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LPE Blog

Weekly Roundup: June 30, 2023

Ntina Tzouvala on the ongoing Afghan central bank saga, Eva Nanopoulos on the contradictions of “peaceful” sanctions, and Aslı Bâli on the parasitic relationship between sanctions and economic asymmetry. Plus, last call to apply to the coolest job in the universe, videos from Money as a Democratic Medium 2.0, the Dig tackles AI, David Dayen. . .

Weapons Against the Weak

Since the end of the Cold War, sanctions have served primarily as a way for relatively united Western powers — led by the United States — to impose their preferences on weaker states. The era of unipolarity that has facilitated such one-sided coercion is, however, drawing to a close, and with it perhaps the age of ever-proliferating sanctions.

The Antinomies of “Peaceful” Sanctions

The legal concept and practice of “peaceful sanctions” is ridden with contradictions. To understand these antinomies, and to make sense of the changes in the legal treatment of sanctions over time, we must attend to the material basis of the international legal order – namely, a global but contradictory, crisis-prone, and conflictual capitalist imperialism. . .

Weekly Roundup: June 23, 2023

Aslı Ü. Bâli and Ntina Tzouvala kick off a new symposium on economic sanctions and TWAIL, Jessica Whyte explains why international law is incapable of seeing the harm caused by economic coercion, and Maryam Jamshidi argues that sanctions have empowered a new class of colonizers. Plus, Sandeep Vaheesan on the scourge of pay-for-delay by pharmaceutical companies,. . .

Sanctions’ New Colonizers

In this moment of U.S. financial imperialism, a host of “new” colonizers have emerged, including private plaintiffs holding unsatisfied civil judgments against so-called terrorists, terrorist organizations, and countries designated by the U.S. State Department as state sponsors of terrorism. And just as the colonizers of yesteryear used imperial policies. . .

The Opacity of Economic Coercion

At a time when human rights NGOs rigorously count civilian deaths in armed conflicts, no equivalent accounting is available to victims of a war waged via exchange rates, inflation, and interest rates. The opaque mechanisms through which economic coercion inflicts harm have made it difficult to identify causation, let alone to prosecute its agents under international. . .

Weekly Roundup: June 16, 2023

Savannah Cox, John Hogan Morris, Zac J. Taylor on the networked climate authority of credit rating agencies, Madison Condon on how mainstream economic climate models underestimate the damage from climate change, and Duncan Kennedy, Karl Klare, and Michael Turk on how to empower tenant organizing. Plus, the first LPE NYC event, an extension to apply to. . .

A Wagner Act for Tenant Unions

One often overlooked reason for the current rental housing crisis is the imbalance in bargaining power between landlords and tenants. To address this imbalance, Duncan Kennedy, Karl Klare, and Michael Turk argue that we must empower tenant organizing and sketch the architecture of a legislative package that would entitle tenants to organize into unions with. . .

Weekly Roundup: June 9, 2023

Larry Lohmann on the misguided logic of carbon offsets, William Boyd on the privatized model of renewable energy development, and Shelley Welton on the atomized approach to net-zero. Plus, Luke Herrine at the nexus of antitrust and consumer protection, Jenny Hunter on Glacier Northwest, Zachary Carter on Isabella “Don’t Call it a Comeback” Weber,. . .

Renewable Power: Who Will Own the Clean Energy Future?

The IRA promises to pump billions of dollars into clean energy infrastructure, primarily though tax equity financing. This approach, despite its merits, all but guarantees that our clean energy future will be dominated by incumbent private actors, namely large financial institutions and private developers, who will capture the benefits of abundant low-cost. . .