Capitalism
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GERMANY WHERE NEXT? Q2 DATA INCLUDING RATE OF PROFIT
The German Federal Statistical Office (Destatis) has released its estimates for the second quarter of 2022 allowing the preparation of tunrover and profits for the non-financial sector in Germany. Following this fundamental analysis of the German economy comment will be made on Germany’s prospects given that it and Britain are most at risk from current… Continue reading
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As Europe Implodes, It Plans “Radical Intervention” Including Price-Setting, Suspending Derivatives Markets And Europe-Wide Margin Call Bailouts
Just when you thought the narrative couldn’t get any more idiotic, Europe shocks just about everyone. A few days after the EU threatened commodity traders it would stage an “emergency intervention” to crush energy prices which were rising at a pace of about 20% per day (perhaps Europe can now print nat gas and electricity… Continue reading
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Exclusive: How Shell and BP financed Britain’s Cold War propaganda machine
“Handsome” sums were provided by BP and Shell to the Information Research Department (IRD), which was Britain’s Cold War propaganda arm between 1948 and 1977, declassified files show. The IRD used the secret subsidies to fund British covert propaganda operations during the 1950s and 1960s across the Middle East and Africa, where Britain’s oil interests were substantial. Today,… Continue reading
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Climate Scientists Call For Civil Disobedience
A group of climate scientists have said: Time is short to secure a livable and sustainable future; yet, inaction from governments, industry and civil society is setting the course for 3.2 °C of warming, with all the cascading and catastrophic consequences that this implies. In this context, when does civil disobedience by scientists become justified. Continue reading
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Unseen Heat: Is this the ‘End Game’ of the Climate?
We are experiencing a very hot and dry summer. Some people quite like it and for our governments there is nothing wrong yet. But actually, we should sound a big alarm. According to experts, if we do not change course soon, we risk ending up in the ‘climate end game’. In the meantime, the orchestra… Continue reading
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Achieving Earth for All
Because the changes needed to achieve sustainable well-being for everyone are so big, they require determined social movements with wide participation. But while history shows that inertia and defeatism can become self-fulfilling, it also shows that governments ultimately have to respond to popular pressure – or be replaced by it. Continue reading
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‘No Farms, No Food:’ Dutch farmers confront billionaire ‘green’ elite’s food system reset plan
Dutch farmers’ protests offer a preview of the resistance to come as transnational “green” billionaires advance a “reset” of the global food system. The elite agenda threatens to deepen an international cost of living crisis and spark unrest well beyond The Netherlands. Continue reading
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Liz Truss — Fule Britannia
Could there be a worse Prime Minister than the boisterous buffoon Johnson? Yes, the dull lampooned Truss. A party which is sacrificed to dumb down society by using the dream of Brexit to prevent a left-wing alternative, ends up paying a high price. First Johnson then Truss. With “no handouts” Truss, the Tory Party is… Continue reading
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How corporations are stealing the sea
For most of human history, the oceans have been seen as a global commons, the benefits and resources of which belong to us all in equal measure. But our seas – and the marine environment as a whole – are being ravaged by exploitation for corporate profit. The result is a social, economic and ecological… Continue reading
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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