Whether policymaking can develop solutions for the inevitable problems that capitalism creates has long been a concern of political economists. One of these issues is rising inequality across the USA and other countries. Inequality is a significant risk for political stability, so it is vital to understand how democratic societies respond to it. Progressive taxation policies, which tax the rich at higher rates, can help to equalize incomes and wealth. Despite this, over the last four decades while inequality has increased, successive US governments have introduced falling tax rates for top earners. Why is this?

The role of EU trade policy is evolving in today’s complex global landscape. Dr. Andrea Christou and Professor Chad Damro at the University of Edinburgh have studied how the EU balances traditional market-oriented goals with emerging geopolitical pressures. Their analysis explores how different EU bodies frame trade policy, highlighting the contrast between the EU’s broader geopolitical strategy and its trade department’s narrower approach.

Brazil, Russia, India and China, often known as the BRICs, have seen explosive growth in the past two decades and have asserted themselves as drivers of globalisation. Many scholars have researched the effects of this growth and development, and how these factors have affected domestic labour conditions. But are they asking the right questions? For instance, if developing countries invest in developed economies, will this lead to improved working conditions in the investing developing nation? Dr Patrick Wagner of the University of Konstanz, Germany, and Professor Damian Raess of the Catholic University of Lille, France, have conducted a study investigating whether Brazilian direct investment in Europe leads to improved working conditions back in Brazil.