Capitalism
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Ukraine’s Corporate Carve-Up Collapses?
On July 5th, Bloomberg reported that a BlackRock-administered multibillion-dollar fund for Kiev’s reconstruction, due to be unveiled at a dedicated Ukraine Recovery Conference in Rome July 10th/11th, had been placed on hold at the start of 2025 “due to a lack of interest” among institutional, private, and state financiers. The summit is over, lack of… Continue reading
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LABOUR IN GOVERNMENT, IT WAS ALWAYS GOING TO END IN TEARS
It is one year since the last general election. It took only a year for the Labour Government to melt down. Labour not only sold its principles but its soul to manage a capitalist economy in crisis. Not so much power and prestige as a poisoned chalice. Instead, humiliation and ruin will be their due. Continue reading
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Just 1.6% of all world’s adults own 48.1% of all the world’s personal wealth
Every year, I do a post on the inequality of global wealth using the annual data compiled by economists working for the Swiss bank, Credit Suisse. But Credit Suisse is now no more, swept away by scandal and the banking crisis of 2023. The other major Swiss bank, UBS, took over the assets of CS… Continue reading
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Global heating isn’t just getting worse. It is getting worse faster
Thursday, 19 June 2025 — Climate and Capitalism Surplus heat is accumulating in the Earth system at an accelerating rate “Things aren’t just getting worse. They’re getting worse faster, We’re actively moving in the wrong direction in a critical period of time that we would need to meet our most ambitious climate goals. Some reports, Continue reading
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Capitalism in Crisis: Technofascism and Hyper-Imperialism
The empire is falling. Not with fireworks or finality—but in slow motion, dragging the world down with it. The dreams sold after World War II—democracy, prosperity and liberty—have curdled into surveillance, austerity and endless war. The U.S., bloated on conquest, finds itself governing not through vision but through brute force and algorithmic fear. Continue reading
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From the Rockies to Stockholm: ignoring the global crisis
As I write, the government leaders of the Group of Seven (G7) countries – Canada, France, Germany, Italy, Japan, the United Kingdom and the US – are meeting in the remote town of Kananaskis, Alberta, in the foothills of the Canadian Rockies, for intense discussions. This will be the 51st summit meeting of the top… Continue reading
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1.5 is dead: How hot will the Earth get?
There is no room for doubt: Earth is getting hotter. The question now is how hot will it get? Continue reading
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Carbon capture company emits more than it captures
Between April 2021 and October 2024, British physicist Michael de Podesta paid £40 per month to carbon capture company Climeworks. In return, the company promised to remove 50 kilograms of carbon dioxide each month. But in September 2024, de Podesta wrote that “when I checked the other day they had removed precisely no CO₂ from the atmosphere”. Continue reading
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Only Total Collapse Will Rouse Humanity from Its Suicidal Sleepwalk
As Gaza’s children burn while the world watches, it becomes clear: only climate catastrophe, nuclear armageddon, or World War III may force humanity to abandon Western capitalism’s suicidal path. Continue reading
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More liberation themes in Love, Death, & Robots’ ‘400 Boys
The previous analysis of “400 Boys” was a breakdown of the show’s major story beats and imagery. The following focuses on smaller details. Continue reading
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Slaying the hydra: an analysis of Love, Death & Robots’ ‘400 Boys’
The people’s struggle against colonialism and imperialism is a struggle of epic proportions, wherever it takes place. No liberation struggle is waged without involving all aspects of society. Bridges once burned due to the symptoms of imperialism (like racism and misogyny) are rebuilt stronger, made unmovable, connecting people to march together to fight the real… Continue reading
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BRITAIN RENEWS ITS SPECIAL RELATIONSHIP WITH EUROPE AS THE ATLANTIC WIDENS DUE TO TRUMP’S TETONIC SHIFTS
The UK and the EU signed a new trade and fishery deal together with easier movement of students much to the anger of the right in the country who accused them of breaching the spirit of Brexit despite the majority of Brits no longer favour Leaving as once they did. Continue reading
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Globalization or Nationalism: A False Choice?
We live in a system of competing nation-states immersed in a global economy. This is an unworkable combination. A global economy requires cooperation based on common interest, while competition among nations assumes conflicting interests. Continue reading
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Geonomics, nationalism and trade
Geonomics is a new term for international economic theories and policies. According to Gillian Tett at the FT, in the past, “it was generally assumed that rational economic self interest ruled the roost, not grubby politics. Politics seemed to be derivative of economics — not the other way around. No longer. The trade war unleashed… Continue reading
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Oh, Drop the Act – Fascism is the Beating Heart of Western “Civilization”
Notice the pattern: All world wars are the West’s handiwork and most genocides were committed by Europeans – Let’s start seeing Western “civilization” for what it truly is. Continue reading
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Fascism is capitalism in crisis:
On May 3, the Struggle for Socialism Party Los Angeles branch discussed the new book, “Against fascism: reclaiming populism’s legacy for today’s class struggle, compiled by Louisiana socialist Gregory Williams. Following is the opening presentation for the class series. Continue reading
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Western elites who want to play God with the Sun – who are they? 🌞
The UK government has unveiled a £50M ($66.6M) scheme to ‘fight climate change’ via experiments dimming the Sun, from the release of reflective substances mimicking natural aerosols to the use of seawater sprays to ‘brighten clouds’, increasing their reflectivity. Continue reading
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Everything Going To Plan For The British Oligachy
I wrote earlier about the role of the oligarch funded AfD, founded by neoliberal economists and now lead by the grand-daughter of a Hitler-appointed judge and acolyte of a neoliberal economist, as a party being kept in the wings in case oligarch rule through social democracy breaks down. With the CDU/CSU government immediately after its… Continue reading
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Fascism – Capitalism’s last resort
Sunday, 4 May 2025 — in Defence of Marxism What is fascism, how do we fight it, and is it a threat today? In this episode of the Spectre of Communism podcast, we discuss the history of fascism’s rise to power in the 1930s, to learn the lessons for our movement. The history of fascism: Continue reading
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ANALYSING TRUMP’S FIRST BLUNDRED DAYS.
The posturing continues and the lies abound, but the confidence is shrinking and the reputation faltering. That sums up President Trump’s first 100 days in office. Only pain no gain. A storm is brewing. Continue reading
The New Dark Age 