Capitalism
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Washington has only itself to blame for growing de-dollarization trend
After the breakout of the Russia-Ukraine conflict early this year, US-led Western governments imposed a raft of sweeping financial sanctions on Moscow including freezing its foreign exchange reserves. The thought the US may move to grab anybody’s assets who refuses to obey Washington’s dictates is truly unnerving, which is now inducing more countries to diversify… Continue reading
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‘The Canary in the Coal Mine’: Sri Lanka’s Crisis is a Chronicle Foretold
Sri Lanka’s acute economic crisis and sovereign debt default, along with its people’s uprising in 2022, has drawn attention across the world. It is described as the ‘canary in the coal mine’, that is, a harbinger of the likely future for other global south countries. Eric Toussaint, spokesperson for the Committee for the Abolition of… Continue reading
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A Birth of Tragedy
Alastair Crooke continues to explore the origins of concealed totalitarianism within European culture. Continue reading
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Ecosocialist Bookshelf, August 2022
Sunday, 14 August, 2022 — — Origin: Climate & Capitalism Seven new books for people who know that the point is to change the world Ecosocialist Bookshelf is a monthly Climate & Capitalism feature, hosted by Ian Angus. Books described here may be reviewed at length in future. Inclusion of a book does not imply endorsement,… Continue reading
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The Masque of Pandora
What happens when people awake to the deceit of Totalitarian-Lite posing as liberty and individualism (let alone democracy)? Well, this piece is from the leading Establishment journal from the Deep-State-linked, Anglosphere, the Daily Telegraph: Continue reading
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Revealed: UK household energy debt hit record high even before price hikes
A record 3.4 million gas and electricity accounts were in debt even before the April price hike, new figures quietly released by Ofgem reveal. That figure is nearly a third higher than it was a year earlier, when the figure stood a little below 2.6 million. The energy regulator, which has been collecting comparable data… Continue reading
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Books: Tree Thieves: Crime and Survival in North America’s Woods
Forests are one of the world’s most important biological reserves. They suck about a third of humanity’s carbon emissions out of the atmosphere each year. According to the United Nations, forests also “contain 60,000 different tree species, 80 percent of amphibian species, 75 percent of bird species, and 68 percent of the world’s mammal species.”… Continue reading
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Uneven Earth’s Monthly Readings August 2022
On our burning planet, the impact of private jets, socialist solidarity, and the growth of degrowth Once a month, we put together a list of stories we’ve been reading: news you might’ve missed or crucial conversations going on around the web. We focus on environmental justice, radical municipalism, new politics, political theory, and resources for… Continue reading
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My Body Is Not Your Capital-Producing Machine – Or Is It?
There are three basic freedoms: freedom to say NO; freedom to move away; and freedom to change what does not work. Individual freedom requires social support. To say NO, you need others to respect your choice and not force you to obey. To move freely, you need others to support your movement and not erect… Continue reading
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How Mario Draghi Broke Italy
Mario Draghi’s defenestration has left the Italian — and indeed international — establishment reeling in horror. This is not surprising. When he was nominated as Italy’s prime minister at the beginning of last year, Europe’s political and economic elites welcomed his arrival as a miracle. Virtually every party in the Italian parliament — including the two… Continue reading
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Biology at Another Crossroads
Richard Levins and Richard Lewontin’s publication of The Dialectical Biologist in 1985 provided a gestalt moment which remains just as valid and applicable decades after the book’s publication, if not even more so. Despite such relevance, it would appear that the ideas presented have remained sidelined in mainstream philosophy of biology, thanks to decades of genetic determinism… Continue reading
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Europe: caught in a trap
The major economies are moving closer to recession, if they are not already there; and yet inflation rates continue to rise (for now). The latest surveys of business activity, called Purchasing Managers Indexes (PMIs), show that both the Euro area and the US are now in contraction territory (i.e. any level below 50). The composite… Continue reading
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UK: GENERAL STRIKE NOW!
This is the slogan of the day as workers around the world are driven into destitution by the fraud of inflation. Such a slogan will only gain muscle if it is driven by the membership of the trade unions. The majority of trade union leaders do not lead from the front, instead they are found… Continue reading
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S.Korea attempts to assure China on supply chain amid US pressuring over exclusive ‘chip alliance’
South Korea faces a dilemma of whether to join the US-led semiconductor alliance “Chip 4” or not, as President Yoon Suk-yeol has called for “active diplomacy” with China to ensure there are no misunderstandings regarding its possible participation, the Yonhap News Agency reported. Continue reading
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Global Planned Financial Tsunami Has Just Begun
Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble… Continue reading
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LIVE: No Chinese “Debt Traps,” Millennials Blamed for Inflation, The Guardian Pushes WWIII
Monday, 18 July 2022 — Danny Haiphong Continue reading
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The crushing power of the pharmaceutical industry – a sorry tale
Here is a sorry tale about the power of the pharmaceutical industry to crush all dissent … dead. The key player is Dr. Aseem Malhotra, who some of you may know. He is a consultant cardiologist. Very bright, sparky, willing to take on the establishment when required. I get on well with him, we communicate… Continue reading
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The Worst is Yet to Come: When the Center Cannot Hold
In America with wider global systemic tendencies. It is not hopeful about the future, yet. Its central message is that we should continue to struggle for a future we can believe in given that we live at a time of radical uncertainty. Continue reading
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Energy: the recession trigger?
There is confusion among mainstream economists and policy-makers on whether the major economies are heading for a recession, or are already in a recession; or will avoid one altogether. The majority view, at least in the US, is the latter. This optimistic view argues that, while inflation rates are high, they will start to fall… Continue reading