Capitalism
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Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place
The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by exploiting their customers and debtors. All antiquity recognized that the drive to acquire money is addictive and indeed tends to be exploitative and hence socially injurious. The moral values of most societies opposed… Continue reading
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Political False Dichotomies: Notes From The Edge Of The Narrative Matrix
You may vote and debate freely on any issue which does not affect the functioning of the empire. When it comes to how money, weapons and resources move around the world, however, you suddenly find that your votes don’t matter and your position has no mainstream representation. They’ll let you argue until you’re blue in the… Continue reading
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Ecosocialist Bookshelf, July 2022
Tuesday, 12 July 2022 — Origin: Climate & Capitalism Summer reading for greens and reds. New books on work, extractive industry., empire, pandemics, organizing, and socialism Ecosocialist Bookshelf is a monthly column, hosted by Ian Angus. Books described here may be reviewed at length in future. Inclusion of a book does not imply endorsement, or that… Continue reading
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ECONOMIC STRESSES LEAD TO POLITICAL INSTABILITIES as Johnson discovered
Saturday, 9 July 2022 — theplanningmotivedotcom “In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely, relations of production appropriate to a given stage in the development of material forces of production. The totality of these relations of production constitutes the economic structure of society,… Continue reading
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What Was Covid Really About? Triggering A Multi-Trillion Dollar Global Debt Crisis.”Ramping up an Imperialist Strategy”?
Thursday, 7 July 2022 — Global Research Covid, Capitalism, Friedrich Engels and Boris Johnson By Colin Todhunter “And thus it renders more and more evident the great central fact that the cause of the miserable condition of the working class is to be sought, not in these minor grievances, but in the capitalistic system itself.” Friedrich Engels,… Continue reading
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Christian fascism, Murdoch media lies, & our ever-more-apparent dystopia
The “United States” fundamentally lacks the characteristics of a nation. Its people have no shared history, culture, or values, because the country they’re in came about artificially. It’s a project for building up capital, constructed on land that was annexed in wars of aggression. America’s Christian nationalists have no actual nation, only a brand. They… Continue reading
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The ‘Wrong’ Turning Brings on the ‘Fourth Turning’
For the last four hundred years, west Europeans have lived one very particular ‘vision’; one that stands poles-apart from that which went earlier. As Galileo pursued his experimentation in Italy, it was Francis Bacon who set out a clear theory of inductive procedure – to make experiments, and to draw general conclusions from them, to… Continue reading
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For ecosocialist degrowth
Degrowth and ecosocialism are two of the most important movements—and proposals—on the radical side of the ecological spectrum. Sure, not everyone in the degrowth community identifies as a socialist, and not everyone who is an ecosocialist is convinced by the desirability of degrowth. But one can see an increasing tendency of mutual respect and convergence.… Continue reading
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Yellow Vest Win: Proving that Western Liberal Democracy is the same old autocracy
If we say that the Yellow Vests are not socialist revolutionaries even latently, then what are they protesting about? To put it the most simply: they are protesting the end of European Social Democracy, with the limited protections it provided. Continue reading
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Yellow Vest Win: Proving that Western Liberal Democracy is the same old autocracy
If we say that the Yellow Vests are not socialist revolutionaries even latently, then what are they protesting about? To put it the most simply: they are protesting the end of European Social Democracy, with the limited protections it provided. Continue reading
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Capitalism Is the Real Information War
In the foreword to Last Dance, Last Chance, Ann Rule meditates on the nature of liars. “Once a lie is successful,” she says, “it grows and multiplies, burnished and perfected until it works every time. It’s a sad irony that the more honest a potential victim is, the more innocent, the more likely such a person… Continue reading
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Indigenous organizations in Peru declare state of emergency
The following statement was issued by thirteen Indigenous organizations from across the Peruvian Amazon, including local and regional federations from Ucayali, and the national Indigenous Peoples organization AIDESEP. Continue reading
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The World Is Ruled By A Backwards Puritanical Regime: Notes From The Edge Of The Narrative Matrix
“China is a strange, backwards nation ruled by tyrants,” said the nation founded by Puritans who used to execute women for witchcraft and just killed reproductive rights protections because they think Jesus told them to. Continue reading
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The future of work 2 – working long and hard
I want to consider the impact of work on people’s lives and health and how that will pan out over the next few decades. Marx once said “The less you eat, drink and buy books; the less you go to the theatre, the dance hall, the public house; the less you think, love, theorize, sing, paint,… Continue reading
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Zugzwang*
Western self-destruction – a puzzle defying any unique causal explanation – continues. The examples where policy is pursued in apparent indifference to anything resembling rigorous reflection, has become so extreme as to provoke a former British military chief (and former head of NATO forces in Afghanistan), Lord Richards, to huff that the relationship between strategy… Continue reading
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A tightening world
It’s been a big week for the major central banks. First, the European Central Bank (ECB) called an emergency meeting because government bond yields were rising sharply in the more indebted Eurozone economies like Italy and Spain. That threatens to deliver a new sovereign debt crisis as happened after the Great Recession from 2010-2014, leading to… Continue reading
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The Trend Toward a Multipolar World is Defined by Class Struggle
These edited remarks were given by the author at an event held on June 11th by Friends of Socialist China titled The Empire Strikes Back: Imperialism’s Global War on Multipolarity. They were originally published in the Black Agenda Report and the full event can be viewed here. Continue reading
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Escobar: Will The Global South Break Free From Dollarized-Debt?
In his latest book, economist Michael Hudson pits socialism against finance capitalism and tears apart the ‘dream civilization’ imposed by the 1 percent. Continue reading