Capitalism
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Obama's Second Term: Following Angela Merkel in the Oval Office? By Ingo Schmidt
In order to keep discussions of budget policy out of the campaign, the Republicans and the Democrats agreed on a pact earlier this year, which increased the debt ceiling of the federal government to the point that drastic spending cuts or tax increases could be postponed until after the election. Continue reading
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Introduction: The Needs of Oligarchy by Dan Hind
The collapse of Britain’s finance-dominated economic model in 2007-8 and the scandals that followed in quick succession mark the beginning of a constitutional crisis. How this crisis is resolved will determine the future of the country. I believe that republican doctrines and habits of mind provide valuable resources for those who want Britain to become… Continue reading
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The Death Agony of Anti-Imperialism, 2 Egypt, 1 By S. Artesian
The organization of landed property, of the landed estate, and of landed labor in Egypt was driven and determined by that which could not truly be appropriated as property—water. Water and the lack thereof, regulated, so to speak, the oscillations between scarcity and abundance. Water and the lack thereof imposed an approximate egalitarianism; a communalism… Continue reading
banks, capital, class, commodities, david harvey, Egypt, Europe, history, land, market, Marx, reproduction, revolution, S. Artesian, taxes, value -
Book Review: Wages without work
It is no longer a question of being out of work. The question is: on whose terms will we be unemployed? The financial crisis has thrown millions out of work and destroyed the future possibility of decent work for millions more. Many, if not most, of the unemployed and unemployable are women. With the TUC… Continue reading
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Video: Radical Interpretations of the Present Crisis, NYC, 11.14.12
The present moment is arguably one of unprecedented confusion on the Left. The emergence of many new theoretical perspectives on Marxism, anarchism, and the left generally seem rather than signs of a newfound vitality, the intellectual reflux of its final disintegration in history. As for the politics that still bothers to describe itself as leftist… Continue reading
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A bailout of the people by the people?
Rolling Jubilee is a Strike Debt project that buys debt for pennies on the dollar, but instead of collecting it, abolishes it. Together we can liberate debtors at random through a campaign of mutual support, good will, and collective refusal. Debt resistance is just the beginning. Join us as we imagine and create a new… Continue reading
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NHS privatisation: Compilation of financial and vested interests
This list represents the dire state of our democracy. The financial and vested interests of our MPs and Lords in private healthcare. Over 200 parliamentarians all allowed to vote on a bill that they clearly have something to gain from. Who cares that they have put it in the register of interests. This doesn’t excuse… Continue reading
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Presidential Elections: Powerful “Special Interest Groups” Won Again By Dr. Paul Craig Roberts
As readers know, I don’t think that either candidate is a good choice or that either offers a choice. Washington is controlled by powerful interest groups, not by elections. What the two parties fight over is not alternative political visions and different legislative agendas, but which party gets to be the whore for Wall Street,… Continue reading
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Video: Austerity and Low Wages will Lead to Years of Recession
Engelbert Stockhammer: Europe has shown that cuts in public spending and lowering wages leads to deep stagnation Continue reading
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Money Laundering and Offshore Fraud for the Rich, Economic Austerity for the Poor By Julie Lévesque
Drug cartels, fraud, tax evasion and money laundering are common answers to those questions. Despite this reality and even in this era of fiscal austerity, the question world leaders avoid is: why is secret banking still allowed? Are they capable of putting a term to it but unwilling to do it because of the benefits… Continue reading
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Imperialism In The X-Factor Age By Colin Todhunter
In Vietnam, Agent Orange was dropped by the US to poison a foreign population. In Iraq and the former Yugoslavia, depleted uranium was used. In Western countries, things are a bit more complicated because various states have tended to avoid using direct forms of physical violence to quell their own populations (unless you belong to… Continue reading
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UK Pathology Labs Suffer In Quality Under Serco Management
The privatisation of pathology services in two London hospitals has led to increased clinical problems and financial instability, an investigation by Corporate Watch, revealed in the Guardian today, has found. Continue reading
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Video: Big London Protests Against Austerity
Protest brings tens of thousands into the streets, but are such mobilizations enough to stop the cuts? Continue reading
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Video: Britain's Unions Bring London to a Standstill
100 thousand workers march on the capital as unions warn austerity isn’t working and threaten a general strike for the first time since 1926 Continue reading
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Video: Britain’s Unions Bring London to a Standstill
100 thousand workers march on the capital as unions warn austerity isn’t working and threaten a general strike for the first time since 1926 Continue reading
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Video: "Global Noise" Protests Against Austerity and Debt Spread Worldwide
ON SATURDAY OCTOBER 13TH, DEMONSTRATIONS TOOK PLACE ACROSS THE WORLD TO MARK THE GLOBAL NOISE DAY OF ACTION TARGETING ECONOMIC ELITES ACTIVISTS SAY ARE RESPONSIBLE FOR INCREASING DEBT AND AUSTERITY MEASURES. PROTESTS WERE HELD IN CHICAGO, ILLINOIS, LONDON, ENGLAND AMSTERDAM, NETHERLANDS MEXICO CITY, MEXICO MADRID, SPAIN AND OTHER CITIES. Continue reading
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London: Parasites’ Paradise (Or the Best Criminal Sanctuary Money Can Buy) By Prof. James Petras
Whenever financial swindlers prosper at the expense of investors or bank jiggers interest rates to bugger their competitors or tax evaders flee fiscal crises or rent gouging petrol monarchies recycle profits or oligarchs pillage economies and drive millions to drink, drugs and destitution they find a suitable secure sanctuary in London. Continue reading
The New Dark Age 