst, discuss a central question: Are we witnessing the beginning of a new crisis of the U.S. dollar? Starting from the Petrodollar system, the Iran conflict, and growing uncertainty in financial markets, Varoufakis […]
In this video, Richard D. Wolff, Professor of Economics (emeritus) at the University of Massachusetts Amherst, analyzes the far-reaching economic consequences of the US-Israeli war on Iran. The focus is on the Strait of Hormuz, conflicting developments in energy prices and supply, and signs of escalation whose consequences may extend far beyond the region. The […]
Is the Strait of Hormuz really closed or is a different reality unfolding? Investigative journalist and human rights lawyer Dimitri Lascaris reports from a civilian vessel inside the strait, documenting what is actually happening on the ground. Despite the war, numerous oil tankers and cargo ships remain visible, while Iran controls passage and sets conditions. […]
In this interview with Pulitzer Prize–winning journalist Chris Hedges, economist and former Greek finance minister Yanis Varoufakis discusses the far-reaching economic consequences of the Iran war. The conversation explores rising energy prices, potential disruptions to global trade routes, and the risk of a worldwide financial crisis. Varoufakis examines structural vulnerabilities in the global economy, geopolitical […]
In this video, journalist and human rights lawyer Dimitri Lascaris examines the economic consequences of the war between the United States, Israel and Iran. Looking at recent developments, he explains why the conflict could have far greater implications for the global economy than many currently expect. The analysis explores the strategic importance of the Strait […]
On January 19, American economist Jeffrey Sachs spoke at the China Institute at Fudan University about profound transformations in the global economy. In his keynote address, he analyzes historical shifts in power since the 19th century, current data on global economic output, and the growing role of Asia in the international system. Sachs discusses the […]