Capitalism
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Larry Summers and the Secret “End-Game” Memo By Greg Palast
The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip apart financial regulation across the planet. When you see 26.3% unemployment in Spain, desperation and hunger in Greece, riots in Indonesia and Detroit in bankruptcy, go back… Continue reading
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Fracking – Britain’s Next Revolution? By Lesley Docksey
At long last Britain is discussing and objecting to fracking – or we would be if the general public had access to accurate information. As it is, Prime Minister David Cameron is going all out to promote a country-wide embrace of shale gas. Continue reading
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The Gentification of the Left By Mike Wayne, Deidre O’Neill
The post-colonial philosopher Gayatri Spivak once famously asked: ‘Can the subaltern speak?’ Colonialism though is not just about race, it is also about that great unmentionable, class. And class colonization is one of the most central features of British social and political life. Continue reading
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Banking Scandals as a Mirror to the Struggle for World Domination (II) By Valentin KATASONOV
It is interesting that until recently, all the major initiatives to investigate the illegal and criminal activities of banks came from Washington. A certain amount of activity has also been witnessed in London, which (oh, the horror!) has started to prosecute Rothschild banks. Some experts are seeing this kind of “unpatriotic” position from the British… Continue reading
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Video: Instead of Recovery British Economy Shows Signs of Stagnation
John Weeks: “British Press tries to vindicate austerity and budget cuts as “signs of economic recovery.” Continue reading
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The European Union and Greece: the Murder of a Nation By Anna FILIMONOVA
At the end of July, eurozone deputy finance ministers approved another transfer of money to Greece to the tune of EUR 6.8 billion (it had previously been thought that Athens would be allocated EUR 8.1 billion). Several days earlier, meanwhile, the Greek parliament approved the latest in a series of legislative acts, the adoption of… Continue reading
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Enemies of the People: Georgina Rinehart By Branford Perry
In the huge barrel of plutocratic arrogance rotten apples don’t come much bigger than Gina Rinehart, the cantankerous, cheap, and mean-spirited Australian mining heiress for whom Randian hyper individualism and the law of the jungle come as naturally as breathing. Continue reading
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Video: The Great Rift: Capitalism and the metabolism of nature and production John Bellamy Foster
John Bellamy Foster: We need a society that is geared, as István Mészáros always tells us, to substantive equality. And no compromise on the issue of equality. Bolívar said equality is the law of laws. So we need substantive equality and we need ecological sustainability. And they have to go together. Continue reading
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SYRIZA: The Great Social and Political Movement of Subversion
The Conference of the Coalition of the Radical Left (SYRIZA) is a continuity and a breakthrough in its course, which started in 2000, continued with its official founding in 2004, and was sealed when it took on the historic responsibility to deliver the Greek people from the catastrophic neoliberal memoranda policies that have turned our… Continue reading
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Video: Monsanto Baseball: Escaping Accountability in Corporate America
deceptionsusa.com presents “Monsanto Baseball.” If you are Monsanto, you can commit the most egregious crimes against humanity but you are never guilty of any safety violations. In fact the EPA, FDA and USDA approve your products for public consumption. Continue reading
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Video: Vijay Prashad: Marx and Tolstoy Helped Me See the Limits of Liberalism
On the second episode of Reality Asserts Itself with Paul Jay, Vijay Prashad talks about growing up in India and coming to the realization that liberalism could never eliminate poverty Continue reading
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How we are impoverished, gentrified and silenced – and what to do about it By John Pilger
Surveillance is normal in the Age of Regression – as Edward Snowden revealed. Ubiquitous cameras are normal. Subverted freedoms are normal. Effective public dissent is now controlled by police, whose intimidation is normal. Continue reading
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China – Avoid the West’s Debt Overhead: A Land Tax is needed to hold down Housing Prices By Michael Hudson
How can China avoid the “Western financial disease” – a real estate bubble followed by defaults and foreclosures? The U.S. and European economies originally sought to avoid this fate by taxing the location’s site value. A rent tax was the focus of Progressive Era reforms. Continue reading
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Video: 'Game Over' By Michael Hudson
Michael Hudson talks about the ‘bubble economy’ and ‘quantative easing’. Continue reading
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Video: ‘Game Over’ By Michael Hudson
Michael Hudson talks about the ‘bubble economy’ and ‘quantative easing’. Continue reading