Capitalism
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Deepa Kumar, “Obama’s Cairo Speech: A Rhetorical Shift in US Imperialism”
But if the speech marked a rhetorical shift, it did not chart new ground in terms of U.S. foreign policy. Instead, it signals the reemergence of liberal imperialism, packaged deftly and skillfully through the person of Barack Hussein Obama. Continue reading
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Worker rights: No balls, no gains By Joe Bageant
From the Depression through World War II the Teamsters Union became a powerful entity, and a popular one too because of such things as its pledge never to strike during the war or a national emergency. President Roosevelt even had a special designated liaison to the Teamsters. But power and money eventually drew the usual… Continue reading
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Capitalism Hits the Fan Richard Wolff on the Economic Meltdown
With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Continue reading
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William Blum: Anti-Empire Report, Number 69 – Some thoughts about torture. And Mr. Obama.
the new administration has not categorically banned the outsourcing of torture, such as renditions, the sole purpose of which is to kidnap people and send them to a country to be tortured. Moreover, what do we know of all the CIA secret prisons, the gulag extending from Poland to the island of Diego Garcia? How… Continue reading
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The Wall Street Demos Commemorating ML King’s 1967 Anti-War Speech & 1968 Assassination By Lenni Brenner
King was in in Memphis, Tennessee, in 1968 with his Poor People’s Campaign, supporting the lowest of the low, the city striking ‘garbage men.’ Thus it is fitting that this April 3rd and 4th saw Wall Street demos, called in his memory, against Barack Obama’s stuffing the pockets of the rich with Main Street’s taxes. Continue reading
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The Economic Model That is in Crisis Needs Urgent Change
In the face of the grave crisis shaking the world and our hemisphere in particular, which illustrates the failure of the so-called ‘free trade’ model it is evident that the official Summit’s declaration is far from representing the indispensible and urgent change that current reality and hemispheric relations demand. Continue reading
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Bolivia Rising: Document of the Bolivarian Alternative for the Peoples of Our Americas (ALBA) countries for the 5th Summit of the Americas
The financial system is in crisis because it is quoting the value of papers at six times the real value of goods and services being produced in the world. This is not a ‘failure of the regulation of the system’ but rather a constitutive part of the capitalist system that speculates with all goods and… Continue reading
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General Motors: When We Are Led to Believe a Lie By Gregg Shotwell
GM sold 4.4 million vehicles in the U.S. in 1992 and employed 265,000 UAW members. GM sold 4.5 million vehicles in the U.S. in 2007 and employed 73,000 UAW members. Continue reading
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Video – Zinn on class in America Pt.2
Howard Zinn: In the United States we are brought up to think there’s only one class Part Two Continue reading
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Stanford laundered and siphoned money from wealthy Latin Americans to fund anti-leftist rebellions By Wayne Madsen
Stanford, with the knowledge of the Jewish investors, was laundering and forwarding their money to groups planning the overthrow of elected progressive leaders such as Hugo Chavez in Venezuela, Evo Morales in Bolivia, Rafael Correa in Ecuador, Cristina Fernandez de Kirchner in Argentina, and Daniel Ortega in Nicaragua. Continue reading
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Video – Zinn on class in America Pt. 1
Howard Zinn: In the United States we are brought up to think there’s only one class Continue reading
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Bernanke’s Financial Rescue Plan: The growing prospect of a U.S. default by Mike Whitney
There are myriad problems with Bernanke’s lending facilities which are nothing more than a crafty way of transferring wealth from the Fed to private industry via low interest loans. Continue reading
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William Blum: Anti-Empire Report, Number 68, 4 April, 2009 Some thoughts about socialism
Wall Street has not only an army of lawyers and accountants, but a horde of mathematicians with advanced degrees searching for the perfect equations to separate people from their money. Continue reading
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Black Sea: Pentagon's Gateway to Three Continents and the Middle East By Rick Rozoff
Prior to the breakup of the Warsaw Pact in 1989 and the Soviet Union two years later the Black Sea was mainly off limits to the West in general and to the Pentagon and NATO in particular. Continue reading
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AS NEW SCAMMERS EMERGE, IS IT JAILOUT TIME YET? By Danny Schechter
As we watch an economy in free fall, there seems to a lot less agitation for a serious investigation of those responsible for this collapse Continue reading
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How Ireland Went Bust By Harry Browne
The unemployment rolls in the Republic of Ireland are growing by more than 30,000 per month. It might not sound like a lot, but on a straight per-capita comparison, in a state of some four million people, that’s more than three times worse than what’s been afflicting the US. Continue reading
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Pinochet, the Friedman Boys & Thatcher By Andy Beckett
When General Pinochet came to power in Chile after a military coup in 1973, he unleashed a wave of radical free-market policies that thrilled rightwing observers in Britain. Continue reading